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HIBS vs LABU

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

HIBS

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

Direxion Funds

Annual cost

1.06%

Fund size

$19M

LABU

Direxion Daily S&P Biotech Bull 3X Shares

Direxion Funds

Annual cost

0.96%

Fund size

$528M

Key differences

  • LABU costs 0.10% less per year.
  • LABU is significantly larger than HIBS — larger funds tend to be more liquid and less likely to close.
  • HIBS follows a inverse strategy; LABU uses leveraged.
  • Over the last 3 years, LABU has delivered higher annualized returns.

Side-by-side comparison

HIBSLABU
Annual cost (TER)1.06%0.96%
Fund size (AUM)$19M$528M
Since20192015
Dividend yield7.92%0.69%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-80.6%+246.3%
CAGR 3Y-62.8%+10.2%
CAGR 5Y-52.3%-32.0%
Sharpe 3Y-0.970.48
Volatility 1Y67.54%75.02%
Max drawdown-99.98%-98.96%

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

Similar to HIBS and LABU