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TSMZ vs HIBL

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

TSMZ

Direxion Daily TSM Bear 1X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$3M

HIBL

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

Direxion Funds

Annual cost

0.98%

Fund size

$83M

Key differences

  • HIBL is significantly larger than TSMZ — larger funds tend to be more liquid and less likely to close.
  • TSMZ follows a inverse strategy; HIBL uses leveraged.
  • HIBL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TSMZHIBL
Annual cost (TER)1.01%0.98%
Fund size (AUM)$3M$83M
Since20242019
Dividend yield4.74%1.66%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-56.2%+242.4%
CAGR 3YN/A+60.5%
CAGR 5YN/A+8.7%
Sharpe 3YN/A0.96
Volatility 1Y35.67%66.14%
Max drawdown-69.60%-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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