FIGG vs. HIBL
FIGG (Leverage Shares 2X Long FIG Daily ETF) and HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares) are both Leveraged Equities funds. FIGG is actively managed, while HIBL is passively managed. At a 0.26 correlation, their price movements are largely independent. FIGG charges 0.75%/yr vs 1.12%/yr for HIBL.
Performance
FIGG vs. HIBL - Performance Comparison
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Returns By Period
In the year-to-date period, FIGG achieves a -83.11% return, which is significantly lower than HIBL's 85.77% return.
FIGG
- 1D
- -4.64%
- 1M
- -36.92%
- YTD
- -83.11%
- 6M
- -84.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HIBL
- 1D
- 1.41%
- 1M
- 15.44%
- YTD
- 85.77%
- 6M
- 72.09%
- 1Y
- 211.63%
- 3Y*
- 56.11%
- 5Y*
- 11.63%
- 10Y*
- —
FIGG vs. HIBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FIGG Leverage Shares 2X Long FIG Daily ETF | -83.11% | -68.14% |
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares | 85.77% | 12.62% |
Correlation
The correlation between FIGG and HIBL is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025 | 0.26 |
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Return for Risk
FIGG vs. HIBL — Risk / Return Rank
FIGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HIBL
FIGG vs. HIBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long FIG Daily ETF (FIGG) 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.
| FIGG | HIBL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 6.79 | — |
| Martin ratioReturn relative to average drawdown | — | 23.54 | — |
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Drawdowns
FIGG vs. HIBL - Drawdown Comparison
The maximum FIGG drawdown since its inception was -95.11%, which is greater than HIBL's maximum drawdown of -88.27%. Use the drawdown chart below to compare losses from any high point for FIGG and HIBL.
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Drawdown Indicators
| FIGG | HIBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.11% | -88.27% | -6.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.39% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -69.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -81.58% | — |
Current DrawdownCurrent decline from peak | -94.74% | -10.99% | -83.75% |
Average DrawdownAverage peak-to-trough decline | -78.00% | -43.89% | -34.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.03% | — |
Volatility
FIGG vs. HIBL - Volatility Comparison
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Volatility by Period
| FIGG | HIBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 36.70% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 59.38% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 143.49% | 73.12% | +70.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.49% | 83.28% | +60.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.49% | 92.41% | +51.08% |
FIGG vs. HIBL - Expense Ratio Comparison
FIGG has a 0.75% expense ratio, which is lower than HIBL's 1.12% expense ratio.
Dividends
FIGG vs. HIBL - Dividend Comparison
FIGG has not paid dividends to shareholders, while HIBL's dividend yield for the trailing twelve months is around 1.22%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FIGG Leverage Shares 2X Long FIG Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares | 1.22% | 2.43% | 0.82% | 0.69% | 0.00% | 0.06% | 0.19% | 0.19% |
Frequently Asked Questions
FIGG and HIBL have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FIGG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FIGG is cheaper with a 0.75% expense ratio, compared with 1.12% for HIBL.
HIBL has the higher dividend yield at 1.22%, compared with 0.00% for FIGG.
They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for FIGG and 1.12% for HIBL.
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