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Trending ETFs

Direxion Daily S&P 500® High Beta Bear 3X Shares

ETF
HIBS
Payout Change
Suspended
Price as of:
$12.55 -0.3 -2.33%
primary theme
Inverse Equity
HIBS (ETF)

Direxion Daily S&P 500® High Beta Bear 3X Shares

Payout Change
Suspended
Price as of:
$12.55 -0.3 -2.33%
primary theme
Inverse Equity
HIBS (ETF)

Direxion Daily S&P 500® High Beta Bear 3X Shares

Payout Change
Suspended
Price as of:
$12.55 -0.3 -2.33%
primary theme
Inverse Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.55

$37.4 M

0.00%

$0.00

1.01%

Vitals

YTD Return

13.1%

1 yr return

-19.1%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$37.4 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$12.9
$7.09
$15.25

Expenses

OPERATING FEES

Expense Ratio 1.01%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Trading--Inverse Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.55

$37.4 M

0.00%

$0.00

1.01%

HIBS - Profile

Distributions

  • YTD Total Return 51.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.93%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency N/A

Fund Details

  • Legal Name
    Direxion Daily S&P 500® High Beta Bear 3X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Nov 07, 2019
  • Shares Outstanding
    4106828
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index provider selects 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. It is non-diversified.


HIBS - Performance

Return Ranking - Trailing

Period HIBS Return Category Return Low Category Return High Rank in Category (%)
YTD 13.1% -52.2% 628.8% 68.06%
1 Yr -19.1% -91.9% 140.3% 90.71%
3 Yr N/A* -87.9% -2.7% N/A
5 Yr N/A* -73.9% -2.2% N/A
10 Yr N/A* -68.6% -7.9% N/A

* Annualized

Return Ranking - Calendar

Period HIBS Return Category Return Low Category Return High Rank in Category (%)
2021 394.6% -80.9% 713.9% 2.19%
2020 -91.6% -100.0% 724.7% 99.28%
2019 N/A -80.5% 216.6% N/A
2018 N/A -22.1% 1024.3% N/A
2017 N/A -75.7% 177.4% N/A

Total Return Ranking - Trailing

Period HIBS Return Category Return Low Category Return High Rank in Category (%)
YTD 51.9% -75.6% 2047.4% 24.31%
1 Yr -19.1% -91.9% 140.3% 90.71%
3 Yr N/A* -87.9% -2.7% N/A
5 Yr N/A* -73.9% -2.2% N/A
10 Yr N/A* -68.6% -7.9% N/A

* Annualized

Total Return Ranking - Calendar

Period HIBS Return Category Return Low Category Return High Rank in Category (%)
2021 394.6% -80.9% 713.9% 2.19%
2020 -91.6% -100.0% 724.7% 97.10%
2019 N/A -80.5% 216.6% N/A
2018 N/A -22.1% 1024.3% N/A
2017 N/A -75.7% 177.4% N/A

HIBS - Holdings

Concentration Analysis

HIBS Category Low Category High HIBS % Rank
Net Assets 37.4 M 304 K 2.47 B 39.31%
Number of Holdings 5 2 602 85.52%
Net Assets in Top 10 34.2 M -7.43 B 447 M 22.76%
Weighting of Top 10 N/A 7.7% 100.0% 32.91%

Top 10 Holdings

  1. Dreyfus Government Secs Cash Mgmt Admin 78.78%
  2. Goldman Sachs FS Treasury Intms Instl 53.67%
  3. S&P 500 High Beta Index Swap 31.64%
  4. S&P 500 High Beta Index Swap 31.64%
  5. S&P 500 High Beta Index Swap 31.64%
  6. S&P 500 High Beta Index Swap 31.64%
  7. S&P 500 High Beta Index Swap 31.64%
  8. S&P 500 High Beta Index Swap 31.64%
  9. S&P 500 High Beta Index Swap 31.64%
  10. S&P 500 High Beta Index Swap 31.64%

Asset Allocation

Weighting Return Low Return High HIBS % Rank
Cash
123.69% -114.39% 361.39% 44.83%
Preferred Stocks
0.00% 0.00% 0.00% 7.59%
Other
0.00% -207.14% 100.00% 44.83%
Convertible Bonds
0.00% 0.00% 2.47% 22.07%
Bonds
0.00% -95.77% 114.58% 38.62%
Stocks
-23.69% -300.04% 200.58% 62.76%

HIBS - Expenses

Operational Fees

HIBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.01% 0.49% 5.20% 47.18%
Management Fee 0.75% 0.35% 1.50% 10.96%
12b-1 Fee 0.00% 0.00% 1.00% 5.81%
Administrative Fee N/A 0.03% 0.45% N/A

Sales Fees

HIBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

HIBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HIBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 459.00% 5.81%

HIBS - Distributions

Dividend Yield Analysis

HIBS Category Low Category High HIBS % Rank
Dividend Yield 0.00% 0.00% 3.66% 13.70%

Dividend Distribution Analysis

HIBS Category Low Category High Category Mod
Dividend Distribution Frequency Annually Quarterly Annually

Net Income Ratio Analysis

HIBS Category Low Category High HIBS % Rank
Net Income Ratio -0.93% -7.24% 3.75% 25.40%

Capital Gain Distribution Analysis

HIBS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

HIBS - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Nov 07, 2019

2.56

2.6%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Paul Brigandi


Start Date

Tenure

Tenure Rank

Nov 07, 2019

2.56

2.6%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 23.76 9.17 14.22