Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) Alternatives
Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HIBS. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to HIBS
HIBS charges 1.06% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among HIBS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | HIBS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | HIBS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | HIBS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | HIBS vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | HIBS vs SH |
Best Risk-Adjusted Alternatives to HIBS
Among ETFs in the Inverse Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 22 | Sep 17, 2024 | HIBS vs MSTZ | |
| AdvisorShares Ranger Equity Bear ETF | 16 | Jan 26, 2011 | HIBS vs HDGE | |
| ProShares Short Financials | 14 | Jun 12, 2008 | HIBS vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 13 | Sep 6, 2022 | HIBS vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | HIBS vs YXI |
Top Performing HIBS Alternatives (YTD)
HIBS alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Direxion Daily MSFT Bear 1X Shares | 29.13% | Sep 6, 2022 | HIBS vs MSFD | |
| AXS TSLA Bear Daily ETF | 28.41% | Jul 13, 2022 | HIBS vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 28.07% | Aug 21, 2023 | HIBS vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 26.84% | Oct 18, 2023 | HIBS vs TSLZ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | 26.36% | Jun 22, 2022 | HIBS vs FLYD |
Lowest Volatility Alternatives to HIBS
HIBS alternatives from the Inverse Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | 14.59% | Jul 31, 2017 | HIBS vs SHRT | |
| ProShares Short Dow30 | 16.80% | Jun 19, 2006 | HIBS vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.32% | Aug 14, 2024 | HIBS vs YQQQ | |
| ProShares Short S&P500 | 18.18% | Jun 19, 2006 | HIBS vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 18.52% | Jun 8, 2016 | HIBS vs SPDN |
Lowest Drawdown Alternatives to HIBS
HIBS alternatives from the Inverse Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | -17.65% | Jul 31, 2017 | HIBS vs SHRT | |
| AdvisorShares Ranger Equity Bear ETF | -19.63% | Jan 26, 2011 | HIBS vs HDGE | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | HIBS vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | HIBS vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | HIBS vs ZIVB |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With HIBS
What investors most often compare with HIBS, based on PortfoliosLab usage data.
Compare HIBS with Any Fund or Stock
Compare HIBS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.