HCMT vs IIM

Comparison between DIREXION HCM TACTICAL ENHANCED US ETF (HCMT, ETF) and Invesco Value Municipal Income Trust (IIM, ETF).

HCMT vs IIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HCMT(ETF)	IIM(ETF)
Net Assets	$566M	$567M
Max Drawdown	36.71%	46.54%
Sharpe Ratio	0.60	1.07
5Y Beta	1.61	0.20
P/E Ratio	26.20	N/A
Forward P/E	20.87	N/A
PEG Ratio	0.38	N/A
5Y Dividends CAGR	N/A	5.75%
5Y EPS CAGR	26.30%	N/A
Debt to Equity	48.41%	N/A
P/S Ratio	3.72	N/A
P/B Ratio	5.57	N/A

Net Assets

HCMT

$566M

Winner

IIM

$567M

Max Drawdown

Winner

HCMT

36.71%

IIM

46.54%

Sharpe Ratio

HCMT

0.60

Winner

IIM

1.07

5Y Beta

HCMT

1.61

Winner

IIM

0.20

P/E Ratio

HCMT

26.20

IIM

N/A

Forward P/E

HCMT

20.87

IIM

N/A

PEG Ratio

HCMT

0.38

IIM

N/A

5Y Dividends CAGR

HCMT

N/A

IIM

5.75%

5Y EPS CAGR

HCMT

26.30%

IIM

N/A

Debt to Equity

HCMT

48.41%

IIM

N/A

P/S Ratio

HCMT

3.72

IIM

N/A

P/B Ratio

HCMT

5.57

IIM

N/A

HCMT vs IIM - Historical Returns

Returns include dividend reinvestment.

Period	HCMT	IIM
1 month	+6.64%	+1.83%
3 months	-1.63%	+4.68%
6 months	+5.55%	-0.40%
1 year	+19.18%	+15.87%
5 years(CAGR)	N/A	-0.06%
10 years(CAGR)	N/A	+2.40%
Max(CAGR)	+17.67%	+5.61%

Winner

HCMT

+6.64%

IIM

+1.83%

HCMT

-1.63%

Winner

IIM

+4.68%

Winner

HCMT

+5.55%

IIM

-0.40%

Winner

HCMT

+19.18%

IIM

+15.87%

5Y(CAGR)

HCMT

N/A

IIM

-0.06%

10Y(CAGR)

HCMT

N/A

IIM

+2.40%

Max(CAGR)

Winner

HCMT

+17.67%

IIM

+5.61%

HCMT vs IIM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HCMT	IIM
2026	+6.23%	+6.54%
2025	+6.08%	+10.49%
2024	+42.97%	+8.05%
2023	+5.66%	+1.96%
2022	N/A	-24.99%
2021	N/A	+14.43%
2020	N/A	+6.40%
2019	N/A	+16.89%
2018	N/A	-3.94%
2017	N/A	+6.76%
2016	N/A	-6.13%
2015	N/A	+4.87%
2014	N/A	+27.82%
2013	N/A	-15.82%
2012	N/A	+10.32%
2011	N/A	+26.65%
2010	N/A	+2.22%
2009	N/A	+35.02%
2008	N/A	-16.26%
2007	N/A	-1.26%
2006	N/A	+9.16%
2005	N/A	+6.85%
2004	N/A	+0.01%
2003	N/A	+13.26%
2002	N/A	+10.83%
2001	N/A	+8.90%
2000	N/A	+9.86%
1999	N/A	-5.21%

HCMT vs IIM Drawdown Comparison

The maximum drawdown for HCMT was -36.26%, occurring on Apr 21, 2025. Recovery took 172 trading sessions.

The maximum drawdown for IIM was -40.17%, occurring on Oct 10, 2008. Recovery took 364 trading sessions.

The current HCMT drawdown is -5.34%. The current IIM drawdown is -2.45%.

Rank	HCMT	IIM
#1	-36.26% Feb 19, 2025 - Oct 24, 2025	-40.17% Feb 12, 2008 - Jul 23, 2009
#2	-20.99% Jul 10, 2024 - Nov 6, 2024	-35.72% Dec 31, 2021 - Jul 2, 2026
#3	-16.15% Jul 19, 2023 - Jan 19, 2024	-28.68% Mar 6, 2020 - Nov 30, 2020
#4	-15.57% Jun 2, 2026 - Jul 29, 2026	-21.70% Jan 9, 2013 - Oct 3, 2014
#5	-15.27% Oct 29, 2025 - May 26, 2026	-18.68% Jul 11, 2016 - Aug 2, 2019
#6	-11.87% Mar 21, 2024 - May 15, 2024	-17.73% Sep 8, 2010 - Aug 22, 2011
#7	-9.62% Dec 16, 2024 - Feb 18, 2025	-16.13% Jan 29, 2015 - Jan 4, 2016
#8	-5.35% Nov 8, 2024 - Dec 2, 2024	-13.63% Mar 8, 2004 - Jun 16, 2005
#9	-4.12% Feb 9, 2024 - Feb 22, 2024	-13.17% Mar 9, 2012 - Jan 2, 2013
#10	-3.94% Jan 29, 2024 - Feb 2, 2024	-10.27% Nov 4, 1999 - Jul 6, 2000
#11	-3.58% Mar 7, 2024 - Mar 20, 2024	-10.27% Sep 13, 2000 - Jan 8, 2001
#12	-3.20% Mar 1, 2024 - Mar 7, 2024	-9.06% Jun 16, 2003 - Dec 16, 2003
#13	-3.20% Jun 22, 2023 - Jun 30, 2023	-8.74% May 15, 2007 - Jan 14, 2008
#14	-3.02% May 28, 2024 - Jun 5, 2024	-7.97% Sep 14, 2021 - Dec 31, 2021
#15	-2.94% Jun 17, 2024 - Jul 2, 2024	-7.40% Oct 8, 2009 - Dec 17, 2009

Correlation

Correlation between HCMT and IIM is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2000 - 2026)

HCMT vs IIM dividend yield comparison.

Year	HCMT	IIM
2026	0.46%	4.92%
2025	0.43%	7.51%
2024	2.75%	6.58%
2023	0.63%	4.72%
2022	0.00%	5.87%
2021	0.00%	4.51%
2020	0.00%	4.48%
2019	0.00%	4.61%
2018	0.00%	5.43%
2017	0.00%	4.99%
2016	0.00%	5.52%
2015	0.00%	5.20%
2014	0.00%	5.49%
2013	0.00%	6.67%
2012	0.00%	5.35%
2011	0.00%	5.50%
2010	0.00%	6.44%
2009	0.00%	5.70%
2008	0.00%	7.39%
2007	0.00%	5.22%
2006	0.00%	5.82%
2005	0.00%	6.10%
2004	0.00%	6.47%
2003	0.00%	8.03%
2002	0.00%	5.82%
2001	0.00%	5.68%
2000	0.00%	2.54%