Direxion Daily MSCI Mexico Bull 3X Shares (MEXX)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
29.09 USD
-0.84
(-2.807%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 29.09 |
Hot Take ↕ | Aug. 22, 2026, 4:04 a.m. EDT
This leveraged ETF is currently trapped in a severe structural decline, having lost over three-quarters of its value since inception. While the most recent annual period ended with a gain, the asset is still down massively from its peak, and the underlying trend is one of persistent erosion. The recent price action shows a fragile recovery attempt, but the security is trading well below its moving averages, confirming a lack of sustained momentum. The options market reinforces this pessimism, with traders buying protection at lower strikes while ignoring realistic upside targets. For a leveraged product, this represents a 'value trap' where the compounding drag of volatility and the underlying asset's weakness make recovery difficult. The dividend yield is negligible and irrelevant given the capital destruction. This is a strong sell signal for any timeframe. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.029966 |
| AutoARIMA | 0.029976 |
| MSTL | 0.030303 |
| AutoTheta | 0.032170 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 2.39 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.328 |
| Excess Kurtosis | -1.09 |
| Attribute | Value |
|---|---|
| Trailing P/E | 11.97 |
As of Aug. 22, 2026, 4:04 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 23-25) relative to volume, suggesting a fear of further downside. Conversely, call activity is concentrated in deep out-of-the-money strikes (50 strike) with minimal volume, indicating speculative bets on a massive rally rather than a measured upside move. Implied volatility remains elevated across the board, reflecting uncertainty.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.82% | 1.50% | 2.63% | 2.14% |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | 29.77 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 14,000 |
| Average Daily Volume3 Month | 15,288 |
| Average Volume | 15,288 |
| Average Volume10Days | 14,000 |
| Beta3 Year | 1.9 |
| Bid | 27.29 |
| Bid Size | 500 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.45 |
| Day Low | 28.57 |
| Dividend Yield | 1.39 |
| Eps Trailing Twelve Months | 2.4302595 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 28.8779 |
| Fifty Day Average Change | 0.21210098 |
| Fifty Day Average Change Percent | 0.007344751 |
| Fifty Two Week Change Percent | 59.03294 |
| Fifty Two Week High | 39.27 |
| Fifty Two Week High Change | -10.18 |
| Fifty Two Week High Change Percent | -0.25923097 |
| Fifty Two Week Low | 17.44 |
| Fifty Two Week Low Change | 11.65 |
| Fifty Two Week Low Change Percent | 0.6680046 |
| Fifty Two Week Range | 17.44 - 39.27 |
| First Trade Date Milliseconds | 1,493,818,200,000 |
| Five Year Average Return | 0.1242719 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.84 |
| Fullday Change Percent | -2.80655 |
| Fullday Price | 29.09 |
| 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 | 30.297 |
| Net Assets | 19,825,940.0 |
| Net Expense Ratio | 1.23 |
| Open | 29.81 |
| Phone | 866-476-7523 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 29.09 |
| Post Market Time | 1,787,954,173 |
| Previous Close | 29.93 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.84 |
| Regular Market Change Percent | -2.80655 |
| Regular Market Day High | 29.45 |
| Regular Market Day Low | 28.57 |
| Regular Market Day Range | 28.57 - 29.45 |
| Regular Market Open | 29.81 |
| Regular Market Previous Close | 29.93 |
| Regular Market Price | 29.09 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 26,246 |
| Short Name | Direxion Daily MSCI Mexico Bull |
| Source Interval | 15 |
| Symbol | MEXX |
| Three Year Average Return | 0.0208851 |
| Total Assets | 19,825,940 |
| Tradeable | 0 |
| Trailing P E | 11.969915 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.2221 |
| Trailing Three Month Returns | 0.2221 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.42918 |
| Two Hundred Day Average Change | -0.33918 |
| Two Hundred Day Average Change Percent | -0.011525296 |
| Type Disp | ETF |
| Volume | 26,246 |
| Yield | 0.0139 |
| Ytd Return | 20.46993 |