Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL)
HIBL is a passive ETF by Direxion tracking the investment results of the S&P 500 High Beta Index (300%). HIBL launched on Nov 7, 2019 and has a 1.12% expense ratio.
ETF Info
| ISIN | US25460E3493 |
|---|---|
| CUSIP | 25460E349 |
| Issuer | Direxion |
| Inception Date | Nov 7, 2019 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Index Tracked | S&P 500 High Beta Index (300%) |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HIBL has a high expense ratio of 1.12%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HIBL vs. WEBL, HIBL vs. HIBS, HIBL vs. TPOR, HIBL vs. TQQQ, HIBL vs. VOO, HIBL vs. SOXL, HIBL vs. SPY, HIBL vs. BOIL, HIBL vs. BNKU, HIBL vs. LABU
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily S&P 500 High Beta Bull 3X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily S&P 500 High Beta Bull 3X Shares had a return of 9.73% year-to-date (YTD) and 69.35% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.73% | 25.48% |
| 1 month | -4.91% | 2.14% |
| 6 months | 5.34% | 12.76% |
| 1 year | 69.35% | 33.14% |
| 5 years (annualized) | 5.02% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of HIBL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -8.91% | 13.50% | 11.84% | -20.21% | 3.15% | 3.68% | 6.36% | -7.62% | 10.30% | -10.13% | 9.73% | ||
| 2023 | 52.39% | -9.36% | -5.69% | -12.82% | 5.06% | 35.22% | 15.83% | -17.97% | -22.26% | -25.22% | 44.07% | 41.01% | 81.02% |
| 2022 | -18.08% | 2.55% | -1.91% | -32.78% | -2.54% | -40.15% | 50.87% | -16.61% | -31.89% | 23.78% | 24.61% | -25.62% | -68.24% |
| 2021 | -3.78% | 62.01% | 11.08% | 13.95% | 15.00% | -4.37% | -12.77% | 6.77% | -6.61% | 23.00% | -8.09% | 7.40% | 129.14% |
| 2020 | -12.80% | -28.24% | -74.54% | 53.73% | 20.83% | 4.25% | 3.06% | 20.61% | -15.59% | 3.04% | 85.88% | 21.06% | -24.96% |
| 2019 | 3.73% | 17.09% | 21.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HIBL is 43, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily S&P 500 High Beta Bull 3X Shares provided a 0.99% dividend yield over the last twelve months, with an annual payout of $0.46 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.29 | $0.00 | $0.04 | $0.06 | $0.08 |
Dividend yield | 0.99% | 0.69% | 0.00% | 0.06% | 0.19% | 0.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily S&P 500 High Beta Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.34 | |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2020 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2019 | $0.08 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily S&P 500 High Beta Bull 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily S&P 500 High Beta Bull 3X Shares was 88.27%, occurring on Apr 3, 2020. Recovery took 221 trading sessions.
The current Direxion Daily S&P 500 High Beta Bull 3X Shares drawdown is 46.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -88.27% | Jan 21, 2020 | 53 | Apr 3, 2020 | 221 | Feb 19, 2021 | 274 |
| -78.49% | Nov 9, 2021 | 235 | Oct 14, 2022 | — | — | — |
| -35.61% | Jun 3, 2021 | 32 | Jul 19, 2021 | 74 | Nov 1, 2021 | 106 |
| -22.11% | Mar 16, 2021 | 6 | Mar 23, 2021 | 25 | Apr 28, 2021 | 31 |
| -13.64% | May 10, 2021 | 3 | May 12, 2021 | 3 | May 17, 2021 | 6 |
Volatility
Volatility Chart
The current Direxion Daily S&P 500 High Beta Bull 3X Shares volatility is 16.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.