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.
Direxion HCM Tactical EnhU.S.EqStratETF HCMT
- NAV / 1-Day Return — / —
- Total Assets 305.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.170%
- Distribution Fee Level —
- Share Class Type —
- Category Large Blend
- Investment Style Large Growth
- Min. Initial Investment —
- Status Open
- TTM Yield —
- Turnover 24%
USD
Morningstar’s Analysis HCMT
Will HCMT outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 31.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dreyfus Govt Cash Man Ins | 12.45 | 38.6 Mil | Cash and Equivalents |
Dreyfus Trsry Securities Cash Mgmt | 8.79 | 27.2 Mil | Cash and Equivalents |
Microsoft Corp | 5.33 | 16.5 Mil | Technology |
Invesco Qqq Trust Series 1 Swap | 5.05 | 15.6 Mil | — |
Apple Inc | 4.67 | 14.5 Mil | Technology |
NVIDIA Corp | 3.96 | 12.3 Mil | Technology |
Technology Select Sect Spdr Swap | 2.95 | 9.1 Mil | — |
Amazon.com Inc | 2.88 | 8.9 Mil | Consumer Cyclical |
Meta Platforms Inc Class A | 1.80 | 5.6 Mil | Communication Services |
Alphabet Inc Class A | 1.72 | 5.3 Mil | Communication Services |