Direxion FundsLarge BlendHCMT · NYSE Arca

Direxion HCM Tactical Enhanced US ETF (HCMT)

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Price: $41.14; —11 Sept 2026
Assets: $599.8M; Total net assets
Expense ratio: 1.18%; Category 0.72%
Yield: 0.56%; Trailing distributions

1Y return: 15.2%-0.4%; Category 15.6%
3Y CAGR: 17.9%-1.3%; Category 19.2%
5Y CAGR: —; Category 11.4%

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Direxion HCM Tactical Enhanced US ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.3%	+0.9%	+15.7%	+7.2%	+15.2%	+17.9%	—	—	+17.7%
Large Blend average	-1.7%	2.7%	14.8%	12.0%	15.6%	19.2%	11.4%	14.1%	14.5%
Difference	-0.6%	-1.8%	+0.9%	-4.8%	-0.4%	-1.3%	—	—	+3.3%

Holdings

The 4 largest positions make up 9.9% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
NVDA	NVIDIA Corp	3.26%
AAPL	Apple Inc	2.83%
MSFT	Microsoft Corp	2.29%
AMZN	Amazon.com Inc	1.55%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 24.8
P/B: 5.3
P/S: 3.7
P/CF: 19.0

Sector allocation

Share of the equity the fund holds.

Technology38.7%
Financial services12.1%
Communication services9.5%
Consumer discretionary9.3%
Health care9.3%
Industrials7.8%
Consumer staples4.5%
Energy3.5%
Utilities2.0%
Real estate1.8%
Materials1.7%

Asset mix

Other54.3%
Stocks40.3%
Cash5.4%

ETF details

Issuer: Direxion Funds
Category: Equity · Large Blend
Ticker: HCMT
Exchange: NYSE Arca
Inception: 21 Jun 2023 (3.2 years)
Structure: Exchange Traded Fund
Expense ratio: 1.18% (category 0.72%)
Holdings turnover: 36% (category 95%)
Distribution yield: 0.56%
Beta, 3 years: 1.60
Total net assets: $599.8M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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