Direxion Daily MSCI Mexico Bull 3X Shares (MEXX)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
26.39 USD
+1.01
(3.980%)
⇧
(Oct. 16, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 8:26 a.m. EDT
This leveraged ETF is currently trapped in a severe downtrend, having lost nearly two-thirds of its value over the last eight years. While the most recent annual anchor shows a recovery, the underlying trend remains deeply bearish, and the recent price action confirms this weakness with a relentless slide over the past two weeks. The heavy concentration of put options suggests that market participants are actively hedging against further losses, reinforcing the view that the path of least resistance is down. For a leveraged product, this extended drawdown represents significant decay and volatility drag that makes holding difficult. The dividend yield is negligible and insufficient to offset the capital destruction. Avoid this instrument until the macro drivers supporting the underlying index show a definitive, sustained reversal. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.066063 |
| MSTL | 0.066271 |
| AutoETS | 0.069430 |
| AutoTheta | 0.097914 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 16.10 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.067 |
| Excess Kurtosis | -0.26 |
| Attribute | Value |
|---|---|
| Trailing P/E | 14.01 |
As of Oct. 10, 2026, 8:26 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts relative to calls. The put/call ratio is skewed heavily toward selling, indicating a bearish sentiment where traders are betting against further declines rather than anticipating a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.16% | 1.65% | 2.64% | 2.17% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.0410 | 0.155127 |
| 2026-06-23 | 0.2290 | 0.816399 |
| 2026-03-24 | 0.0260 | 0.099085 |
| 2025-12-23 | 0.1570 | 0.582560 |
| 2025-06-24 | 0.2090 | 1.283784 |
| 2025-03-25 | 0.0330 | 0.272502 |
| 2024-12-23 | 0.2480 | 2.467662 |
| 2024-09-24 | 0.0760 | 0.500989 |
| 2024-06-25 | 0.0980 | 0.549020 |
| 2024-03-19 | 0.1050 | 0.343598 |
| 2023-12-21 | 0.2980 | 0.847072 |
| 2023-09-19 | 0.0330 | 0.123171 |
| 2023-06-21 | 0.1560 | 0.506132 |
| 2023-03-21 | 0.0952 | 0.415659 |
| 2022-12-20 | 0.1506 | 0.854672 |
| 2022-09-20 | 0.0074 | 0.051834 |
| 2022-06-22 | 0.0628 | 0.447102 |
| 2021-12-21 | 0.0936 | 0.542150 |
| 2021-06-22 | 0.0252 | 0.157756 |
| 2021-03-23 | 0.0038 | 0.031526 |
| 2020-12-22 | 0.0094 | 0.086246 |
| 2020-06-23 | 0.0054 | 0.085608 |
| 2019-12-23 | 0.0960 | 0.335317 |
| 2019-09-24 | 0.0312 | 0.127326 |
| 2019-06-25 | 0.2376 | 0.878360 |
| 2019-03-19 | 0.0744 | 0.278953 |
| 2018-12-27 | 0.1152 | 0.503145 |
| 2018-09-25 | 1.1784 | 2.524941 |
| 2017-12-19 | 0.1344 | 0.263405 |
| Attribute | Value |
|---|---|
| All Time High | 80.064 |
| All Time Low | 3.2 |
| Ask | 26.55 |
| Ask Size | 800 |
| Average Daily Volume10 Day | 10,470 |
| Average Daily Volume3 Month | 12,678 |
| Average Volume | 12,678 |
| Average Volume10Days | 10,470 |
| Beta3 Year | 1.78 |
| Bid | 26.39 |
| Bid Size | 800 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.51 |
| Day Low | 25.95 |
| Display Name | MSCI Mexico Bull 3X Direxion 3 |
| Dividend Yield | 1.98 |
| Eps Trailing Twelve Months | 1.8829956 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 26.76946 |
| Fifty Day Average Change | -0.3794613 |
| Fifty Day Average Change Percent | -0.014175156 |
| Fifty Two Week Change Percent | 24.042309 |
| Fifty Two Week High | 39.27 |
| Fifty Two Week High Change | -12.880001 |
| Fifty Two Week High Change Percent | -0.32798576 |
| Fifty Two Week Low | 19.92 |
| Fifty Two Week Low Change | 6.4699993 |
| Fifty Two Week Low Change Percent | 0.32479915 |
| Fifty Two Week Range | 19.92 - 39.27 |
| First Trade Date Milliseconds | 1,493,818,200,000 |
| Five Year Average Return | 0.08836681 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 1.1000004 |
| Fullday Change Percent | 4.334123 |
| Fullday Price | 26.39 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,493,769,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Direxion Daily MSCI Mexico Bull 3X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_424861525 |
| Nav Price | 25.437 |
| Net Assets | 14,099,835.0 |
| Net Expense Ratio | 1.23 |
| Open | 25.78 |
| Phone | 866-476-7523 |
| Previous Close | 25.38 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.01 |
| Regular Market Change Percent | 3.97951 |
| Regular Market Day High | 26.51 |
| Regular Market Day Low | 25.95 |
| Regular Market Day Range | 25.95 - 26.51 |
| Regular Market Open | 25.78 |
| Regular Market Previous Close | 25.38 |
| Regular Market Price | 26.39 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 20,741 |
| Short Name | Direxion Daily MSCI Mexico Bull |
| Source Interval | 15 |
| Symbol | MEXX |
| Three Year Average Return | 0.1338778 |
| Total Assets | 14,099,835 |
| Tradeable | 0 |
| Trailing P E | 14.014902 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -19.47818 |
| Trailing Three Month Returns | -19.47818 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.803856 |
| Two Hundred Day Average Change | -3.4138565 |
| Two Hundred Day Average Change Percent | -0.11454412 |
| Type Disp | ETF |
| Volume | 20,741 |
| Yield | 0.0198 |
| Ytd Return | -7.22845 |