Direxion Daily Dow Jones Internet Bull 3X Shares
CThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$31.46+0.15 (+0.48%)
- 0.96%
- $98M
- +2.0%
- 0.15%
- 0.2M sh
- $32.10
- low $14.90high $34.52
The ETF.net WEBL Grade
C
Score 51 out of 100
- 15 of 31
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A73 out of 100Rank 6 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 23 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D29 out of 100Rank 25 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D35 out of 100Rank 24 of 31
Our read on WEBL
CMost 3x funds crank up the Dow or the Nasdaq. WEBL aims at a narrower target: 300% of the daily move of the Dow Jones Internet Composite, a basket of US internet names. Direxion has run it since 2019.
The fund seeks daily investment results equal to 300% of the performance of the Dow Jones Internet Composite Index, before fees and expenses.
Why people hold it
- Charges 0.96%, under the 1.04% median for leveraged bull funds, and stands in the upper tier of that roughly 100-fund crowd.
- The mandate is mechanical: 300% of the Dow Jones Internet Composite Index's daily performance, before fees and expenses. No stock picking, no manager discretion.direxion.com
- Internet-specific at 3x, roughly 50 stocks, rather than a Nasdaq-100 or broad-index wrapper like most of its leveraged peers. Trading since 2019.
Worth knowing
- Leverage resets every day. Hold longer and each day compounds on the last, so a multi-day result can land well away from 3x the index's move over that stretch.direxion.com
- A narrow internet basket magnified threefold moves hard in both directions, and with roughly 50 names, single-company news carries real weight.
- Smaller asset base and only moderate trading next to the biggest 3x funds, so spreads and order sizing matter. Distributions land annually or semiannually.
WEBL Holdings
- Stocks
- 47
- 89%
- Djinet Swap Asset Leg (Djinetjpl)
Sectors
- Technology44.4%
- Communication28.9%
- Consumer Discretionary22.3%
- Financials2.1%
- Health Care1.4%
- Industrials0.8%
Geography
- United States100.00%
WEBL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
WEBL$10,197
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | WEBL |
|---|---|
| Year to date | +14.7% |
| 1 month | +9.0% |
| 3 months | +20.3% |
| 1 year | +2.0% |
| 3 years | +45.2% |
| 5 years | −16.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WEBL |
|---|---|---|
| 2026 YTD | +14.7% | |
| 2025 | +2.4% | |
| 2024 | +76.8% | |
| 2023 | +165.5% | |
| 2022 | −91.0% | |
| 2021 | +2.9% | |
| 2020 | +132.6% |
WEBL in the news
WEBL Dividends
- 0.15%
- $0.05
- $0.0041 per share
- Quarterly
Distribution history
WEBL Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 61.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.78
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −94.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 4.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WEBL Cost
0.96%
WEBL0.96%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
6 of the 30 3x Leveraged Long funds charge less.
Other funds in 3x Leveraged Long
- CDUSLDirexion Daily Industrials Bull 3X ETFExpense ratio 0.98%1 year return +23.1%
- CUTSLDirexion Daily Utilities Bull 3X ETFExpense ratio 0.98%1 year return −28.1%
- CMIDUDirexion Daily Mid Cap Bull 3X ETFExpense ratio 0.99%1 year return +35.9%
- CNAILDirexion Daily Homebuilders & Supplies Bull 3X ETFExpense ratio 0.96%1 year return −56.9%
- CURTYProShares - UltraPro Russell2000Expense ratio 1.08%1 year return +34.9%