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HIBS - Daily S&P 500 High Beta Bear 3X Shares

Stock Price: $14.59 USD -0.02 (-0.14%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $19.84M
NAV $14.59
Expense Ratio 1.07%
PE Ratio n/a
Beta (5Y) -3.33
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -
Trading Day April 16
Last Price $14.59
Previous Close $14.61
Change ($) -0.02
Change (%) -0.14%
Day's Open 14.30
Day's Range 14.10 - 14.70
Day's Volume 48,891
52-Week Range 13.95 - 519.60

Fund Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® High Beta Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. 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
Equity
Inception Date
Nov 7, 2019
Exchange
NYSEARCA
Ticker Symbol
HIBS
Index Tracked
SP 500 High Beta Index

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.307Mar 31, 2020
Dec 23, 2019$0.026Dec 31, 2019
Full Dividend History

News

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Last week was downbeat for Wall Street. Simple profit-booking and some warnings from the too-big-to-fail companies probably led to this crash.

Other tickers mentioned: NRGD, RETL, SMDD, SOXS
2 months ago - Zacks Investment Research

Inside the top-performing leveraged/inverse ETFs of the last week.

Other tickers mentioned: BOIL, DRV, YINN, ZSL
6 months ago - Zacks Investment Research

The month of September has been brutal for the U.S. stock market with the S&P 500 Index on track for its sharpest decline in September since 2002.

Other tickers mentioned: DRIP, FAZ, MUTE, NRGD, SMDD, SQQQ, TECS
6 months ago - Zacks Investment Research

Last week was extremely volatile for Wall Street with the S&P 500, the Dow Jones and the Nasdaq losing about 2.5%, 1.7% and 4.1%, respectively.

Other tickers mentioned: DRIP, DUG, FNGD, SQQQ
7 months ago - Zacks Investment Research

President Donald Trump has warned America to brace for a "very, very painful two weeks" that will continue to raise the appeal for inverse or inverse leveraged ETFs.

Other tickers mentioned: DUG, MZZ, SDD, SKF
1 year ago - Zacks Investment Research

The coronavirus pandemic has resulted in strong demand for inverse or inverse leveraged ETFs as investors can seek higher returns in a short time span.

Other tickers mentioned: BZQ, DRIP, SMDD, TZA
1 year ago - Zacks Investment Research

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.

Other tickers mentioned: FAZ, GASX
1 year ago - Benzinga

While Merrill Lynch Wealth Management and Bank of America said on Tuesday that a recession might not be in the cards, Goldman Sachs’ premier U.S. stock strategist noted Wednesday that the longest U.S. b...

Other tickers mentioned: WEBS
1 year ago - ETF Trends

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.

Other tickers mentioned: FAZ, GASX
1 year ago - Benzinga

In a rare historical event, futures markets were locked limit down in overnight trading on Sunday, as investors panicked over the coronavirus and oil crashed.

Other tickers mentioned: PSQ
1 year ago - ETF Trends

Last Tuesday, the Federal Reserve made an emergency rate cut, which quickly tanked markets after a brief pop higher.

Other tickers mentioned: WEBS
1 year ago - ETF Trends

On Tuesday, the Federal Reserve announced an emergency rate cut of 50 basis points in response to the broadening economic threat of the coronavirus contagion. While the move was widely expected, is it e...

Other tickers mentioned: WEBS
1 year ago - ETF Trends

U.S. stocks continue to fall on Friday as markets are in extreme panic due to the coronavirus outbreak, and have now entered correction territory, down more than 10% from all-time highs. The coronavirus...

Other tickers mentioned: WEBS
1 year ago - ETF Trends

The rapidly spreading coronavirus has made investors jittery this week, sending the global market into a tailspin. This has resulted in strong demand for inverse or inverse leveraged ETFs.

Other tickers mentioned: DRIP, DUG, ERY, FNGD, GASX, NRGD, SOXS ...
1 year ago - Zacks Investment Research

While most investors and analysts are shying away from stocks, or even altogether avoiding them like the plague, famed analyst Jim Cramer of CNBC’s Mad Money says now is the time to deploy some capital ...

Other tickers mentioned: WEBS
1 year ago - ETF Trends

With stocks falling apart in their worst four-day performance since December 2018, now in negative territory for the year, investors are scrambling to take cover and decide where to reallocate assets. S...

Other tickers mentioned: PSQ, WEBS
1 year ago - ETF Trends

What Two Top-Performing Leveraged ETFs Might Signal for Traders With the market in full watchdog mode as the Coronavirus continues to spread, two of January’s top-performing Direxion leveraged ETFs are ...

Other tickers mentioned: UTSL
1 year ago - ETF Trends

Direxion recently launched the Direxion Daily S&P 500® High Beta Bull and Bear 3X Shares – HIBL and HIBS.

Other tickers mentioned: HIBL
1 year ago - ETF Trends