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HIBL vs SPDN

Direxion Daily S&P 500 High Beta Bull 3X Shares vs Direxion Daily S&P 500 Bear 1X Shares

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

SPDN

Direxion Daily S&P 500 Bear 1X Shares

Direxion Funds

Annual cost

0.48%

Fund size

$219M

Key differences

  • SPDN costs 0.50% less per year.
  • HIBL follows a leveraged strategy; SPDN uses inverse.
  • Over the last 3 years, HIBL has delivered higher annualized returns.

Side-by-side comparison

HIBLSPDN
Annual cost (TER)0.98%0.48%
Fund size (AUM)$83M$219M
Since20192016
Dividend yield1.66%3.94%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y+242.4%-18.4%
CAGR 3Y+60.5%-13.2%
CAGR 5Y+8.7%-9.3%
Sharpe 3Y0.96-1.11
Volatility 1Y66.14%12.30%
Max drawdown-88.27%-75.08%

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

Similar to HIBL and SPDN