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

NYSEARCA: HIBS · IEX Real-Time Price · USD
9.36 -0.05 (-0.53%)
Oct 20, 2021 4:00 PM EDT - Market closed
Assets$23.49M
NAV$9.36
Expense Ratio1.08%
PE Ration/a
Shares Out2.51M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend DateMar 24, 2020
1-Year Return
-
Volume117,270
Open9.47
Previous Close9.41
Day's Range9.30 - 9.55
52-Week Low9.30
52-Week High113.40
Beta-3.25
Holdings0
Inception DateNov 7, 2019

About HIBS

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 ClassEquity
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolHIBS
Index TrackedSP 500 High Beta Index

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.307Mar 31, 2020
Dec 23, 2019$0.5296Dec 31, 2019
Full Dividend History

News

6 Inverse ETFs Gain on Broad Market Sell-Off

The broad market sell-off has resulted in a spike for inverse or inverse leveraged ETFs. These products either create a short position or a leveraged short position in the underlying index.

1 month ago - Zacks Investment Research

5 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street was subdued last week due to the Fed's taper talks. As a result, these inverse ETFs won massively.

Other symbols:EDZYANG
1 month ago - Zacks Investment Research

4 Best Inverse/Leveraged ETFs of Last Week

Rate hike talks weighed on the stock market last week. These inverse/leveraged ETF areas gained the maximum.

Other symbols:DUSTFAZSMDDVO
4 months ago - Zacks Investment Research

Wall Street Plunges: Make Profits From These Inverse ETFs

Wall Street has stumbled on rising inflationary pressures with all the three major indices sliding deep in red this week.

Other symbols:EDZSOXSSQQQ
5 months ago - Zacks Investment Research

Top Inverse/Leveraged ETFs of Last Week

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 symbols:RETLSMDDSOXS
8 months ago - Zacks Investment Research

Top 5 Leveraged/Inverse ETFs of Last Week

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

Other symbols:BOILDRVYINNZSL
1 year ago - Zacks Investment Research

Inverse ETFs Gaining More Than 20% in September

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 symbols:DRIPFAZSMDDSQQQTECS
1 year ago - Zacks Investment Research

5 Inverse/Leveraged ETFs That Gained At Least 10% Last Week

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 symbols:DRIPDUGSQQQ
1 year ago - Zacks Investment Research

5 Best Inverse ETFs of March With More Upside Potential

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 symbols:DUGMZZSDDSKF
1 year ago - Zacks Investment Research

6 Best-Performing Inverse ETFs of Q1

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 symbols:BZQDRIPSMDDTZA
1 year ago - Zacks Investment Research

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.

Other symbols:FAZ
1 year ago - Benzinga

Goldman Sachs Says Bear Market Is Coming This Year

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 symbols:WEBS
1 year ago - ETF Trends

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.

Other symbols:FAZ
1 year ago - Benzinga

Futures Are Limit-Locked In Overnight Session As Markets Plummet

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 symbols:PSQ
1 year ago - ETF Trends

Could The Fed Make Another Rate Cut This Month?

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

Other symbols:WEBS
1 year ago - ETF Trends

Can A Fed Rate Cut Rescue Markets Longer Term?

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 symbols:WEBS
1 year ago - ETF Trends

Markets Fall As Companies Change Conference Plans Due To Coronavirus

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 symbols:WEBS
1 year ago - ETF Trends

10 Inverse ETFs That Gained More Than 30% Over the Past Week

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 symbols:DRIPDUGERYSOXSTECS
1 year ago - Zacks Investment Research

Jim Cramer: Now Is the Time to Buy Some Stocks

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 symbols:WEBS
1 year ago - ETF Trends

3 Inverse ETFs to Take Advantage of Stock Market Panic

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 symbols:PSQWEBS
1 year ago - ETF Trends

Risk-on or Risk-off?

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 symbols:UTSL
1 year ago - ETF Trends

Highlights on High Beta

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

Other symbols:HIBL
1 year ago - ETF Trends