Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS)
| Assets | $24.52M |
| Expense Ratio | 1.09% |
| PE Ratio | n/a |
| Shares Out | 2.98M |
| Dividend (ttm) | $0.70 |
| Dividend Yield | 8.54% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 2,057,026 |
| Open | 8.22 |
| Previous Close | 8.22 |
| Day's Range | 8.18 - 8.55 |
| 52-Week Low | 7.94 |
| 52-Week High | 41.69 |
| Beta | -3.90 |
| Holdings | 4 |
| 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 -62.26% in the past year, including dividends. Since the fund's inception, the average annual return has been -66.58%.
News
Good Fishing In The Dividend Stream
Once upon a time, dividends played a starring role in equity markets—until 14 years of easy money whetted investors' appetite for risk and created a massive tailwind for unprofitable, long-duration gr...
Oversold-Overbought Watch: S&P 500 Index - February 21, 2023
The S&P 500 Index has rebounded sharply off its previous low in October, closing up 14% on Feb. 17 since October's trough. The market could continue to rally, of course.
HIBS: The Bear Market Is Back
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.
3 ETFs To Short The Stock Market
With the S&P 500 having an awful week, it's fair to say there is money to be made on the downside in the current market environment.
3 ETFs Made For Shorting This Stock Market
With the S&P 500 having shed 7.6% on Monday, sliding to its lowest close since June, it's fair to say there is money to be made on the downside in the current market environment.