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HCMT vs FHEQ

Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF vs Fidelity Hedged Equity ETF

HCMT

Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF

Direxion Funds

Annual cost

1.18%

Fund size

$551M

FHEQ

Fidelity Hedged Equity ETF

Fidelity Investments

Annual cost

0.48%

Fund size

$829M

Key differences

  • FHEQ costs 0.70% less per year.
  • HCMT is classified as equity, while FHEQ is alternative — different risk/return profiles.

Side-by-side comparison

HCMTFHEQ
Annual cost (TER)1.18%0.48%
Fund size (AUM)$551M$829M
Since20232024
Dividend yield0.43%0.61%
Asset classequityalternative
Regionnorth america
Strategytactical allocationtactical allocation
CAGR 1Y+42.3%+21.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y24.51%9.52%
Max drawdown-36.26%-11.12%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HCMT and FHEQ