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Morningstar

Direxion HCM Tactical EnhU.S.EqStratETF HCMT

Morningstar Medalist Rating
Medalist Rating as of | See Direxion Investment Hub

Morningstar’s Analysis HCMT

Will HCMT outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HCMT’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HCMT management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HCMT’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Direxion HCM Tactical EnhU.S.EqStratETF's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HCMT

More HCMT Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dreyfus Govt Cash Man Ins

13.45 43.1 Mil
Cash and Equivalents

Dreyfus Trsry Securities Cash Mgmt

8.70 27.9 Mil
Cash and Equivalents

Microsoft Corp

5.39 17.3 Mil
Technology

Apple Inc

4.75 15.2 Mil
Technology

Invesco Qqq Trust Series 1 Swap

4.73 15.1 Mil
—

NVIDIA Corp

4.02 12.9 Mil
Technology

Amazon.com Inc

2.89 9.3 Mil
Consumer Cyclical

Technology Select Sect Spdr Swap

2.77 8.9 Mil
—

Meta Platforms Inc Class A

1.79 5.7 Mil
Communication Services

Alphabet Inc Class A

1.77 5.7 Mil
Communication Services