MODL vs. HCMDX
Compare and contrast key facts about Victoryshares Westend U.S. Sector ETF (MODL) and HCM Tactical Growth Fund (HCMDX).
MODL is an actively managed fund by VictoryShares. It was launched on Oct 11, 2022. HCMDX is managed by Howard Capital Management. It was launched on Jul 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MODL or HCMDX.
Performance
MODL vs. HCMDX - Performance Comparison
Returns By Period
In the year-to-date period, MODL achieves a 24.84% return, which is significantly lower than HCMDX's 30.22% return.
MODL
24.84%
1.19%
11.39%
30.42%
N/A
N/A
HCMDX
30.22%
1.87%
14.33%
40.47%
17.63%
11.50%
Key characteristics
| MODL | HCMDX | |
|---|---|---|
| Sharpe Ratio | 2.56 | 1.69 |
| Sortino Ratio | 3.46 | 2.19 |
| Omega Ratio | 1.46 | 1.30 |
| Calmar Ratio | 3.88 | 1.37 |
| Martin Ratio | 17.05 | 7.25 |
| Ulcer Index | 1.78% | 5.46% |
| Daily Std Dev | 11.84% | 23.46% |
| Max Drawdown | -10.05% | -41.69% |
| Current Drawdown | -1.56% | -3.60% |
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MODL vs. HCMDX - Expense Ratio Comparison
MODL has a 0.46% expense ratio, which is lower than HCMDX's 2.84% expense ratio.
Correlation
The correlation between MODL and HCMDX is 0.88, 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
MODL vs. HCMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victoryshares Westend U.S. Sector ETF (MODL) 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.
Dividends
MODL vs. HCMDX - Dividend Comparison
MODL's dividend yield for the trailing twelve months is around 0.84%, while HCMDX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MODL Victoryshares Westend U.S. Sector ETF | 0.84% | 1.03% | 0.39% |
HCMDX HCM Tactical Growth Fund | 0.00% | 0.00% | 0.00% |
Drawdowns
MODL vs. HCMDX - Drawdown Comparison
The maximum MODL drawdown since its inception was -10.05%, smaller than the maximum HCMDX drawdown of -41.69%. Use the drawdown chart below to compare losses from any high point for MODL and HCMDX. For additional features, visit the drawdowns tool.
Volatility
MODL vs. HCMDX - Volatility Comparison
The current volatility for Victoryshares Westend U.S. Sector ETF (MODL) is 3.84%, while HCM Tactical Growth Fund (HCMDX) has a volatility of 9.55%. This indicates that MODL 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.