HIBL provides exposure to a hyper-focused portfolio of companies. With only four holdings, the ETF's performance is heavily reliant on the success of these individual companies. The fund's strategy does not appear to be sector-specific, as its top holdings span across different industries, including technology, consumer discretionary, and financials. This concentrated approach differentiates HIBL from broader market ETFs, which typically hold hundreds or thousands of stocks across various sectors to achieve diversification. Investors seeking targeted exposure to a select few companies may find HIBL appealing, but should be aware of the increased risk associated with such a concentrated portfolio. The top holdings include Robinhood Markets Inc Class A (1.04%), Coinbase Global Inc Ordinary Shares - Class A (1.00%), Carvana Co Class A (0.94%), and Micron Technology Inc (0.89%).
HIBL (HIBL) ETF Analysis
HIBL is an ETF with a concentrated portfolio of just 4 holdings. The fund's top holdings include Robinhood Markets Inc Class A (HOOD), Coinbase Global Inc Ordinary Shares - Class A (COIN), Carvana Co Class A (CVNA), and Micron Technology Inc (MU). HIBL presents a high-beta investment option, indicated by its 3-year beta of 4.95, suggesting significant volatility relative to the broader market. Investors should note the fund's 0.00% dividend yield.
HIBL (HIBL) ETF — Price, Holdings & Analysis
HIBL is an ETF with a concentrated portfolio of just 4 holdings. The fund's top holdings include Robinhood Markets Inc Class A (HOOD), Coinbase Global Inc Ordinary Shares - Class A (COIN), Carvana Co Class A (CVNA), and Micron Technology Inc (MU). HIBL presents a high-beta investment option, indicated by its 3-year beta of 4.95, suggesting significant volatility relative to the broader market. Investors should note the fund's 0.00% dividend yield.
ETF Overview
Risk Metrics
HIBL's risk profile is significantly influenced by its concentrated portfolio and high beta. With only four holdings, the fund is highly susceptible to company-specific risks. A negative event impacting any of these companies could have a substantial impact on HIBL's overall performance. The fund's beta of 4.95 indicates that it is nearly five times more volatile than the market, meaning it is likely to experience larger price swings than a broad market index. The lack of dividend yield (0.00%) means investors are solely reliant on capital appreciation for returns, adding another layer of risk. Investors should carefully consider their risk tolerance before investing in HIBL, as its concentrated nature and high beta make it a potentially volatile investment.
Top Holdings
Dividend Yield
0.00%
Risk Metrics
- Beta: 4.95
Questions & Answers
What is HIBL and what does it track?
HIBL is an exchange-traded fund (ETF) characterized by its extremely concentrated portfolio, holding only four different stocks. The ETF's performance is therefore directly tied to the performance of these specific companies: Robinhood Markets Inc Class A, Coinbase Global Inc Ordinary Shares - Class A, Carvana Co Class A, and Micron Technology Inc. This concentrated approach means that HIBL's returns are not diversified across a broad market, making it a higher-risk investment compared to broader market ETFs. Investors should carefully consider whether this concentrated strategy aligns with their investment objectives and risk tolerance.
What is the expense ratio for HIBL?
The expense ratio for HIBL is not available in the provided data. However, it's important to consider the expense ratio of any ETF before investing, as it represents the annual cost of owning the fund. A higher expense ratio can erode returns over time, especially for long-term investments. Investors should compare HIBL's expense ratio to similar ETFs to determine if it is competitive.
What are the top holdings in HIBL?
HIBL is a very concentrated ETF, with only four holdings. The top holdings in HIBL are Robinhood Markets Inc Class A (HOOD) at 1.04%, Coinbase Global Inc Ordinary Shares - Class A (COIN) at 1.00%, and Carvana Co Class A (CVNA) at 0.94%. Micron Technology Inc (MU) comprises 0.89% of the fund. Given the fund's concentrated nature, the performance of these companies will heavily influence HIBL's overall return. Investors should research these companies to understand the potential risks and rewards associated with investing in HIBL.
Is HIBL a good long-term investment?
Whether HIBL is a suitable long-term investment depends on an investor's individual risk tolerance and investment goals. HIBL's concentrated portfolio and high beta of 4.95 suggest it is a higher-risk investment compared to broad market ETFs. The fund's performance is heavily reliant on the success of its four holdings, making it susceptible to company-specific risks. Past performance does not guarantee future results, and investors should carefully consider their ability to withstand potential losses before investing in HIBL for the long term.
How does HIBL compare to similar ETFs?
Without information on similar ETFs, a direct comparison is challenging. However, HIBL's defining characteristic is its highly concentrated portfolio of just four holdings. Most ETFs hold dozens or hundreds of stocks to achieve diversification. Investors should compare HIBL's expense ratio (if available) and performance to other ETFs with similar investment objectives to determine if it is a suitable investment. The ETF's high beta also suggests it may be more volatile than its peers.
Does HIBL pay dividends?
According to the provided data, HIBL has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with higher dividend yields. The lack of dividend payments means that investors are solely reliant on capital appreciation for returns from HIBL.