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HIBS vs DRIP

Direxion Daily S&P 500 High Beta Bear 3X Shares vs Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

HIBS

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

Direxion Funds

Annual cost

1.06%

Fund size

$19M

DRIP

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$117M

Key differences

  • DRIP costs 0.05% less per year.
  • DRIP is significantly larger than HIBS — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, DRIP has delivered higher annualized returns.

Side-by-side comparison

HIBSDRIP
Annual cost (TER)1.06%1.01%
Fund size (AUM)$19M$117M
Since20192015
Dividend yield7.92%4.18%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-80.6%-58.1%
CAGR 3Y-62.8%-32.4%
CAGR 5Y-52.3%-43.6%
Sharpe 3Y-0.97-0.49
Volatility 1Y67.54%55.08%
Max drawdown-99.98%-99.92%

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

Similar to HIBS and DRIP