HCMT Direxion HCM Tactical Enhanced US ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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HCMT — —
Key stats
About

Direxion HCM Tactical Enhanced US ETF (HCMT) ETF

No description available.

Exchange
ARCX
Inception
2023-06-21
Has Options
No
Fund profile
holdings as of Oct 21, 2026issuer datathrough Jul 2026flows, SEC filings
Allocation Tactical & Rotation#11 of 64 by assets Direxion US Actively managed
Expense ratio
—
Assets
$551M
SEC filing, Apr 30, 2026
Trailing yield
0.47%
paid quarterly
Average daily volume
$1.3M
30 sessions
Holdings
509
top 10 are 131.8%
Listed
Jun 21, 2023
NYSE Arca
Closure risk, 12 months
1.6%
low · model
FrenzyCap ETF score
37
how it is built
Costn/a
Liquidity37
Scale64
Diversification9

Moves with. US large-cap stocks (59% of its variance, beta 1.56); Value over growth (13% of its variance, beta -0.34); Emerging markets over US (8% of its variance, beta 0.29). These factors explain 82% of its daily moves over the last year.

All 509 holdingsFlow historySimilar fundsOverlap toolAll Tactical & Rotation ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
−$11M
latest reported month
Latest 3 months
−$14M
−2.5% of assets
Latest 12 months
−$13M
−2.3% of assets
Aug 2025: −$8.2MSep 2025: +$13M+$13MSepOct 2025: +$1.8MNov 2025: +$2.1MNovDec 2025: −$2.7MJan 2026: −$4.9MJanFeb 2026: −$6.5MMar 2026: −$5.1MMarApr 2026: +$12MMay 2026: −$2.2MMayJun 2026: −$1.2MJul 2026: −$11M−$11MJul
View as a table
Net flows of HCMT by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026−$11M
Jun 2026−$1.2M
May 2026−$2.2M
Apr 2026+$12M
Mar 2026−$5.1M
Feb 2026−$6.5M
Jan 2026−$4.9M
Dec 2025−$2.7M
Nov 2025+$2.1M
Oct 2025+$1.8M
Sep 2025+$13M
Aug 2025−$8.2M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 38 months ago

Similar funds
FundOverlapFeeAssets1Y
SPUUDirexion Daily S&P 500 Bull 2X ETF79%—$292M+25.0%compare
SPYMState Street SPDR Portfolio S&P 500 ETF79%0.02%$183.5B—compare
SPYState Street SPDR S&P 500 ETF Trust79%0.10%$818.4B+15.2%compare
ITOTiShares Core S&P Total U.S. Stock Market ETF79%0.03%$97.4B+14.6%compare
DLCUU.S. Large Company Portfolio ETF Class Shares79%0.06%——compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Oct 21, 2026issuer data
Holdings vs fair value
+1.8%
25% under, 28% over · 100% covered
Price / earnings
25.7
2% loss-making · 100% covered
Price / book · sales
5.2 · 3.5
revenue growth +14.0%
Above 200-day average
70%
58% above 50-day · by weight
Short interest
2.0%
of float, weighted · 2.9 days to cover
Insider buying
4%
of weight had net insider buying, 90 days; 69% net selling
13F holders
+2.4%
change in shares held by institutions, latest quarter
Reporting earnings
36.5%
of weight in 7 days; 58.9% in 14
Largest contributors below fair value
AMZN+26%MU+50%XOM+20%KLAC+50%APH+50%
Largest contributors above fair value
AAPL−10%TSLA−34%MSFT−9%BRK.B−25%AMD−28%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Jan 31, 2026 → Apr 30, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
New positionVRTVERTIV HOLDINGS COMPANY—0.08%—
IncreasePANWPalo Alto Networks Inc0.17%0.09%+18.2%
New positionCIENCiena Corporation—0.05%—
New positionLITELUMENTUM HOLDINGS INC—0.04%—
New positionCOHRCOHERENT CORP—0.04%—
ExitHOLXHologic Inc0.02%——
IncreaseNRGNRG Energy, Inc.0.04%0.02%+10.3%
IncreaseWATWaters Corporation0.03%0.02%+64.5%

0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 1.3%. Full holdings and history

