Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT)
HCMT is an actively managed ETF by Direxion. HCMT launched on Jun 21, 2023 and has a 1.17% expense ratio.
ETF Info
| ISIN | US25461A7265 |
|---|---|
| Issuer | Direxion |
| Inception Date | Jun 21, 2023 |
| Category | Large Cap Blend Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
HCMT has a high expense ratio of 1.17%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF had a return of 43.10% year-to-date (YTD) and 59.29% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 43.10% | 25.48% |
| 1 month | 3.92% | 2.14% |
| 6 months | 20.88% | 12.76% |
| 1 year | 59.29% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of HCMT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.89% | 9.43% | 3.36% | -9.08% | 10.49% | 9.76% | -2.28% | 2.18% | 3.87% | -2.50% | 43.10% | ||
| 2023 | 2.44% | 5.43% | -3.30% | -10.08% | -2.22% | 5.95% | 8.60% | 5.67% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HCMT is 66, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF provided a 0.75% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.28 | $0.17 |
Dividend yield | 0.75% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.18 | |
| 2023 | $0.06 | $0.00 | $0.00 | $0.11 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF was 20.99%, occurring on Aug 5, 2024. Recovery took 66 trading sessions.
The current Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF drawdown is 0.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.99% | Jul 11, 2024 | 18 | Aug 5, 2024 | 66 | Nov 6, 2024 | 84 |
| -16.15% | Jul 20, 2023 | 82 | Nov 13, 2023 | 45 | Jan 19, 2024 | 127 |
| -11.87% | Mar 22, 2024 | 20 | Apr 19, 2024 | 18 | May 15, 2024 | 38 |
| -4.12% | Feb 12, 2024 | 7 | Feb 21, 2024 | 1 | Feb 22, 2024 | 8 |
| -3.94% | Jan 30, 2024 | 2 | Jan 31, 2024 | 2 | Feb 2, 2024 | 4 |
Volatility
Volatility Chart
The current Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF volatility is 8.24%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.