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FAS vs HIBL

Direxion Daily Financial Bull 3X Shares vs Direxion Daily S&P 500 High Beta Bull 3X Shares

FAS

Direxion Daily Financial Bull 3X Shares

Direxion Funds

Annual cost

0.88%

Fund size

$2.1B

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

Key differences

  • FAS costs 0.10% less per year.
  • FAS is significantly larger than HIBL — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, HIBL has delivered higher annualized returns.
  • FAS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FASHIBL
Annual cost (TER)0.88%0.98%
Fund size (AUM)$2.1B$83M
Since20082019
Dividend yield10.14%1.66%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y-2.5%+242.4%
CAGR 3Y+37.8%+60.5%
CAGR 5Y+4.9%+8.7%
Sharpe 3Y0.840.96
Volatility 1Y42.90%66.14%
Max drawdown-85.99%-88.27%

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

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