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Direxion Daily S&P 500 High Beta Bull 3X Shares

HIBL
ETF · Currency in USD
ISIN
US25460E3493
CUSIP
25460E349
Issuer
Direxion
Inception Date
Nov 7, 2019
Region
North America (U.S.)
Category
Leveraged Equities
Leveraged
3x
Expense Ratio
1.12%
Index Tracked
S&P 500 High Beta Index (300%)
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

HIBLPrice Chart


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HIBLPerformance

The chart shows the growth of $10,000 invested in Direxion Daily S&P 500 High Beta Bull 3X Shares on Nov 8, 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $20,664 for a total return of roughly 106.64%. All prices are adjusted for splits and dividends.


HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares)
Benchmark (S&P 500)

HIBLReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M25.78%
6M31.21%
YTD126.74%
1Y362.12%
5Y44.92%
10Y44.92%

HIBLMonthly Returns Heatmap


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HIBLSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily S&P 500 High Beta Bull 3X Shares Sharpe ratio is 3.78. A Sharpe ratio of 3.0 or higher is considered excellent.

The chart below displays rolling 12-month Sharpe Ratio.


HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares)
Benchmark (S&P 500)

HIBLDividends

Direxion Daily S&P 500 High Beta Bull 3X Shares granted a 0.06% dividend yield in the last twelve months, as of Oct 23, 2021. The annual payout for that period amounted to $0.04 per share.


PeriodTTM20202019
Dividend$0.04$0.06$0.08

Dividend yield

0.06%0.19%0.19%

HIBLDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares)
Benchmark (S&P 500)

HIBLWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily S&P 500 High Beta Bull 3X Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily S&P 500 High Beta Bull 3X Shares is 88.27%, recorded on Apr 3, 2020. It took 221 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-88.27%Jan 21, 202053Apr 3, 2020221Feb 19, 2021274
-35.61%Jun 3, 202132Jul 19, 2021
-22.11%Mar 16, 20216Mar 23, 202125Apr 28, 202131
-13.64%May 10, 20213May 12, 20213May 17, 20216
-11.86%Feb 25, 20212Feb 26, 20216Mar 8, 20218
-9.96%Nov 29, 20193Dec 3, 20197Dec 12, 201910
-7.9%May 18, 20213May 20, 20215May 27, 20218
-4.36%Nov 18, 20194Nov 21, 20192Nov 25, 20196
-3.46%Apr 30, 20211Apr 30, 20211May 3, 20212
-3.45%Jan 3, 20201Jan 3, 20204Jan 9, 20205

HIBLVolatility Chart

Current Direxion Daily S&P 500 High Beta Bull 3X Shares volatility is 26.34%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares)
Benchmark (S&P 500)

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