HIBS

Direxion Daily S&P 500 High Beta Bear 3X Shares
*Unless otherwise stated, data provided by FactSet.

HIBS Fund Description

HIBS provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500.

HIBS Factset Analytics Insight

HIBS is passively-managed to select the top 100 stocks from the S&P 500 Index with the highest sensitivity to market movements (beta) over the past 12 months and weights each of them based on its calculated beta. The fund is designed to deliver 3x inverse exposure to those 100 highest-beta stocks, aiming to provide -300% of the index's return for a one-day period. To achieve its goal, the fund holds swaps, futures, short positions or other financial instruments that, in combination, produce inverse exposure to the index. HIBS gets the added exposure by using short-term financial instrument that are high quality. The index is reviewed and rebalanced quarterly. As a levered product, HIBS is not a buy-and-hold ETF, and should not be expected to provide returns greater than a one-day period.

HIBS MSCI ESG Analytics Insight

Direxion Daily S&P 500 High Beta Bear 3X Shares has an MSCI ESG Fund Rating of undefined based on a score of 6.07 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily S&P 500 High Beta Bear 3X Shares ranks in the 41st percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 11/29/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HIBS 2.63% -18.65% -71.92% -75.44% -- -- --
HIBS (NAV) -1.86% -34.32% -73.34% -82.70% -- -- --
S&P 500 High Beta Index -0.10% 4.65% 39.68% 45.02% 28.39% 19.79% 17.86%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HIBS Summary Data

Direxion
11/07/19
Open-Ended Fund
1.03%
$26.88M
0.16%

HIBS Portfolio Data

1.88%
N/A

HIBS Index Data

S&P 500 High Beta Index
Beta
Beta
N/A

HIBS Fund Structure

Yes
No
-- / --
N/A
N/A
High
-3
Daily

HIBS Tax Exposures

20.00% / 39.60%
--
No

HIBS Factset Analytics Block Liquidity

As of 11/30/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HIBS. HIBS is rated a N/A out of 5.

HIBS Tradability

257,612
$2.33M
215,720
$1.89M
0.16%
$0.02
0.05%
1,885.51% / -0.63%
None
99.00%
50,000
4.31
--
--
1,275
$8.89
N/A

HIBS MSCI ESG Ratings

--
6.07 / 10
39.34
41.25
--
--
2.50