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
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 35.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dreyfus Trsry Securities Cash Mgmt | 10.40 | 38.5 Mil | Cash and Equivalents |
Dreyfus Govt Cash Man Ins | 7.10 | 26.3 Mil | Cash and Equivalents |
Microsoft Corp | 5.70 | 21.1 Mil | Technology |
Invesco QQQ Trust | 5.47 | 20.3 Mil | — |
Apple Inc | 5.32 | 19.7 Mil | Technology |
NVIDIA Corp | 5.25 | 19.5 Mil | Technology |
Technology Select Sect Spdr Swap | 4.38 | 16.2 Mil | — |
Amazon.com Inc | 3.01 | 11.2 Mil | Consumer Cyclical |
Cash | 2.48 | 9.2 Mil | Cash and Equivalents |
Meta Platforms Inc Class A | 1.86 | 6.9 Mil | Communication Services |