Summary
Direxion HCM Tactical Enhanced US ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 509. The ten largest make up 145% of the fund.
- Yearly costs
- 1.18%
- Fund size
- $604.5M
- Positions
- 509
- Dividend yield
- 0.49%
- Running since
- 2023
What speaks for it
- Average yearly growth over the last three years: 22%.
What to watch
- The ten largest positions make up 145% of the fund, so its result rests on a few names.
- 90% of the fund is in one country (United States).
- Costs of 1.18% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 37% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.9%
- 3 months
- +5.1%
- This year
- +8.6%
- 1 year
- +11%
- 3 years
- +81%
- Avg. market cap
- $2.52T
- P/E
- 26.7x
- Forward P/E
- 24.3x
- P/S
- 6.1x
- P/B
- 7.8x
- P/FCF
- 35.0x
- EV/EBITDA
- 20.0x
- Dividend yield
- 0.70%
- ROIC
- 27.5%
- ROE
- 60.0%
- Gross margin
- 59.2%
- Operating margin
- 34.8%
- Net margin
- 32.9%
- Payout ratio
- 18.6%
- Net debt/EBITDA
- 0.5x
- Beta
- 1.56
Weighted average of the 50 largest companies, which make up 51% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 QQQ SWAP ASSET LEG (QQQBCL) 65%
- 2 XLK SWAP ASSET LEG 26%
- 3 QQQ SWAP ASSET LEG (QQQGSL) 15%
- 4 GOLDMAN SACHS FIN GOV 465 INSTITUT 12%
- 5 NVNvidia NVDA 6.3%
- 6 AAApple AAPL 6.0%
- 7 MSMicrosoft MSFT 4.8%
- 8 DREYFUS TRSRY SECURITIES CASH MGMT 3.6%
- 9 AMAmazon AMZN 3.0%
- 10 DREYFUS GOVT CASH MAN INS 2.6%
Positions in the fund: 509. The ten largest make up 145% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 15%
- Financials 4.5%
- Communication services 3.8%
- Healthcare 3.7%
- Consumer cyclical 3.5%
- Other 69%
By country
- United States 90%
- Ireland 1.1%
- United Kingdom 0.4%
- Switzerland 0.3%
- Other countries 8.0%
By company size
- Mega cap 65%
- Large cap 35%
- Mid cap 0.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 80% of the fund.
Largest sector: Technology (15%). Largest country: United States (90%). Largest size group: Mega cap (65%).
What does it cost me?
Expensive- A year from $10,000
- $118
- Over 20 years
- $5,368
From every $10,000 invested the fund takes $118 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,368.
How has it done?
Growing over the long run- A year on average, 3 years
- +22%
- Deepest drop
- -37%
- Yearly volatility
- 29%
Average yearly growth over the last three years: 22%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.49%
- Payments a year
- 4
- Last payment
- $0.00
Over the last 12 months it paid $0.20 per share, which is 0.49% of today's price. The last payment was $0.00 on Sep 22, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.62M
- Shares a day
- 40K
On an average day about $1.62M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 26.7
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 11%
- Fairly valued 2.8%
- Overvalued 87%
On average the companies inside trade for 26.7 times their yearly profit. By Fair Price, 87% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 51% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IV IVVW iShares S&P 500 BuyWrite ETF | United States | 0.25% | $347.7M | -3.0% | Pays out | 80% |
15 1557.T State Street SPDR S&P 500 ETF | United States | 0.09% | $823.4B | +19% | Pays out | 80% |
CS CSSPX.MI iShares Core S&P 500 UCITS ETF | Ireland | 0.07% | $156.1B | +21% | Reinvests | 80% |
IT ITOT iShares Core S&P Total U.S. Stock Market ETF | United States | 0.03% | $96.0B | +15% | Pays out | 80% |
SP SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | United States | 0.03% | $14.0B | +16% | Pays out | 80% |
SC SCHB Schwab U.S. Broad Market ETF | United States | 0.03% | $44.4B | +15% | Pays out | 80% |
