HCM Tactical Enhanced US ETF (HCMT)

NYSE Arca: HCMTExchange-traded fund from Direxion Funds.

Expense ratio1.17%
Net assets$582.1M
Dividend yield0.46%
1-year return+9.87%
Holdings502

HCMT ETF price chart

HCMT quote & trading statistics

HCMT performance

Total return · as of October 17, 2026

YTD+5.59%
1 year+9.87%
3 years+18.54%/yr

1Y volatility: 21.32%
3Y volatility: 23.08%
3Y Sharpe ratio: 0.80

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

HCMT top 10 holdings

HCM Tactical Enhanced US ETF largest holdings by weight
#	Symbol	Name	Weight
1	NVDA	NVIDIA Corporation	3.25%
2	AAPL	Apple Inc.	3.19%
3	MSFT	Microsoft Corporation	2.61%
4	AMZN	Amazon.com Inc	1.62%
5	GOOGL	Alphabet Inc Class A	1.33%
6	AVGO	Broadcom Inc	1.04%
7	META	Meta Platforms Inc.	1.02%
8	GOOG	Alphabet Inc Class C	1.00%
9	TSLA	Tesla Inc	0.66%
10	MU	Micron Technology Inc	0.63%

The top 10 holdings make up 16.3% of the fund (502 holdings in total). As of October 17, 2026.

HCMT sector weights

Technology

38.4%

Financial Services

10.9%

Communication Services

10.2%

Healthcare

9.1%

Consumer Cyclical

8.5%

Industrials

7.1%

Consumer Defensive

4.4%

Energy

3.6%

Utilities

1.9%

Real Estate

1.7%

Basic Materials

1.6%

HCMT region weights

North America

96.9%

Europe Developed

0.3%

Asia Emerging

0.1%

Latin America

0.1%

HCMT asset allocation

Other

53.5%

U.S. stocks

40.8%

Cash

3.8%

Non-U.S. stocks

0.2%

HCMT market-cap breakdown

Mega cap

19.4%

Large cap

14.9%

Mid cap

8.2%

Small cap

0.5%

About HCM Tactical Enhanced US ETF

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

HCMT ETF FAQ

What is the HCMT expense ratio?

HCM Tactical Enhanced US ETF has a net expense ratio of 1.17%, or $117.00 a year for every $10,000 invested.

How much money is in HCMT?

HCM Tactical Enhanced US ETF has about $582.1M in net assets.

What are the top holdings of HCMT?

The largest positions in HCMT are NVIDIA Corporation (3.25%), Apple Inc. (3.19%), Microsoft Corporation (2.61%). The fund holds 502 securities in total.

How has HCMT performed?

HCMT returned +9.87% over the past year, including reinvested distributions.

Does HCMT pay dividends?

HCMT has a dividend yield of 0.46%.

When was HCMT launched?

HCM Tactical Enhanced US ETF began trading on June 21, 2023.

ETFs similar to HCMT

Funds that track the same index or whose top-10 holdings overlap most with HCMT's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.

ETFs with holdings most similar to HCMT, compared by expense ratio, assets and 1-year return
Symbol	Fund	Overlap	Expense ratio	Net assets	1-year return
HCMT	HCM Tactical Enhanced US ETF	—	1.17%	$582.1M	+9.87%
SPUU	Direxion Daily S&P 500 Bull 2X Shares	93%	0.60%	$284.4M	+27.70%
ITDD	Ishares Lifepath Target Date 2040 ETF	93%	0.11%	$123.2M	+12.01%
ITDE	Ishares Lifepath Target Date 2045 ETF	93%	0.10%	$108.4M	+12.91%
AOA	iShares Core Aggressive Allocation ETF	91%	0.15%	$3.33B	+12.94%
UPRO	ProShares UltraPro S&P500	89%	0.91%	$5.40B	+38.45%
ITDF	Ishares Lifepath Target Date 2050 ETF	85%	0.10%	$100.1M	+15.06%
AOR	iShares Core Growth Allocation ETF	83%	0.15%	$3.99B	+8.87%
TQQQ	ProShares UltraPro QQQ	82%	0.89%	$39.59B	+33.65%