Direxion Daily MSCI Mexico Bull 3X Shares (MEXX)
| Assets | $22.62M |
| Expense Ratio | 1.25% |
| PE Ratio | 0.74 |
| Shares Out | 2.02M |
| Dividend (ttm) | $0.58 |
| Dividend Yield | 5.34% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 4.05% |
| 1-Year Return | -59.34% |
| Volume | 84,111 |
| Open | 10.91 |
| Previous Close | 11.16 |
| Day's Range | 10.67 - 11.01 |
| 52-Week Low | 9.78 |
| 52-Week High | 37.44 |
| Beta | 3.11 |
| Holdings | 7 |
| Inception Date | May 3, 2017 |
About MEXX
Fund Home PageThe Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) is an exchange-traded fund that is based on the MSCI Mexico IMI 25-50 index. The fund offers daily leveraged 3X exposure to a broad, market-cap-weighted index of Mexican firms. MEXX was launched on May 3, 2017 and is issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.076 | Oct 1, 2024 |
| Jun 25, 2024 | $0.098 | Jul 2, 2024 |
| Mar 19, 2024 | $0.105 | Mar 26, 2024 |
| Dec 21, 2023 | $0.298 | Dec 29, 2023 |
| Sep 19, 2023 | $0.033 | Sep 26, 2023 |
| Jun 21, 2023 | $0.156 | Jun 28, 2023 |
News
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The market discount sees a Mexican central bank rate cut from November. We agree, and we in fact can see rates being cut faster than the market discounts thereafter.
Appraising Home Bias Exposure - Mexico
Mexican pension funds have had a particularly large home bias in their equity allocations compared to other markets.
Someone's Betting Mexican Stocks Are Poised To Pop
This year, the MSCI Mexico IMI 25/50 Index (M1MX5IM) has been dismal compared to the MSCI Emerging Markets.