Direxion Daily Dow Etf Profile
WEBS Etf | USD 21.02 0.12 0.57% |
PerformanceVery Weak
| Odds Of DistressLow
|
Direxion Daily is selling for under 21.02 as of the 20th of July 2025; that is 0.57 percent down since the beginning of the trading day. The etf's lowest day price was 21.0. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of April 2025 and ending today, the 20th of July 2025. Click here to learn more.
The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets. More on Direxion Daily Dow
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Direxion Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Size And Style ETFs, Large Cap ETFs, Trading--Inverse Equity, Direxion Funds (View all Sectors) |
Issuer | Direxion |
Inception Date | 2019-11-07 |
Benchmark | Dow Jones Internet Composite Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 9.62 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Large Cap |
Market Concentration | Developed Markets |
Region | North America |
Administrator | U.S. Bancorp Fund Services, LLC |
Advisor | Rafferty Asset Management, LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Paul Brigandi, Tony Ng |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Oct |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 13.0 |
Market Maker | IMC |
Total Expense | 1.16 |
Management Fee | 0.75 |
Country Name | USA |
Returns Y T D | (39.21) |
Name | Direxion Daily Dow Jones Internet Bear 3X Shares |
Currency Code | USD |
Open Figi | BBG00QRNGT65 |
In Threey Volatility | 62.51 |
1y Volatility | 64.15 |
200 Day M A | 34.9401 |
50 Day M A | 24.0604 |
Code | WEBS |
Updated At | 19th of July 2025 |
Currency Name | US Dollar |
In Threey Sharp Ratio | (1.34) |
Direxion Daily Dow [WEBS] is traded in USA and was established 2019-11-07. The fund is listed under Trading--Inverse Equity category and is part of Direxion Funds family. The entity is thematically classified as Size And Style ETFs. Direxion Daily Dow at this time have 68.15 M in net assets. , while the total return for the last 3 years was -62.3%.
Check Direxion Daily Probability Of Bankruptcy
Direxion Daily Dow Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | (0.23) | |||
Jensen Alpha | (0.55) | |||
Total Risk Alpha | (1.49) | |||
Treynor Ratio | 0.3086 |
Direxion Daily Against Markets
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The market value of Direxion Daily Dow is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.