Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)
Direxion Daily Dow Jones Internet Bull 3X Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $29.89, up 0.95% on the session, giving a market capitalisation of $150.4M. Its beta of 4.11 implies it has historically moved more than the broad market.
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. Effective February 27, 2026, the fund replaced the term Shares in its name with ETF.
Direxion Daily Dow Jones Internet Bull 3X Shares is most often compared with the following Financial Services names: