WEBS

Fund Description
The Daily Dow Jones Internet Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Dow Jones Internet Composite Index. The Dow Jones Internet Composite Index (DJINETT) is provided by S&P Dow Jones Indices and includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the Index Provider. Additionally, each stock must have a minimum of three months trading history and a three month average market capitalization of at least $100 million. The Index consists of 40 stocks that are included in two different sectors, internet commerce and internet services.
Fund Profile
Fund Name Direxion Daily Dow Jones Internet Bear 3x Shares ETF
Fund Exchange Ticker WEBS
Fund Sponsor Direxion Shares
Fund ISIN US25460G6668
Net Expense Ratio 0.95 %
Fund Inception Date 7 November 2019
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Dow Jones Internet Composite Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Inverse (-3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 23 September 2021
Asset Under Management 6.73 Million (USD)
1 Month Total Return -4.35 %
Year To Date Return -49.42 %
1 Year Total Return -71.44 %
3 Year Annualized Total Return
NAV 14.3138
Share Outstanding 469,952
Top 10 Holdings (23 September 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
DOW JONES INTERNET COMPOSITE INDEX SWAP SWAP 1.5588765888
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.4233972142
DREYFUS GOVT CASH MGMT MMKT -0.1354400548
GOLDMAN FINL SQ TRSRY INS MMKT -0.0000389536
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0000003662