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SPXL vs HIBL

Direxion Daily S&P500 Bull 3X Shares vs Direxion Daily S&P 500 High Beta Bull 3X Shares

SPXL

Direxion Daily S&P500 Bull 3X Shares

Direxion Funds

Annual cost

0.84%

Fund size

$5.9B

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

Key differences

  • SPXL costs 0.14% less per year.
  • SPXL is significantly larger than HIBL — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, HIBL has delivered higher annualized returns.
  • SPXL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPXLHIBL
Annual cost (TER)0.84%0.98%
Fund size (AUM)$5.9B$83M
Since20082019
Dividend yield0.60%1.66%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y+87.0%+242.4%
CAGR 3Y+55.4%+60.5%
CAGR 5Y+23.9%+8.7%
Sharpe 3Y1.140.96
Volatility 1Y35.92%66.14%
Max drawdown-76.86%-88.27%

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

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