(HIBL) Direxion Daily SP500 High - NYSE
ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 96m USD | Total Return: 229.6% in 12m
Avg Turnover: 6.59M
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader
The Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the S&P 500 High Beta Index. The fund achieves this exposure by investing at least 80% of its assets in financial derivatives, including swap agreements and other ETFs, rather than holding a traditional diversified portfolio of equities.
The underlying index tracks the 100 stocks within the S&P 500 that exhibit the highest sensitivity to market movements over the past 12 months. High beta strategies typically outperform during bull markets but experience accelerated losses during downturns due to the inherent volatility of the constituent securities.
Investors should examine detailed performance metrics on ValueRay to understand how daily rebalancing affects long-term returns.
- S&P 500 high beta constituent performance drives daily leveraged returns
- Federal Reserve interest rate policy shifts impact high-volatility equity valuations
- Daily rebalancing costs and compounding effects erode long-term fund NAV
- Market volatility spikes increase decay risk for 3X leveraged exposure
As of June 26, 2026, the stock is trading at USD 129.52 with a total of 61,812 shares traded. Over the past week, the price has changed by +6.38%, over one month by +13.39%, over three months by +97.85% and over the past year by +229.55%.
Current recommended Stop Loss: 111.20 (which is 14.1% or 1.7 ATR below the current price).
Direxion Daily SP500 High has no consensus analysts rating.