HCMT vs. TOLZ
Compare and contrast key facts about Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ).
HCMT and TOLZ 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. TOLZ is a passively managed fund by ProShares that tracks the performance of the Dow Jones Brookfield Global Infrastructure Composite Index. It was launched on Mar 25, 2014.
Performance
HCMT vs. TOLZ - Performance Comparison
Loading graphics...
HCMT vs. TOLZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HCMT Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF | -8.58% | 7.39% | 39.14% | 5.67% |
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 11.27% | 14.76% | 11.67% | 4.71% |
Returns By Period
In the year-to-date period, HCMT achieves a -8.58% return, which is significantly lower than TOLZ's 11.27% return.
HCMT
- 1D
- -0.03%
- 1M
- -6.60%
- YTD
- -8.58%
- 6M
- -5.95%
- 1Y
- 17.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TOLZ
- 1D
- 0.38%
- 1M
- -2.88%
- YTD
- 11.27%
- 6M
- 12.10%
- 1Y
- 18.59%
- 3Y*
- 13.80%
- 5Y*
- 10.31%
- 10Y*
- 8.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HCMT vs. TOLZ - Expense Ratio Comparison
HCMT has a 1.17% expense ratio, which is higher than TOLZ's 0.46% expense ratio.
Return for Risk
HCMT vs. TOLZ — Risk / Return Rank
HCMT
TOLZ
HCMT vs. TOLZ - 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 ProShares DJ Brookfield Global Infrastructure ETF (TOLZ). 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.
| HCMT | TOLZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 1.44 | -0.86 |
Sortino ratioReturn per unit of downside risk | 0.91 | 1.94 | -1.03 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.28 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.89 | 2.14 | -1.25 |
Martin ratioReturn relative to average drawdown | 2.48 | 10.58 | -8.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HCMT | TOLZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.44 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.75 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.42 | +0.07 |
Correlation
The correlation between HCMT and TOLZ is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HCMT vs. TOLZ - Dividend Comparison
HCMT's dividend yield for the trailing twelve months is around 0.46%, less than TOLZ's 3.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCMT Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF | 0.46% | 0.43% | 2.75% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 3.66% | 3.99% | 3.53% | 3.34% | 3.01% | 3.28% | 3.16% | 2.96% | 3.63% | 3.30% | 2.62% | 3.67% |
Drawdowns
HCMT vs. TOLZ - Drawdown Comparison
The maximum HCMT drawdown since its inception was -36.26%, smaller than the maximum TOLZ drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for HCMT and TOLZ.
Loading graphics...
Drawdown Indicators
| HCMT | TOLZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.26% | -39.33% | +3.07% |
Max Drawdown (1Y)Largest decline over 1 year | -19.31% | -8.82% | -10.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.33% | — |
Current DrawdownCurrent decline from peak | -13.50% | -3.16% | -10.34% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -6.70% | -1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.93% | 1.79% | +5.14% |
Volatility
HCMT vs. TOLZ - Volatility Comparison
Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) has a higher volatility of 7.70% compared to ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) at 3.63%. This indicates that HCMT's price experiences larger fluctuations and is considered to be riskier than TOLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HCMT | TOLZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.70% | 3.63% | +4.07% |
Volatility (6M)Calculated over the trailing 6-month period | 20.08% | 7.29% | +12.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.73% | 12.97% | +16.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.03% | 13.90% | +15.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.03% | 16.30% | +12.73% |