MEXX vs. NTSD

Last updated Jun 4, 2026

MEXX (Direxion Daily MSCI Mexico Bull 3X Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. MEXX is passively managed, while NTSD is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. MEXX charges 1.21%/yr vs 0.35%/yr for NTSD.

Performance

MEXX vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MEXX

• 1D: -3.80%
• 1M: 7.60%
• YTD: 25.36%
• 6M: 36.34%
• 1Y: 90.76%
• 3Y*: 7.01%
• 5Y*: 15.32%
• 10Y*: —

NTSD

• 1D: -1.11%
• 1M: 7.13%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MEXX vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
MEXX Direxion Daily MSCI Mexico Bull 3X Shares	19.25%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between MEXX and NTSD is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.70

Return for Risk

MEXX vs. NTSD — Risk / Return Rank

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

MEXX

MEXX Risk / Return Rank: 42
MEXX Sharpe Ratio Rank: 41
MEXX Sortino Ratio Rank: 39
MEXX Omega Ratio Rank: 39
MEXX Calmar Ratio Rank: 47
MEXX Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MEXX vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). 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	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	1.45	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.35	—	—
Martin ratio: Return relative to average drawdown	7.26	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MEXX	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	5.08	-5.15

Drawdowns

MEXX vs. NTSD - Drawdown Comparison

The maximum MEXX drawdown since its inception was -95.58%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for MEXX and NTSD.

Drawdown Indicators

	MEXX	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-95.58%	-5.20%	-90.38%
Max Drawdown (1Y) Largest decline over 1 year	-38.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-74.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-74.92%	—	—
Current Drawdown Current decline from peak	-54.40%	-1.11%	-53.29%
Average Drawdown Average peak-to-trough decline	-65.53%	-0.84%	-64.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.55%	—	—

Volatility

Volatility by Period

	MEXX	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	52.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	62.78%	24.28%	+38.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.88%	24.28%	+42.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.43%	24.28%	+50.15%

MEXX vs. NTSD - Expense Ratio Comparison

MEXX has a 1.21% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

MEXX vs. NTSD - Dividend Comparison

MEXX's dividend yield for the trailing twelve months is around 1.27%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MEXX Direxion Daily MSCI Mexico Bull 3X Shares	1.27%	1.60%	5.81%	1.66%	1.33%	0.63%	0.12%	1.60%	5.61%	0.27%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MEXX and NTSD in my portfolio?

MEXX and NTSD have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MEXX or NTSD?

On fees, NTSD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEXX or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.21% for MEXX.

Which ETF pays a higher dividend yield, MEXX or NTSD?

MEXX has the higher dividend yield at 1.27%, compared with 0.00% for NTSD.

What is the main difference between MEXX and NTSD?

They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 1.21% for MEXX and 0.35% for NTSD.