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
4 active
of 4 with agreements; top 3 did 99%
Created · redeemed
$151M · $30M
over the fiscal year
Redemptions in kind
100%
creations 100% in kind
Creation unit
25,000
shares
Securities lending
0.67%
of assets on loan on average; earned 0.1 bp
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-21
Holdings
509
AUM
$1.2B
Provider
Direxion
Inception
2023-06-21
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
—
Dividend Yield
0.47%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-22 2026-09-29 $0.0037 CD
2026-06-23 2026-06-30 $0.1284 CD
2026-03-24 2026-03-31 $0.0558 CD
2025-12-23 2025-12-31 $0.0087 CD
2025-09-23 2025-09-30 $0.0416 CD
2025-06-24 2025-07-01 $0.0523 CD
Asset Allocation
Top Holdings
top 50 of 509 holdings
Symbol Name Weight % Asset Class Country
— QQQ SWAP ASSET LEG 65.13% Derivative —
— XLK SWAP ASSET LEG 25.53% Derivative —
— QQQ SWAP ASSET LEG 14.94% Derivative —
— GOLDMAN SACHS FIN GOV 465 INSTITUT 12.19% Cash/Money Market —
NVDA NVIDIA CORP 6.26% Equity (US) US
AAPL APPLE INC 5.92% Equity (US) US
— DREYFUS GOVT CASH MAN INS 5.14% Cash/Money Market —
MSFT MICROSOFT CORP 4.72% Equity (US) US
— DREYFUS TRSRY SECURITIES CASH MGMT 3.43% Cash/Money Market —
AMZN AMAZON.COM INC 3.08% Equity (US) US
GOOGL ALPHABET INC-CL A 2.38% Equity (US) US
GOOG ALPHABET INC-CL C 1.91% Equity (US) US
AVGO BROADCOM INC 1.90% Equity (US) US
META META PLATFORMS INC-CLASS A 1.83% Equity (US) US
TSLA TESLA INC 1.26% Equity (US) US
LLY ELI LILLY & CO 1.23% Equity (US) US
MU MICRON TECHNOLOGY INC 1.21% Equity (US) US
BRK.B BERKSHIRE HATHAWAY INC-CL B 1.20% Equity (US) US
JPM JPMORGAN CHASE & CO 1.06% Equity (US) US
AMD ADVANCED MICRO DEVICES 1.04% Equity (US) US
XOM EXXONMOBIL HOLDINGS CORP 0.87% Equity (US) US
V VISA INC-CLASS A SHARES 0.83% Equity (US) US
JNJ JOHNSON & JOHNSON 0.75% Equity (US) US
WMT WALMART INC 0.63% Equity (US) US
ABBV ABBVIE INC 0.61% Equity (US) US
MA MASTERCARD INC - A 0.60% Equity (US) US
INTC INTEL CORP 0.54% Equity (US) US
CVX CHEVRON CORP 0.53% Equity (US) US
PLTR PALANTIR TECHNOLOGIES INC-A 0.53% Equity (US) US
COST COSTCO WHOLESALE CORP 0.53% Equity (US) US
CSCO CISCO SYSTEMS INC 0.50% Equity (US) US
UNH UNITEDHEALTH GROUP INC 0.45% Equity (US) US
PG PROCTER & GAMBLE CO/THE 0.44% Equity (US) US
MRK MERCK & CO. INC. 0.44% Equity (US) US
KO COCA-COLA CO/THE 0.43% Equity (US) US
CAT CATERPILLAR INC 0.40% Equity (US) US
LRCX LAM RESEARCH CORP 0.39% Equity (US) US
BAC BANK OF AMERICA CORP 0.39% Equity (US) US
AMAT APPLIED MATERIALS INC 0.38% Equity (US) US
HD HOME DEPOT INC 0.38% Equity (US) US
PM PHILIP MORRIS INTERNATIONAL 0.37% Equity (US) US
GE GENERAL ELECTRIC 0.37% Equity (US) US
NFLX NETFLIX INC 0.34% Equity (US) US
PANW PALO ALTO NETWORKS INC 0.33% Equity (US) US
RTX RTX CORP 0.31% Equity (US) US
GS GOLDMAN SACHS GROUP INC 0.31% Equity (US) US
TMO THERMO FISHER SCIENTIFIC INC 0.30% Equity (US) US
TXN TEXAS INSTRUMENTS INC 0.30% Equity (US) US
WFC WELLS FARGO & CO 0.30% Equity (US) US
AMGN AMGEN INC 0.28% Equity (US) US
Non-Equity Breakdown
Direxion HCM Tactical Enhanced US ETF · NPORT-P period 2026-04-30 (filed 2026-06-29)
Net assets: $551M · 508 total positions · equity 39.81% · non-equity 60.98%
Non-equity holdings — 5 positions, 60.98% of NAV
Category Weight Value Positions
Short-term investment 59.38% $327.2M 3
Derivative (equity) 1.59% $8.8M 2
Chart
Seasonality
'23'24'25'26Avg
Jan--5.71%2.15%1.65%3.17%
Feb--7.21%-2.86%-4.79%-0.15%
Mar--1.12%-12.05%-6.90%-5.94%
Apr---9.11%-13.02%4.94%-5.73%
May--11.76%9.95%13.27%11.66%
Jun2.44%9.10%10.07%-2.21%4.85%
Jul5.45%-2.85%5.64%-5.88%0.59%
Aug-3.02%6.38%5.19%3.69%3.06%
Sep-10.22%8.56%10.69%5.44%3.62%
Oct-2.98%0.00%5.81%-2.38%*0.11%
Nov5.94%8.67%-3.55%--3.69%
Dec7.60%-5.78%-0.13%--0.56%
Total4.02%45.90%15.17%5.21%17.57%
* Only 4 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $42.85
SMA 50: $41.97
SMA 200: $39.51
Current: $41.88
EMA 12: $42.18
EMA 26: $42.31
MACD: -0.1237 | Signal: -0.3312
BULLISH
ADX (14): 18.22
RANGE
+DI: 19.37
−DI: 37.27

