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

HIBS
ETF · Currency in USD
ISIN
US25460E3311
CUSIP
25460E331
Issuer
Direxion
Inception Date
Nov 7, 2019
Category
Leveraged Equities
Leveraged
3x
Expense Ratio
1.07%
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

HIBSPrice Chart


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HIBSPerformance

The chart shows the growth of $10,000 invested in Direxion Daily S&P 500 High Beta Bear 3X Shares on Nov 8, 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $189 for a total return of roughly -98.11%. All prices are adjusted for splits and dividends.


HIBS (Direxion Daily S&P 500 High Beta Bear 3X Shares)
Benchmark (S&P 500)

HIBSReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M-23.13%
6M-39.43%
YTD-72.04%
1Y-90.25%
5Y-86.83%
10Y-86.83%

HIBSMonthly Returns Heatmap


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HIBSSharpe 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 Bear 3X Shares Sharpe ratio is -1.06. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


HIBS (Direxion Daily S&P 500 High Beta Bear 3X Shares)
Benchmark (S&P 500)

HIBSDividends

Direxion Daily S&P 500 High Beta Bear 3X Shares granted a 0.00% dividend yield in the last twelve months, as of Oct 23, 2021. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20202019
Dividend$0.00$0.30$0.52

Dividend yield

0.00%0.90%0.13%

HIBSDrawdowns Chart

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


HIBS (Direxion Daily S&P 500 High Beta Bear 3X Shares)
Benchmark (S&P 500)

HIBSWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily S&P 500 High Beta Bear 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 Bear 3X Shares is 99.27%, recorded on Oct 22, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.27%Mar 19, 2020404Oct 22, 2021
-30.45%Dec 4, 201948Feb 12, 20208Feb 25, 202056
-24.59%Mar 13, 20201Mar 13, 20203Mar 18, 20204
-18.69%Mar 10, 20201Mar 10, 20202Mar 12, 20203
-10.01%Mar 2, 20201Mar 2, 20203Mar 5, 20204
-7.21%Nov 22, 20194Nov 27, 20193Dec 3, 20197
-3.21%Nov 8, 20196Nov 15, 20193Nov 20, 20199
-0.69%Feb 26, 20201Feb 26, 20201Feb 27, 20202

HIBSVolatility Chart

Current Direxion Daily S&P 500 High Beta Bear 3X Shares volatility is 27.01%. 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.


HIBS (Direxion Daily S&P 500 High Beta Bear 3X Shares)
Benchmark (S&P 500)

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