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WEBL ETF — Direxion Daily Dow Jones Internet Bull 3X Shares
Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)
Updated October 16, 2026.
Verdict as of October 16, 2026
WEBL's distribution is rated elevated risk by the Dividend Vision Distribution Safety Score™ (37/100, medium confidence). It pays quarterly and its distribution rate is 0.06%. The latest total cash payment per current share, $0.004 with an ex-date of September 22, 2026, was 87.9% lower than the previous $0.0335. These payments are unclassified; this does not establish a base-dividend change.
Sources: Direxion, Section 19a-1 notices, scoring methodology.
WEBL is an ETF that tracks the Dow Jones Internet. its distribution rate is 0.06%, its trailing-12-month yield is 0.17%, its expense ratio is 0.96%. Dividend Vision Distribution Safety Score™ is 37/100 (Elevated risk). Total return is 13.8% over the past 6.9 years, 159.9 points behind SPY at 173.7%.
Direxion Daily Dow Jones Internet Bull 3X Shares is an ETF that seeks to deliver three times the daily return of the Dow Jones Internet Index, which comprises companies deriving at least half their revenue from internet operations, using leveraged financial instruments including swaps and ETFs. The fund has a very modest distribution rate and makes quarterly distributions, with an expense ratio of 0.96%. This leveraged, non-diversified fund appeals primarily to active traders seeking short-term amplified exposure to internet stocks, rather than buy-and-hold income investors.
WEBL dividend yield and income
Price as of 2026-10-16.
The distribution rate (0.06%) uses calculation basis unavailable. Trailing-12-month yield (0.17%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.00405. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-22 | $0.00405 | -87.9% Unclassified cash |
| 2026-06-23 | $0.03353 | 308.9% Unclassified cash |
| 2026-03-24 | $0.0082 | -81.4% Unclassified cash |
| 2025-06-24 | $0.04409 | 79.2% Unclassified cash |
| 2025-03-25 | $0.0246 | 22263.6% Unclassified cash |
| 2023-06-21 | $0.00011 | -100.0% Unclassified cash |
| 2021-12-09 | $3.05116 | 17196.8% Unclassified cash |
| 2019-12-23 | $0.01764 | — |
| 2019 total (partial launch year) | $0.01764 | — |
| 2021 total | $3.05116 | — |
| 2023 total | $0.00011 | -100.0% |
| 2025 total | $0.06869 | 62345.5% |
| 2026 YTD total | $0.04578 | -33.4% vs prior-year YTD |
WEBL dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -33.4%. The 1Y row below uses this same adjacent TTM cash-window comparison.
| Window | Change |
|---|---|
| 1Y | -33.4% |
| 3Y | 41518.2% |
WEBL holdings and sector exposure
Holdings are not available for this snapshot.
WEBL performance versus SPY
Price and return data through 2026-10-16.
Total return is 13.8% over the past 6.9 years, 159.9 points behind SPY at 173.7%. Over the past year its total return — price change plus distributions reinvested — is -14.0%. Its deepest 1-year drawdown was 54.9%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -7.0% | — |
| 3M | 6.0% | — |
| 6M | 15.3% | — |
| YTD | -2.5% | — |
| 1Y | -14.0% | — |
| 2Y CAGR | — | 15.30% |
| 3Y CAGR | — | 37.20% |
| 5Y CAGR | — | -20.40% |
| Since inception (6.9 years) | 13.8% | 1.90% |
WEBL key facts
- Distribution Safety Score™
- 37 · Elevated risk
- Safety-Adjusted Yield
- 0.02%
- Issuer
- Direxion
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 11/07/2019
- Expense ratio
- 0.96%
- Distribution rate
- 0.06%
- Distribution frequency
- Quarterly
- Trailing yield
- 0.17%
- Last close
- $26.61 (as of 2026-10-16)
- AUM
- $91,935,849
- Average volume
- 114101.0
- Dividend
- $0.00405
- Ex-dividend date
- 09/22/2026
- Payment date
- 09/29/2026
- Beta
- 4.14
How Dividend Vision calculates yield and returns
Distribution rate (0.06%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.17%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: Direxion; Index: Dow Jones Internet; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
WEBL risks and drawbacks
WEBL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 54.9%.
Who may consider WEBL — and who may not
It is a weaker fit for investors who need monthly cash flow (WEBL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on WEBL
Frequently asked questions
Does WEBL pay monthly?
No. WEBL currently pays quarterly, not monthly.
What index does WEBL track?
WEBL tracks the Dow Jones Internet.
What is WEBL's expense ratio?
WEBL's expense ratio is 0.96%.
What is WEBL's dividend yield?
WEBL's distribution rate is 0.06%, paid quarterly, with a 0.96% expense ratio — calculation basis unavailable.
How has WEBL's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -33.4%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does WEBL pay a dividend?
WEBL pays quarterly. The dividend amount is $0.00405. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.
How has WEBL performed?
Total return is 13.8% over the past 6.9 years, 159.9 points behind SPY at 173.7%. Over the past year its total return — price change plus distributions reinvested — is -14.0%. Its deepest 1-year drawdown was 54.9%.
Is WEBL a good investment?
WEBL's Dividend Vision Distribution Safety Score is 37 (Elevated risk). That is a risk signal, not investment advice. Its distribution rate is 0.06% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
More securities from Direxion.
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Holdings as-of date unavailable.
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