Direxion Daily S&P 500® Hi Bt Br 3X ETF (HIBS)
5.81
-0.09
(-1.53%)
USD |
NYSEARCA |
Mar 20, 16:00
5.81
0.00 (0.00%)
After-Hours: 17:39
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.07% | 0.00% | 72.11M | 3.456M |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 0.05% | 0.00% | 59.29M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® High Beta Index. The fund invests at least 80% of its net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index. The index provider selects 100 securities from the S&P 500 ® Index that have exhibited the highest sensitivity to market movements, or “beta,” over the past 12 months based on the securities’ daily price changes. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Inverse Equity |
| Category Index | S&P 500 TR USD |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Direxion Funds |
| Prospectus Benchmark Index | |
| S&P 500 High Beta TR USD | -300.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Paul Brigandi | 3.31 yrs |
| Tony Ng | 3.31 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
23
59.29M
-122.92M
Category Low
2.267B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 17, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 17, 2023.
Asset Allocation
Top 5 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Dreyfus Government Secs Cash Mgmt Admin | 73.53% | 1.00 | 0.00% |
| Goldman Sachs FS Treasury Intms Instl | 43.75% | 1.00 | 0.00% |
|
Goldman Sachs Sterling FixInc Port Inc
|
18.81% | -- | -- |
|
Goldman Finl Sq Trsry Ins
|
0.08% | -- | -- |
|
S&P 500 High Beta Index Swap
|
-22.97% | -- | -- |
News
Headline
Wire
Time (ET)
Basic Info
| Investment Strategy | |
| The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® High Beta Index. The fund invests at least 80% of its net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index. The index provider selects 100 securities from the S&P 500 ® Index that have exhibited the highest sensitivity to market movements, or “beta,” over the past 12 months based on the securities’ daily price changes. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Inverse Equity |
| Category Index | S&P 500 TR USD |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Direxion Funds |
| Prospectus Benchmark Index | |
| S&P 500 High Beta TR USD | -300.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Paul Brigandi | 3.31 yrs |
| Tony Ng | 3.31 yrs |
Fund Details
| Key Dates | |
| Inception Date | 11/7/2019 |
| Last Annual Report Date | 10/31/2022 |
| Last Prospectus Date | 2/28/2023 |
| Attributes | |
| Index Fund |
|
| Inverse Fund |
|
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)