Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS)
11.59
-0.56
(-4.61%)
USD |
NYSEARCA |
Jun 06, 16:00
11.58
-0.01
(-0.09%)
After-Hours: 20:00
Key Stats
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Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.06% | 0.03% | 24.05M | 339652.1 |
Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
-- | 0.00% | 8.589M | Upgrade |
Basic Info
Investment Strategy | |
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the S&P 500 High Beta Index. The Fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short leveraged exposure to the Index. |
General | |
Security Type | Exchange-Traded Fund |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Global Peer Group | Alternative Dedicated Short Bias |
Peer Group | Dedicated Short Bias Funds |
Global Macro | Liquid Alternatives |
US Macro | Alternative Equity Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Dedicated Short Bias Funds |
Fund Owner Firm Name | Direxion |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 07, 2025.
Asset Allocation
As of April 30, 2025.
Type | % Net |
---|---|
Cash | 1.52% |
Stock | 0.00% |
Bond | 92.09% |
Convertible | 0.00% |
Preferred | 0.00% |
Other | 6.38% |
Basic Info
Investment Strategy | |
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the S&P 500 High Beta Index. The Fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short leveraged exposure to the Index. |
General | |
Security Type | Exchange-Traded Fund |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Global Peer Group | Alternative Dedicated Short Bias |
Peer Group | Dedicated Short Bias Funds |
Global Macro | Liquid Alternatives |
US Macro | Alternative Equity Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Dedicated Short Bias Funds |
Fund Owner Firm Name | Direxion |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |