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HCMT vs LSEQ

Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF vs Harbor Long-Short Equity ETF

HCMT

Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF

Direxion Funds

Annual cost

1.18%

Fund size

$551M

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

Key differences

  • HCMT costs 1.10% less per year.
  • HCMT is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • HCMT is classified as equity, while LSEQ is alternative — different risk/return profiles.
  • HCMT follows a tactical allocation strategy; LSEQ uses long short.

Side-by-side comparison

HCMTLSEQ
Annual cost (TER)1.18%2.28%
Fund size (AUM)$551M$15M
Since20232023
Dividend yield0.43%1.78%
Asset classequityalternative
Regionnorth americanorth america
Strategytactical allocationlong short
CAGR 1Y+42.3%+19.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y24.51%14.96%
Max drawdown-36.26%-8.35%

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

Similar to HCMT and LSEQ