HCMT Performance — Direxion HCM Tactical Enhanced US ETF
Data updated: 2026-09-28
HCMT returned +0.85% year to date and +15.03% over one year to Jul 2026. The annualised 3-year return is +13.61%. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $147, against $168 for the category, and to $115 over one year, against $108. Volatility over the past three years was 24.93% a year. In the 12 months to Jul 2026 the fund lost a net $12.8M, and assets reached $563.27M.
HCMT Growth of $100
What $100 invested in Direxion HCM Tactical Enhanced US ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | HCMT | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $108 |
| 3 years (Aug 2023 – Jul 2026) | $147 | $168 |
| Since data start (Jun 2023 – Jul 2026) | $161 | $175 |
HCMT Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.85% |
| 1 year | +15.03% |
| 3 years (annualised) | +13.61% |
HCMT Annual Returns
Calendar-year total returns of Direxion HCM Tactical Enhanced US ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.85% |
| 2025 | +7.09% |
| 2024 | +39.45% |
| 2023 (Jun–Dec) | +6.86% |
HCMT Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.6% | −3.8% | −6.4% | +5.0% | +14.6% | −0.7% | −7.7% | — | — | — | — | — |
| 2025 | +3.2% | −4.3% | −15.0% | −12.3% | +10.1% | +11.1% | +4.2% | +1.8% | +8.7% | +6.9% | −2.9% | −0.8% |
| 2024 | +2.8% | +9.3% | +3.2% | −8.7% | +10.2% | +9.6% | −1.9% | +2.1% | +3.9% | −2.4% | +9.8% | −2.3% |
| 2023 | — | — | — | — | — | +3.7% | +5.9% | −3.5% | −10.2% | −2.2% | +5.7% | +8.7% |
HCMT Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 24.93%
- 3-year Sharpe ratio: 0.37 (vs 4.5% risk-free rate)
- Best month: +14.56% (May 2026)
- Worst month: −14.97% (Mar 2025)
HCMT Fund Flows
Monthly money in and out of Direxion HCM Tactical Enhanced US ETF, from SEC Form N-PORT.
- 12-month net flow: −$12.8M
- 12-month gross sales (incl. reinvestments): $68.5M
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $3.1M | $13.8M | −$10.7M |
| Jun 2026 | $4.1M | $5.3M | −$1.2M |
| May 2026 | $2.8M | $5.0M | −$2.2M |
| Apr 2026 | $11.6M | $0 | $11.6M |
| Mar 2026 | $5.5M | $10.6M | −$5.1M |
| Feb 2026 | $1.9M | $8.4M | −$6.5M |
| Jan 2026 | $2.0M | $6.9M | −$4.9M |
| Dec 2025 | $5.9M | $8.6M | −$2.7M |
| Nov 2025 | $5.6M | $3.5M | $2.1M |
| Oct 2025 | $4.8M | $3.0M | $1.8M |
| Sep 2025 | $13.3M | $0 | $13.3M |
| Aug 2025 | $7.8M | $16.0M | −$8.2M |
HCMT Assets Under Management
Net assets of Direxion HCM Tactical Enhanced US ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $563.27M |
| 2026-04-30 | $551.08M |
| 2026-01-31 | $583.73M |
| 2025-10-31 | $602.67M |
| 2025-07-31 | $503.70M |
| 2025-04-30 | $351.83M |
| 2025-01-31 | $468.85M |
| 2024-10-31 | $439.35M |
| 2024-07-31 | $357.53M |
| 2024-04-30 | $267.99M |
| 2024-01-31 | $238.06M |
| 2023-10-31 | $155.78M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.