USMV vs. HCMT ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Direxion HCM Tactical Enhanced US ETF (HCMT)

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

HCMT

Direxion HCM Tactical Enhanced US ETF

HCMT Description

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.29

Average Daily Volume

49,839

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	USMV	HCMT
30 Days	1.70%	5.26%
60 Days	2.42%	7.80%
90 Days	4.02%	8.97%
12 Months	25.63%	53.05%

153 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in HCMT	Overlap
AAPL	C	0.99%	5.56%	0.99%
ABBV	D	1.04%	0.47%	0.47%
ABT	B	0.09%	0.32%	0.09%
ACGL	D	0.68%	0.06%	0.06%
ACN	C	1.29%	0.36%	0.36%
ADI	D	0.23%	0.17%	0.17%
ADP	B	0.09%	0.19%	0.09%
AEE	A	0.24%	0.04%	0.04%
AEP	D	0.39%	0.08%	0.08%
AIZ	A	0.32%	0.02%	0.02%
AJG	B	1.27%	0.1%	0.1%
AKAM	D	0.39%	0.02%	0.02%
AMGN	D	0.59%	0.25%	0.25%
AMZN	C	0.14%	3.03%	0.14%
ANET	C	0.29%	0.16%	0.16%
AON	A	0.53%	0.13%	0.13%
APH	A	1.44%	0.14%	0.14%
ATO	A	0.06%	0.04%	0.04%
AVGO	D	1.19%	1.21%	1.19%
AZO	C	0.98%	0.08%	0.08%
BDX	F	0.56%	0.1%	0.1%
BMY	B	0.49%	0.19%	0.19%
BR	A	0.05%	0.04%	0.04%
BRK.A	B	1.55%	1.37%	1.37%
CB	C	1.47%	0.17%	0.17%
CBOE	B	0.85%	0.04%	0.04%
CDNS	B	0.18%	0.13%	0.13%
CDW	F	0.35%	0.04%	0.04%
CHD	B	0.4%	0.04%	0.04%
CI	F	0.21%	0.14%	0.14%
CL	D	0.41%	0.12%	0.12%
CMCSA	B	0.39%	0.27%	0.27%
CME	A	0.53%	0.13%	0.13%
CMS	C	0.19%	0.03%	0.03%
COR	B	0.67%	0.07%	0.07%
CPB	D	0.33%	0.01%	0.01%
CRM	B	0.05%	0.5%	0.05%
CRWD	B	0.19%	0.13%	0.13%
CSCO	B	1.47%	0.37%	0.37%
CTSH	B	0.76%	0.06%	0.06%
CTVA	C	0.38%	0.06%	0.06%
CVS	D	0.04%	0.11%	0.04%
CVX	A	0.34%	0.44%	0.34%
D	C	0.23%	0.08%	0.08%
DELL	C	0.12%	0.06%	0.06%
DGX	A	0.11%	0.03%	0.03%
DPZ	C	0.19%	0.03%	0.03%
DTE	C	0.2%	0.04%	0.04%
DUK	C	1.49%	0.14%	0.14%
EA	A	0.89%	0.06%	0.06%
ED	D	1.13%	0.05%	0.05%
EG	C	0.43%	0.03%	0.03%
ELV	F	0.52%	0.15%	0.15%
EOG	A	0.17%	0.12%	0.12%
ERIE	D	0.42%	0.02%	0.02%
FANG	D	0.55%	0.05%	0.05%
FFIV	B	0.55%	0.02%	0.02%
FI	A	0.69%	0.2%	0.2%
FICO	B	0.59%	0.09%	0.09%
FSLR	F	0.06%	0.03%	0.03%
GD	F	0.05%	0.12%	0.05%
GDDY	A	1.0%	0.04%	0.04%
GEN	B	0.35%	0.03%	0.03%
GILD	C	0.94%	0.18%	0.18%
GIS	D	0.66%	0.06%	0.06%
