HCMDX vs. HCMT
Compare and contrast key facts about HCM Tactical Growth Fund (HCMDX) and Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT).
HCMDX is managed by Howard Capital Management. It was launched on Jul 30, 2014. HCMT is an actively managed fund by Direxion. It was launched on Jun 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCMDX or HCMT.
Performance
HCMDX vs. HCMT - Performance Comparison
Returns By Period
In the year-to-date period, HCMDX achieves a 30.22% return, which is significantly lower than HCMT's 38.68% return.
HCMDX
30.22%
1.87%
14.33%
40.47%
17.63%
11.50%
HCMT
38.68%
1.45%
16.63%
51.66%
N/A
N/A
Key characteristics
| HCMDX | HCMT | |
|---|---|---|
| Sharpe Ratio | 1.69 | 1.77 |
| Sortino Ratio | 2.19 | 2.29 |
| Omega Ratio | 1.30 | 1.31 |
| Calmar Ratio | 1.37 | 2.40 |
| Martin Ratio | 7.25 | 8.88 |
| Ulcer Index | 5.46% | 5.67% |
| Daily Std Dev | 23.46% | 28.45% |
| Max Drawdown | -41.69% | -20.99% |
| Current Drawdown | -3.60% | -3.67% |
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HCMDX vs. HCMT - Expense Ratio Comparison
HCMDX has a 2.84% expense ratio, which is higher than HCMT's 1.17% expense ratio.
Correlation
The correlation between HCMDX and HCMT is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
HCMDX vs. HCMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Tactical Growth Fund (HCMDX) and Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
HCMDX vs. HCMT - Dividend Comparison
HCMDX has not paid dividends to shareholders, while HCMT's dividend yield for the trailing twelve months is around 0.77%.
| TTM | 2023 | |
|---|---|---|
HCMDX HCM Tactical Growth Fund | 0.00% | 0.00% |
HCMT Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF | 0.77% | 0.63% |
Drawdowns
HCMDX vs. HCMT - Drawdown Comparison
The maximum HCMDX drawdown since its inception was -41.69%, which is greater than HCMT's maximum drawdown of -20.99%. Use the drawdown chart below to compare losses from any high point for HCMDX and HCMT. For additional features, visit the drawdowns tool.
Volatility
HCMDX vs. HCMT - Volatility Comparison
HCM Tactical Growth Fund (HCMDX) and Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) have volatilities of 9.55% and 9.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.