HIBS ETF Report: Ratings, Analysis, Quotes, Holdings

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*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, promising 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, produces 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.

HIBS Charts And Performance

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HIBS Summary Data

Direxion

11/07/19

Open-Ended Fund

1.07%

$8.91M

0.79%

Fund Home Page

HIBS Portfolio Data

03/24/20

HIBS Index Data

S&P 500 High Beta Index

Beta

N/A

HIBS Fund Structure

No Policy

N/A

Low

-3

Leverage Reset Frequency Daily

HIBS Tax Exposures

20.00% / 39.60%

Cboe Book Viewer

Top Of Book

Last 10 Trades

Bats BZX Real-time Quote -

HIBS Factset Analytics Block Liquidity

As of 04/01/20

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

55,094

$2.22M

55,448

$1.86M

0.79%

$0.24

0.06%

23.82% / -6.20%

None

100.00%

50,000

1.11

0.00%

$34.64

N/A

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