GLW	B	0.31%	0.06%	0.06%
GOOG	C	0.16%	1.36%	0.16%
GRMN	B	0.33%	0.05%	0.05%
HD	A	0.3%	0.63%	0.3%
HIG	B	0.12%	0.06%	0.06%
HOLX	D	0.16%	0.03%	0.03%
HON	B	0.25%	0.24%	0.24%
HRL	D	0.21%	0.01%	0.01%
HSY	F	0.3%	0.04%	0.04%
HUM	C	0.4%	0.06%	0.06%
IBM	C	1.66%	0.32%	0.32%
ICE	C	0.28%	0.14%	0.14%
INCY	C	0.53%	0.02%	0.02%
IT	C	0.35%	0.06%	0.06%
JNJ	D	1.18%	0.59%	0.59%
JNPR	F	0.45%	0.02%	0.02%
K	A	0.8%	0.03%	0.03%
KDP	D	0.59%	0.06%	0.06%
KEYS	A	0.55%	0.05%	0.05%
KHC	F	0.38%	0.04%	0.04%
KMB	D	0.21%	0.07%	0.07%
KO	D	0.1%	0.39%	0.1%
KR	B	0.61%	0.06%	0.06%
L	A	0.28%	0.02%	0.02%
LIN	D	0.16%	0.35%	0.16%
LLY	F	1.25%	0.95%	0.95%
LMT	D	0.82%	0.18%	0.18%
LNT	A	0.1%	0.03%	0.03%
MA	C	0.7%	0.68%	0.68%
MCD	D	1.25%	0.33%	0.33%
MCK	B	1.35%	0.13%	0.13%
MDLZ	F	0.44%	0.14%	0.14%
MDT	D	0.13%	0.17%	0.13%
MMC	B	1.11%	0.17%	0.17%
MOH	F	0.18%	0.03%	0.03%
MPC	D	0.54%	0.09%	0.09%
MRK	F	1.01%	0.39%	0.39%
MSFT	F	1.34%	4.93%	1.34%
MSI	B	1.81%	0.13%	0.13%
NEM	D	0.46%	0.08%	0.08%
NOC	D	1.43%	0.11%	0.11%
NOW	A	0.75%	0.34%	0.34%
NTAP	C	0.22%	0.04%	0.04%
NVDA	C	0.67%	5.73%	0.67%
ORCL	B	1.31%	0.49%	0.49%
ORLY	B	0.68%	0.11%	0.11%
OTIS	C	0.07%	0.06%	0.06%
OXY	D	0.12%	0.05%	0.05%
PEP	F	1.01%	0.35%	0.35%
PFE	D	0.2%	0.23%	0.2%
PG	A	1.23%	0.64%	0.64%
PGR	A	1.67%	0.24%	0.24%
PKG	A	0.2%	0.03%	0.03%
PSX	C	0.06%	0.09%	0.06%
PTC	A	0.52%	0.04%	0.04%
REGN	F	0.59%	0.13%	0.13%
ROL	B	0.36%	0.02%	0.02%
ROP	B	1.3%	0.09%	0.09%
RSG	A	1.55%	0.07%	0.07%
RTX	C	0.09%	0.25%	0.09%
SNPS	B	0.18%	0.13%	0.13%
SO	D	1.35%	0.15%	0.15%
STX	D	0.16%	0.03%	0.03%
T	A	0.74%	0.26%	0.26%
TDY	B	0.57%	0.04%	0.04%
TJX	A	0.45%	0.22%	0.22%
TMUS	B	1.95%	0.18%	0.18%
TRV	B	1.15%	0.09%	0.09%
TSN	B	0.71%	0.03%	0.03%
TXN	C	1.39%	0.29%	0.29%
UBER	D	0.45%	0.23%	0.23%
ULTA	F	0.04%	0.03%	0.03%
UNH	C	1.34%	0.89%	0.89%
V	A	0.9%	0.82%	0.82%
VLO	C	0.05%	0.07%	0.05%
VRSK	A	0.42%	0.06%	0.06%
VRSN	F	0.64%	0.02%	0.02%
VRTX	F	0.69%	0.19%	0.19%
VZ	C	1.35%	0.28%	0.28%
WEC	A	0.78%	0.05%	0.05%
WM	A	1.44%	0.13%	0.13%
WMB	A	0.31%	0.11%	0.11%
WMT	A	1.78%	0.61%	0.61%
WRB	A	0.31%	0.03%	0.03%
WTW	B	0.38%	0.05%	0.05%
XEL	A	0.46%	0.06%	0.06%
XOM	B	0.45%	0.85%	0.45%
YUM	B	0.5%	0.06%	0.06%

