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Direxion Daily MSCI Mexico Bull 3X Shares

MEXX
ETF · Currency in USD
ISIN
US25460E7528
CUSIP
25460E752
Issuer
Direxion
Inception Date
May 3, 2017
Region
Latin America (Mexico)
Category
Leveraged Equities
Leveraged
3x
Expense Ratio
1.21%
Index Tracked
MSCI Mexico IMI 25-50 Net Total Return USD Index (300%)
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

MEXXPrice Chart


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S&P 500

MEXXPerformance

The chart shows the growth of $10,000 invested in Direxion Daily MSCI Mexico Bull 3X Shares on May 4, 2017 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $2,882 for a total return of roughly -71.18%. All prices are adjusted for splits and dividends.


MEXX (Direxion Daily MSCI Mexico Bull 3X Shares)
Benchmark (S&P 500)

MEXXReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M-5.42%
YTD23.61%
6M28.01%
1Y153.92%
5Y-26.05%
10Y-26.05%

MEXXMonthly Returns Heatmap


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MEXXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily MSCI Mexico Bull 3X Shares Sharpe ratio is 3.35. A Sharpe ratio of 3.0 or higher is considered excellent.

The chart below displays rolling 12-month Sharpe Ratio.


MEXX (Direxion Daily MSCI Mexico Bull 3X Shares)
Benchmark (S&P 500)

MEXXDividends

Direxion Daily MSCI Mexico Bull 3X Shares granted a 0.12% dividend yield in the last twelve months, as of Jun 12, 2021. The annual payout for that period amounted to $0.09 per share.


PeriodTTM2020201920182017
Dividend$0.09$0.07$2.20$6.47$0.67

Dividend yield

0.12%0.12%1.60%5.61%0.27%

MEXXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


MEXX (Direxion Daily MSCI Mexico Bull 3X Shares)
Benchmark (S&P 500)

MEXXWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily MSCI Mexico Bull 3X Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily MSCI Mexico Bull 3X Shares is 95.58%, recorded on Apr 3, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.58%Jul 27, 2017677Apr 3, 2020
-11.8%May 17, 20172May 18, 201711Jun 5, 201713
-6.14%Jun 27, 20173Jun 29, 20176Jul 10, 20179
-2.56%Jul 19, 20174Jul 24, 20172Jul 26, 20176
-1.68%Jun 15, 20171Jun 15, 20176Jun 23, 20177
-1.67%May 5, 20171May 5, 20175May 12, 20176
-1.38%Jun 7, 20171Jun 7, 20174Jun 13, 20175
-0.62%Jul 17, 20171Jul 17, 20171Jul 18, 20172
0%Jan 1, 19700Jan 1, 1970
0%Jan 1, 19700Jan 1, 1970

MEXXVolatility Chart

Current Direxion Daily MSCI Mexico Bull 3X Shares volatility is 32.22%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


MEXX (Direxion Daily MSCI Mexico Bull 3X Shares)
Benchmark (S&P 500)

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