Key stats
About Direxion Daily S&P 500 High Beta Bull 3X Shares
Expense ratio
0.99%
Home page
Inception date
Nov 7, 2019
HIBL is passively managed to select the top 100 stocks from the S&P-500 Index with the highest sensitivity to market movements (beta) over the past 12 months and weights each of them based on calculated beta. As a levered product, HIBL is not a buy-and-hold ETF, it's a short-term tactical instrument for getting 3x daily leveraged exposures to those 100 highest-beta stocks, making it suitable for investors who actively monitor their portfolios and understands leverage risks. HIBL gets the added exposure by using high quality short-term financial instruments, as well as ETFs and derivatives with characteristics similar to those of the Index and which produces same leveraged investment results. The Index is reviewed and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Cash
Stocks88.96%
Electronic Technology25.13%
Technology Services14.32%
Producer Manufacturing9.62%
Consumer Services8.13%
Finance6.92%
Retail Trade4.34%
Health Technology3.89%
Consumer Durables3.55%
Utilities2.62%
Commercial Services2.23%
Transportation2.12%
Consumer Non-Durables1.65%
Non-Energy Minerals1.47%
Process Industries1.37%
Industrial Services1.00%
Health Services0.59%
Bonds, Cash & Other11.04%
Cash11.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history