USMV Overweight 17 Positions Relative to HCMT

Symbol	Grade	Weight
WCN	A	1.56%
FCNCA	A	0.88%
WDAY	B	0.43%
BAH	F	0.39%
AFG	A	0.35%
MKL	A	0.34%
NBIX	C	0.32%
FWONK	B	0.31%
HUBS	A	0.24%
AZPN	A	0.23%
ALNY	D	0.22%
BMRN	D	0.22%
TW	A	0.2%
MELI	D	0.18%
UTHR	C	0.14%
TEL	B	0.07%
KNX	B	0.06%

USMV Underweight 346 Positions Relative to HCMT

Symbol	Grade	Weight
META	D	-1.97%
GOOGL	C	-1.65%
TSLA	B	-1.52%
JPM	A	-1.09%
COST	B	-0.66%
NFLX	A	-0.61%
BAC	A	-0.5%
WFC	A	-0.4%
AMD	F	-0.36%
ADBE	C	-0.35%
DIS	B	-0.33%
PM	B	-0.32%
ISRG	A	-0.31%
GE	D	-0.31%
TMO	F	-0.31%
CAT	B	-0.3%
INTU	C	-0.29%
GS	A	-0.29%
QCOM	F	-0.27%
SPGI	C	-0.26%
AXP	A	-0.26%
MS	A	-0.26%
BKNG	A	-0.26%
NEE	D	-0.25%
LOW	D	-0.24%
DHR	F	-0.24%
AMAT	F	-0.23%
UNP	C	-0.23%
BLK	C	-0.23%
ETN	A	-0.23%
C	A	-0.21%
COP	C	-0.21%
SYK	C	-0.21%
BSX	B	-0.21%
BX	A	-0.21%
PLTR	B	-0.2%
PANW	C	-0.2%
SCHW	B	-0.19%
SBUX	A	-0.18%
DE	A	-0.17%
PLD	D	-0.17%
BA	F	-0.17%
MU	D	-0.17%
INTC	D	-0.16%
KKR	A	-0.16%
LRCX	F	-0.15%
TT	A	-0.15%
AMT	D	-0.15%
GEV	B	-0.15%
MO	A	-0.15%
UPS	C	-0.15%
SHW	A	-0.14%
EQIX	A	-0.14%
PYPL	B	-0.14%
NKE	D	-0.14%
PH	A	-0.14%
USB	A	-0.13%
WELL	A	-0.13%
ZTS	D	-0.13%
CMG	B	-0.13%
PNC	B	-0.13%
KLAC	D	-0.13%
APD	A	-0.12%
TDG	D	-0.12%
CEG	D	-0.12%
EMR	A	-0.12%
MCO	B	-0.12%
CTAS	B	-0.12%
OKE	A	-0.11%
ADSK	A	-0.11%
CSX	B	-0.11%
COF	B	-0.11%
MMM	D	-0.11%
ITW	B	-0.11%
ABNB	C	-0.1%
ECL	D	-0.1%
GM	B	-0.1%
HLT	A	-0.1%
SLB	C	-0.1%
TFC	A	-0.1%
HCA	F	-0.1%
CARR	D	-0.1%
FCX	D	-0.1%
FDX	B	-0.1%
MAR	B	-0.1%
KMI	A	-0.09%
URI	B	-0.09%
AMP	A	-0.09%
JCI	C	-0.09%
SPG	B	-0.09%
AFL	B	-0.09%
RCL	A	-0.09%
NXPI	D	-0.09%
TGT	F	-0.09%
DLR	B	-0.09%
BK	A	-0.09%
PCAR	B	-0.09%
NSC	B	-0.09%
FTNT	C	-0.09%
