Direxion FundsInverse EquityHIBS · NYSE Arca

Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS)

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Price: $20.66; —12 Nov 2026
Assets: $21.3M; Total net assets
Expense ratio: 1.06%; Category 0.00%
Yield: 7.56%; Trailing distributions

1Y return: -61.8%-32.8%; Category -29.0%
3Y CAGR: -63.9%-28.1%; Category -35.8%
5Y CAGR: -50.4%-26.7%; Category -23.7%

$20.66—12 Nov 2026

Fund

Assets: $21.3M
Expense: 1.06%
Categ. exp: 0.00%
Yield: 7.56%

ReturnFundCateg.

1Y-61.8%-29.0%

3Y-63.9%-35.8%

5Y-50.4%-23.7%

Launch-66.3%—

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Direxion Daily S&P 500 High Beta Bear 3X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+20.0%	+17.6%	-17.8%	-57.7%	-61.8%	-63.9%	-50.4%	—	-66.3%
Inverse Equity average	11.5%	8.2%	-9.1%	-31.0%	-29.0%	-35.8%	-23.7%	-29.3%	-37.1%
Difference	+8.5%	+9.4%	-8.8%	-26.7%	-32.8%	-28.1%	-26.7%	—	-29.1%

Holdings

Allocation as last published by the fund.

Asset mix

What the fund is invested in.

Cash88.5%
Stocks11.5%

ETF details

Issuer: Direxion Funds
Category: Equity · Inverse Equity
Ticker: HIBS
Exchange: NYSE Arca
Inception: 7 Nov 2019 (7.0 years)
Structure: Exchange Traded Fund
Expense ratio: 1.06% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 7.56%
Beta, 3 years: -4.01
Total net assets: $21.3M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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