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Direxion Daily MSCI Mexico Bull 3X Shares (MEXX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25460E7528

CUSIP

25460E752

Issuer

Direxion

Inception Date

May 3, 2017

Region

Latin America (Mexico)

Leveraged

3x

Index Tracked

MSCI Mexico IMI 25-50 Net Total Return USD Index (300%)

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

MEXX has a high expense ratio of 1.21%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) returned 84.88% year-to-date (YTD) and -45.20% over the past 12 months.


MEXX

YTD

84.88%

1M

33.60%

6M

59.14%

1Y

-45.20%

3Y*

-1.41%

5Y*

28.40%

10Y*

N/A

^GSPC (Benchmark)

YTD

-0.63%

1M

13.31%

6M

-1.23%

1Y

9.83%

3Y*

14.42%

5Y*

14.61%

10Y*

10.64%

*Annualized

Monthly Returns

The table below presents the monthly returns of MEXX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202511.67%8.38%0.19%30.42%16.90%84.88%
2024-7.52%-7.63%17.69%-17.35%-4.80%-36.98%-3.52%-19.73%1.37%-11.30%-10.82%-13.20%-73.13%
202355.76%-1.98%7.14%5.23%-7.17%15.12%10.95%-15.63%-18.57%-19.30%49.98%27.04%115.60%
2022-12.32%11.01%26.55%-27.57%15.03%-26.61%0.46%-16.68%-2.13%47.38%19.33%-19.79%-12.96%
2021-19.68%1.78%23.29%10.41%18.42%0.23%5.20%13.02%-16.74%-0.44%-18.69%44.31%52.75%
20204.53%-26.27%-78.39%4.68%21.58%-4.35%4.24%3.27%1.23%4.08%66.61%21.05%-53.63%
201928.49%-10.38%-1.85%17.62%-21.50%9.25%-14.62%-0.96%7.67%10.07%-6.29%13.38%21.40%
201823.56%-18.83%7.36%-0.99%-35.85%21.06%30.12%-11.03%4.03%-46.80%-15.40%7.09%-51.95%
2017-1.08%11.42%17.63%2.58%-12.55%-21.64%-0.85%-4.61%-13.81%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MEXX is 4, meaning it’s performing worse than 96% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MEXX is 44
Overall Rank
The Sharpe Ratio Rank of MEXX is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of MEXX is 66
Sortino Ratio Rank
The Omega Ratio Rank of MEXX is 66
Omega Ratio Rank
The Calmar Ratio Rank of MEXX is 11
Calmar Ratio Rank
The Martin Ratio Rank of MEXX is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Direxion Daily MSCI Mexico Bull 3X Shares Sharpe ratios as of May 22, 2025 (values are recalculated daily):

  • 1-Year: -0.54
  • 5-Year: 0.40
  • All Time: -0.17

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Direxion Daily MSCI Mexico Bull 3X Shares compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Direxion Daily MSCI Mexico Bull 3X Shares provided a 2.72% dividend yield over the last twelve months, with an annual payout of $0.46 per share.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017
Dividend$0.46$0.53$0.58$0.22$0.12$0.01$0.44$1.29$0.13

Dividend yield

2.72%5.80%1.66%1.33%0.63%0.12%1.60%5.61%0.27%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily MSCI Mexico Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.03$0.00$0.00$0.03
2024$0.00$0.00$0.11$0.00$0.00$0.10$0.00$0.00$0.08$0.00$0.00$0.25$0.53
2023$0.00$0.00$0.10$0.00$0.00$0.16$0.00$0.00$0.03$0.00$0.00$0.30$0.58
2022$0.00$0.00$0.00$0.00$0.00$0.06$0.00$0.00$0.01$0.00$0.00$0.15$0.22
2021$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.09$0.12
2020$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2019$0.00$0.00$0.07$0.00$0.00$0.24$0.00$0.00$0.03$0.00$0.00$0.10$0.44
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.18$0.00$0.00$0.12$1.29
2017$0.13$0.13

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily MSCI Mexico Bull 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily MSCI Mexico Bull 3X Shares was 95.58%, occurring on Apr 3, 2020. The portfolio has not yet recovered.

The current Direxion Daily MSCI Mexico Bull 3X Shares drawdown is 76.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.58%Jul 27, 2017666Apr 3, 2020
-11.79%May 17, 20172May 18, 20179Jun 5, 201711
-6.14%Jun 27, 20173Jun 29, 20174Jul 10, 20177
-2.56%Jul 19, 20173Jul 24, 20172Jul 26, 20175
-1.68%Jun 15, 20171Jun 15, 20172Jun 23, 20173

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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