Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
13.79 USD
-0.04
(-0.289%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 13.70 -0.09 (-0.090%) ⇩ (Aug. 28, 2026, 7:51 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:31 a.m. EDT
This instrument is a high-risk leveraged inverse ETF designed to profit from a falling Dow Jones Internet index, making it fundamentally unsuited for long-term holding due to the inevitable decay of leveraged products over time. The price history confirms this structural deterioration: the asset has lost nearly 96% of its value over the last five years, with the most recent three years showing consecutive annual declines. While the recent 14-day price action shows some volatility, the underlying trend remains deeply bearish, and the statistical forecast models a slight further drop over the next month. The dividend yield of 3.17% is misleading; it is an artificial construct resulting from massive capital erosion rather than sustainable cash flow, as evidenced by the precipitous drop in dividend amounts from over $1.70 per quarter in 2023 to just $0.11 in mid-2026. With no meaningful options liquidity to provide a sentiment check and a multi-year trajectory of destruction, this security offers no investment thesis other than a temporary trade on continued sector weakness. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.281742 |
| MSTL | 0.418806 |
| AutoETS | 0.429440 |
| AutoARIMA | 0.441813 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 3.26 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.023 |
| Excess Kurtosis | 1.05 |
As of Aug. 22, 2026, 5:31 a.m. EDT: Options activity is extremely thin with negligible volume and open interest across all expirations. Implied volatility is effectively zero for puts, indicating a lack of speculative positioning for downside protection. The sparse call open interest suggests minimal hedging or directional bets from retail or institutional speculators.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.52% | 2.64% | 4.24% | 3.05% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.108 | 0.517861 |
| 2026-03-24 | 0.116 | 0.405028 |
| 2025-12-23 | 0.170 | 0.870010 |
| 2025-09-23 | 0.149 | 0.843237 |
| 2025-06-24 | 0.216 | 0.950286 |
| 2025-03-25 | 0.224 | 0.627627 |
| 2024-12-23 | 0.425 | 1.307290 |
| 2024-09-24 | 0.700 | 1.296296 |
| 2024-06-25 | 0.890 | 1.369231 |
| 2024-03-19 | 0.800 | 1.232666 |
| 2023-12-21 | 1.700 | 2.035928 |
| 2023-09-19 | 1.620 | 1.271586 |
| 2023-06-21 | 2.060 | 1.404226 |
| 2023-03-21 | 1.880 | 0.899091 |
| 2022-12-20 | 0.620 | 0.166577 |
| 2022-09-20 | 0.130 | 0.034984 |
| 2020-03-24 | 3.200 | 0.134116 |
| 2019-12-23 | 2.500 | 0.113271 |
| Attribute | Value |
|---|---|
| All Time High | 4,793.0 |
| All Time Low | 6.43 |
| Ask | 14.04 |
| Ask Size | 800 |
| Average Daily Volume10 Day | 42,380 |
| Average Daily Volume3 Month | 66,558 |
| Average Volume | 66,558 |
| Average Volume10Days | 42,380 |
| Beta3 Year | -3.44 |
| Bid | 13.5 |
| Bid Size | 700 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.87 |
| Day Low | 13.3799 |
| Dividend Yield | 3.17 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.2848 |
| Fifty Day Average Change | -3.4947996 |
| Fifty Day Average Change Percent | -0.20218919 |
| Fifty Two Week Change Percent | -29.72561 |
| Fifty Two Week High | 33.25 |
| Fifty Two Week High Change | -19.46 |
| Fifty Two Week High Change Percent | -0.58526313 |
| Fifty Two Week Low | 13.3799 |
| Fifty Two Week Low Change | 0.41009998 |
| Fifty Two Week Low Change Percent | 0.030650452 |
| Fifty Two Week Range | 13.3799 - 33.25 |
| First Trade Date Milliseconds | 1,573,137,000,000 |
| Five Year Average Return | -0.35373008 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.04 |
| Fullday Change Percent | -0.289226 |
| Fullday Price | 13.7 |
| 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 the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track 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 Bear 3X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_634641229 |
| Nav Price | 14.699 |
| Net Assets | 7,656,154.0 |
| Net Expense Ratio | 1.07 |
| Open | 13.84 |
| Phone | 866-476-7523 |
| Post Market Change | -0.09000015 |
| Post Market Change Percent | -0.652648 |
| Post Market Price | 13.7 |
| Post Market Time | 1,787,961,060 |
| Previous Close | 13.83 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.04 |
| Regular Market Change Percent | -0.289226 |
| Regular Market Day High | 13.87 |
| Regular Market Day Low | 13.3799 |
| Regular Market Day Range | 13.3799 - 13.87 |
| Regular Market Open | 13.84 |
| Regular Market Previous Close | 13.83 |
| Regular Market Price | 13.79 |
| Regular Market Time | 1,787,947,191 |
| Regular Market Volume | 35,990 |
| Short Name | Direxion Daily Dow Jones Intern |
| Source Interval | 15 |
| Symbol | WEBS |
| Three Year Average Return | -0.51407534 |
| Total Assets | 7,656,154 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -14.92598 |
| Trailing Three Month Returns | -14.92598 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.050085 |
| Two Hundred Day Average Change | -7.260085 |
| Two Hundred Day Average Change Percent | -0.34489575 |
| Type Disp | ETF |
| Volume | 35,990 |
| Yield | 0.0317 |
| Ytd Return | -14.35328 |