HIBS Performance — Direxion Daily S&P 500 High Beta Bear 3X Shares
Data updated: 2026-09-28
HIBS returned −53.86% year to date and −70.51% over one year to Jul 2026. Annualised returns are −56.43% over 3 years and −53.60% over 5 years. The fund trailed its Trading - Inverse category average: $100 invested three years ago grew to $8, against $39 for the category, and to $29 over one year, against $73. Volatility over the past three years was 67.51% a year. In the 12 months to Jul 2026 the fund took in a net $27.2M, and assets reached $22.59M.
HIBS Growth of $100
What $100 invested in Direxion Daily S&P 500 High Beta Bear 3X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | HIBS | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $29 | $73 |
| 3 years (Aug 2023 – Jul 2026) | $8 | $39 |
| 5 years (Aug 2021 – Jul 2026) | $2 | $35 |
| Since data start (Nov 2019 – Jul 2026) | $0 | $12 |
HIBS Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −53.86% |
| 1 year | −70.51% |
| 3 years (annualised) | −56.43% |
| 5 years (annualised) | −53.60% |
HIBS Annual Returns
Calendar-year total returns of Direxion Daily S&P 500 High Beta Bear 3X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −53.86% |
| 2025 | −72.60% |
| 2024 | −26.57% |
| 2023 | −62.96% |
| 2022 | −7.59% |
| 2021 | −75.24% |
| 2020 | −91.58% |
| 2019 (Nov–Dec) | −20.53% |
HIBS Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −10.8% | −7.5% | +14.6% | −36.8% | −29.5% | −17.0% | +31.9% | — | — | — | — | — |
| 2025 | −9.8% | +14.5% | +29.9% | −27.1% | −29.2% | −27.7% | −14.4% | −6.5% | −13.1% | −14.8% | +2.5% | −9.9% |
| 2024 | +7.6% | −13.8% | −11.6% | +22.2% | −3.7% | −4.4% | −9.2% | +0.2% | −12.8% | +9.4% | −19.9% | +14.4% |
| 2023 | −37.8% | +4.6% | 0.0% | +12.4% | −7.8% | −27.6% | −14.8% | +18.6% | +27.3% | +29.2% | −33.6% | −31.2% |
| 2022 | +15.0% | −8.5% | −9.9% | +36.2% | −14.7% | +40.8% | −38.9% | +11.4% | +35.1% | −26.9% | −30.5% | +27.6% |
| 2021 | −3.4% | −42.2% | −15.1% | −15.0% | −16.4% | +1.1% | +7.5% | −10.1% | +3.5% | −20.4% | +5.5% | −13.5% |
| 2020 | +11.8% | +27.9% | +22.1% | −51.8% | −35.0% | −33.1% | −11.0% | −21.0% | +10.0% | −10.1% | −58.0% | −21.2% |
| 2019 | — | — | — | — | — | — | — | — | — | — | −5.3% | −16.1% |
HIBS Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 67.51%
- 3-year Sharpe ratio: -0.90 (vs 4.5% risk-free rate)
- Best month: +31.93% (Jul 2026)
- Worst month: −36.81% (Apr 2026)
HIBS Fund Flows
Monthly money in and out of Direxion Daily S&P 500 High Beta Bear 3X Shares, from SEC Form N-PORT.
- 12-month net flow: $27.2M
- 12-month gross sales (incl. reinvestments): $86.3M
- Sales ÷ redemptions: 1.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $7.5M | $8.1M | −$578K |
| Jun 2026 | $9.4M | $4.2M | $5.2M |
| May 2026 | $6.2M | $3.8M | $2.4M |
| Apr 2026 | $2.0M | $0 | $2.0M |
| Mar 2026 | $5.9M | $5.1M | $810K |
| Feb 2026 | $15.0M | $9.0M | $6.0M |
| Jan 2026 | $645K | $2.7M | −$2.0M |
| Dec 2025 | $2.5M | $5.9M | −$3.4M |
| Nov 2025 | $9.0M | $6.8M | $2.2M |
| Oct 2025 | $9.2M | $4.8M | $4.3M |
| Sep 2025 | $8.3M | $657K | $7.6M |
| Aug 2025 | $10.7M | $8.0M | $2.7M |
HIBS Assets Under Management
Net assets of Direxion Daily S&P 500 High Beta Bear 3X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $22.59M |
| 2026-04-30 | $19.04M |
| 2026-01-31 | $20.14M |
| 2025-10-31 | $29.39M |
| 2025-07-31 | $26.40M |
| 2025-04-30 | $23.47M |
| 2025-01-31 | $20.17M |
| 2024-10-31 | $30.89M |
| 2024-07-31 | $26.06M |
| 2024-04-30 | $38.27M |
| 2024-01-31 | $45.94M |
| 2023-10-31 | $61.62M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.