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 a closer substitute for your current allocation.
Cheapest Alternatives to HIBS
HIBS charges 1.06% annually. There are 52 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 230.47M | Jun 2016 | HIBS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | HIBS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | HIBS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | HIBS vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | HIBS vs SKRE |
Best Risk-Adjusted Alternatives to HIBS
HIBS has a PortfoliosLab risk / return rank of 2. There are 47 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 61 | 97.46M | Sep 2024 | HIBS vs MSTZ | |
| Direxion Daily NFLX Bear 1X Shares | 58 | 4.71M | Oct 2024 | HIBS vs NFXS | |
| Defiance Daily Target 2X Short MSTR ETF | 52 | 28.39M | Aug 2024 | HIBS vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 45 | 36.86M | Jul 2024 | HIBS vs FIAT | |
| Direxion Daily META Bear 1X ETF | 32 | 11.16M | Jun 2024 | HIBS vs METD |
Top Performing HIBS Alternatives (YTD)
HIBS is at -53.83% YTD. There are 65 ETFs in the Inverse Equities category with higher YTD returns, going as high as 49.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 49.23% | 110.91M | Jul 2022 | HIBS vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 47.87% | 33.39M | Aug 2023 | HIBS vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 45.39% | 34.80M | Oct 2023 | HIBS vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 33.30% | 81.35M | Aug 2022 | HIBS vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 26.78% | 40.54M | Dec 2024 | HIBS vs PLTD |
Lowest Volatility Alternatives to HIBS
HIBS has 80.06% 1-year volatility. There are 57 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.25% | 2.34M | Dec 2024 | HIBS vs BRKD | |
| ProShares Short Dow30 | 12.59% | 100.13M | Jun 2006 | HIBS vs DOG | |
| ProShares Short S&P500 | 12.81% | 927.71M | Jun 2006 | HIBS vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.98% | 230.47M | Jun 2016 | HIBS vs SPDN | |
| Gotham Short Strategies ETF | 14.17% | 12.30M | Jul 2017 | HIBS vs SHRT |
Lowest Drawdown Alternatives to HIBS
HIBS has a 1-year max drawdown of -79.06%. There are 58 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | HIBS vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | HIBS vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | HIBS vs EMTY | |
| ProShares Short Dow30 | -15.02% | 100.13M | Jun 2006 | HIBS vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | HIBS vs SPDN |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $20B.
Often Compared With HIBS
Investors most often compare HIBS with HIBL, LABD, SZK. These 19 comparison targets span 9 categories, 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.
Pair HIBS with funds that move differently
Direxion Daily S&P 500 High Beta Bear 3X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HIBS.
Explore HIBS Diversifiers