# Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) — Overview

HIBS · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/hibs

## Price

Last close $19.24 on Oct 15, 2026. 52-week range $15.22 – $72.50.

## Fund profile

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

| Metric | Value |
| --- | --- |
| Issuer | Rafferty Asset Management, LLC |
| Industry | — |
| Inception | Nov 7, 2019 |
| Assets under management | $24.0M |
| Expense ratio | 1.06% |
| Net asset value | $19.26 (as of Oct 15, 2026) |
| Distributions | Quarterly |
| Leverage | 3x |

## Frequently Asked Questions

### What is Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS)?

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

### What is HIBS's expense ratio?

Direxion Daily S&P 500 High Beta Bear 3X ETF charges an annual expense ratio of 1.06%. The fund is issued by Rafferty Asset Management, LLC.

### How large is HIBS?

Direxion Daily S&P 500 High Beta Bear 3X ETF manages $24.0M in assets and has traded since Nov 7, 2019.

### How do I buy shares of Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS)?

HIBS trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).