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Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
30.59 USD +0.20 (0.658%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 30.50 -0.09 (-0.090%) ⇩ (Aug. 28, 2026, 7:50 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:⯪☆☆☆☆
Hot Take | Aug. 22, 2026, 1:14 a.m. EDT

The recent price recovery is a classic leveraged ETF bounce, not a sign of sustainable trend reversal. While the underlying index has rallied strongly over the last year, the 3x leverage structure means this ETF is still down nearly 40% from its peak five years ago. The market is currently pricing in a continuation of this decline, with options traders flooding the market with cheap, deep out-of-the-money puts to hedge against further drops. This heavy put positioning acts as a ceiling on the rally; any attempt by the price to break out will likely trigger a wave of buying protection, pushing the price back down. For a short-term trader, the momentum is fading as the statistical forecast shows no directional edge, and the heavy put wall suggests resistance is imminent. Long-term investors should remain cautious given the compounding decay inherent in leveraged products during volatile markets.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.242339
AutoTheta0.244086
AutoARIMA0.244934
MSTL0.281325

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 40%
H-stat 1.08
Ljung-Box p 0.000
Jarque-Bera p 0.552
Excess Kurtosis -0.27
Attribute Value
Trailing P/E 31.12

As of Aug. 22, 2026, 1:14 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 13-18) compared to negligible call volume. Implied volatility is significantly elevated for these protective puts relative to the underlying asset's ATM IV, suggesting a fear of a sharp correction. Conversely, call activity is sparse and concentrated near the money or slightly OTM, indicating a lack of speculative bullish momentum despite the recent price recovery.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.16% 0.20% 0.16% 1.01%
Dividend History
Date Dividend Yield %
2026-06-23 0.034 0.157846
2026-03-24 0.008 0.045636
2025-06-24 0.044 0.160584
2025-03-25 0.025 0.106202
2021-12-09 3.051 4.581081
2019-12-23 0.018 0.064470
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.17

Info Dump

Attribute Value
All Time High 98.516
All Time Low 5.02
Ask 30.74
Ask Size 1,100
Average Daily Volume10 Day 99,150
Average Daily Volume3 Month 230,129
Average Volume 230,129
Average Volume10Days 99,150
Beta3 Year 4.04
Bid 29.44
Bid Size 11,700
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 31.6139
Day Low 30.22
Dividend Yield 0.17
Eps Trailing Twelve Months 0.9829448
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.6242
Fifty Day Average Change 4.9657993
Fifty Day Average Change Percent 0.19379334
Fifty Two Week Change Percent -0.815928
Fifty Two Week High 35.24
Fifty Two Week High Change -4.6500015
Fifty Two Week High Change Percent -0.13195236
Fifty Two Week Low 14.9
Fifty Two Week Low Change 15.690001
Fifty Two Week Low Change Percent 1.0530202
Fifty Two Week Range 14.9 - 35.24
First Trade Date Milliseconds 1,573,137,000,000
Five Year Average Return -0.1916897
Full Exchange Name NYSEArca
Fullday Change 0.200001
Fullday Change Percent 0.658114
Fullday Price 30.5
Fund Family Direxion Funds
Fund Inception Date 1,573,084,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. 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.
Long Name Direxion Daily Dow Jones Internet Bull 3X Shares
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_634654909
Nav Price 28.755
Net Assets 93,518,752.0
Net Expense Ratio 0.96
Open 30.23
Phone 866-476-7523
Post Market Change -0.09000015
Post Market Change Percent -0.29421428
Post Market Price 30.5
Post Market Time 1,787,961,028
Previous Close 30.39
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.200001
Regular Market Change Percent 0.658114
Regular Market Day High 31.6139
Regular Market Day Low 30.22
Regular Market Day Range 30.22 - 31.6139
Regular Market Open 30.23
Regular Market Previous Close 30.39
Regular Market Price 30.59
Regular Market Time 1,787,947,200
Regular Market Volume 151,895
Short Name Direxion Daily Dow Jones Intern
Source Interval 15
Symbol WEBL
Three Year Average Return 0.41311648
Total Assets 93,518,752
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 31.120771
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.36896
Trailing Three Month Returns 7.36896
Triggerable 1
Two Hundred Day Average 24.2224
Two Hundred Day Average Change 6.3675995
Two Hundred Day Average Change Percent 0.26288062
Type Disp ETF
Volume 151,895
Yield 0.0017
Ytd Return -7.36232