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

NYSEARCA: HIBS · IEX Real-Time Price · USD
7.34
-0.04 (-0.54%)
At close: Aug 8, 2022 4:00 PM
7.25
-0.09 (-1.19%)
After-hours: Aug 8, 2022 5:31 PM EDT
-0.54%
Assets $47.93M
NAV $7.84
Expense Ratio 1.01%
PE Ratio n/a
Shares Out 6.11M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -37.20%
Volume 1,003,326
Open 7.23
Previous Close 7.38
Day's Range 6.96 - 7.40
52-Week Low 6.96
52-Week High 14.63
Beta -3.44
Holdings 12
Inception Date Nov 7, 2019

About HIBS

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 from the S&P 500 ® Index that have exhibited the highest sensitivity to market movements, or "beta," over the past 12 months based on the securities" daily price changes. It is non-diversified.

Asset Class Equity
Region North America
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol HIBS
Index Tracked SP 500 High Beta Index

Top 10 Holdings

80.48% of assets
Name Symbol Weight
DREYFUS GOVT CASH MGMT n/a 49.76%
GOLDMAN FS GOVT INST n/a 26.84%
DREYFUS GOVT CASH MGMT n/a 20.36%
DREYFUS GOVT CASH MGMT n/a 10.91%
GOLDMAN FINL SQ TRSRY INST 506 n/a 4.60%
GOLDMAN FINL SQ TRSRY INST 506 n/a 3.04%
GOLDMAN FINL SQ TRSRY INST 506 n/a 0.00%
GOLDMAN FINL SQ TRSRY INST 506 n/a 0.00%
S&P 500 HIGH BETA INDEX SWAP n/a -17.32%
S&P 500 HIGH BETA INDEX SWAP n/a -17.70%
View More Holdings

Dividends

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

News

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Top Performing Leveraged/Inverse ETFs: 07/03/2022

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Other symbols: JDSTSOXSSSGTECSWEBSZSL

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Other symbols: SINVSOXS

Winning Inverse ETFs in S&P 500's Worst Week Since 2020

The S&P 500 entered into a bear market last week. Steep Fed rate hike last week and chances of more such hikes in the coming months triggered heightened recessionary fears.

Other symbols: DRVFAZSMDDSPXSSSGTZA

Top Performing Leveraged/Inverse ETFs: 06/12/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Bearish High Beta ETF Jumps Over 30% as Volatility Continues

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Why to Tap Inverse ETFs for This Week

We have concerns like a worsening COVID situation in China, high inflation in the United States, slowdown fears both in the United States and Euro zone as well as looming rate hikes by the ECB.

Other symbols: QIDREWSKFSPXSSPXUTECS

Top Performing Leveraged/Inverse ETFs: 01/23/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 12/19/2021

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

5 Inverse ETFs Up Over 10% on Black Friday

The color of Wall Street was red on Black Friday 2021 with the Dow Jones Industrial Index losing 2.53% in its worst post-Thanksgiving Day performance since 1931. Inverse ETFs gained massively on that day.

Other symbols: EDZSCOSRTYUVXY

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.

Other symbols: LABDSOXS

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

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

Top 5 Leveraged/Inverse ETFs of Last Week

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

Other symbols: BOILDRVYINNZSL

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

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

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

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

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

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

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

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

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

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

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