HCMT vs. GXLC
HCMT (Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. HCMT is actively managed, while GXLC is passively managed. Their correlation of 0.89 means they have usually moved in the same direction. HCMT charges 1.17%/yr vs 0.02%/yr for GXLC.
Performance
HCMT vs. GXLC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HCMT achieves a 1.23% return, which is significantly lower than GXLC's 10.06% return.
HCMT
- 1D
- 1.39%
- 1M
- -2.68%
- 6M
- -0.37%
- YTD
- 1.23%
- 1Y
- 19.31%
- 3Y*
- 14.07%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.57%
GXLC
- 1D
- 0.86%
- 1M
- 0.20%
- 6M
- 8.81%
- YTD
- 10.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.98K | $20.23K | $17.31K | |
| $1.31M | $1.90M | $1.82M |
HCMT vs. GXLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HCMT Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF | 1.23% | 3.62% |
GXLC Global X U.S. 500 ETF | 10.06% | 3.22% |
Correlation
The correlation between HCMT and GXLC is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025 | 0.89 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HCMT vs. GXLC — Risk / Return Rank
HCMT
GXLC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HCMT vs. GXLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) and Global X U.S. 500 ETF (GXLC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HCMT | GXLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.11 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | — | — |
| Martin ratioReturn relative to average drawdown | 2.28 | — | — |
Loading charts...
Drawdowns
HCMT vs. GXLC - Drawdown Comparison
The maximum HCMT drawdown since its inception was -36.26%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for HCMT and GXLC.
Loading charts...
Drawdown Indicators
| HCMT | GXLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.26% | -9.08% | -27.18% |
Max Drawdown (1Y)Largest decline over 1 year | -15.58% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -36.26% | — | — |
Current DrawdownCurrent decline from peak | -9.75% | -1.48% | -8.27% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -1.58% | -6.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.71% | — | — |
Volatility
HCMT vs. GXLC - Volatility Comparison
Loading charts...
Volatility by Period
| HCMT | GXLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.49% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.76% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.43% | 13.60% | +14.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.28% | 13.60% | +15.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.28% | 13.60% | +15.68% |
HCMT vs. GXLC - Expense Ratio Comparison
HCMT has a 1.17% expense ratio, which is higher than GXLC's 0.02% expense ratio.
Dividends
HCMT vs. GXLC - Dividend Comparison
HCMT's dividend yield for the trailing twelve months is around 0.61%, less than GXLC's 0.64% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GXLC Global X U.S. 500 ETF | 0.64% | 0.30% | 0.00% | 0.00% |
HCMT Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF | 0.61% | 0.43% | 2.75% | 0.63% |
Frequently Asked Questions
HCMT and GXLC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXLC is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXLC is cheaper with a 0.02% expense ratio, compared with 1.17% for HCMT.
GXLC has the higher dividend yield at 0.64%, compared with 0.61% for HCMT.
They also come from different issuers: Direxion and Global X. Their fees differ too: 1.17% for HCMT and 0.02% for GXLC.
Find the right allocation for HCMT and GXLC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer