(MEXX) Direxion Daily MSCI Mexico - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460E7528 • Trading--Leveraged Equity

MEXX: Leveraged, Mexico, Equity, Trading, Stocks, Investments

The Direxion Daily MSCI Mexico Bull 3X Shares (NYSE ARCA:MEXX) is a leveraged exchange-traded fund (ETF) designed to provide 3X daily returns relative to the MSCI Mexico Index. The fund achieves this by investing at least 80% of its net assets in a combination of financial instruments, such as swaps and futures, that deliver amplified exposure to the underlying index. The MSCI Mexico Index is a market-capitalization-weighted index that represents the performance of large-, mid-, and small-cap companies in Mexico, covering approximately 99% of the free float-adjusted market capitalization of the Mexican equity market. The fund is classified as non-diversified, meaning it can concentrate its investments in a smaller number of securities, which may increase volatility. The ETF is listed on the NYSE ARCA under the ticker symbol MEXX and is categorized under Trading--Leveraged Equity.

As of the latest data, the fund has an average 20-day trading volume of 201,026 shares, with a last price of $11.60. Its short-term technical indicators show an SMA 20 of $11.63, slightly above the current price, while the SMA 50 of $10.67 indicates a recent upward trend. The SMA 200 of $13.98 reflects longer-term downward pressure. The Average True Range (ATR) of 0.72 highlights moderate price volatility. The funds assets under management (AUM) stand at $18.63 million, which is relatively small compared to other leveraged ETFs, potentially leading to higher liquidity risks.

Based on the technical and fundamental data, the 3-month outlook for MEXX may be influenced by the following factors: - The SMA 20 slightly above the last price suggests potential bearish momentum in the short term. - The ATR of 0.72 indicates moderate price swings, which could amplify due to the 3X leverage. - The relatively small AUM of $18.63 million may lead to heightened liquidity risks and increased volatility. - The funds performance will closely track the MSCI Mexico Index, which is sensitive to broader emerging market trends and geopolitical developments impacting Mexico.

Additional Sources for MEXX ETF

MEXX ETF Overview

Market Cap in USD 19m
Category Trading--Leveraged Equity
TER 1.25%
IPO / Inception 2017-05-03

MEXX ETF Ratings

Growth 5y 25.4%
Fundamental -
Dividend 63.5%
Rel. Strength Industry -65.3
Analysts -
Fair Price Momentum 9.74 USD
Fair Price DCF -

MEXX Dividends

Dividend Yield 12m 4.09%
Yield on Cost 5y 9.17%
Annual Growth 5y 103.77%
Payout Consistency 58.0%

MEXX Growth Ratios

Growth Correlation 3m 56.7%
Growth Correlation 12m -92.1%
Growth Correlation 5y 50.7%
CAGR 5y 15.90%
CAGR/Max DD 5y 0.21
Sharpe Ratio 12m 0.25
Alpha -80.45
Beta 2.26
Volatility 65.84%
Current Volume 140.3k
Average Volume 20d 186k
What is the price of MEXX stocks?
As of March 16, 2025, the stock is trading at USD 12.04 with a total of 140,262 shares traded.
Over the past week, the price has changed by +3.79%, over one month by -3.45%, over three months by +8.42% and over the past year by -61.57%.
Is Direxion Daily MSCI Mexico a good stock to buy?
Neither. Based on ValueRay Analyses, Direxion Daily MSCI Mexico is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 25.41 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MEXX as of March 2025 is 9.74. This means that MEXX is currently overvalued and has a potential downside of -19.1%.
Is MEXX a buy, sell or hold?
Direxion Daily MSCI Mexico has no consensus analysts rating.
What are the forecast for MEXX stock price target?
According to ValueRays Forecast Model, MEXX Direxion Daily MSCI Mexico will be worth about 11.7 in March 2026. The stock is currently trading at 12.04. This means that the stock has a potential downside of -2.91%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 11.7 -2.9%