The Daily Dow Jones Internet Bull and Bear 3X ETFs 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. There is no guarantee the funds will achieve their stated investment objective.
The current price of WEBL is $28.93 USD — it has increased by +4.71% in the past 24 hours.
The monthly change is a +19.15% rise. Over the last year, WEBL has showed a +14.26% increase.
WEBL assets under management is $107M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
WEBL expense ratio is 0.96%. It's an important metric for helping understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
WEBL shares are issued by Direxion.
Yes, WEBL pays a dividend yield of 0.18%.
Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.
Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.
Many investors in Latin America buy international ETFs like WEBL to protect their purchasing power. Because WEBL is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.
No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.