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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 uses a proprietary quantitative investment model based on the HCM-BuyLine (the "Model") developed by the Fund's subadvisor, Howard Capital Management, Inc. ("Sub-adviser"), to determine if the Fund's assets are allocated to U.S. equity securities or to cash and cash equivalents (i.e., money market funds, U.S. government securities and/or similar securities). The Fund will invest in or 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. When allocated to U.S. equities, the Fund will seek leveraged exposure of its net assets through investments in derivatives, such as swaps, in order to achieve enhanced returns.
Direxion Hcm Tactical Enhanced US ETF trades on the ARCA stock market under the symbol HCMT.
As of August 28, 2026, HCMT stock price declined to $41.36 with 44,871 million shares trading.
HCMT has a beta of 1.61, meaning it tends to be more sensitive to market movements. HCMT has a correlation of 0.64 to the broad based SPY ETF.
HCMT has a market cap of $600.75 million. This is considered a Small Cap stock.
In the last 3 years, HCMT traded as high as $43.19 and as low as $22.82.
HCMT has underperformed the market in the last year with a price return of +18.3% while the SPY ETF gained +19.7%. HCMT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.1% and -3.0%, respectively, while the SPY returned +2.2% and -0.9%, respectively.
HCMT support price is $41.16 and resistance is $42.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HCMT shares will trade within this expected range on the day.
