Direxion Launches Actively Managed Tactical ETF

Direxion launched the actively managed Direxion HCM Tactical Enhanced US ETF (NYSE Arca: HCMT) on the New York Stock Exchange. HCMT seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. HCMT attempts to outperform the major U.S. equity indices during market upswings by using derivatives. Meanwhile, it [...] The post Direxion Launches Actively Managed Tactical ETF appeared first on ETF Trends .