Direxion Daily Msci Etf Profile
| MEXX Etf | USD 14.27 0.21 1.49% |
PerformanceOK
| Odds Of DistressLow
|
Direxion Daily is trading at 14.27 as of the 4th of May 2025; that is 1.49% up since the beginning of the trading day. The etf's open price was 14.06. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 3rd of February 2025 and ending today, the 4th of May 2025. Click here to learn more.
The fund invests at least 80 percent 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. More on Direxion Daily MSCI
Direxion Daily MSCI cannot be verified against its exchange. Apparently, Direxion Daily is not available for investing at the moment. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshDirexion Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Emerging Markets ETFs, Strategy ETFs, Trading--Leveraged Equity, Direxion Funds (View all Sectors) |
| Issuer | Direxion |
| Inception Date | 2017-05-03 |
| Benchmark | MSCI Mexico IMI 25/50 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 26.94 Million |
| Average Trading Valume | 192,416 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Emerging Markets |
| Market Concentration | Emerging Markets |
| Region | Latin America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Rafferty Asset Management, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Brigandi, Tony Ng |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 19.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.35 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 57.59 |
| Name | Direxion Daily MSCI Mexico Bull 3X Shares Direxion Daily MSCI Mexico Bull 3 |
| Currency Code | USD |
| Open Figi | BBG00GM4CGD8 |
| In Threey Volatility | 73.65 |
| 1y Volatility | 58.65 |
| 200 Day M A | 12.48 |
| 50 Day M A | 11.8874 |
| Code | MEXX |
| Updated At | 4th of May 2025 |
| Currency Name | US Dollar |
Direxion Daily MSCI [MEXX] is traded in USA and was established 2017-05-03. The fund is listed under Trading--Leveraged Equity category and is part of Direxion Funds family. The entity is thematically classified as Emerging Markets ETFs. Direxion Daily MSCI now have 7.93 M in assets. , while the total return for the last 3 years was -4.3%.
Check Direxion Daily Probability Of Bankruptcy
Direxion Daily MSCI Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1725 | |||
| Jensen Alpha | 0.6378 | |||
| Total Risk Alpha | 1.03 | |||
| Sortino Ratio | 0.1003 |
Direxion Daily Against Markets
Try Other Suggestions
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily MSCI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Direxion Daily MSCI is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.