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HIBL vs ERX

Direxion Daily S&P 500 High Beta Bull 3X Shares vs Direxion Daily Energy Bull 2X Shares

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

ERX

Direxion Daily Energy Bull 2X Shares

Direxion Funds

Annual cost

0.91%

Fund size

$282M

Key differences

  • ERX costs 0.07% less per year.
  • ERX 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.
  • ERX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HIBLERX
Annual cost (TER)0.98%0.91%
Fund size (AUM)$83M$282M
Since20192008
Dividend yield1.66%1.54%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y+242.4%+103.0%
CAGR 3Y+60.5%+26.2%
CAGR 5Y+8.7%+30.3%
Sharpe 3Y0.960.68
Volatility 1Y66.14%40.54%
Max drawdown-88.27%-98.59%

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

Similar to HIBL and ERX