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HIBL vs SOXL

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

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

SOXL

Direxion Daily Semiconductor Bull 3X Shares

Direxion Funds

Annual cost

0.75%

Fund size

$17.3B

Key differences

  • SOXL costs 0.23% less per year.
  • SOXL is significantly larger than HIBL — larger funds tend to be more liquid and less likely to close.
  • HIBL is classified as equity, while SOXL is cryptocurrency — different risk/return profiles.
  • Over the last 3 years, SOXL has delivered higher annualized returns.
  • SOXL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HIBLSOXL
Annual cost (TER)0.98%0.75%
Fund size (AUM)$83M$17.3B
Since20192010
Dividend yield1.66%0.06%
Asset classequitycryptocurrency
Regionnorth america
Strategyleveragedleveraged
CAGR 1Y+242.4%+1272.3%
CAGR 3Y+60.5%+135.4%
CAGR 5Y+8.7%+50.4%
Sharpe 3Y0.961.30
Volatility 1Y66.14%101.52%
Max drawdown-88.27%-90.46%

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

Similar to HIBL and SOXL