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SPDN vs HIBL

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

SPDN

Direxion Daily S&P 500 Bear 1X Shares

Direxion Funds

Annual cost

0.48%

Fund size

$219M

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

Key differences

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

Side-by-side comparison

SPDNHIBL
Annual cost (TER)0.48%0.98%
Fund size (AUM)$219M$83M
Since20162019
Dividend yield3.94%1.66%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-18.4%+242.4%
CAGR 3Y-13.2%+60.5%
CAGR 5Y-9.3%+8.7%
Sharpe 3Y-1.110.96
Volatility 1Y12.30%66.14%
Max drawdown-75.08%-88.27%

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

Similar to SPDN and HIBL