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

Correlation

The correlation between FLMX and MEXX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

FLMX vs. MEXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Mexico ETF (FLMX) 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%JulyAugustSeptemberOctoberNovemberDecember
15.98%
-79.50%
FLMX
MEXX

Key characteristics

Sharpe Ratio

FLMX:

-1.13

MEXX:

-0.98

Sortino Ratio

FLMX:

-1.50

MEXX:

-1.65

Omega Ratio

FLMX:

0.81

MEXX:

0.79

Calmar Ratio

FLMX:

-0.89

MEXX:

-0.82

Martin Ratio

FLMX:

-1.59

MEXX:

-1.53

Ulcer Index

FLMX:

16.79%

MEXX:

46.16%

Daily Std Dev

FLMX:

23.74%

MEXX:

72.13%

Max Drawdown

FLMX:

-50.05%

MEXX:

-95.58%

Current Drawdown

FLMX:

-30.11%

MEXX:

-85.99%

Returns By Period

In the year-to-date period, FLMX achieves a -26.86% return, which is significantly higher than MEXX's -70.86% return.


FLMX

YTD

-26.86%

1M

-3.95%

6M

-15.12%

1Y

-25.53%

5Y*

3.43%

10Y*

N/A

MEXX

YTD

-70.86%

1M

-9.68%

6M

-43.58%

1Y

-69.10%

5Y*

-18.36%

10Y*

N/A

Compare stocks, funds, or ETFs

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


FLMX vs. MEXX - Expense Ratio Comparison

FLMX has a 0.19% expense ratio, which is lower than MEXX's 1.21% expense ratio.


MEXX
Direxion Daily MSCI Mexico Bull 3X Shares
Expense ratio chart for MEXX: current value at 1.21% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.21%
Expense ratio chart for FLMX: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

FLMX vs. MEXX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Mexico ETF (FLMX) 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.


Sharpe ratio
The chart of Sharpe ratio for FLMX, currently valued at -1.13, compared to the broader market0.002.004.00-1.13-0.98
The chart of Sortino ratio for FLMX, currently valued at -1.50, compared to the broader market-2.000.002.004.006.008.0010.00-1.50-1.65
The chart of Omega ratio for FLMX, currently valued at 0.81, compared to the broader market0.501.001.502.002.503.000.810.79
The chart of Calmar ratio for FLMX, currently valued at -0.89, compared to the broader market0.005.0010.0015.00-0.89-0.85
The chart of Martin ratio for FLMX, currently valued at -1.59, compared to the broader market0.0020.0040.0060.0080.00100.00-1.59-1.53
FLMX
MEXX

The current FLMX Sharpe Ratio is -1.13, which is comparable to the MEXX Sharpe Ratio of -0.98. The chart below compares the historical Sharpe Ratios of FLMX 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-1.20-1.00-0.80-0.60-0.40-0.200.000.20JulyAugustSeptemberOctoberNovemberDecember
-1.13
-0.98
FLMX
MEXX

Dividends

FLMX vs. MEXX - Dividend Comparison

FLMX's dividend yield for the trailing twelve months is around 0.78%, less than MEXX's 5.72% yield.


TTM2023202220212020201920182017
FLMX
Franklin FTSE Mexico ETF
0.78%2.90%4.22%3.15%1.48%2.95%2.51%0.31%
MEXX
Direxion Daily MSCI Mexico Bull 3X Shares
2.77%1.66%1.33%0.63%0.12%1.60%5.61%0.27%

Drawdowns

FLMX vs. MEXX - Drawdown Comparison

The maximum FLMX drawdown since its inception was -50.05%, smaller than the maximum MEXX drawdown of -95.58%. Use the drawdown chart below to compare losses from any high point for FLMX and MEXX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-30.11%
-82.69%
FLMX
MEXX

Volatility

FLMX vs. MEXX - Volatility Comparison

The current volatility for Franklin FTSE Mexico ETF (FLMX) is 6.49%, while Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) has a volatility of 18.73%. This indicates that FLMX 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%50.00%JulyAugustSeptemberOctoberNovemberDecember
6.49%
18.73%
FLMX
MEXX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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