HIBL — Direxion Daily S&P 500 High Beta Bull 3X Shares
Direxion Daily S&P 500 High Beta Bull 3X Shares (ticker: HIBL) is a equity ETF issued by Rafferty Asset Management tracking S&P 500 High Beta Index (300%). It was launched on 2019-11-07.
About HIBL
The Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500 High Beta Index. The fund invests in financial instruments, primarily swap agreements, to achieve its leveraged objective. This ETF is designed for investors who seek magnified exposure to the daily performance of high-beta large-cap U.S. equities. It is intended for short-term use and requires active monitoring due to its daily leverage reset.
- Tracks the S&P 500 High Beta Index at 300% leverage.
- Holds 107 positions, primarily S&P 500 High Beta Index Swaps.
- Provides leveraged exposure to U.S. large-cap high-beta equities.
- Expense ratio of 0.98%.
- Suitable for short-term tactical trading strategies.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 5.66% |
| 1 Week | -10.45% |
| 1 Month | 5.92% |
| 3 Months | 72.90% |
| 6 Months | 62.62% |
| YTD | 70.47% |
| 1 Year | 214.21% |
| 3 Years | 245.00% |
| 5 Years | 46.33% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 2 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 3 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 4 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 5 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 6 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 7 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 8 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 9 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 10 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Technical |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. - Large Cap |
| Region | North America |
| Index Tracked | S&P 500 High Beta Index (300%) |
| Inception Date | 2019-11-07 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | HIBL |
|---|---|
| Full Name | Direxion Daily S&P 500 High Beta Bull 3X Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $91.54M |
| Inception | 2019-11-07 |
| Index Tracked | S&P 500 High Beta Index (300%) |
Frequently Asked Questions
What does HIBL track?
HIBL (Direxion Daily S&P 500 High Beta Bull 3X Shares) tracks S&P 500 High Beta Index (300%), a equity benchmark.
What is the expense ratio of HIBL?
HIBL has an expense ratio of 0.01% per year.
What is the AUM of HIBL?
HIBL has approximately $91.54M in assets under management.
Does HIBL pay a dividend?
HIBL distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues HIBL?
HIBL is issued by Rafferty Asset Management under the Direxion brand, launched on 2019-11-07.
Open the interactive HIBL dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.