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EWW vs. MEXX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWW and MEXX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

EWW vs. MEXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Mexico ETF (EWW) and Direxion Daily MSCI Mexico Bull 3X Shares (MEXX). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%20.00%40.00%NovemberDecember2025FebruaryMarchApril
38.12%
-70.17%
EWW
MEXX

Key characteristics

Sharpe Ratio

EWW:

-0.33

MEXX:

-0.58

Sortino Ratio

EWW:

-0.27

MEXX:

-0.48

Omega Ratio

EWW:

0.97

MEXX:

0.94

Calmar Ratio

EWW:

-0.30

MEXX:

-0.56

Martin Ratio

EWW:

-0.45

MEXX:

-0.86

Ulcer Index

EWW:

20.81%

MEXX:

57.16%

Daily Std Dev

EWW:

28.46%

MEXX:

84.21%

Max Drawdown

EWW:

-64.94%

MEXX:

-95.58%

Current Drawdown

EWW:

-14.59%

MEXX:

-78.54%

Returns By Period

In the year-to-date period, EWW achieves a 23.75% return, which is significantly lower than MEXX's 66.10% return.


EWW

YTD

23.75%

1M

12.24%

6M

13.69%

1Y

-9.84%

5Y*

18.37%

10Y*

2.37%

MEXX

YTD

66.10%

1M

31.24%

6M

23.04%

1Y

-49.84%

5Y*

29.58%

10Y*

N/A

*Annualized

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EWW vs. MEXX - Expense Ratio Comparison

EWW has a 0.49% expense ratio, which is lower than MEXX's 1.21% expense ratio.


Expense ratio chart for MEXX: current value is 1.21%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MEXX: 1.21%
Expense ratio chart for EWW: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EWW: 0.49%

Risk-Adjusted Performance

EWW vs. MEXX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EWW
The Risk-Adjusted Performance Rank of EWW is 99
Overall Rank
The Sharpe Ratio Rank of EWW is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of EWW is 99
Sortino Ratio Rank
The Omega Ratio Rank of EWW is 99
Omega Ratio Rank
The Calmar Ratio Rank of EWW is 77
Calmar Ratio Rank
The Martin Ratio Rank of EWW is 1313
Martin Ratio Rank

MEXX
The Risk-Adjusted Performance Rank of MEXX is 55
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 88
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.

EWW vs. MEXX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Mexico ETF (EWW) and Direxion Daily MSCI Mexico Bull 3X Shares (MEXX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for EWW, currently valued at -0.33, compared to the broader market-1.000.001.002.003.004.00
EWW: -0.33
MEXX: -0.58
The chart of Sortino ratio for EWW, currently valued at -0.27, compared to the broader market-2.000.002.004.006.008.00
EWW: -0.27
MEXX: -0.48
The chart of Omega ratio for EWW, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
EWW: 0.97
MEXX: 0.94
The chart of Calmar ratio for EWW, currently valued at -0.30, compared to the broader market0.002.004.006.008.0010.0012.00
EWW: -0.30
MEXX: -0.56
The chart of Martin ratio for EWW, currently valued at -0.45, compared to the broader market0.0020.0040.0060.00
EWW: -0.45
MEXX: -0.86

The current EWW Sharpe Ratio is -0.33, which is higher than the MEXX Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of EWW and MEXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.20-1.00-0.80-0.60-0.40-0.200.00NovemberDecember2025FebruaryMarchApril
-0.33
-0.58
EWW
MEXX

Dividends

EWW vs. MEXX - Dividend Comparison

EWW's dividend yield for the trailing twelve months is around 3.55%, more than MEXX's 3.03% yield.


TTM20242023202220212020201920182017201620152014
EWW
iShares MSCI Mexico ETF
3.55%4.39%2.19%3.64%2.06%1.43%2.92%2.30%2.22%1.77%2.34%1.23%
MEXX
Direxion Daily MSCI Mexico Bull 3X Shares
3.03%5.80%1.66%1.33%0.63%0.12%1.60%5.61%0.27%0.00%0.00%0.00%

Drawdowns

EWW vs. MEXX - Drawdown Comparison

The maximum EWW drawdown since its inception was -64.94%, smaller than the maximum MEXX drawdown of -95.58%. Use the drawdown chart below to compare losses from any high point for EWW and MEXX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%NovemberDecember2025FebruaryMarchApril
-14.59%
-78.54%
EWW
MEXX

Volatility

EWW vs. MEXX - Volatility Comparison

The current volatility for iShares MSCI Mexico ETF (EWW) is 14.37%, while Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) has a volatility of 43.27%. This indicates that EWW experiences smaller price fluctuations and is considered to be less risky than MEXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
14.37%
43.27%
EWW
MEXX