HIBL vs. NVDA

Last updated Jun 9, 2026

HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares) is Leveraged Equities fund tracking the S&P 500 High Beta Index (300%), while NVDA (NVIDIA Corporation) is a stock. Over the past 5 years, HIBL returned 9.19%/yr vs 64.35%/yr for NVDA. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

HIBL vs. NVDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) and NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIBL achieves a 70.47% return, which is significantly higher than NVDA's 11.77% return.

HIBL

• 1D: 5.66%
• 1M: 5.92%
• YTD: 70.47%
• 6M: 66.00%
• 1Y: 220.73%
• 3Y*: 51.97%
• 5Y*: 9.19%
• 10Y*: —

NVDA

• 1D: -0.22%
• 1M: -3.14%
• YTD: 11.77%
• 6M: 12.69%
• 1Y: 46.17%
• 3Y*: 75.23%
• 5Y*: 64.35%
• 10Y*: 68.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HIBL vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares	70.47%	60.38%	-0.40%	81.02%	-68.24%	129.14%	-24.96%	19.23%
NVDA NVIDIA Corporation	11.77%	38.92%	171.25%	239.02%	-50.26%	125.48%	122.30%	13.41%

Correlation

The correlation between HIBL and NVDA is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Nov 7, 2019	0.55

The correlation between HIBL and NVDA shifts across timeframes, from 0.47 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

HIBL vs. NVDA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HIBL

HIBL Risk / Return Rank: 87
HIBL Sharpe Ratio Rank: 94
HIBL Sortino Ratio Rank: 75
HIBL Omega Ratio Rank: 76
HIBL Calmar Ratio Rank: 95
HIBL Martin Ratio Rank: 94

NVDA

NVDA Risk / Return Rank: 77
NVDA Sharpe Ratio Rank: 80
NVDA Sortino Ratio Rank: 76
NVDA Omega Ratio Rank: 73
NVDA Calmar Ratio Rank: 79
NVDA Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HIBL vs. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) and NVIDIA Corporation (NVDA). 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.

	HIBL	NVDA	Difference
Sharpe ratio: Return per unit of total volatility	3.25	1.34	+1.91
Sortino ratio: Return per unit of downside risk	3.02	1.91	+1.12
Omega ratio: Gain probability vs. loss probability	1.40	1.23	+0.17
Calmar ratio: Return relative to maximum drawdown	7.08	2.29	+4.78
Martin ratio: Return relative to average drawdown	25.53	5.56	+19.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIBL vs. NVDA - Sharpe Ratio Comparison

The current HIBL Sharpe Ratio is 3.25, which is higher than the NVDA Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of HIBL and NVDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HIBL	NVDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	1.34	+1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	1.25	-1.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.62	-0.40

Drawdowns

HIBL vs. NVDA - Drawdown Comparison

The maximum HIBL drawdown since its inception was -88.27%, roughly equal to the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for HIBL and NVDA.

Drawdown Indicators

	HIBL	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-88.27%	-89.72%	+1.45%
Max Drawdown (1Y) Largest decline over 1 year	-31.39%	-20.21%	-11.18%
Max Drawdown (3Y) Largest decline over 3 years	-69.66%	-36.88%	-32.78%
Max Drawdown (5Y) Largest decline over 5 years	-81.58%	-66.34%	-15.24%
Max Drawdown (10Y) Largest decline over 10 years	—	-66.34%	—
Current Drawdown Current decline from peak	-15.10%	-11.58%	-3.52%
Average Drawdown Average peak-to-trough decline	-44.14%	-36.19%	-7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.69%	8.33%	+0.36%

Volatility

HIBL vs. NVDA - Volatility Comparison

Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) has a higher volatility of 28.76% compared to NVIDIA Corporation (NVDA) at 13.01%. This indicates that HIBL's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIBL	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.76%	13.01%	+15.75%
Volatility (6M) Calculated over the trailing 6-month period	54.14%	26.36%	+27.78%
Volatility (1Y) Calculated over the trailing 1-year period	68.58%	34.74%	+33.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.57%	51.75%	+30.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.09%	49.85%	+42.24%

Dividends

HIBL vs. NVDA - Dividend Comparison

HIBL's dividend yield for the trailing twelve months is around 1.36%, more than NVDA's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares	1.36%	2.43%	0.82%	0.69%	0.00%	0.06%	0.19%	0.19%	0.00%	0.00%	0.00%	0.00%
NVDA NVIDIA Corporation	0.14%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%

Frequently Asked Questions

Can I hold both HIBL and NVDA in my portfolio?

HIBL and NVDA have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIBL or NVDA?

HIBL has higher volatility (28.76%) compared to NVDA (13.01%). In terms of maximum drawdown, HIBL dropped -88.27% vs NVDA's -89.72%.

Which has better risk-adjusted returns?

HIBL currently has the higher Sharpe Ratio (3.25 vs 1.34), 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.