ATLASDirexion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT): outlook, holdings and fees
Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF (HCMT) is an exchange-traded fund and is managed by Direxion Funds. The expense ratio is 1.17% and the yield is 0.46%. The ten largest holdings are 16% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on HCMT
| Last price | $38.98 (-5.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 50% |
| Likely 1-month range (50%) | $36.79 – $41.38 |
| Normal 1-day range (±1σ) | ±2.0% |
| Distribution yield | 0.46% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
HCMT fund facts
| Issuer | Direxion Funds |
|---|---|
| Theme | US large caps |
| Assets under management | $631M |
| Expense ratio | 1.17% |
| Number of holdings | 43 |
| Portfolio turnover | 23% |
| Inception | Jun 21, 2023 |
| Exchange | NYSE |
The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.
HCMT top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 3.42% |
| Apple Inc. AAPL | Technology | 2.94% |
| Microsoft Corporation MSFT | Technology | 2.33% |
| Amazon.com Inc AMZN | Consumer Cyclical | 1.51% |
| Alphabet Inc Class A GOOGL | Communication Services | 1.31% |
| Broadcom Inc AVGO | Technology | 1.09% |
| Alphabet Inc Class C GOOG | Communication Services | 1.01% |
| Meta Platforms Inc. META | Communication Services | 1.00% |
| Micron Technology Inc MU | Technology | 0.70% |
| Tesla Inc TSLA | Consumer Cyclical | 0.65% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
HCMT sector breakdown
| Sector | Weight |
|---|---|
| Technology | 41.0% |
| Financial Services | 11.2% |
| Communication Services | 9.4% |
| Consumer Cyclicals | 9.0% |
| Healthcare | 8.8% |
| Industrials | 7.7% |
| Consumer Defensive | 4.2% |
| Energy | 3.7% |
| Utilities | 1.8% |
| Real Estate | 1.7% |
| Basic Materials | 1.5% |
By region: North America 99.5%, Europe Developed 0.3%.
HCMT returns and risk
| Year to date | +13.7% |
|---|---|
| 1 year | +20.8% |
| 3 years (annualised) | +23.2% |
| Volatility (3 years) | 23.1% |
| Sharpe ratio (3 years) | 0.80 |
Past returns do not guarantee future results.
HCMT: frequently asked questions
What does HCMT invest in?
Direxion HCM Tactical Enhanced U.S. Equity Strategy ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (3.4%), Apple Inc. (2.9%), Microsoft Corporation (2.3%), Amazon.com Inc (1.5%), Alphabet Inc Class A (1.3%).
What is the HCMT expense ratio?
1.17% a year: about $117.00 for every $10,000 invested.
What is the HCMT dividend yield?
0.46%. ATLAS does not hold the exact distribution dates for ETFs.
Will HCMT go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 50%, with a likely range (50%) of $36.79 to $41.38 from $38.98 today. It is a probability, not a prediction.
How has HCMT performed?
Year to date +13.7%, one year +20.8%, three years +23.2% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer