LGH vs. HCMDX

Last updated Apr 1, 2026

Compare and contrast key facts about HCM Defender 500 Index ETF (LGH) and HCM Tactical Growth Fund (HCMDX).

LGH is a passively managed fund by Howard Capital Management that tracks the performance of the HCM Defender 500 Index. It was launched on Oct 10, 2019. HCMDX is managed by Howard Capital Management. It was launched on Jul 30, 2014.

Performance

LGH vs. HCMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCM Defender 500 Index ETF (LGH) and HCM Tactical Growth Fund (HCMDX). The values are adjusted to include any dividend payments, if applicable.

LGH vs. HCMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LGH HCM Defender 500 Index ETF	-8.09%	19.47%	27.00%	24.19%	-27.37%	39.92%	18.51%	11.06%
HCMDX HCM Tactical Growth Fund	-11.97%	16.55%	49.90%	32.05%	-39.00%	38.72%	52.10%	16.52%

Returns By Period

In the year-to-date period, LGH achieves a -8.09% return, which is significantly higher than HCMDX's -11.97% return.

LGH

• 1D: 1.22%
• 1M: -7.47%
• YTD: -8.09%
• 6M: -5.33%
• 1Y: 18.41%
• 3Y*: 18.05%
• 5Y*: 9.99%
• 10Y*: —

HCMDX

• 1D: -0.58%
• 1M: -8.53%
• YTD: -11.97%
• 6M: -9.93%
• 1Y: 21.88%
• 3Y*: 23.84%
• 5Y*: 10.47%
• 10Y*: 16.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LGH vs. HCMDX - Expense Ratio Comparison

LGH has a 1.23% expense ratio, which is lower than HCMDX's 2.84% expense ratio.

HCMDX

HCM Tactical Growth Fund

LGH

HCM Defender 500 Index ETF

Return for Risk

LGH vs. HCMDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LGH

LGH Risk / Return Rank: 59
LGH Sharpe Ratio Rank: 58
LGH Sortino Ratio Rank: 56
LGH Omega Ratio Rank: 51
LGH Calmar Ratio Rank: 67
LGH Martin Ratio Rank: 60

HCMDX

HCMDX Risk / Return Rank: 38
HCMDX Sharpe Ratio Rank: 45
HCMDX Sortino Ratio Rank: 45
HCMDX Omega Ratio Rank: 37
HCMDX Calmar Ratio Rank: 35
HCMDX Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LGH vs. HCMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCM Defender 500 Index ETF (LGH) and HCM Tactical Growth Fund (HCMDX). 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.

	LGH	HCMDX	Difference
Sharpe ratio Return per unit of total volatility	1.03	0.90	+0.12
Sortino ratio Return per unit of downside risk	1.45	1.33	+0.13
Omega ratio Gain probability vs. loss probability	1.19	1.17	+0.02
Calmar ratio Return relative to maximum drawdown	1.69	0.96	+0.74
Martin ratio Return relative to average drawdown	5.98	3.01	+2.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGH vs. HCMDX - Sharpe Ratio Comparison

The current LGH Sharpe Ratio is 1.03, which is comparable to the HCMDX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of LGH and HCMDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LGH	HCMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	0.90	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.43	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.57	+0.13

Correlation

The correlation between LGH and HCMDX is 0.91, 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.

Dividends

LGH vs. HCMDX - Dividend Comparison

LGH's dividend yield for the trailing twelve months is around 0.42%, less than HCMDX's 3.38% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGH HCM Defender 500 Index ETF	0.42%	0.38%	0.40%	0.63%	0.61%	0.14%	0.23%	0.01%	0.00%	0.00%	0.00%	0.00%
HCMDX HCM Tactical Growth Fund	3.38%	2.98%	23.23%	0.00%	0.72%	0.99%	3.24%	0.00%	5.05%	0.00%	0.00%	1.47%

Drawdowns

LGH vs. HCMDX - Drawdown Comparison

The maximum LGH drawdown since its inception was -29.60%, smaller than the maximum HCMDX drawdown of -40.89%. Use the drawdown chart below to compare losses from any high point for LGH and HCMDX.

Drawdown Indicators

	LGH	HCMDX	Difference
Max Drawdown Largest peak-to-trough decline	-29.60%	-40.89%	+11.29%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-17.00%	+5.71%
Max Drawdown (5Y) Largest decline over 5 years	-29.38%	-40.89%	+11.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.89%	—
Current Drawdown Current decline from peak	-10.20%	-17.00%	+6.80%
Average Drawdown Average peak-to-trough decline	-9.57%	-11.50%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	5.40%	-2.20%

Volatility

LGH vs. HCMDX - Volatility Comparison

The current volatility for HCM Defender 500 Index ETF (LGH) is 5.16%, while HCM Tactical Growth Fund (HCMDX) has a volatility of 7.33%. This indicates that LGH experiences smaller price fluctuations and is considered to be less risky than HCMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGH	HCMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	7.33%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	12.57%	18.58%	-6.01%
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	24.01%	-5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.68%	24.23%	-7.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.95%	24.08%	-4.13%