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SPDN vs HIBS

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

SPDN

Direxion Daily S&P 500 Bear 1X Shares

Direxion Funds

Annual cost

0.48%

Fund size

$219M

HIBS

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

Direxion Funds

Annual cost

1.06%

Fund size

$19M

Key differences

  • SPDN costs 0.58% less per year.
  • SPDN is significantly larger than HIBS — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SPDN has delivered higher annualized returns.

Side-by-side comparison

SPDNHIBS
Annual cost (TER)0.48%1.06%
Fund size (AUM)$219M$19M
Since20162019
Dividend yield3.94%7.92%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-18.4%-80.6%
CAGR 3Y-13.2%-62.8%
CAGR 5Y-9.3%-52.3%
Sharpe 3Y-1.11-0.97
Volatility 1Y12.30%67.54%
Max drawdown-75.08%-99.98%

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

Similar to SPDN and HIBS