HIBL
NAV (Net Asset Value)$45.79As of Mar 08, 2024
1 Day NAV change$-0.74(-1.59%)As of Mar 08, 2024
HIBS
NAV (Net Asset Value)$24.15As of Mar 08, 2024
1 Day NAV change$+0.39(+1.65%)As of Mar 08, 2024
HIBLDirexion Daily S&P 500® High Beta Bull 3X Shares
Daily Target
+300%
Inception Date
Nov 07, 2019
Operational Updates
- 08/04/2023
Direxion Announces Reverse Split of HIBS
Read the Article - 01/23/2024
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Documents & Downloads
- HIBL HIBS Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- HIBL Prospectus
- HIBS Prospectus
- Daily Fund Holdings (csv)
These leveraged ETFs seek a return that is 300% or -300% the return of its benchmark indexfor a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark’s cumulative return for periods greater than a day.
Pricing & Performance
NAV and Market Price information as of 03/08/2024.
HIBL
Direxion Daily S&P 500® High Beta Bull 3X Shares
Net Asset Value (NAV)
$45.79Nav
$-0.74Change
-1.59%Change
Market Price Closing
$45.84Market
$-0.62Change
-1.33%Change
Premium / Discount
$+0.05Change from Last Day Trading
Premium/Discount tool
HIBS
Direxion Daily S&P 500® High Beta Bear 3X Shares
Net Asset Value (NAV)
$24.15Nav
$+0.39Change
+1.65%Change
Market Price Closing
$24.14Market
$+0.32Change
+1.34%Change
Premium / Discount
$-0.01Change from Last Day Trading
Premium/Discount tool
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| 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|
| HIBL NAV | 1M 13.92 | 3M 45.41 | YTD 3.57 | 1Y 35.87 | 3Y -4.25 | 5Y — | 10Y — | Since 5.51 | Expense Ratio* 1.00 / 0.99* | Inception 11/07/2019 |
| HIBL Market Close | 1M 13.50 | 3M 45.76 | YTD 3.39 | 1Y 35.53 | 3Y -4.39 | 5Y — | 10Y — | Since 5.43 | Expense Ratio* 1.00 / 0.99* | Inception 11/07/2019 |
| HIBS NAV | 1M -13.79 | 3M -36.24 | YTD -7.27 | 1Y -47.19 | 3Y -47.98 | 5Y — | 10Y — | Since -70.39 | Expense Ratio* 1.10 / 1.07* | Inception 11/07/2019 |
| HIBS Market Close | 1M -13.59 | 3M -36.20 | YTD -6.93 | 1Y -47.07 | 3Y -47.91 | 5Y — | 10Y — | Since -70.37 | Expense Ratio* 1.10 / 1.07* | Inception 11/07/2019 |
As of February 29, 2024
The Primary Listing Exchange is the NYSE Arca, Inc.
*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Funds for Other Expenses through September 1, 2024, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds’ website at direxion.com.
Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
Index Information
The S&P 500® High Beta Index (SP5HBIT) is provided by S&P Dow Jones Indices (the “Index Provider”). The Index Provider selects 100 securities from the S&P 500® Index that have the highest sensitivity to market movements, or “beta” over the past 12 months as determined by the Index Provider based on the securities’ daily price changes. Securities with the highest beta are generally the most volatile securities of the S&P 500® Index. The Index is reviewed and rebalanced quarterly. One cannot invest directly in an index.
Index Top Ten Holdings
| % of Total | |
|---|---|
| Carnival | % of Total 1.65 % |
| Generac Holdings | % of Total 1.41 % |
| Monolithic Power Systems | % of Total 1.40 % |
| Enphase Energy | % of Total 1.39 % |
| Advanced Micro Devices | % of Total 1.38 % |
| Align Technology | % of Total 1.37 % |
| Norwegian Cruise Line Holdings Ltd - Consolidated Issue Listed | % of Total 1.32 % |
| Blackstone Group Class A | % of Total 1.32 % |
| ON Semiconductor | % of Total 1.30 % |
| Zions | % of Total 1.27 % |
Index Sector Weightings
| % of Total | |
|---|---|
| Information Technology | % of Total 34.83 % |
| Consumer Discretionary | % of Total 20.69 % |
| Financials | % of Total 18.77 % |
| Industrials | % of Total 8.96 % |
| Communication Services | % of Total 6.09 % |
| Health Care | % of Total 4.30 % |
| Materials | % of Total 3.81 % |
| Real Estate | % of Total 1.63 % |
| Consumer Staples | % of Total 0.91 % |
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.
View Daily Fund Holdings
Distributions
HIBL Direxion Daily S&P 500® High Beta Bull 3X Shares
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|---|---|
| 12/22/2023 | 12/21/2023 | 12/29/2023 | 0.11402 | — | — |
| 09/20/2023 | 09/19/2023 | 09/26/2023 | 0.07304 | — | — |
| 06/22/2023 | 06/21/2023 | 06/28/2023 | 0.06533 | — | — |
| 03/22/2023 | 03/21/2023 | 03/28/2023 | 0.04097 | — | — |
Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.11402 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.07304 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/22/2023 Ex Date06/21/2023 Pay Date06/28/2023 Income Dividend0.06533 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/22/2023 Ex Date03/21/2023 Pay Date03/28/2023 Income Dividend0.04097 Short-Term Capital Gain— Long-Term Capital Gain— | |||||
HIBS Direxion Daily S&P 500® High Beta Bear 3X Shares
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|---|---|
| 12/22/2023 | 12/21/2023 | 12/29/2023 | 0.33321 | — | — |
| 09/20/2023 | 09/19/2023 | 09/26/2023 | 0.41612 | — | — |
| 06/22/2023 | 06/21/2023 | 06/28/2023 | 0.03659 | — | — |
| 03/22/2023 | 03/21/2023 | 03/28/2023 | 0.06460 | — | — |
| 12/21/2022 | 12/20/2022 | 12/28/2022 | 0.00273 | — | — |
Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.33321 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.41612 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/22/2023 Ex Date06/21/2023 Pay Date06/28/2023 Income Dividend0.03659 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/22/2023 Ex Date03/21/2023 Pay Date03/28/2023 Income Dividend0.06460 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/21/2022 Ex Date12/20/2022 Pay Date12/28/2022 Income Dividend0.00273 Short-Term Capital Gain— Long-Term Capital Gain— | |||||
Strategy & Benefits
You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.
Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:
- Magnify your short-term perspective with daily 3X leverage
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.
Documents
Fund Documents
- HIBL HIBS Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- HIBL Prospectus
- HIBS Prospectus
- Daily Fund Holdings (csv)
Tax Documents
Download the following Tax Reporting Documents
- Form 8937
(HIBL 2020)
(HIBS 2020)
How to Buy
ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.
We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.
Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [emailprotected] or 866-476-7523.
