Direxion Daily MSCI Mexico Bull 3X ETF
$25.33−1.10 (−4.16%)
- Expense ratio
- 1.26%
- Fund size
- $16M
- 1Y return
- +19.3%
- Yield · Last 12 months
- 1.56%
- Holdings
- 9
- Volume · 30D
- 0M sh
- NAV per share
- $26.35
- 52W range
The ETF.net MEXX Grade
Score 17 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 10Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 31Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 15Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 24Category rank
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
- 9
- 100%
- EWW SWAP ASSET LEG (EWWUBL)
Sectors
- Materials26.7%
- Cons. Staples24.0%
- Financials19.9%
- Industrials12.0%
- Communication9.2%
- Real Estate6.5%
- Consumer Discr.1.1%
- 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.
Returns run to the Sep 22, 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 | +6.7% |
| 1 month | −11.9% |
| 3 months | −10.5% |
| 1 year | +19.3% |
| 3 years | +4.2% |
| 5 years | +10.2% |
| 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 | +6.7% | |
| 2025 | +181.1% | |
| 2024 | −73.1% | |
| 2023 | +115.5% | |
| 2022 | −13.0% | |
| 2021 | +52.8% | |
| 2020 | −53.6% |
MEXX in the news
ETF.net Research hasn’t filed on MEXX yet — coverage lands here as it’s written.
MEXX Dividends
- 1.56%
- $0.41
- $0.23 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2026 | Jun 30, 2026 | $0.23 |
| Mar 24, 2026 | Mar 31, 2026 | $0.03 |
| Dec 23, 2025 | Dec 31, 2025 | $0.16 |
| Jun 24, 2025 | Jul 1, 2025 | $0.21 |
| Mar 25, 2025 | Apr 1, 2025 | $0.03 |
| Dec 23, 2024 | Dec 31, 2024 | $0.25 |
| Sep 24, 2024 | Oct 1, 2024 | $0.08 |
| Jun 25, 2024 | Jul 2, 2024 | $0.10 |
| Mar 19, 2024 | Mar 26, 2024 | $0.11 |
| Dec 21, 2023 | Dec 29, 2023 | $0.30 |
| Sep 19, 2023 | Sep 26, 2023 | $0.03 |
| Jun 21, 2023 | Jun 28, 2023 | $0.16 |
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.
- 62.1%
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.
- 0.28
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.
- 2.04
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
- The middle half of 3x Leveraged Long funds
- Median 0.98%
26 of the 30 3x Leveraged Long funds charge less.