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HCMT vs IDEF

Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF vs iShares Defense Industrials Act

HCMT

Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF

Direxion Funds

Annual cost

1.18%

Fund size

$551M

IDEF

iShares Defense Industrials Act

BlackRock

Annual cost

0.55%

Fund size

$3.5B

Key differences

  • IDEF costs 0.63% less per year.
  • IDEF is significantly larger than HCMT — larger funds tend to be more liquid and less likely to close.
  • HCMT covers north america markets; IDEF covers global.
  • HCMT follows a tactical allocation strategy; IDEF uses index tracking.

Side-by-side comparison

HCMTIDEF
Annual cost (TER)1.18%0.55%
Fund size (AUM)$551M$3.5B
Since20232025
Dividend yield0.43%
Asset classequityequity
Regionnorth americaglobal
Strategytactical allocationindex tracking
CAGR 1Y+42.3%+31.1%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y24.51%20.65%
Max drawdown-36.26%-14.63%

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

Similar to HCMT and IDEF