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WEBL

Direxion Daily Dow Jones Internet Bull 3X Shares·ARCA
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Key Stats

Assets Under Management
92.80MUSD
Fund Flows (1Y)
-46.34MUSD
Dividend Yield
0.31%
Discount/Premium to NAV
0.10%
Shares Outstanding
4.15M
Expense Ratio
0.98%

About Direxion Daily Dow Jones Internet Bull 3X Shares

Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Nov 7, 2019
Structure
Open-Ended Fund
Index Tracked
Dow Jones Internet Composite Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
Overview Insight: WEBL is passively managed to provide 3x leveraged daily exposure to the Dow Jones Internet Composite Index. The index is composed of the 40 largest and most actively traded U.S. internet technology and commerce companies. Companies selected are determined by the Index Provider to derive a majority of their sales from activities such as online retail, social media, advertising, travel platforms, cloud computing or digital marketing. Because of daily rebalancing and the compounding over time, the return of the Fund for periods longer than a day, will very likely differ from 300% of the return of the Index over the same period.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Internet
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Market cap

Analysis

Sector

Technology

35.13%

Communication Services

32.33%

Consumer Cyclical

27.33%

Financial Services

2.30%

Industrials

1.55%

Healthcare

1.36%

Asset

Holdings

Symbol

Ratio

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DOW JONES INTERNET COMPOSITE INDEX SWAP

121.84%
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DREYFUS GOVT CASH MAN INS

25.82%
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GOLDMAN FINL SQ TRSRY INST 506

10.82%
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META

Meta
8.13%
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AMZN

Amazon.com
7.61%
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NFLX

Netflix
5.52%

Symbol

Ratio

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CSCO

Cisco Systems
4.81%
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GOOGL

Alphabet A
4.32%
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ANET

Arista Networks
3.55%
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GOOG

Alphabet C
3.46%

Top 10 Weight 195.89%

10 Total Holdings

See all holdings

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