HCMTDirexion HCM Tactical Enhanced U.S. Equity Strategy ETF

Grow my money2y track recordRanked #1,748 of 2,960 in this goal

Seeks capital appreciation.

By Direxion Funds · Launched 2023

Annual Cost

1.18%

#5,226 of 5,562 · expensive

Fund Size

$629M

#1,399 of 5,562 · large

Return (1Y)Goal

+40.7%

Track Record

2 years

#3,045 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$14,091+40.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Tactical allocation

What it actually holds

By weight

Concentration

Top 10 holdings = 59.5% of fundmoderately concentrated

DREYFUS

15.6%

N/A

10.3%

NVIDIA Corp.

6.7%

Apple Inc.

5.5%

N/A

5.4%

Microsoft Corp.

5.3%

Amazon.com, Inc.

3.2%

DREYFUS GOVERNMENT CASH MANAGE

2.8%

Broadcom Inc

2.4%

Alphabet Inc.

2.2%

Asset allocation

Stocks

70.0%

Cash

22.0%

Other

8.0%

By sector

Technology

39.1%

Financial Services

11.1%

Communication

10.6%

Consumer Cyclical

9.9%

Healthcare

8.3%

Industrials

7.8%

Consumer Defensive

4.5%

Energy

3.1%

Other

5.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

26.1%High

Year-on-year price swings

Max drawdown

-36.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital appreciation.
Strategy: Actively managed to enhance returns correlated to U.S. equity markets using a proprietary quantitative model. Invests in U.S. equities and cash equivalents, leveraging up to 200% for enhanced returns.
Inception date: June 21, 2023
Fund family: Direxion Funds