NYSEARCA:HIBS

Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) Price, Holdings, & News

$26.23
-0.42 (-1.58%)
(As of 04/24/2024 ET)
Today's Range
$25.69
$26.95
50-Day Range
$22.03
$29.02
52-Week Range
$21.75
$63.18
Volume
231,440 shs
Average Volume
350,201 shs
Market Capitalization
$41.44 million
Assets Under Management
$40.68 million
Dividend Yield
5.47%
Net Expense Ratio
1.01%
HIBS stock logo

About Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS)

The Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBS was launched on Nov 7, 2019 and is managed by Direxion.

HIBS Stock Price History

HIBS ETF News Headlines

Direxion Daily S&P 500 Bear 3X Shares (SPXS)
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL)
Inverse ETFs Soar at the Start of 2024
WEBS Direxion Daily Dow Jones Internet Bear 3X Shares ETF
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily S&P 500 High Beta Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:HIBS
Inception Date
11/7/2019
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P 500 High Beta Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
16

Fund Statistics

Assets Under Management
$40.68 million
Average Daily Volume
$0.00
Discount/Premium
-0.02%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
IMC

Options

Optionable
Optionable
Options Volume
36
Put Options
2
Call Options
36
Short Interest
24,500 shs

Miscellaneous

Beta
-4.54
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily S&P 500 High Beta Bear 3X Shares Expenses

TypeHIBSLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.57%0.54%0.50%0.51%
Other Expenses0.34%0.29%0.54%0.64%0.58%
Total Expense1.09%0.63%0.70%0.74%0.70%
Fee Waiver-0.08%-0.19%-0.55%-0.68%-0.57%
Net Expense1.01%0.61%0.60%0.57%0.58%

Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) Holdings

Top 7 HIBS Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 40.80%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 38.37%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 29.41%
  • S&P 500 HIGH BETA INDEX SWAP
    Holding Weight: -25.55%
  • S&P 500 HIGH BETA INDEX SWAP
    Holding Weight: -30.36%
  • S&P 500 HIGH BETA INDEX SWAP
    Holding Weight: -67.64%
  • S&P 500 HIGH BETA INDEX SWAP
    Holding Weight: -176.44%

HIBS ETF - Frequently Asked Questions

How have HIBS shares performed in 2024?

Direxion Daily S&P 500 High Beta Bear 3X Shares' stock was trading at $27.12 at the beginning of the year. Since then, HIBS shares have decreased by 3.3% and is now trading at $26.23.
View the best growth stocks for 2024 here
.

What does HIBS invest in?

Direxion Daily S&P 500 High Beta Bear 3X Shares is a equity fund issued by Direxion. HIBS focuses on large cap investments and follows the S&P 500 High Beta Index. The fund's investments total to approximately $40.68 million assets under management.

What is the management fee for Direxion Daily S&P 500 High Beta Bear 3X Shares?

Direxion Daily S&P 500 High Beta Bear 3X Shares' management fee is 0.75% and has other expenses of 0.34%. However, HIBS has a fee waiver of -0.08% to reimburse the expenses. The net expense ratio for HIBS is 1.01%.

When did Direxion Daily S&P 500 High Beta Bear 3X Shares' stock split?

Direxion Daily S&P 500 High Beta Bear 3X Shares's stock reverse split on Monday, August 28th 2023. The 1-10 reverse split was announced on Monday, August 28th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Direxion Daily S&P 500 High Beta Bear 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P 500 High Beta Bear 3X Shares investors own include Direxion Daily Semiconductors Bear 3x Shares (SOXS), Walt Disney (DIS), Micron Technology (MU), Wayfair (W), Slack Technologies (WORK), Zynga (ZNGA), Cronos Group (CRON) and Direxion Daily Financial Bull 3X Shares (FAS).

How do I buy shares of Direxion Daily S&P 500 High Beta Bear 3X Shares?

Shares of HIBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:HIBS) was last updated on 4/25/2024 by MarketBeat.com Staff

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