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FAZ vs HIBL

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

FAZ

Direxion Daily Financial Bear 3X Shares

Direxion Funds

Annual cost

1.03%

Fund size

$120M

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

Key differences

  • HIBL costs 0.05% less per year.
  • FAZ follows a inverse strategy; HIBL uses leveraged.
  • Over the last 3 years, HIBL has delivered higher annualized returns.
  • FAZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAZHIBL
Annual cost (TER)1.03%0.98%
Fund size (AUM)$120M$83M
Since20082019
Dividend yield3.00%1.66%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-9.8%+242.4%
CAGR 3Y-38.5%+60.5%
CAGR 5Y-27.5%+8.7%
Sharpe 3Y-0.840.96
Volatility 1Y43.24%66.14%
Max drawdown-99.78%-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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