Direxion Daily MSCI Mexico Bull 3X ETF
FThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$24.83+0.07 (+0.28%)
- 1.26%
- $13M
- +26.6%
- 1.83%
- 0M sh
- $23.57
- low $19.92high $39.27
The ETF.net MEXX Grade
F
Score 15 out of 100
- 30 of 31
Score 15 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F10 out of 100Rank 28 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D27 out of 100Rank 28 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F13 out of 100Rank 31 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D25 out of 100Rank 27 of 31
Our read on MEXX
FLeverage aisles are stacked with US large caps. MEXX points 3x daily at an MSCI index of Mexican stocks instead, a rare single-country amplifier that resets every session. Big swings by design, and the math is built one day at a time.
The fund seeks daily investment results, before fees and expenses, equal to 300% of the performance of the MSCI Mexico IMI 25/50 Index.
Why people hold it
- One of the few ways to take a 3x daily Mexico view inside a normal brokerage account, no futures or margin agreement required.
- No mystery in the mandate: 300% of the daily move of the MSCI Mexico IMI 25/50 Index, before fees and expenses.
- Trading since 2017, a long run for a single-country leveraged product.
Worth knowing
- The daily reset compounds. Hold through a choppy stretch and the result can land well away from 3x the index's move over that same stretch.
- At 1.26% a year it carries a heavier fee than the big US-index 3x names, such as FAS at 0.92% or UDOW at 0.95%.
- Small and thinly traded beside the headline leveraged funds, so spreads and order sizing do real work here.
MEXX Holdings
- Stocks
- 10
- 100%
- Eww Swap Asset Leg (Ewwubl)
Sectors
- Materials26.6%
- Consumer Staples24.7%
- Financials19.6%
- Industrials12.2%
- Communication8.8%
- Real Estate6.5%
- Consumer Discretionary1.2%
- Health Care0.4%
Geography
- United States100.00%
MEXX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
MEXX$12,656
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MEXX |
|---|---|
| Year to date | +0.1% |
| 1 month | −10.1% |
| 3 months | −11.1% |
| 1 year | +26.6% |
| 3 years | +10.9% |
| 5 years | +10.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MEXX |
|---|---|---|
| 2026 YTD | +0.1% | |
| 2025 | +181.1% | |
| 2024 | −73.1% | |
| 2023 | +115.5% | |
| 2022 | −13.0% | |
| 2021 | +52.8% | |
| 2020 | −53.6% |
MEXX in the news
MEXX Dividends
- 1.83%
- $0.45
- $0.04 per share
- Quarterly
Distribution history
MEXX Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 62.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −74.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MEXX Cost
1.26%
MEXX1.26%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
26 of the 30 3x Leveraged Long funds charge less.
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