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

Key characteristics


MEXXFLMX
YTD Return-65.66%-22.24%
1Y Return-48.38%-10.06%
3Y Return (Ann)-11.47%4.32%
5Y Return (Ann)-14.39%5.42%
Sharpe Ratio-0.66-0.39
Sortino Ratio-0.67-0.39
Omega Ratio0.910.95
Calmar Ratio-0.57-0.35
Martin Ratio-1.22-0.68
Ulcer Index38.99%13.69%
Daily Std Dev72.20%23.60%
Max Drawdown-95.58%-50.05%
Current Drawdown-83.49%-25.70%

Correlation

-0.50.00.51.00.9

The correlation between MEXX and FLMX 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.

Performance

MEXX vs. FLMX - Performance Comparison

In the year-to-date period, MEXX achieves a -65.66% return, which is significantly lower than FLMX's -22.24% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-61.90%
-22.39%
MEXX
FLMX

Compare stocks, funds, or ETFs

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


MEXX vs. FLMX - Expense Ratio Comparison

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

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.


MEXX
Sharpe ratio
The chart of Sharpe ratio for MEXX, currently valued at -0.66, compared to the broader market0.002.004.006.00-0.66
Sortino ratio
The chart of Sortino ratio for MEXX, currently valued at -0.67, compared to the broader market0.005.0010.00-0.67
Omega ratio
The chart of Omega ratio for MEXX, currently valued at 0.91, compared to the broader market1.001.502.002.503.000.91
Calmar ratio
The chart of Calmar ratio for MEXX, currently valued at -0.59, compared to the broader market0.005.0010.0015.0020.00-0.59
Martin ratio
The chart of Martin ratio for MEXX, currently valued at -1.22, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-1.22
FLMX
Sharpe ratio
The chart of Sharpe ratio for FLMX, currently valued at -0.39, compared to the broader market0.002.004.006.00-0.39
Sortino ratio
The chart of Sortino ratio for FLMX, currently valued at -0.39, compared to the broader market0.005.0010.00-0.39
Omega ratio
The chart of Omega ratio for FLMX, currently valued at 0.95, compared to the broader market1.001.502.002.503.000.95
Calmar ratio
The chart of Calmar ratio for FLMX, currently valued at -0.35, compared to the broader market0.005.0010.0015.0020.00-0.35
Martin ratio
The chart of Martin ratio for FLMX, currently valued at -0.68, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.68

MEXX vs. FLMX - Sharpe Ratio Comparison

The current MEXX Sharpe Ratio is -0.66, which is lower than the FLMX Sharpe Ratio of -0.39. 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-0.500.000.501.00JuneJulyAugustSeptemberOctoberNovember
-0.66
-0.39
MEXX
FLMX

Dividends

MEXX vs. FLMX - Dividend Comparison

MEXX's dividend yield for the trailing twelve months is around 4.86%, more than FLMX's 3.39% yield.


TTM2023202220212020201920182017
MEXX
Direxion Daily MSCI Mexico Bull 3X Shares
4.86%1.66%1.33%0.63%0.12%1.60%5.61%0.27%
FLMX
Franklin FTSE Mexico ETF
3.39%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%0.00%JuneJulyAugustSeptemberOctoberNovember
-79.59%
-25.70%
MEXX
FLMX

Volatility

MEXX vs. FLMX - Volatility Comparison

Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) has a higher volatility of 12.15% compared to Franklin FTSE Mexico ETF (FLMX) at 4.40%. 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%50.00%JuneJulyAugustSeptemberOctoberNovember
12.15%
4.40%
MEXX
FLMX