Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) Performance
HIBL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +18.9% since Dec 31, 2025
- 1 year
- +25.3% total return
- 5 years
- +2.0% a year
- Since first price
- +12.6% a year since 2019
HIBL trailing returns vs SPY, QQQ, AGG
| Period | HIBL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −30.5% | −30.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −21.7% | −21.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.4% | −11.4% | +7.8% | +8.4% | −1.5% |
| YTD | +18.9% | +18.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +25.3% | +22.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +257.3%+52.9%/yr | +244.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +10.3%+2.0%/yr | +5.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 7, 2019 | +128.0%+12.6%/yr | +115.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HIBL vs SPY
From Nov 7, 2019: HIBL grew to $22,801, SPY to $27,254.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HIBL returns by calendar year
3 of 6 full years positive. Best 2021 (+129.1%), worst 2022 (−68.2%). 2026 is year to date.
HIBL annual returns table
| Year | HIBL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +18.9% | −43.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +60.4% | −69.0% | +17.7% | +20.8% | +7.2% |
| 2024 | −0.4% | −38.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +81.0% | −54.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −68.2% | −76.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +129.1% | −35.6% | +28.7% | +27.4% | −1.8% |
| 2020 | −25.0% | −88.3% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HIBL largest drawdowns
Now 43.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −88.3% | Apr 3, 2020 | Feb 19, 2021 | 3 months | 1.1 years |
| Nov 8, 2021 | −81.6% | Apr 8, 2025 | Apr 17, 2026 | 3.4 years | 4.4 years |
| Jun 22, 2026 | −43.0% | Oct 23, 2026 | not yet | 4 months | 4 months so far |
| Jun 2, 2021 | −35.6% | Jul 19, 2021 | Nov 1, 2021 | 47 days | 5 months |
| Jun 2, 2026 | −26.2% | Jun 10, 2026 | Jun 22, 2026 | 8 days | 20 days |
| Mar 15, 2021 | −22.1% | Mar 23, 2021 | Apr 28, 2021 | 8 days | 44 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
HIBL risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +59.7% | +13.4% | +18.0% |
| Volatility (annualized) | 71.1% | 78.2% | 88.0% |
| Sharpe ratio | 0.94 | 0.49 | 0.61 |
| Sortino ratio | 1.79 | 0.83 | 1.07 |
| Best month | +52.5% | +52.5% | +85.9% |
| Worst month | −29.7% | −40.2% | −74.5% |
| Best 12 months | +297.3% | +297.3% | +715.6% |
| Worst 12 months | −45.4% | −68.2% | −68.2% |
| Positive months | 67% | 57% | 59% |
| Beta vs S&P 500 | 4.98 | 4.41 | — |
| Correlation with S&P 500 | 0.87 | 0.88 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HIBL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 72 | −68.2% | +24.2% | +715.6% | 67% |
| 3-year (a year) | 48 | −23.9% | +12.6% | +66.0% | 60% |
| 5-year (a year) | 24 | −0.3% | +13.8% | +36.2% | 96% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
HIBL performance overview
Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) returned +25.3% over the past year and +2.0% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +12.6% a year, turning $10,000 into about $22,801. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −88.3%, from Jan 17, 2020 to Apr 3, 2020, and it took 11 months to get back to the old high. HIBL finished 3 of its 6 full calendar years with a gain; the best year was 2021 (+129.1%) and the worst 2022 (−68.2%). Volatility has been 88.0% a year.
Related: HIBL chart, HIBL dividends. See the HIBL overview for the latest quote and fund facts.
HIBL performance FAQ
What is the HIBL return over the past year?
HIBL returned +25.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 22.7%.
What is the average annual return of HIBL?
HIBL has returned +2.0% a year over 5 years, +12.6% a year since November 7, 2019 (total return, distributions reinvested).
How much would $10,000 invested in HIBL be worth?
$10,000 invested in HIBL at its first recorded close on November 7, 2019 would be worth about $22,801 on October 23, 2026 with distributions reinvested.
What was the worst year for HIBL?
The worst calendar year was 2022, with a total return of −68.2%. The best was 2021 at +129.1%.
What is the biggest drawdown of HIBL?
The largest peak-to-trough decline was −88.3% between January 17, 2020 and April 3, 2020. It recovered to the old high on February 19, 2021, 11 months after the bottom.
How volatile is HIBL?
Over the past 3 years HIBL had an annualized volatility of 71.1% and a Sharpe ratio of 0.94 (excess return over 1–3 month T-bills per unit of risk).