HCMT vs VYM
Direxion HCM Tactical Enhanced US ETF vs Vanguard High Dividend Yield ETF
Which is better, HCMT or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HCMT | VYM |
|---|---|---|
| Expense Ratio | 1.18% | 0.04%Best |
| AUM | $588M | $81.6B |
| Dividend Yield | 0.58% | 2.22% |
| Holdings | 509 | 613 |
| YTD Return | +5.29% | +13.15%Best |
| 1Y Return | +14.37% | +17.82%Best |
| 3Y Return (annualized) | +17.16% | +17.99%Best |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 24.5% | 10.9%Best |
| Max Drawdown | -36.3% | -14.5%Best |
| $10,000 over 3.2 years | $16,568 | $16,781Best |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 22, 2023 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 22, 2023 to Sep 10, 2026 (3.2 years).
HCMT vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
HCMT vs VYM Performance
Direxion HCM Tactical Enhanced US ETF (HCMT) is an ETF from Direxion Shares ETF Trust and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year HCMT returned +14.37% while VYM returned +17.82%. Year to date, HCMT is up 5.29% versus a gain of 13.15% for VYM.
Over three years, HCMT compounded at +17.16% per year against +17.99% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HCMT has been the more volatile fund, with annualized monthly volatility of 24.5% compared with 10.9% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -36.3% for HCMT and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HCMT charges 1.18% per year while VYM charges 0.04%. On a $10,000 position that is $118 vs $4 annually, a gap of $114 per year that compounds over a long holding period. On income, HCMT currently yields 0.58% against 2.22% for VYM.
Holdings Overlap
At least 87.2% of VYM's money is in holdings HCMT also owns.
Stated as a floor: for HCMT, our book for it covers 88.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of VYM is already inside HCMT. Owning both mostly buys the same companies twice.
234 positions in common, counted across the 505 positions we hold weights for in HCMT and 603 in VYM, against full books of 509 and 613.
Top Shared Holdings
| Stock | Weight in HCMT | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.38% | 7.29% | 4.91% |
| JPMJpmorgan Chase & Co. | 1.15% | 3.38% | 2.23% |
| JNJJohnson & Johnson | 0.74% | 2.54% | 1.80% |
| XOMExxon Mobil Corp. | 0.77% | 2.36% | 1.59% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.58% | 1.93% | 1.35% |
| CATCaterpillar, Inc. | 0.49% | 2.01% | 1.52% |
| ABBVAbbvie Inc. | 0.52% | 1.85% | 1.33% |
| BACBank Of America Corp. | 0.49% | 1.56% | 1.07% |
| UNHUnitedhealth Group Inc. | 0.45% | 1.56% | 1.11% |
| HDHome Depot Inc/The | 0.42% | 1.46% | 1.04% |
87.2% of VYM is already inside HCMT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HCMT or VYM?
HCMT has an expense ratio of 1.18% while VYM charges 0.04%. VYM is the cheaper option, by $114 a year on a $10,000 investment.
Which performed better, HCMT or VYM?
Over the past year HCMT returned +14.37% vs +17.82% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HCMT or VYM?
HCMT has been the more volatile fund at 24.5% annualized versus 10.9% for VYM. Worst drawdown: HCMT -36.3% vs VYM -14.5%.
Should I hold both HCMT and VYM?
HCMT and VYM have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HCMT and VYM?
At least 87.2% of VYM's money is in holdings HCMT also owns. Our book for HCMT is partial, so the real figure is this or higher. They hold 234 positions in common, counted across the 505 positions we hold weights for in HCMT and 603 in VYM.
Which pays a higher dividend, HCMT or VYM?
HCMT yields 0.58% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than HCMT?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.