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

Correlation

The correlation between MEXX and FLMX is 0.49, 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

MEXX vs. FLMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) and Franklin FTSE Mexico ETF (FLMX). 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%December2025FebruaryMarchAprilMay
-70.64%
38.36%
MEXX
FLMX

Key characteristics

Sharpe Ratio

MEXX:

-0.64

FLMX:

-0.46

Sortino Ratio

MEXX:

-0.62

FLMX:

-0.46

Omega Ratio

MEXX:

0.92

FLMX:

0.94

Calmar Ratio

MEXX:

-0.62

FLMX:

-0.40

Martin Ratio

MEXX:

-0.93

FLMX:

-0.60

Ulcer Index

MEXX:

57.59%

FLMX:

21.21%

Daily Std Dev

MEXX:

84.18%

FLMX:

27.63%

Max Drawdown

MEXX:

-95.58%

FLMX:

-50.05%

Current Drawdown

MEXX:

-79.93%

FLMX:

-16.63%

Returns By Period

In the year-to-date period, MEXX achieves a 55.28% return, which is significantly higher than FLMX's 21.95% return.


MEXX

YTD

55.28%

1M

20.38%

6M

20.20%

1Y

-50.57%

5Y*

29.52%

10Y*

N/A

FLMX

YTD

21.95%

1M

9.70%

6M

12.30%

1Y

-10.89%

5Y*

18.28%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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MEXX vs. FLMX - Expense Ratio Comparison

MEXX has a 1.21% expense ratio, which is higher than FLMX's 0.19% 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 FLMX: current value is 0.19%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FLMX: 0.19%

Risk-Adjusted Performance

MEXX vs. FLMX — Risk-Adjusted Performance Rank

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

MEXX
The Risk-Adjusted Performance Rank of MEXX is 44
Overall Rank
The Sharpe Ratio Rank of MEXX is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of MEXX is 44
Sortino Ratio Rank
The Omega Ratio Rank of MEXX is 44
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

FLMX
The Risk-Adjusted Performance Rank of FLMX is 66
Overall Rank
The Sharpe Ratio Rank of FLMX is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of FLMX is 66
Sortino Ratio Rank
The Omega Ratio Rank of FLMX is 66
Omega Ratio Rank
The Calmar Ratio Rank of FLMX is 44
Calmar Ratio Rank
The Martin Ratio Rank of FLMX is 1010
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.

MEXX vs. FLMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) and Franklin FTSE Mexico ETF (FLMX). 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 MEXX, currently valued at -0.64, compared to the broader market-1.000.001.002.003.004.00
MEXX: -0.64
FLMX: -0.46
The chart of Sortino ratio for MEXX, currently valued at -0.62, compared to the broader market-2.000.002.004.006.008.00
MEXX: -0.62
FLMX: -0.46
The chart of Omega ratio for MEXX, currently valued at 0.92, compared to the broader market0.501.001.502.002.50
MEXX: 0.92
FLMX: 0.94
The chart of Calmar ratio for MEXX, currently valued at -0.64, compared to the broader market0.002.004.006.008.0010.00
MEXX: -0.64
FLMX: -0.40
The chart of Martin ratio for MEXX, currently valued at -0.93, compared to the broader market0.0020.0040.0060.00
MEXX: -0.93
FLMX: -0.60

The current MEXX Sharpe Ratio is -0.64, which is lower than the FLMX Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of MEXX and FLMX, 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-1.20-1.00-0.80-0.60-0.40-0.20December2025FebruaryMarchAprilMay
-0.64
-0.46
MEXX
FLMX

Dividends

MEXX vs. FLMX - Dividend Comparison

MEXX's dividend yield for the trailing twelve months is around 3.24%, more than FLMX's 2.72% yield.


TTM20242023202220212020201920182017
MEXX
Direxion Daily MSCI Mexico Bull 3X Shares
3.24%5.80%1.66%1.33%0.63%0.12%1.60%5.61%0.27%
FLMX
Franklin FTSE Mexico ETF
2.72%3.31%2.90%4.22%3.15%1.48%2.95%2.51%0.31%

Drawdowns

MEXX vs. FLMX - Drawdown Comparison

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


-80.00%-60.00%-40.00%-20.00%December2025FebruaryMarchAprilMay
-75.21%
-16.63%
MEXX
FLMX

Volatility

MEXX vs. FLMX - Volatility Comparison

Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) has a higher volatility of 43.77% compared to Franklin FTSE Mexico ETF (FLMX) at 14.01%. This indicates that MEXX's price experiences larger fluctuations and is considered to be riskier than FLMX 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%December2025FebruaryMarchAprilMay
43.77%
14.01%
MEXX
FLMX