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

Take a bet6y track recordRanked #251 of 995 in this goal

Seeks daily investment results of 300% of the daily performance of the Index.

By Direxion Funds · Launched 2019

Annual Cost

0.98%

#5,220 of 6,040 · expensive

Fund Size

$78M

#3,311 of 6,040 · mid-size

Return (1Y)

+80.4%

Track Record

6 years

#1,979 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$16,967+69.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE

24.2%

N/A

12.8%

GOLDMAN FINANCIAL

8.0%

N/A

6.3%

N/A

5.2%

GOLDMAN SACHS LIQ ES FD A

5.2%

N/A

1.5%

ADVANCED MICRO DEVICES INC

1.2%

DELL TECHNOLOGIES INC

1.1%

Monolithic Power Systems Inc.

1.1%

Asset allocation

Other

75.0%

Stocks

18.9%

Cash

6.1%

By sector

Technology

49.5%

Industrials

15.0%

Financial Services

11.1%

Consumer Cyclical

10.1%

Healthcare

4.2%

Basic Materials

3.6%

Communication

3.4%

Utilities

2.2%

Other

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

82.2%High

Year-on-year price swings

Max drawdown

-88.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.83Decent risk-adjusted returns

Sortino (3Y)

1.21Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 300% of the daily performance of the Index.
Strategy: Invests primarily in financial instruments to achieve 3X daily leveraged exposure to the Index, which consists of high beta securities from the S&P 500. The Fund employs daily rebalancing to maintain its target exposure, resulting in high portfolio turnover.
Inception date: November 7, 2019
Fund family: Direxion Funds