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HIBL vs LABD

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

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

LABD

Direxion Daily S&P Biotech Bear 3X Shares

Direxion Funds

Annual cost

1.07%

Fund size

$69M

Key differences

  • HIBL costs 0.09% less per year.
  • HIBL follows a leveraged strategy; LABD uses inverse.
  • Over the last 3 years, HIBL has delivered higher annualized returns.

Side-by-side comparison

HIBLLABD
Annual cost (TER)0.98%1.07%
Fund size (AUM)$83M$69M
Since20192015
Dividend yield1.66%6.38%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y+242.4%-82.9%
CAGR 3Y+60.5%-50.8%
CAGR 5Y+8.7%-42.0%
Sharpe 3Y0.96-0.52
Volatility 1Y66.14%74.72%
Max drawdown-88.27%-99.98%

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

Similar to HIBL and LABD