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EURL vs HIBS

Direxion Daily FTSE Europe Bull 3X Shares vs Direxion Daily S&P 500 High Beta Bear 3X Shares

EURL

Direxion Daily FTSE Europe Bull 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$60M

HIBS

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

Direxion Funds

Annual cost

1.06%

Fund size

$19M

Key differences

  • EURL is significantly larger than HIBS — larger funds tend to be more liquid and less likely to close.
  • EURL covers europe markets; HIBS covers north america.
  • EURL follows a leveraged strategy; HIBS uses inverse.
  • Over the last 3 years, EURL has delivered higher annualized returns.
  • EURL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EURLHIBS
Annual cost (TER)1.04%1.06%
Fund size (AUM)$60M$19M
Since20142019
Dividend yield1.46%7.92%
Asset classequityequity
Regioneuropenorth america
Strategyleveragedinverse
CAGR 1Y+48.6%-82.7%
CAGR 3Y+29.5%-63.4%
CAGR 5Y+8.1%-53.9%
Sharpe 3Y0.71-0.99
Volatility 1Y46.35%67.94%
Max drawdown-84.65%-99.98%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to EURL and HIBS