Direxion Daily Dow Jones Internet Bear 3X Shares

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

WEBS trades at 23.02 USD today, its price has fallen −3.60% in the past 24 hours. Track more dynamics on WEBS price chart.

WEBS net asset value is 23.88 today — it's fallen 20.81% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

WEBS assets under management is ‪8.37 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

WEBS price has fallen by −25.69% over the last month, and its yearly performance shows a −67.21% decrease. See more dynamics on WEBS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −20.81% over the last month, showed a −38.52% decrease in three-month performance and has decreased by −65.85% in a year.

WEBS fund flows account for ‪3.96 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

WEBS expense ratio is 1.08%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

WEBS is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, WEBS technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WEBS shows the sell signal. See more of WEBS technicals for a more comprehensive analysis.

Yes, WEBS pays dividends to its holders with the dividend yield of 9.40%.

WEBS shares are issued by Rafferty Asset Management LLC

WEBS follows the DJ Internet Composite. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Nov 7, 2019.