- Inception Date
- May 24, 1990
- Category
- Latin America Equities
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MXE Performance Chart
Mexico Equity and Income Fund Inc (MXE) is up 9.4% since the beginning of the year. MXE is currently trading at $14 per share. Investors who bought $1,000 worth of MXE shares 5 years ago would now be looking at an investment worth $1,243.
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Returns By Period
Mexico Equity and Income Fund Inc (MXE) has returned 9.43% so far this year and 37.26% over the past 12 months. Over the last ten years, MXE has returned 3.67% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Mexico Equity and Income Fund Inc
- 1D
- 0.00%
- 1M
- 0.95%
- YTD
- 9.43%
- 6M
- 10.14%
- 1Y
- 37.26%
- 3Y*
- 13.90%
- 5Y*
- 4.44%
- 10Y*
- 3.67%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MXE Monthly Returns History
Based on dividend-adjusted daily data since Aug 15, 1990, MXE's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 56% of months were positive and 44% were negative. The best month was Feb 1992 with a return of +36.9%, while the worst month was Aug 1998 at -36.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MXE closed higher 48% of trading days. The best single day was Mar 10, 1995 with a return of +18.9%, while the worst single day was Dec 23, 1997 at -27.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.27% | 6.48% | -8.77% | 1.86% | 4.87% | -1.69% | 9.43% | ||||||
| 2025 | 3.61% | 5.77% | -0.91% | 8.55% | 5.34% | 5.00% | 1.91% | 4.31% | 6.65% | -1.94% | 1.46% | 6.84% | 57.14% |
| 2024 | -1.16% | -0.99% | 5.47% | -4.41% | -3.71% | -9.77% | -0.10% | -7.61% | 3.50% | -4.80% | -3.44% | -1.33% | -25.74% |
| 2023 | 14.35% | -0.43% | 0.73% | -0.30% | -2.19% | 2.25% | 6.56% | -5.05% | -7.48% | -5.64% | 14.43% | 13.33% | 31.01% |
| 2022 | -2.13% | 3.09% | 1.44% | -6.57% | 3.63% | -9.16% | -1.87% | -0.89% | -3.33% | 9.54% | 10.84% | -4.22% | -1.57% |
| 2021 | -7.29% | 3.77% | 8.86% | 9.51% | 6.45% | 1.18% | 2.83% | 2.26% | -14.78% | -20.87% | -6.33% | 11.64% | -8.42% |
Benchmark Metrics
Mexico Equity and Income Fund Inc has an annualized alpha of 2.89%, beta of 0.77, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since August 15, 1990.
- This fund participated in 114.44% of S&P 500 Index downside but only 102.12% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.21 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.89%
- Beta
- 0.77
- R²
- 0.21
- Upside Capture
- 102.12%
- Downside Capture
- 114.44%
Expense Ratio
MXE has an expense ratio of 0.02%, which is considered low.
Return for Risk
Risk / Return Rank
MXE ranks 45 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Mexico Equity and Income Fund Inc (MXE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MXE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 2.78 | -0.14 |
| Martin ratioReturn relative to average drawdown | 9.14 | 12.44 | -3.30 |
Dividends
Dividend History
Mexico Equity and Income Fund Inc provided a 1.73% dividend yield over the last twelve months, with an annual payout of $0.23 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.23 | $0.30 | $0.30 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.05 | $0.00 | $0.56 |
Dividend yield | 1.73% | 1.89% | 3.71% | 2.69% | 0.00% | 0.00% | 0.00% | 1.04% | 0.01% | 0.47% | 0.00% | 5.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Mexico Equity and Income Fund Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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 Mexico Equity and Income Fund Inc. 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 Mexico Equity and Income Fund Inc was 81.73%, occurring on Sep 10, 1998. Recovery took 1630 trading sessions.
The current Mexico Equity and Income Fund Inc drawdown is 4.66%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
1998 bear market1998 | -81.73%Sep 1998 | 4y 8mo | 6y 6mo | 11y 2moDec 1993 - Mar 2005 |
Financial crisis2007–2009 | -81.68%Mar 2009 | 1y 7mo | 5y 3mo | 6y 11moJul 2007 - Jun 2014 |
COVID crash2020 | -58.98%Mar 2020 | 5y 6mo | 5y 10mo | 11y 4moSep 2014 - Jan 2026 |
1992 bear market1992 | -38.10%Sep 1992 | 6mo 23d | 1y 29d | 1y 7moMar 1992 - Oct 1993 |
1990 bear market1990 | -29.46%Oct 1990 | 1mo 21d | 6mo 8d | 7mo 29dAug 1990 - Apr 1991 |
Drawdown Indicators
| MXE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.73% | -56.78% | -24.95% |
Max Drawdown (1Y)Largest decline over 1 year | -14.14% | -9.10% | -5.04% |
Max Drawdown (3Y)Largest decline over 3 years | -28.77% | -18.90% | -9.87% |
Max Drawdown (5Y)Largest decline over 5 years | -42.10% | -25.43% | -16.67% |
Max Drawdown (10Y)Largest decline over 10 years | -52.04% | -33.92% | -18.12% |
Current DrawdownCurrent decline from peak | -4.66% | -1.80% | -2.86% |
Average DrawdownAverage peak-to-trough decline | -34.14% | -10.71% | -23.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.09% | 2.03% | +2.06% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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