Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) Performance
WEBL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −5.6% since Dec 31, 2025
- 1 year
- −19.4% total return
- 5 years
- −20.7% a year
- Since first price
- +1.4% a year since 2019
WEBL trailing returns vs SPY, QQQ, AGG
| Period | WEBL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −11.0% | −11.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +22.5% | +22.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +13.5% | +13.3% | +7.8% | +8.4% | −1.5% |
| YTD | −5.6% | −5.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −19.4% | −19.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +183.6%+41.6%/yr | +182.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −68.7%−20.7%/yr | −70.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 7, 2019 | +10.2%+1.4%/yr | +5.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: WEBL vs SPY
From Nov 7, 2019: WEBL grew to $11,020, SPY to $27,254.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
WEBL returns by calendar year
5 of 6 full years positive. Best 2023 (+165.5%), worst 2022 (−91.0%). 2026 is year to date.
WEBL annual returns table
| Year | WEBL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −5.6% | −45.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +2.4% | −60.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +76.8% | −36.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +165.5% | −43.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −91.0% | −91.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +2.7% | −40.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +132.6% | −70.0% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
WEBL largest drawdowns
Now 72.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 7, 2021 | −94.4% | Dec 28, 2022 | not yet | 1.3 years | 5.1 years so far |
| Feb 20, 2020 | −70.0% | Mar 18, 2020 | Jun 22, 2020 | 27 days | 4 months |
| Feb 12, 2021 | −40.3% | Mar 8, 2021 | Jul 23, 2021 | 24 days | 5 months |
| Sep 2, 2020 | −35.4% | Sep 18, 2020 | Dec 16, 2020 | 16 days | 3 months |
| Jul 23, 2021 | −17.6% | Aug 18, 2021 | Sep 7, 2021 | 26 days | 46 days |
| Dec 22, 2020 | −15.3% | Jan 6, 2021 | Jan 20, 2021 | 15 days | 29 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
WEBL risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +41.0% | −17.8% | +1.3% |
| Volatility (annualized) | 61.1% | 71.1% | 72.6% |
| Sharpe ratio | 0.79 | 0.03 | 0.34 |
| Sortino ratio | 1.43 | 0.05 | 0.54 |
| Best month | +39.8% | +46.9% | +61.7% |
| Worst month | −29.7% | −47.1% | −47.1% |
| Best 12 months | +137.1% | +165.5% | +320.6% |
| Worst 12 months | −27.7% | −91.3% | −91.3% |
| Positive months | 61% | 52% | 55% |
| Beta vs S&P 500 | 4.12 | 3.64 | — |
| Correlation with S&P 500 | 0.84 | 0.80 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
WEBL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 72 | −91.3% | +26.2% | +320.6% | 64% |
| 3-year (a year) | 48 | −43.1% | −25.9% | +68.7% | 40% |
| 5-year (a year) | 24 | −23.2% | −12.1% | +4.8% | 21% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
WEBL performance overview
Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) returned −19.4% over the past year and −20.7% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +1.4% a year, turning $10,000 into about $11,020. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −94.4%, from Sep 7, 2021 to Dec 28, 2022; the fund has not yet regained that high. WEBL finished 5 of its 6 full calendar years with a gain; the best year was 2023 (+165.5%) and the worst 2022 (−91.0%). Volatility has been 72.6% a year.
Related: WEBL chart, WEBL dividends. See the WEBL overview for the latest quote and fund facts.
WEBL performance FAQ
What is the WEBL return over the past year?
WEBL returned −19.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 19.5%.
What is the average annual return of WEBL?
WEBL has returned −20.7% a year over 5 years, +1.4% a year since November 7, 2019 (total return, distributions reinvested).
How much would $10,000 invested in WEBL be worth?
$10,000 invested in WEBL at its first recorded close on November 7, 2019 would be worth about $11,020 on October 23, 2026 with distributions reinvested.
What was the worst year for WEBL?
The worst calendar year was 2022, with a total return of −91.0%. The best was 2023 at +165.5%.
What is the biggest drawdown of WEBL?
The largest peak-to-trough decline was −94.4% between September 7, 2021 and December 28, 2022. It has not yet recovered to that high; it is 72.2% below its peak.
How volatile is WEBL?
Over the past 3 years WEBL had an annualized volatility of 61.1% and a Sharpe ratio of 0.79 (excess return over 1–3 month T-bills per unit of risk).