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HIBS vs. SZK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HIBS and SZK is -0.85. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.8

Performance

HIBS vs. SZK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) and ProShares UltraShort Consumer Goods (SZK). The values are adjusted to include any dividend payments, if applicable.

-100.00%-95.00%-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%NovemberDecember2025FebruaryMarchApril
-99.57%
-72.64%
HIBS
SZK

Key characteristics

Sharpe Ratio

HIBS:

-0.31

SZK:

-0.45

Sortino Ratio

HIBS:

0.17

SZK:

-0.50

Omega Ratio

HIBS:

1.02

SZK:

0.94

Calmar Ratio

HIBS:

-0.29

SZK:

-0.12

Martin Ratio

HIBS:

-0.94

SZK:

-1.15

Ulcer Index

HIBS:

30.44%

SZK:

10.38%

Daily Std Dev

HIBS:

92.22%

SZK:

26.27%

Max Drawdown

HIBS:

-99.87%

SZK:

-99.40%

Current Drawdown

HIBS:

-99.84%

SZK:

-99.24%

Returns By Period

In the year-to-date period, HIBS achieves a 1.34% return, which is significantly higher than SZK's -6.78% return.


HIBS

YTD

1.34%

1M

-6.75%

6M

0.67%

1Y

-23.99%

5Y*

-65.57%

10Y*

N/A

SZK

YTD

-6.78%

1M

-6.63%

6M

1.19%

1Y

-9.86%

5Y*

-21.38%

10Y*

-20.04%

*Annualized

Compare stocks, funds, or ETFs

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HIBS vs. SZK - Expense Ratio Comparison

HIBS has a 1.07% expense ratio, which is higher than SZK's 0.95% expense ratio.


Expense ratio chart for HIBS: current value is 1.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HIBS: 1.07%
Expense ratio chart for SZK: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SZK: 0.95%

Risk-Adjusted Performance

HIBS vs. SZK — Risk-Adjusted Performance Rank

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

HIBS
The Risk-Adjusted Performance Rank of HIBS is 1414
Overall Rank
The Sharpe Ratio Rank of HIBS is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of HIBS is 2424
Sortino Ratio Rank
The Omega Ratio Rank of HIBS is 2424
Omega Ratio Rank
The Calmar Ratio Rank of HIBS is 77
Calmar Ratio Rank
The Martin Ratio Rank of HIBS is 77
Martin Ratio Rank

SZK
The Risk-Adjusted Performance Rank of SZK is 77
Overall Rank
The Sharpe Ratio Rank of SZK is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of SZK is 66
Sortino Ratio Rank
The Omega Ratio Rank of SZK is 77
Omega Ratio Rank
The Calmar Ratio Rank of SZK is 1414
Calmar Ratio Rank
The Martin Ratio Rank of SZK is 55
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HIBS vs. SZK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) and ProShares UltraShort Consumer Goods (SZK). 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.


The chart of Sharpe ratio for HIBS, currently valued at -0.31, compared to the broader market-1.000.001.002.003.004.00
HIBS: -0.31
SZK: -0.45
The chart of Sortino ratio for HIBS, currently valued at 0.17, compared to the broader market-2.000.002.004.006.008.00
HIBS: 0.17
SZK: -0.50
The chart of Omega ratio for HIBS, currently valued at 1.02, compared to the broader market0.501.001.502.002.50
HIBS: 1.02
SZK: 0.94
The chart of Calmar ratio for HIBS, currently valued at -0.29, compared to the broader market0.002.004.006.008.0010.0012.00
HIBS: -0.29
SZK: -0.14
The chart of Martin ratio for HIBS, currently valued at -0.94, compared to the broader market0.0020.0040.0060.00
HIBS: -0.94
SZK: -1.15

The current HIBS Sharpe Ratio is -0.31, which is higher than the SZK Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of HIBS and SZK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50NovemberDecember2025FebruaryMarchApril
-0.31
-0.45
HIBS
SZK

Dividends

HIBS vs. SZK - Dividend Comparison

HIBS's dividend yield for the trailing twelve months is around 4.96%, less than SZK's 5.57% yield.


TTM2024202320222021202020192018
HIBS
Direxion Daily S&P 500 High Beta Bear 3X Shares
4.96%5.34%6.52%0.04%0.00%0.90%0.13%0.00%
SZK
ProShares UltraShort Consumer Goods
5.57%5.70%4.03%0.56%0.00%0.18%1.69%0.50%

Drawdowns

HIBS vs. SZK - Drawdown Comparison

The maximum HIBS drawdown since its inception was -99.87%, roughly equal to the maximum SZK drawdown of -99.40%. Use the drawdown chart below to compare losses from any high point for HIBS and SZK. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%-80.00%NovemberDecember2025FebruaryMarchApril
-99.84%
-82.09%
HIBS
SZK

Volatility

HIBS vs. SZK - Volatility Comparison

Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) has a higher volatility of 72.10% compared to ProShares UltraShort Consumer Goods (SZK) at 15.54%. This indicates that HIBS's price experiences larger fluctuations and is considered to be riskier than SZK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
72.10%
15.54%
HIBS
SZK