Direxion HCM Tactical Enhanced US ETF (HCMT) price, chart and fund profile
Price chart
Fund profile
HCMT is an actively managed fund-of-funds that toggles between a 200% leveraged US equity position and a 100% investment to cash or cash equivalents based on a proprietary tactical indicator that identifies broad trends in the US equity markets.
- Issuer
- Rafferty Asset Management, LLC
- Industry
- —
- Inception
- Jun 22, 2023
- Assets under management
- $600.5M
- Expense ratio
- 1.18%
- Net asset value
- $41.34
- NAV as of
- Aug 28, 2026
- Leverage
- 2×
- Fund page
- www.direxion.com↗
Frequently asked questions
What is Direxion HCM Tactical Enhanced US ETF (HCMT)?
HCMT is an actively managed fund-of-funds that toggles between a 200% leveraged US equity position and a 100% investment to cash or cash equivalents based on a proprietary tactical indicator that identifies broad trends in the US equity markets.
What is HCMT's expense ratio?
Direxion HCM Tactical Enhanced US ETF charges an annual expense ratio of 1.18%. The fund is issued by Rafferty Asset Management, LLC.
How large is HCMT?
Direxion HCM Tactical Enhanced US ETF manages $600.5M in assets and has traded since Jun 22, 2023.
How do I buy shares of Direxion HCM Tactical Enhanced US ETF (HCMT)?
HCMT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.
Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.