Direxion Daily S&P 500® High Beta Bull 3X Shares
HIBL
$46.68
$1.473.25%
Rating
Reward
Risk
Fund Information
Fund Type
ETF
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
None
Top Holdings
Similar ETFs
Performance
Beta
--
7-Day Total Return
30-Day Total Return
60-Day Total Return
90-Day Total Return
Year to Date Total Return
1-Year Total Return
2-Year Total Return
3-Year Total Return
5-Year Total Return
Last Bull Market Total Return
Last Bear Market Total Return
Forward Dividend Yield
Price
1-Month Low
1-Month High
52-Week Low
52-Week High
NAV
1-Month Low
1-Month High
52-Week Low
52-Week High
Company Information
Provider
Direxion Funds
Manager/Tenure
(Years)
(Years)
Paul Brigandi (5), Tony Ng (5)
Website
Address
Direxion Funds
1301 Avenue Of The Americas ( 6th Avenue)
New York NY - 10019
1301 Avenue Of The Americas ( 6th Avenue)
New York NY - 10019
Country
United States
Phone Number
646-572-3390
Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500® High Beta Index. The index is provided by S&P Dow Jones Indices. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.