MEXX
The Direxion Daily MSCI Mexico Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Mexico IMI 25/50 Index. There is no guarantee the fund will meet its stated investment objective.
Overview
Fund Information
Fund Symbol | Daily Target | Intra-day Value | Benchmark Index | Security Identifier | Expense Ratio (gross/net %) | Inception Date |
---|---|---|---|---|---|---|
MEXX | 300% | MEXX.IV | M1MX5IM | 25460E281 | 1.34 / 1.23* | May 03, 2017 |
This leveraged ETF seeks a return that is 300% the return of its benchmark index for a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.
Documents & Downloads
Target Index
The MSCI Mexico IMI 25/50 Index (M1MX5IM) 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 in Mexico. The Index consists of stocks traded primarily on the Mexican Stock Market. One cannot directly invest in an index.
Pricing & Performance
NAV and Market Price information as of June 09, 2023. Line chart shows pricing trend over the last 30 days.
- MEXX
- 156.83NAV $
- 5.13Change $
- 3.38Change %
- 156.70Market $
- 4.59Change $
- 3.02Change %
monthly | 1M % | 3M % | YTD % | 1Y % | 3Y % | 5Y % | 10Y % | Since Inception | Inception Date | Expense Ratio* (Gross / Net %) |
---|---|---|---|---|---|---|---|---|---|---|
NAV | -6.76 | 4.84 | 60.73 | 36.21 | 66.93 | -3.29 | — | -11.46 | 05/03/2017 | 1.34 / 1.23* |
Market Close | -7.17 | 4.59 | 59.69 | 35.41 | 66.84 | -3.45 | — | -11.56 |
quarterly | 1M % | 3M % | YTD % | 1Y % | 3Y % | 5Y % | 10Y % | Since Inception | Inception Date | Expense Ratio* (Gross / Net %) |
---|---|---|---|---|---|---|---|---|---|---|
NAV | 6.69 | 63.57 | 63.57 | 15.20 | 81.49 | -11.53 | — | -11.51 | 05/03/2017 | 1.34 / 1.23* |
Market Close | 7.07 | 63.47 | 63.47 | 15.49 | 82.22 | -11.42 | — | -11.52 | ||
M1MX5IM | 3.14 | 20.18 | 20.18 | 12.76 | 31.33 | 6.34 | — | 5.14 | — | - |
The Primary Listing Exchange is the NYSE Arca, Inc.
* The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Fund’s adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with the Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2024, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized.
Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
Distributions
- MEXX
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
---|---|---|---|---|---|
03/22/2023 | 03/21/2023 | 03/28/2023 | 0.47636 | — | — |
12/21/2022 | 12/20/2022 | 12/28/2022 | 0.75266 | — | — |
09/21/2022 | 09/20/2022 | 09/27/2022 | 0.03736 | — | — |
06/23/2022 | 06/22/2022 | 06/29/2022 | 0.31404 | — | — |
12/22/2021 | 12/21/2021 | 12/29/2021 | 0.46761 | — | — |
06/23/2021 | 06/22/2021 | 06/29/2021 | 0.12579 | — | — |
Tax Documents
Download the following Tax Reporting Documents
- Form 8937
(MEXX 2020)