HCMT vs. SCHD
Compare and contrast key facts about Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) and Schwab US Dividend Equity ETF (SCHD).
HCMT and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HCMT is an actively managed fund by Direxion. It was launched on Jun 21, 2023. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCMT or SCHD.
Key characteristics
| HCMT | SCHD | |
|---|---|---|
| YTD Return | 43.10% | 17.47% |
| 1Y Return | 59.29% | 27.61% |
| Sharpe Ratio | 2.30 | 2.70 |
| Sortino Ratio | 2.83 | 3.89 |
| Omega Ratio | 1.39 | 1.48 |
| Calmar Ratio | 3.11 | 3.71 |
| Martin Ratio | 11.55 | 14.94 |
| Ulcer Index | 5.65% | 2.04% |
| Daily Std Dev | 28.40% | 11.25% |
| Max Drawdown | -20.99% | -33.37% |
| Current Drawdown | -0.60% | -0.51% |
Correlation
The correlation between HCMT and SCHD is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HCMT vs. SCHD - Performance Comparison
In the year-to-date period, HCMT achieves a 43.10% return, which is significantly higher than SCHD's 17.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HCMT vs. SCHD - Expense Ratio Comparison
HCMT has a 1.17% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
HCMT vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) and Schwab US Dividend Equity ETF (SCHD). 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
HCMT vs. SCHD - Dividend Comparison
HCMT's dividend yield for the trailing twelve months is around 0.75%, less than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCMT Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF | 0.75% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
HCMT vs. SCHD - Drawdown Comparison
The maximum HCMT drawdown since its inception was -20.99%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for HCMT and SCHD. For additional features, visit the drawdowns tool.
Volatility
HCMT vs. SCHD - Volatility Comparison
Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) has a higher volatility of 8.24% compared to Schwab US Dividend Equity ETF (SCHD) at 3.49%. This indicates that HCMT's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.