HIBL - Daily S&P 500 High Beta Bull 3X Shares
|Ex-Dividend Date||Jun 22, 2021|
|Trading Day||July 23|
|Day's Range||58.02 - 60.37|
|52-Week Range||11.90 - 79.72|
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500® High Beta Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index provider selects 100 securities to include in the index from the S&P 500® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.
|Asset Class |
|Inception Date |
Nov 7, 2019
|Ticker Symbol |
|Index Tracked |
SP 500 High Beta Index
Top 10 Holdings80.45% of assets
|S&P 500 HIGH BETA INDEX SWAP||n/a||40.37%|
|S&P 500 HIGH BETA INDEX SWAP||n/a||16.88%|
|S&P 500 HIGH BETA INDEX SWAP||n/a||10.12%|
|BANK OF NEW YORK CASH RESERVE||n/a||5.68%|
|S&P 500 HIGH BETA INDEX SWAP||n/a||3.25%|
|GOLDMAN FS GOVT INST||n/a||2.75%|
|GOLDMAN FINL SQ TRSRY INST 506||n/a||0.39%|
|DREYFUS GOVT CASH MGMT||n/a||0.36%|
|DREYFUS GOVT CASH MGMT||n/a||0.35%|
|Jun 22, 2021||$0.036||Jun 29, 2021|
|Mar 23, 2021||$0.006||Mar 30, 2021|
|Mar 24, 2020||$0.428||Mar 31, 2020|
|Dec 23, 2019||$0.059||Dec 31, 2019|
Wall Street started the week on a shaky note due to a spike in U.S. COVID cases, which is a potential threat to economic reopening.
More investors are exiting risky stocks and entering ETFs. One way to play the exodus is the Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL).
Given the momentum of the previous 12 months and the fact that the threat of COVID-19 has seemingly begun to recede in many parts of the world, including the U.S., traders may have been hoping 2021 woul...
It appears the markets shook off last week's inflation fears as the major indexes saw green in Monday's trading session. The Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) notched a 7% gain and ...
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