HCMDX vs. SPY
Compare and contrast key facts about HCM Tactical Growth Fund (HCMDX) and SPDR S&P 500 ETF (SPY).
HCMDX is managed by Howard Capital Management. It was launched on Jul 30, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCMDX or SPY.
Performance
HCMDX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, HCMDX achieves a 30.22% return, which is significantly higher than SPY's 25.41% return. Over the past 10 years, HCMDX has underperformed SPY with an annualized return of 11.50%, while SPY has yielded a comparatively higher 13.07% annualized return.
HCMDX
30.22%
1.87%
14.33%
40.47%
17.63%
11.50%
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| HCMDX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.69 | 2.62 |
| Sortino Ratio | 2.19 | 3.50 |
| Omega Ratio | 1.30 | 1.49 |
| Calmar Ratio | 1.37 | 3.78 |
| Martin Ratio | 7.25 | 17.00 |
| Ulcer Index | 5.46% | 1.87% |
| Daily Std Dev | 23.46% | 12.14% |
| Max Drawdown | -41.69% | -55.19% |
| Current Drawdown | -3.60% | -1.38% |
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HCMDX vs. SPY - Expense Ratio Comparison
HCMDX has a 2.84% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between HCMDX and SPY is 0.93, 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. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Tactical Growth Fund (HCMDX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
HCMDX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCMDX HCM Tactical Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
HCMDX vs. SPY - Drawdown Comparison
The maximum HCMDX drawdown since its inception was -41.69%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HCMDX and SPY. For additional features, visit the drawdowns tool.
Volatility
HCMDX vs. SPY - Volatility Comparison
HCM Tactical Growth Fund (HCMDX) has a higher volatility of 9.55% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that HCMDX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.