Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) belongs to the Large Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HCMT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HCMT
HCMT charges 1.17% annually. There are 246 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X U.S. 500 ETF | 0.02% | 4.56M | Sep 2025 | HCMT vs GXLC | |
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.68B | Mar 2019 | HCMT vs BBUS | |
| Franklin U.S. Equity Index ETF | 0.03% | 2.01B | Jun 2016 | HCMT vs USPX | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | 13.65B | Oct 2000 | HCMT vs SPTM | |
| Schwab U.S. Large-Cap ETF | 0.03% | 72.77B | Nov 2009 | HCMT vs SCHX |
Best Risk-Adjusted Alternatives to HCMT
HCMT has a PortfoliosLab risk / return rank of 31. There are 177 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARS Focused Opportunities Strategy ETF | 95 | 293.98M | Jun 2025 | HCMT vs AFOS | |
| Invesco RAFI Strategic US ETF | 94 | 894.46M | Sep 2018 | HCMT vs IUS | |
| Return Stacked US Stocks & Futures Yield ETF | 93 | — | May 2024 | HCMT vs RSSY | |
| Avantis Inflation Focused Equity ETF | 92 | 10.66M | Sep 2022 | HCMT vs AVIE | |
| PIMCO RAFI ESG U.S. ETF | 89 | 160.47M | Dec 2019 | HCMT vs RAFE |
Top Performing HCMT Alternatives (YTD)
HCMT is at 5.14% YTD. There are 207 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 40.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 40.20% | 33.11M | Nov 2023 | HCMT vs NRSH | |
| Mohr Company Nav ETF | 35.88% | — | Sep 2024 | HCMT vs CNAV | |
| Return Stacked US Stocks & Futures Yield ETF | 31.93% | — | May 2024 | HCMT vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 29.03% | 293.98M | Jun 2025 | HCMT vs AFOS | |
| iShares MSCI USA Momentum Factor ETF | 25.95% | 27.36B | Apr 2013 | HCMT vs MTUM |
Lowest Volatility Alternatives to HCMT
HCMT has 27.24% 1-year volatility. There are 247 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 6.37%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | 6.37% | 42.09M | May 2023 | HCMT vs BDGS | |
| Azoria 500 Meritocracy ETF | 7.68% | — | Jul 2025 | HCMT vs SPXM | |
| iShares MSCI USA Min Vol Factor ETF | 8.48% | 23.36B | Oct 2011 | HCMT vs USMV | |
| 6 Meridian Mega Cap Equity ETF | 8.87% | 402.23M | May 2020 | HCMT vs SIXA | |
| SEI Enhanced Low Volatility US Large Cap ETF | 9.26% | 168.13M | May 2022 | HCMT vs SELV |
Lowest Drawdown Alternatives to HCMT
HCMT has a 1-year max drawdown of -15.27%. There are 202 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.03%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | HCMT vs BDGS | |
| Avantis Inflation Focused Equity ETF | -4.97% | 10.66M | Sep 2022 | HCMT vs AVIE | |
| Azoria 500 Meritocracy ETF | -5.08% | — | Jul 2025 | HCMT vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | -5.59% | 402.23M | May 2020 | HCMT vs SIXA | |
| SEI Enhanced Low Volatility US Large Cap ETF | -5.92% | 168.13M | May 2022 | HCMT vs SELV |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $25B.
Often Compared With HCMT
Investors most often compare HCMT with VOO, QQQ, HCMPX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare HCMT with Any Fund or Stock
Compare HCMT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HCMT with funds that move differently
Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HCMT.
Explore HCMT Diversifiers