DV
Dividend Vision

WEBS — Direxion Daily Dow Jones Internet Bear 3X Shares

Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS)

WEBS pays a 3.04% distribution rate, quarterly, on a 1.07% expense ratio. Total return is -99.4% over the past 6.8 years, 277.1 points behind SPY at 177.7%. Its deepest 1-year drawdown was 57.9%.

Direxion Daily Dow Jones Internet Bear 3X Shares is a leveraged inverse ETF that seeks to deliver three times the daily opposite return of the Dow Jones Internet Index, which comprises companies generating at least half their revenue from internet operations. The fund carries a high current distribution rate paid quarterly and has an expense ratio of 1.07%. This fund is designed for experienced traders seeking short-term bearish exposure to internet stocks rather than for buy-and-hold income investors.

WEBS key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
11/07/2019
Expense ratio
1.07%
Distribution rate
3.04%
Distribution frequency
Quarterly
Trailing yield
3.82%
Last close
$14.21
AUM
$6,792,206
Average volume
20500.0
Last dividend
$0.1080
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-3.44