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 245 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.89B | Mar 2019 | HCMT vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.50M | Sep 2025 | HCMT vs GXLC | |
| Schwab 1000 Index ETF | 0.03% | 5.72B | Oct 2017 | HCMT vs SCHK | |
| Franklin U.S. Equity Index ETF | 0.03% | 2.00B | Jun 2016 | HCMT vs USPX | |
| Schwab U.S. Broad Market ETF | 0.03% | 43.26B | Nov 2009 | HCMT vs SCHB |
Best Risk-Adjusted Alternatives to HCMT
HCMT has a PortfoliosLab risk / return rank of 26. There are 192 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | 96 | 12.36M | Sep 2022 | HCMT vs AVIE | |
| Invesco RAFI Strategic US ETF | 96 | 927.09M | Sep 2018 | HCMT vs IUS | |
| ARS Focused Opportunities Strategy ETF | 94 | 293.98M | Jun 2025 | HCMT vs AFOS | |
| PIMCO RAFI ESG U.S. ETF | 93 | 160.47M | Dec 2019 | HCMT vs RAFE | |
| Essential 40 Stock ETF | 93 | 180.66M | Jun 2014 | HCMT vs ESN |
Top Performing HCMT Alternatives (YTD)
HCMT is at 1.23% YTD. There are 221 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 33.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 33.68% | 33.11M | Nov 2023 | HCMT vs NRSH | |
| Return Stacked US Stocks & Futures Yield ETF | 29.79% | — | May 2024 | HCMT vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 27.82% | 293.98M | Jun 2025 | HCMT vs AFOS | |
| Mohr Company Nav ETF | 24.51% | — | Sep 2024 | HCMT vs CNAV | |
| First Trust Bloomberg Inflation Sensitive Equity E... | 24.04% | 5.62M | Mar 2023 | HCMT vs FTIF |
Lowest Volatility Alternatives to HCMT
HCMT has 28.43% 1-year volatility. There are 244 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 7.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Azoria 500 Meritocracy ETF | 7.57% | — | Jul 2025 | HCMT vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | 9.05% | 402.23M | May 2020 | HCMT vs SIXA | |
| Liberty One Spectrum ETF | 9.38% | 65.78M | Sep 2025 | HCMT vs SPCT | |
| ALPS Equal Sector Weight ETF | 9.50% | 744.97M | Jul 2009 | HCMT vs EQL | |
| T. Rowe Price Dividend Growth ETF | 9.74% | 1.42B | Aug 2020 | HCMT vs TDVG |
Lowest Drawdown Alternatives to HCMT
HCMT has a 1-year max drawdown of -15.58%. There are 195 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.97%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | -4.97% | 12.36M | 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 | |
| Invesco RAFI Strategic US ETF | -6.15% | 927.09M | Sep 2018 | HCMT vs IUS | |
| ALPS Equal Sector Weight ETF | -6.19% | 744.97M | Jul 2009 | HCMT vs EQL |
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 $20B.
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