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LABD vs HIBS

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

LABD

Direxion Daily S&P Biotech Bear 3X Shares

Direxion Funds

Annual cost

1.07%

Fund size

$69M

HIBS

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

Direxion Funds

Annual cost

1.06%

Fund size

$19M

Key differences

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

Side-by-side comparison

LABDHIBS
Annual cost (TER)1.07%1.06%
Fund size (AUM)$69M$19M
Since20152019
Dividend yield6.38%7.92%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-82.9%-80.6%
CAGR 3Y-50.8%-62.8%
CAGR 5Y-42.0%-52.3%
Sharpe 3Y-0.52-0.97
Volatility 1Y74.72%67.54%
Max drawdown-99.98%-99.98%

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

Similar to LABD and HIBS