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MEXX
Upturn stock ratingUpturn stock rating

Direxion Daily MSCI Mexico Bull 3X Shares Direxion Daily MSCI Mexico Bull 3 (MEXX)

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$17.36
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
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*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

08/14/2025: MEXX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit -43.02%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 2.5
52 Weeks Range 8.33 - 21.50
Updated Date 06/29/2025
52 Weeks Range 8.33 - 21.50
Updated Date 06/29/2025

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Direxion Daily MSCI Mexico Bull 3X Shares Direxion Daily MSCI Mexico Bull 3

stock logo

ETF Overview

overview logo Overview

The Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Mexico IMI 25/50 Index. It's a leveraged ETF designed for short-term trading and not for long-term investment.

reliability logo Reputation and Reliability

Direxion is a well-known issuer of leveraged and inverse ETFs. They have a history of providing a variety of specialized investment products.

reliability logo Management Expertise

Direxion's management team has experience in creating and managing leveraged ETFs, but the complexity of these products requires careful risk management.

Investment Objective

overview logo Goal

To seek daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Mexico IMI 25/50 Index.

Investment Approach and Strategy

Strategy: The ETF aims to deliver three times the daily performance of the MSCI Mexico IMI 25/50 Index through leveraged investments.

Composition The ETF primarily holds financial instruments, such as swap agreements, repurchase agreements, and other derivatives, to achieve its leveraged exposure to the index.

Market Position

Market Share: Data unavailable

Total Net Assets (AUM): 33789920

Competitors

overview logo Key Competitors

  • EWW
  • FMX

Competitive Landscape

The competitive landscape includes ETFs that track the Mexican market, although MEXX is a leveraged ETF with a specific short-term focus. MEXX offers higher potential returns, but also higher risks. Competitors include non-leveraged ETFs that provide simpler exposure.

Financial Performance

Historical Performance: Historical performance can vary significantly due to the leveraged nature of the ETF. It is not suitable for long-term buy-and-hold investors.

Benchmark Comparison: The ETF aims to deliver three times the daily performance of the MSCI Mexico IMI 25/50 Index, but it's unlikely to perfectly track that multiple over longer periods due to the effects of compounding.

Expense Ratio: 1.09

Liquidity

Average Trading Volume

The ETF exhibits moderate liquidity, reflected by its daily trading volume.

Bid-Ask Spread

The bid-ask spread may vary depending on market conditions, affecting trading costs.

Market Dynamics

Market Environment Factors

Economic growth in Mexico, global market sentiment, currency fluctuations, and geopolitical events can affect MEXX.

Growth Trajectory

The ETF's growth is tied to the performance of the Mexican stock market and investor appetite for leveraged products. Strategic shifts are less common as it's primarily a tracking fund.

Moat and Competitive Advantages

Competitive Edge

MEXX offers 3x leveraged exposure to the MSCI Mexico IMI 25/50 Index, catering to traders seeking amplified short-term gains. It's unique compared to non-leveraged Mexican ETFs, but this comes at a greater risk. The advantage of MEXX is direct access to leveraged returns from the Mexican equity market. It's an effective tool for tactical traders with a bullish outlook on Mexico.

Risk Analysis

Volatility

MEXX is highly volatile due to its leveraged nature, amplifying both gains and losses.

Market Risk

MEXX is exposed to the market risk of the Mexican equity market. It can be affected by economic downturns and geopolitical uncertainty.

Investor Profile

Ideal Investor Profile

MEXX is suitable for experienced, risk-tolerant traders who understand the implications of leveraged ETFs and actively monitor their investments.

Market Risk

MEXX is suitable for short-term active traders seeking leveraged exposure to the Mexican market, not for long-term investors.

Summary

Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) is a leveraged ETF designed for short-term trading, offering three times the daily return of the MSCI Mexico IMI 25/50 Index. It's highly volatile and not suitable for long-term investors. MEXX is ideal for experienced traders with a bullish outlook on Mexico who understand the risks of leveraged ETFs. Its performance is heavily influenced by the Mexican equity market and overall market sentiment.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Direxion Investments
  • ETF.com
  • Bloomberg

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Investing in leveraged ETFs involves significant risks, including the potential for substantial losses.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Direxion Daily MSCI Mexico Bull 3X Shares Direxion Daily MSCI Mexico Bull 3

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is designed to measure the performance of the large-, mid- and small-capitalization segments of the Mexican equity market, covering approximately 99% of the free float-adjusted market capitalization of companies whose stocks are traded primarily on the Mexican Stock Exchange. The fund is non-diversified.