MEXX: Direxion Daily MSCI Mexico Bull 3X Shares - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Direxion Dly MSCI Mexico Bull 3X ShsETF

MEXX - Snapshot

Vitals

  • YTD Return 43.6%
  • 3 Yr Annualized Return -19.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $19.4 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.26%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 188.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Exchange Traded Fund
  • Investment Style Trading--Leveraged Equity

Compare MEXX to Popular Leveraged Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$108.36

+3.06%

$12.15 B

-

$0.00

-39.92%

0.98%

$39.04

+3.55%

$4.94 B

0.07%

$0.03

-91.53%

1.06%

$66.16

+2.10%

$4.28 B

-

$0.00

-42.25%

0.99%

$116.24

+0.92%

$3.84 B

0.13%

$0.15

27.68%

0.91%

$115.25

-3.29%

$3.51 B

0.24%

$0.29

92.42%

1.03%

MEXX - Profile

Distributions

  • YTD Total Return 44.9%
  • 3 Yr Annualized Total Return -19.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.18%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily MSCI Mexico Bull 3X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    May 03, 2017
  • Shares Outstanding
    233205
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. 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 in Mexico. The fund is non-diversified.


MEXX - Performance

Return Ranking - Trailing

Period MEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 43.6% -91.5% 198.6% 13.71%
1 Yr 185.1% -12.9% 739.6% 9.89%
3 Yr -19.7%* -82.5% 66.4% 94.22%
5 Yr N/A* -64.8% 82.2% N/A
10 Yr N/A* -48.8% 49.5% N/A

* Annualized

Return Ranking - Calendar

Period MEXX Return Category Return Low Category Return High Rank in Category (%)
2020 455.5% -77.6% 1505.0% 2.31%
2019 19.5% -58.1% 806.3% 82.04%
2018 -53.4% -78.0% 36.9% 91.12%
2017 N/A -70.1% 314.9% N/A
2016 N/A -82.0% 1431.2% N/A

Total Return Ranking - Trailing

Period MEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 44.9% -91.6% 202.1% 13.71%
1 Yr 185.1% -12.9% 739.6% 9.89%
3 Yr -19.7%* -82.5% 66.4% 94.22%
5 Yr N/A* -64.8% 82.2% N/A
10 Yr N/A* -48.8% 49.5% N/A

* Annualized

Total Return Ranking - Calendar

Period MEXX Return Category Return Low Category Return High Rank in Category (%)
2020 -53.9% -97.4% 379.3% 90.17%
2019 19.5% -58.1% 229.8% 81.44%
2018 -53.4% -74.3% 36.9% 95.86%
2017 N/A -40.2% 263.7% N/A
2016 N/A -62.9% 167.0% N/A

MEXX - Holdings

Concentration Analysis

MEXX Category Low Category High MEXX % Rank
Net Assets 19.4 M 445 K 12.1 B 71.65%
Number of Holdings 9 5 2064 85.96%
Net Assets in Top 10 23.3 M 635 K 28.6 B 62.57%
Weighting of Top 10 N/A 20.9% 100.0% 15.32%

Top 10 Holdings

  1. Ishares Msci Mex Cap Swap 19.78%
  2. Ishares Msci Mex Cap Swap 19.78%
  3. Ishares Msci Mex Cap Swap 19.78%
  4. Ishares Msci Mex Cap Swap 19.78%
  5. Ishares Msci Mex Cap Swap 19.78%
  6. Ishares Msci Mex Cap Swap 19.78%
  7. Ishares Msci Mex Cap Swap 19.78%
  8. Ishares Msci Mex Cap Swap 19.78%
  9. Ishares Msci Mex Cap Swap 19.78%
  10. Ishares Msci Mex Cap Swap 19.78%

Asset Allocation

Weighting Return Low Return High MEXX % Rank
Cash
57.01% -200.05% 86.55% 11.11%
Stocks
42.99% -0.15% 300.05% 84.80%
Preferred Stocks
0.00% 0.00% 0.02% 52.63%
Other
0.00% -17.85% 193.79% 52.63%
Convertible Bonds
0.00% 0.00% 13.45% 70.18%
Bonds
0.00% 0.00% 39.99% 61.99%

MEXX - Expenses

Operational Fees

MEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.88% 9.92% 70.73%
Management Fee 0.75% 0.00% 0.95% 45.88%
12b-1 Fee 0.00% 0.00% 1.00% 23.88%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

MEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

MEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 188.00% 0.00% 376.00% 73.38%

MEXX - Distributions

Dividend Yield Analysis

MEXX Category Low Category High MEXX % Rank
Dividend Yield 0.00% 0.00% 2.87% 59.28%

Dividend Distribution Analysis

MEXX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

MEXX Category Low Category High MEXX % Rank
Net Income Ratio 0.18% -2.31% 3.47% 32.32%

Capital Gain Distribution Analysis

MEXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

MEXX - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

May 03, 2017

4.08

4.1%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Paul Brigandi


Start Date

Tenure

Tenure Rank

May 03, 2017

4.08

4.1%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.32 27.9 7.25 7.67