HIBL

Fund Description
The Daily S&P 500 High Beta Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the S&P 500 High Beta Index. The S&P 500 High Beta Index (SP5HBIT) is provided by S&P Dow Jones Indices (the Index Provider ). 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. Securities with the highest beta are generally the most volatile securities of the S&P 500 Index.
Fund Profile
Fund Name Direxion Daily S&P 500 High Beta Bull 3x Shares ETF
Fund Exchange Ticker HIBL
Fund Sponsor Direxion Shares
Fund ISIN US25460G8565
Net Expense Ratio 0.95 %
Fund Inception Date 7 November 2019
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name S&P 500 High Beta Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Leveraged (3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 31 July 2020
Asset Under Management 38.08 Million (USD)
1 Month Total Return 9.87 %
Year To Date Return -68.21 %
1 Year Total Return
3 Year Annualized Total Return
NAV 96.4282
Share Outstanding 394,910
Top 10 Holdings (31 July 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
S&P 500 High Beta Index SWAP SP5HBI SWAP 0.2274691062
S&P 500 High Beta Index SWAP SP5HBIU SWAP 0.1997967877
S&P 500 High Beta Index SWAP SP5HBIML SWAP 0.1832463580
BANK OF NEW YORK CASH RESERVE MMKT 0.1011363011
S&P 500 High Beta Index SWAP SP5HBIJP SWAP 0.0648114828
DREYFUS GOVT CASH MGMT MMKT 0.0593165609
DREYFUS GOVT CASH MGMT MMKT 0.0314216004
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.0136085895
DREYFUS GOVT CASH MGMT MMKT 0.0043981597
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.0028692077