SRE	A	-0.09%
DHI	D	-0.08%
AIG	B	-0.08%
HWM	A	-0.08%
CPRT	A	-0.08%
MET	A	-0.08%
PWR	A	-0.08%
CMI	A	-0.08%
O	D	-0.08%
ALL	A	-0.08%
PSA	D	-0.08%
GWW	B	-0.08%
VST	B	-0.08%
HES	B	-0.07%
LEN	D	-0.07%
DAL	C	-0.07%
IR	B	-0.07%
EW	C	-0.07%
F	C	-0.07%
DFS	B	-0.07%
AXON	A	-0.07%
BKR	B	-0.07%
PRU	A	-0.07%
TRGP	B	-0.07%
AME	A	-0.07%
PEG	A	-0.07%
PCG	A	-0.07%
CCI	D	-0.07%
PAYX	C	-0.07%
KVUE	A	-0.07%
MSCI	C	-0.07%
LHX	C	-0.07%
ROST	C	-0.07%
FAST	B	-0.07%
FIS	C	-0.07%
MCHP	D	-0.06%
EXR	D	-0.06%
NUE	C	-0.06%
RMD	C	-0.06%
LULU	C	-0.06%
MTB	A	-0.06%
MLM	B	-0.06%
HPQ	B	-0.06%
SYY	B	-0.06%
VMC	B	-0.06%
STZ	D	-0.06%
A	D	-0.06%
CHTR	C	-0.06%
MNST	C	-0.06%
EXC	C	-0.06%
GEHC	F	-0.06%
CBRE	B	-0.06%
ODFL	B	-0.06%
PPG	F	-0.05%
STT	A	-0.05%
ON	D	-0.05%
GPN	B	-0.05%
TSCO	D	-0.05%
CAH	B	-0.05%
ANSS	B	-0.05%
EBAY	D	-0.05%
XYL	D	-0.05%
TTWO	A	-0.05%
RJF	A	-0.05%
DXCM	D	-0.05%
EFX	F	-0.05%
DOW	F	-0.05%
CNC	D	-0.05%
UAL	A	-0.05%
CSGP	D	-0.05%
FITB	A	-0.05%
ROK	B	-0.05%
ETR	B	-0.05%
AVB	B	-0.05%
NDAQ	A	-0.05%
EIX	B	-0.05%
VICI	C	-0.05%
IQV	D	-0.05%
IRM	D	-0.05%
DD	D	-0.05%
WAB	B	-0.05%
IDXX	F	-0.05%
ES	D	-0.04%
WBD	C	-0.04%
ZBH	C	-0.04%
WY	D	-0.04%
EXPE	B	-0.04%
WST	C	-0.04%
BIIB	F	-0.04%
IFF	D	-0.04%
CINF	A	-0.04%
SBAC	D	-0.04%
DVN	F	-0.04%
HUBB	B	-0.04%
RF	A	-0.04%
MTD	D	-0.04%
EQR	B	-0.04%
PPL	B	-0.04%
CCL	B	-0.04%
HBAN	A	-0.04%
SYF	B	-0.04%
ADM	D	-0.04%
CPAY	A	-0.04%
BRO	B	-0.04%
TYL	B	-0.04%
VLTO	D	-0.04%
TROW	B	-0.04%
VTR	C	-0.04%
FTV	C	-0.04%
PHM	D	-0.04%
DECK	A	-0.04%
AWK	D	-0.04%
DOV	A	-0.04%
SW	A	-0.04%
MPWR	F	-0.04%
HAL	C	-0.04%
HPE	B	-0.04%
NVR	D	-0.04%
EQT	B	-0.04%
VTRS	A	-0.03%
ALGN	D	-0.03%
AVY	D	-0.03%
DG	F	-0.03%
