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Daily Dow Jones Internet Bear 3X Shares (WEBS)

NYSEARCA: WEBS · IEX Real-Time Price · USD
15.88 0.42 (2.72%)
Nov 26, 2021 1:00 PM EST - Market closed
Assets$5.08M
NAV$15.88
Expense Ratio1.07%
PE Ration/a
Shares Out320,000
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend DateMar 24, 2020
1-Year Return-49.02%
Volume62,221
Open13.63
Previous Close15.46
Day's Range15.32 - 15.99
52-Week Low13.12
52-Week High13.12
Beta-2.05
Holdings6
Inception DateNov 7, 2019

About WEBS

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Asset ClassEquity
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolWEBS
Index TrackedDow Jones Internet Composite Index

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.315Mar 31, 2020
Dec 23, 2019$0.2541Dec 31, 2019
Full Dividend History

News

Is Tech Dominance Starting to Wane? Check Out This Inverse Internet ETF

Technology was one of the shining stars during the pandemic as more people relied on the internet amid social distancing measures, but that strength could be waning. If that's the case, there could be s...

1 month ago - ETF Trends

Rising Yields Rattles Market: Inverse ETFs in Vogue

Wall Street resumed its quarter-end decline in the face of rising yields. This has resulted in a spike in inverse or inverse leveraged ETFs.

Other symbols:LABDSOXSTECS
1 month ago - Zacks Investment Research

5 Inverse ETFs Jump Most on Market Sell-Off

We have highlighted the five best-leveraged inverse ETFs that piled up handsome gains on the broad sell-off.

Other symbols:LABDSOXSSQQQ
1 month ago - Zacks Investment Research

5 Best Inverse/Leveraged ETFs of Last Week

The U.S. economy is witnessing a rise in the number of new Delta variant cases. This fear weighed on the broader market last week.

Other symbols:MEXXSILXYANG
3 months ago - Zacks Investment Research

Inverse ETFs to Play the Decline in Tech Sector

The technology sector is witnessing weakness since the start of the week amid intensifying fears of increasing inflation and rising interest rates.

Other symbols:CLDSREWSOXSSQQQTECS
6 months ago - Zacks Investment Research

Think the Tech Sector Is Going Belly Up? The WEBS ETF Is for You

2020 saw the tech sector basking in the sunlight, but 2021 is starting out to be the year of cyclical sectors. Traders can play the short-term weakness in tech using the Direxion Daily Dow Jones Interne...

7 months ago - ETF Trends

Top 4 Inverse/Leveraged ETF Areas of Last Week

The first week of March was mixed for Wall Street. The energy sector has been the key winner.

8 months ago - Zacks Investment Research

6 Inverse ETFs Riding High on Tech Sell-Off This Week

Higher rates tend to hit hard the technology sector as it relies on easy borrowing for superior growth.

Other symbols:CLDSSOXSSQQQTECSTSLA
9 months ago - Zacks Investment Research

4 Inverse leveraged ETFs of Last Week

Wall Street crashed last week on renewed virus fear, election uncertainty and subdued tech earnings.

Other symbols:DRIPSDOWSRTY
1 year ago - Zacks Investment Research

5 Inverse Tech ETFs Jump on Fastest-Ever Nasdaq Correction

The Nasdaq slumped to the correction territory (down 10% from the peak) in just three days, representing its quickest plunge ever from a record close.

Other symbols:SOXSSQQQTECS
1 year ago - Zacks Investment Research

Goldman Sachs Says Bear Market Is Coming This Year

While Merrill Lynch Wealth Management and Bank of America said on Tuesday that a recession might not be in the cards, Goldman Sachs’ premier U.S. stock strategist noted Wednesday that the longest U.S. b...

Other symbols:HIBS
1 year ago - ETF Trends

Could The Fed Make Another Rate Cut This Month?

Last Tuesday, the Federal Reserve made an emergency rate cut, which quickly tanked markets after a brief pop higher.

Other symbols:HIBS
1 year ago - ETF Trends

Can A Fed Rate Cut Rescue Markets Longer Term?

On Tuesday, the Federal Reserve announced an emergency rate cut of 50 basis points in response to the broadening economic threat of the coronavirus contagion. While the move was widely expected, is it e...

Other symbols:HIBS
1 year ago - ETF Trends

Markets Fall As Companies Change Conference Plans Due To Coronavirus

U.S. stocks continue to fall on Friday as markets are in extreme panic due to the coronavirus outbreak, and have now entered correction territory, down more than 10% from all-time highs. The coronavirus...

Other symbols:HIBS
1 year ago - ETF Trends

Jim Cramer: Now Is the Time to Buy Some Stocks

While most investors and analysts are shying away from stocks, or even altogether avoiding them like the plague, famed analyst Jim Cramer of CNBC’s Mad Money says now is the time to deploy some capital ...

Other symbols:HIBS
1 year ago - ETF Trends

3 Inverse ETFs to Take Advantage of Stock Market Panic

With stocks falling apart in their worst four-day performance since December 2018, now in negative territory for the year, investors are scrambling to take cover and decide where to reallocate assets. S...

Other symbols:PSQHIBS
1 year ago - ETF Trends