EFIV vs. HIBL
EFIV (State Street SPDR S&P 500 ESG ETF) and HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares) are both exchange-traded funds - EFIV is a S&P 500 fund tracking the S&P 500 Scored & Screened Index, while HIBL is a Leveraged Equities fund tracking the S&P 500 High Beta Index (300%). Both are passively managed. Over the past 5 years, EFIV returned 13.87%/yr vs 11.69%/yr for HIBL. Their correlation of 0.82 means they have usually moved in the same direction. EFIV charges 0.10%/yr vs 1.12%/yr for HIBL.
Performance
EFIV vs. HIBL - Performance Comparison
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Returns By Period
In the year-to-date period, EFIV achieves a 12.21% return, which is significantly lower than HIBL's 51.75% return.
EFIV
- 1D
- 1.57%
- 1M
- 2.07%
- 6M
- 9.54%
- YTD
- 12.21%
- 1Y
- 25.97%
- 3Y*
- 20.83%
- 5Y*
- 13.87%
- 10Y*
- —
- ALL TIME*
- 17.62%
HIBL
- 1D
- 7.65%
- 1M
- -11.68%
- 6M
- 34.09%
- YTD
- 51.75%
- 1Y
- 117.87%
- 3Y*
- 40.02%
- 5Y*
- 11.69%
- 10Y*
- —
- ALL TIME*
- 16.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.64M | $6.45M | $3.68M | |
| $5.60M | $5.92M | $6.50M |
EFIV vs. HIBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EFIV State Street SPDR S&P 500 ESG ETF | 12.21% | 18.47% | 23.80% | 27.92% | -17.76% | 31.70% | 16.38% |
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares | 51.75% | 60.38% | -0.40% | 81.02% | -68.24% | 129.14% | 132.22% |
Correlation
The correlation between EFIV and HIBL is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2020 | 0.82 |
The correlation between EFIV and HIBL has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.
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Return for Risk
EFIV vs. HIBL — Risk / Return Rank
EFIV
HIBL
EFIV vs. HIBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P 500 ESG ETF (EFIV) and Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EFIV | HIBL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 2.95 | -0.19 |
| Martin ratioReturn relative to average drawdown | 12.05 | 10.01 | +2.04 |
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Drawdowns
EFIV vs. HIBL - Drawdown Comparison
The maximum EFIV drawdown since its inception was -24.52%, smaller than the maximum HIBL drawdown of -88.27%. Use the drawdown chart below to compare losses from any high point for EFIV and HIBL.
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Drawdown Indicators
| EFIV | HIBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.52% | -88.27% | +63.75% |
Max Drawdown (1Y)Largest decline over 1 year | -9.44% | -40.14% | +30.70% |
Max Drawdown (3Y)Largest decline over 3 years | -19.23% | -69.66% | +50.43% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -81.58% | +57.06% |
Current DrawdownCurrent decline from peak | 0.00% | -27.29% | +27.29% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -43.54% | +38.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 11.82% | -9.66% |
Volatility
EFIV vs. HIBL - Volatility Comparison
The current volatility for State Street SPDR S&P 500 ESG ETF (EFIV) is 4.11%, while Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) has a volatility of 29.17%. This indicates that EFIV experiences smaller price fluctuations and is considered to be less risky than HIBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EFIV | HIBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 29.17% | -25.06% |
Volatility (6M)Calculated over the trailing 6-month period | 10.54% | 65.64% | -55.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.97% | 79.06% | -66.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 83.80% | -66.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.81% | 92.56% | -75.75% |
EFIV vs. HIBL - Expense Ratio Comparison
EFIV has a 0.10% expense ratio, which is lower than HIBL's 1.12% expense ratio.
Dividends
EFIV vs. HIBL - Dividend Comparison
EFIV's dividend yield for the trailing twelve months is around 0.95%, less than HIBL's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EFIV State Street SPDR S&P 500 ESG ETF | 0.95% | 1.03% | 1.20% | 1.37% | 1.64% | 1.19% | 0.65% | 0.00% |
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares | 1.49% | 2.43% | 0.82% | 0.69% | 0.00% | 0.06% | 0.19% | 0.19% |
Frequently Asked Questions
EFIV and HIBL have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIBL has higher volatility (29.17%) compared to EFIV (4.11%). In terms of maximum drawdown, EFIV dropped -24.52% vs HIBL's -88.27%.
On 5-year performance, EFIV leads with 13.87% vs 11.69% for HIBL. On fees, EFIV is cheaper at 0.10% per year. On volatility, EFIV has been the lower-risk option at 4.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EFIV has performed better with a 13.87% return vs 11.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EFIV is cheaper with a 0.10% expense ratio, compared with 1.12% for HIBL.
HIBL has the higher dividend yield at 1.49%, compared with 0.95% for EFIV.
EFIV is categorized as S&P 500, while HIBL is Leveraged Equities. EFIV tracks S&P 500 Scored & Screened Index, while HIBL tracks S&P 500 High Beta Index (300%). They also come from different issuers: State Street and Direxion. Their fees differ too: 0.10% for EFIV and 1.12% for HIBL.
EFIV currently has the higher Sharpe Ratio (2.01 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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