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

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Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is up 108.7% since the beginning of the year. HIBL is currently trading at $137 per share. Investors who bought $1,000 worth of HIBL shares 5 years ago would now be looking at an investment worth $2,061.

Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) has returned 108.71% so far this year and 283.13% over the past 12 months.

Based on dividend-adjusted daily data since Nov 7, 2019, HIBL's average daily return is +0.25%, while the average monthly return is +5.06%. At this rate, an investment would double in approximately 1.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +85.9%, while the worst month was Mar 2020 at -74.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HIBL closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +43.2%, while the worst single day was Mar 12, 2020 at -32.9%.

Direxion Daily S&P 500 High Beta Bull 3X Shares has an annualized alpha of 6.07%, beta of 3.71, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since November 07, 2019.

• This ETF captured 759.61% of S&P 500 Index gains and 238.07% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This ETF generated an annualized alpha of 6.07% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 3.71 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.

HIBL has a high expense ratio of 1.12%, indicating above-average management fees.

HIBL ranks 89 for risk / return — in the top 89% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Direxion Daily S&P 500 High Beta Bull 3X Shares provided a 1.11% dividend yield over the last twelve months, with an annual payout of $1.52 per share. The fund has been increasing its distributions for 2 consecutive years.

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.

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.

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 chart below shows the rolling one-month volatility.