MEXXDirexion Daily MSCI Mexico Bull 3X Shares
MEXX Fund Description
The Direxion Daily MSCI Mexico Bull 3x Shares offers daily leveraged 3X exposure to a broad, market- cap-weighted index of Mexican firms.
MEXX Factset Analytics Insight
MEXX offers a broad, market-cap-weighted sampling of the Mexican equities market with greater leverage than competitors. The fund, which is levered 3X and resets daily, makes no promise of 3X returns for holding periods longer than a day. Thus, investors in this trading vehicle should closely monitor their position and rebalance frequently. Those who are looking for similar exposure in a buy-and-hold wrapper will find it in iShares’ EWW, which tracks the same underlying index.
MEXX CHARTS AND PERFORMANCE
MEXX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MEXX. MEXX is rated a N/A out of 5.