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

NYSE Arca: HIBSExchange-traded fund from Direxion Funds.

  • Expense ratio1.12%
  • Net assets$29.6M
  • Dividend yield7.92%
  • 1-year return-62.00%
  • Holdings2

HIBS ETF price chart

HIBS quote & trading statistics

  • YTD-55.86%
  • 1 year-62.00%
  • 3 years-61.50%/yr
  • 5 years-53.04%/yr
  • 10 years0.00%/yr
1Y volatility
60.41%
3Y volatility
65.55%
3Y Sharpe ratio
-1.38

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

HIBS top 2 holdings

Direxion Daily S&P 500 High Beta Bear 3X Shares largest holdings by weight
#SymbolNameWeight
1DAPXXDreyfus Government Securities Cash Management Administrative Shares95.23%
2FTIXXGoldman Sachs Financial Square Treasury Instruments Fund Institutional Shares42.61%

The top 2 holdings make up 137.8% of the fund (2 holdings in total). As of October 25, 2026.

HIBS asset allocation

Cash
100.0%

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

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. It is non-diversified.

HIBS ETF FAQ

What is the HIBS expense ratio?

Direxion Daily S&P 500 High Beta Bear 3X Shares has a net expense ratio of 1.12%, or $112.00 a year for every $10,000 invested.

How much money is in HIBS?

Direxion Daily S&P 500 High Beta Bear 3X Shares has about $29.6M in net assets.

What are the top holdings of HIBS?

The largest positions in HIBS are Dreyfus Government Securities Cash Management Administrative Shares (95.23%), Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares (42.61%). The fund holds 2 securities in total.

How has HIBS performed?

HIBS returned -62.00% over the past year and -53.04% a year over the past five years, including reinvested distributions.

Does HIBS pay dividends?

HIBS has a dividend yield of 7.92%.

When was HIBS launched?

Direxion Daily S&P 500 High Beta Bear 3X Shares began trading on November 7, 2019.