Mis on Direxion Daily S&P 500 High Beta Bear 3X ETF ISIN?

Direxion Daily S&P 500 High Beta Bear 3X ETF ISIN on US25461H5569.

What does leveraged daily exposure mean for Direxion Daily S&P 500 High Beta Bear 3X ETF?

Direxion Daily S&P 500 High Beta Bear 3X ETF aims to deliver 3 times the daily return of SPY (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect Direxion Daily S&P 500 High Beta Bear 3X ETF?

Volatility decay (also called compounding drag) occurs because Direxion Daily S&P 500 High Beta Bear 3X ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) Kursus

Direxion Daily S&P 500 High Beta Bear 3X ETF Kursus

—EUR

PRO

TER1,06 %

AUM26,95 M USD

IndexS&P 500 High Beta Index

ValuutaUSD

Fondi käivitus7.11.2019

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Aluseks

SPY

SPY3X Short Daily

SPY

Direxion Daily S&P 500 High Beta Bear 3X ETF pakub 3X vastupidineigapäevast kokkupuudet SPY-ga.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.