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 45 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% | 221.57M | Jun 2016 | HIBS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | HIBS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | HIBS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | HIBS vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | HIBS vs SH |
Best Risk-Adjusted Alternatives to HIBS
HIBS has a PortfoliosLab risk / return rank of 0. There are 55 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 48.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 48 | 4.56M | Oct 2024 | HIBS vs NFXS | |
| -1x Short VIX Futures ETF | 34 | 215.09M | Mar 2022 | HIBS vs SVIX | |
| Direxion Daily MSFT Bear 1X Shares | 30 | 8.89M | Sep 2022 | HIBS vs MSFD | |
| T-REX 2X Inverse MSTR Daily Target ETF | 30 | 92.68M | Sep 2024 | HIBS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 27 | 33.15M | Aug 2024 | HIBS vs SMST |
Top Performing HIBS Alternatives (YTD)
HIBS is at -65.32% YTD. There are 65 ETFs in the Inverse Equities category with higher YTD returns, going as high as 42.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 42.40% | 16.93M | Jun 2025 | HIBS vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 33.88% | 40.54M | Dec 2024 | HIBS vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 28.14% | 8.89M | Sep 2022 | HIBS vs MSFD | |
| Direxion Daily NFLX Bear 1X Shares | 24.10% | 4.56M | Oct 2024 | HIBS vs NFXS | |
| ProShares Short FTSE China 50 | 14.28% | 4.77M | Mar 2010 | HIBS vs YXI |
Lowest Volatility Alternatives to HIBS
HIBS has 73.19% 1-year volatility. There are 53 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short S&P500 | 12.40% | 1.09B | Jun 2006 | HIBS vs SH | |
| ProShares Short Dow30 | 12.47% | 112.04M | Jun 2006 | HIBS vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | HIBS vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 13.04% | 2.34M | Dec 2024 | HIBS vs BRKD | |
| Gotham Short Strategies ETF | 13.47% | 12.30M | Jul 2017 | HIBS vs SHRT |
Lowest Drawdown Alternatives to HIBS
HIBS has a 1-year max drawdown of -83.48%. There are 53 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 Financials | -11.14% | 14.07M | Jun 2008 | HIBS vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | HIBS vs HDGE | |
| ProShares Short FTSE China 50 | -13.05% | 4.77M | Mar 2010 | HIBS vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | HIBS vs EMTY |
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 $28B.
Often Compared With HIBS
Investors most often compare HIBS with HIBL, SZK, LABD. These 20 comparison targets span 7 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