WEBS ETF · Direxion Daily Dow Jones Internet Bear 3X Shares ETF

The Direxion Daily Dow Jones Internet Bear 3X Shares ETF, denominated in USD, is an exchange-traded fund that seeks to provide inverse exposure to the performance of the Dow Jones Internet Composite Index. The ETF aims to achieve daily investment results equivalent to three times (300%) the inverse of its benchmark index's daily performance. This mechanism offer investors an opportunity to potentially capitalize upon downturns in the internet sector as represented by companies in the index. This fund encompasses a wide range of Internet commerce and services companies incorporated in the United States that have been chosen based on their significance and scale within the market. It is pertinent to note, that this ETF does not make a direct investment in equities, instead, it derives its exposure by utilizing derivative contracts including futures contracts and swap agreements along with other financial instruments that are consistent with achieving its investment objective. Investors should be aware that this ETF is inherently volatile due to its 'triple leverage' feature aimed at magnifying gains or losses based on the direction of the underlying index. The Direxion Daily Dow Jones Internet Bear 3X Shares ETF can be an effective financial tool for sophisticated investors with high-risk tolerance during periods when they anticipate a potential downturn in Internet-based sectors. Remember: Leveraged and inverse ETFs aim to generate short-term returns that are either 300% or -300% of their benchmark index respectively. These products involve much more risk than traditional ETFs. Please consult a financial advisor before making any investment decisions.