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FAZ vs WEBS

Direxion Daily Financial Bear 3X Shares vs Direxion Daily Dow Jones Internet Bear 3X Shares

FAZ

Direxion Daily Financial Bear 3X Shares

Direxion Funds

Annual cost

1.03%

Fund size

$120M

WEBS

Direxion Daily Dow Jones Internet Bear 3X Shares

Direxion Funds

Annual cost

1.07%

Fund size

$10M

Key differences

  • FAZ is significantly larger than WEBS — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FAZ has delivered higher annualized returns.
  • FAZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAZWEBS
Annual cost (TER)1.03%1.07%
Fund size (AUM)$120M$10M
Since20082019
Dividend yield3.00%3.22%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-9.8%-29.4%
CAGR 3Y-38.5%-52.2%
CAGR 5Y-27.5%-37.9%
Sharpe 3Y-0.84-0.85
Volatility 1Y43.24%56.97%
Max drawdown-99.78%-99.60%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FAZ and WEBS