HIBS
-2.84 · -38.65%
$4.51 · NYSE ARCA

Direxion Daily S&P 500® High Beta Bear 3X Shares (HIBS) ETF Analysis | Trading--Inverse Equity

Direxion Funds · USA
AUM:$21.4M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 78.3% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 1.09% — above average for this category.

What is HIBS?

The fund invests at least 80% of its net assets in financial instruments that, in combination, provide 3X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund"s investment objective. High Beta securities are defined by the index provider as the 100 securities from the S&P 500 ® Index that have exhibited the highest sensitivity to market movements, or "beta," over the past 12 months based on the securities" daily price changes.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
HIBS returned -78.3% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.09% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 137.7% of the ETF — significant weight in a small number of names.
ETF Information
AUM$21.4M
Expense Ratio1.09%
Dividend Yield9.43%
Holdings2
Inception DateNov 2019
Domicile
Distribution
Index
ProviderDirexion Funds
Beta-4.34
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

How would HIBS affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-52.7%
1Y
-72.1%
3Y
-94.2%
5Y
-97.9%
OpenBook InsightIf you had invested £10,000 in HIBS 5 years ago, it would have fallen to £208 — a loss of £9,792.

Annual Returns

Calendar year performance

HIBS delivered positive returns in 0 of the last 5 calendar years.
YearHIBS
2026 YTD-58.6%
2025-72.5%
2024-30.0%
2023-63.3%
2022-3.6%
CAGR 4yr-48.9%
0/5 positive yearsAvg return: -45.6%Worst year: -72.5% (2025)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
92.7%
Very High
Momentum
-15.1%
30-day change
Support Level
17.67
Key floor
Key Insights
  • Momentum is downward with a 15.1% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.