MRO	B	-0.03%
ARE	D	-0.03%
CF	B	-0.03%
J	F	-0.03%
BAX	D	-0.03%
NI	A	-0.03%
MAS	D	-0.03%
EXPD	D	-0.03%
GPC	D	-0.03%
TER	D	-0.03%
IEX	B	-0.03%
KIM	A	-0.03%
BBY	D	-0.03%
PNR	A	-0.03%
TRMB	B	-0.03%
LVS	C	-0.03%
KEY	B	-0.03%
PFG	D	-0.03%
BALL	D	-0.03%
FDS	B	-0.03%
MAA	B	-0.03%
PODD	C	-0.03%
SNA	A	-0.03%
LUV	C	-0.03%
INVH	D	-0.03%
ESS	B	-0.03%
DRI	B	-0.03%
OMC	C	-0.03%
MKC	D	-0.03%
NRG	B	-0.03%
CTRA	B	-0.03%
LH	C	-0.03%
ZBRA	B	-0.03%
IP	B	-0.03%
BLDR	D	-0.03%
CNP	B	-0.03%
STLD	B	-0.03%
CFG	B	-0.03%
STE	F	-0.03%
CLX	B	-0.03%
WDC	D	-0.03%
LYV	A	-0.03%
WAT	B	-0.03%
FE	C	-0.03%
LYB	F	-0.03%
NTRS	A	-0.03%
LDOS	C	-0.03%
AES	F	-0.02%
SOLV	C	-0.02%
GL	B	-0.02%
CRL	C	-0.02%
LKQ	D	-0.02%
MKTX	D	-0.02%
FOXA	B	-0.02%
PNW	B	-0.02%
TAP	C	-0.02%
IPG	D	-0.02%
CTLT	B	-0.02%
PAYC	B	-0.02%
TECH	D	-0.02%
GNRC	B	-0.02%
LW	C	-0.02%
NWSA	B	-0.02%
NCLH	B	-0.02%
BXP	D	-0.02%
UHS	D	-0.02%
EMN	D	-0.02%
KMX	B	-0.02%
DAY	B	-0.02%
SJM	D	-0.02%
ALLE	D	-0.02%
REG	B	-0.02%
HST	C	-0.02%
JKHY	D	-0.02%
BG	F	-0.02%
MRNA	F	-0.02%
TPR	B	-0.02%
DLTR	F	-0.02%
CHRW	C	-0.02%
CPT	B	-0.02%
ALB	C	-0.02%
CAG	D	-0.02%
SMCI	F	-0.02%
SWK	D	-0.02%
SWKS	F	-0.02%
UDR	B	-0.02%
EPAM	C	-0.02%
RVTY	F	-0.02%
NDSN	B	-0.02%
APTV	D	-0.02%
POOL	C	-0.02%
JBHT	C	-0.02%
JBL	B	-0.02%
EVRG	A	-0.02%
AMCR	D	-0.02%
DOC	D	-0.02%
EL	F	-0.02%
TXT	D	-0.02%
NWS	B	-0.01%
FOX	A	-0.01%
WBA	F	-0.01%
QRVO	F	-0.01%
PARA	C	-0.01%
BEN	C	-0.01%
FMC	D	-0.01%
MHK	D	-0.01%
DVA	B	-0.01%
BWA	D	-0.01%
HII	D	-0.01%
IVZ	B	-0.01%
MTCH	D	-0.01%
CE	F	-0.01%
HAS	D	-0.01%
MOS	F	-0.01%
CZR	F	-0.01%
APA	D	-0.01%
RL	B	-0.01%
WYNN	D	-0.01%
FRT	B	-0.01%
ENPH	F	-0.01%
AOS	F	-0.01%
MGM	D	-0.01%
TFX	F	-0.01%
HSIC	B	-0.01%