See what your fund actually adds
Direxion HCM Tactical Enhanced US ETF HCMT
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | HCMT | Replication |
|---|---|---|
| Annualized growth | 20.3% | 26.8% |
| Annualized volatility | 27.7% | 21.5% |
| Sharpe ratio | 0.81 | 1.21 |
| Maximum drawdown | 34.1% | 23.6% |
| Replication fit (R²) | 0.80 · Tracking error 12.4% | |
Replication portfolio
The published portfolio below is the investable basket used to model HCMT’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLK | Sector · Technology | 79.5% |
| XLY | Sector · Cons Discr | 16.3% |
| IWC | Micro Cap | 4.1% |