MEXX
Direxion Daily MSCI Mexico Bull 3X Shares·NYSE
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Key Stats
Assets Under Management
28.29MUSD
Fund Flows (1Y)
-20.27MUSD
Dividend Yield
1.08%
Discount/Premium to NAV
-0.00%
Shares Outstanding
766.02K
Expense Ratio
1.24%
About Direxion Daily MSCI Mexico Bull 3X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
May 3, 2017
Structure
Open-Ended Fund
Index Tracked
MSCI Mexico IMI 25/50 Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
MEXX provides 3x leveraged exposure to the MSCI Mexico IMI 25/50 Index, a market-cap-weighted index that measures the performance of Mexican equities of all capitalizations. As a geared product with daily resets, MEXX is designed as a short-term trading tool and not a long-term investment vehicle, and should not be expected to provide index leverage returns greater than a one-day period. Thus, investors in this trading vehicle should closely monitor their position and rebalance frequently.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Vanilla
Geography
Mexico
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Analysis
Sector
Basic Materials
24.99%
Consumer Defensive
24.28%
Financial Services
18.40%
Industrials
14.40%
Communication Services
8.74%
Real Estate
7.25%
Consumer Cyclical
1.42%
Healthcare
0.53%
Basic Materials
24.99%
Consumer Defensive
24.28%
Financial Services
18.40%
Industrials
14.40%
Communication Services
8.74%
Real Estate
7.25%
Consumer Cyclical
1.42%
Healthcare
0.53%
Asset
Holdings
Symbol
Ratio
ISHARES MSCI MEXICO CAPPED SWAP
68.71%
ISHARES MSCI MEX CAP SWAP
56.88%
EWW
iShares MSCI Mexico ETF
44.23%
GOLDMAN FINL SQ TRSRY INST 506
28.91%
DREYFUS GOVT CASH MAN INS
24.86%
DREYFUS TRSRY SECURITIES CASH MGMT
3.73%
Symbol
Ratio
GOLDMAN SACHS FIN GOV 465 INSTITUT
2.37%
Top 10 Weight 229.69%
7 Total Holdings
See all holdings
Related Funds
Seasonals
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Trade Flow Insight
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