Momentum Oscillators

RSI (14): 47.06
NEUTRAL
Stoch %K: 23.03
Stoch %D: 17.25
Williams %R: -66.12

Volume & Volatility

BB Upper: $45.05
BB Lower: $40.65
NEUTRAL
OBV: 3,372,376
Vol SMA 20: 35,850
Vol ROC: -51.80%
ATR: $0.92
True Range: $0.91
HV 20: 24.4%
HV 30: 27.7%
HV 60: 29.4%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All HCMT news →

HCMT Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 1.9750
Alpha: -16.69%
Correlation: 0.8665
R-Squared: 75.1%
Stock Volatility: 28.9%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

HCMT Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

40 filers10,643,787 shares$451.93M value
# Filer Shares Value % of Total % of Float Period
1 Howard Capital Management, LLC 7,256,177 $309.48M 68.48% — 2026-09-30
2 Discipline Wealth Solutions, LLC 995,902 $42.48M 9.40% — 2026-09-30
3 LPL Financial LLC Custodian 445,233 $18.67M 4.13% — 2026-06-30
4 Wealth Watch Advisors, INC 390,601 $16.38M 3.62% — 2026-06-30
5 NewEdge Advisors, LLC 265,483 $11.13M 2.46% — 2026-06-30
6 Envestnet Asset Management, Inc. 197,544 $8.28M 1.83% — 2026-06-30
7 Foundations Investment Advisors, LLC 187,396 $7.86M 1.74% — 2026-06-30
8 WealthTrak Capital Management LLC 154,777 $6.49M 1.44% — 2026-06-30
9 Arete Wealth Advisors, LLC 119,649 $5.02M 1.11% — 2026-06-30
10 Delta Investment Management, LLC 107,739 $4.52M 1.00% — 2026-06-30
11 CPR Investments Inc. 86,856 $3.64M 0.81% — 2026-06-30
12 Aegis Wealth Management, Inc. 67,377 $2.83M 0.63% — 2026-06-30
13 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 44,795 $1.95M 0.43% — 2026-09-30
14 Bison Wealth, LLC 43,675 $1.90M 0.42% — 2026-09-30
15 CROSSPOINT FINANCIAL, LLC 35,779 $1.50M 0.33% — 2026-06-30
16 Vise Technologies, Inc. 35,420 $1.49M 0.33% — 2026-06-30
17 Orion Porfolio Solutions, LLC 20,769 $871.05K 0.19% — 2026-06-30
18 Global Assets Advisory, LLC 16,428 $679.30K 0.15% — 2026-06-30
19 J.W. COLE ADVISORS, INC. 15,862 $665.24K 0.15% — 2026-06-30
20 Jane Street Group, LLC Custodian 13,894 $582.71K 0.13% — 2026-06-30
21 TUCKER ASSET MANAGEMENT LLC 13,554 $568.46K 0.13% — 2026-06-30
22 IFP Advisors, Inc Custodian 11,871 $506.30K 0.11% — 2026-09-30
23 VestGen Advisors, LLC 11,382 $477.36K 0.11% — 2026-06-30
24 VestGen Investment Management 11,298 $473.84K 0.10% — 2026-06-30
25 Atria Investments, Inc 10,755 $458.71K 0.10% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month