HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares
Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
By Direxion Funds · Launched 2019
Annual Cost
1.06%
#5,517 of 6,040 · expensive
Fund Size
$20M
#4,549 of 6,040 · small
Return (1Y)
-70.5%
Track Record
6 years
#1,979 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$3,148-68.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
DREYFUS GOVERNMENT CASH MANAGE
58.6%
GOLDMAN FINANCIAL
56.7%
GOLDMAN SACHS LIQ ES FD A
13.2%
N/A
-1.7%
N/A
-2.3%
N/A
-3.2%
N/A
-8.3%
N/A
-8.6%
Asset allocation
Cash
88.5%
Stocks
11.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
83.5%High
Year-on-year price swings
Max drawdown
-100.0%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.85Below average
Sortino (3Y)
-1.18Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
- Strategy
- Invests in financial instruments, including swap agreements and futures contracts, to provide 3X daily inverse exposure to the S&P 500 Index. The Fund is non-diversified and may concentrate its investments in specific industries, aiming for daily rebalancing to maintain its inverse leveraged objective.
- Inception date
- November 7, 2019
- Fund family
- Direxion Funds
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Data updated on 2026-09-18