WEBS
·NYSE
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Key Stats
Assets Under Management
12.26MUSD
Fund Flows (1Y)
1.69MUSD
Dividend Yield
5.08%
Discount/Premium to NAV
0.04%
Shares Outstanding
596.78K
Expense Ratio
1.08%
About Direxion Daily Dow Jones Internet Bear 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
WEBS is passively managed to provide 3x daily inverse 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
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -6.63% | +15.06% | -41.29% | -39.65% | -94.39% | -92.66% |
NAV Total Return | +3.82% | +9.19% | -43.26% | -38.20% | -92.82% | -92.53% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
GOLDMAN FINL SQ TRSRY INST 506
56.13%
DREYFUS GOVT CASH MAN INS
41.75%
DOW JONES INTERNET COMPOSITE INDEX SWAP
-37.95%
DOW JONES INTERNET COMPOSITE INDEX SWAP-1
-72.47%
DOW JONES INTERNET COMPOSITE INDEX SWAP-2
-94.35%
DOW JONES INTERNET COMPOSITE INDEX SWAP-3
-95.23%
Top 10 Weight -202.13%
6 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-23 | 2025-09-23 | 2025-09-30 | 0.149 |
| 2025-06-24 | 2025-06-24 | 2025-07-01 | 0.216 |
| 2025-03-25 | 2025-03-25 | 2025-04-01 | 0.224 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.425 |
| 2024-09-24 | 2024-09-24 | 2024-10-01 | 0.070 |
| 2024-06-25 | 2024-06-25 | 2024-07-02 | 0.089 |
| 2024-03-19 | 2024-03-20 | 2024-03-26 | 0.080 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
