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HCMT vs HEQT

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

HCMT

Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF

Direxion Funds

Annual cost

1.18%

Fund size

$551M

HEQT

Simplify Hedged Equity ETF

Simplify Asset Management

Annual cost

0.43%

Fund size

$321M

Key differences

  • HEQT costs 0.75% less per year.
  • HCMT is classified as equity, while HEQT is alternative — different risk/return profiles.
  • HCMT follows a tactical allocation strategy; HEQT uses option income.

Side-by-side comparison

HCMTHEQT
Annual cost (TER)1.18%0.43%
Fund size (AUM)$551M$321M
Since20232021
Dividend yield0.43%1.21%
Asset classequityalternative
Regionnorth americanorth america
Strategytactical allocationoption income
CAGR 1Y+42.3%+15.3%
CAGR 3YN/A+13.9%
CAGR 5YN/AN/A
Sharpe 3YN/A1.24
Volatility 1Y24.51%6.50%
Max drawdown-36.26%-11.51%

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

Similar to HCMT and HEQT