Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS)
| Assets | $28.76M |
| Expense Ratio | 1.09% |
| PE Ratio | n/a |
| Shares Out | 2.98M |
| Dividend (ttm) | $0.70 |
| Dividend Yield | 9.28% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 474,755 |
| Open | 7.59 |
| Previous Close | 7.74 |
| Day's Range | 7.54 - 7.80 |
| 52-Week Low | 7.54 |
| 52-Week High | 41.69 |
| Beta | -3.94 |
| Holdings | 5 |
| Inception Date | Nov 7, 2019 |
About HIBS
Fund Home PageThe 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 issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.07582 | Jul 1, 2025 |
| Mar 25, 2025 | $0.22975 | Apr 1, 2025 |
| Dec 23, 2024 | $0.14624 | Dec 31, 2024 |
| Sep 24, 2024 | $0.24976 | Oct 1, 2024 |
| Jun 25, 2024 | $0.31936 | Jul 2, 2024 |
| Mar 19, 2024 | $0.30161 | Mar 26, 2024 |
Performance
HIBS had a total return of -71.10% in the past year, including dividends. Since the fund's inception, the average annual return has been -66.74%.
News
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Trader's Idea Flow sees overall market risk rising from both a technical and fundamental basis. HIBS is a trading vehicle to profit from bear markets.
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