MEXX ETF — Direxion Daily MSCI Mexico Bull 3X Shares Direxion Daily MSCI Mexico Bull 3

Direxion Daily MSCI Mexico Bull 3X Shares Direxion Daily MSCI Mexico Bull 3 (MEXX)

Updated October 16, 2026.

MEXX is an ETF that tracks the MSCI Mexico. its distribution rate is 0.62%, its trailing-12-month yield is 1.72%, its expense ratio is 1.23%. Dividend Vision Distribution Safety Score™ is 51/100 (Caution). Total return is -46.1% over the past 9.5 years, 317.1 points behind SPY at 271.0%.

Direxion Daily MSCI Mexico Bull 3X Shares is an ETF that seeks to deliver three times the daily performance of the MSCI Mexico index, which tracks large-, mid-, and small-cap Mexican equities traded on the Mexican Stock Exchange. The fund distributes quarterly with a modest current distribution rate and carries an expense ratio of 1.23%; as a leveraged product, it is designed for tactical trading rather than buy-and-hold investing, and daily rebalancing means its longer-term returns may differ materially from three times the index's return. This ETF appeals primarily to experienced traders seeking amplified exposure to Mexican equities over short time horizons.

MEXX performance versus SPY

Price and return data through 2026-10-16.

Total return is -46.1% over the past 9.5 years, 317.1 points behind SPY at 271.0%. Over the past year its total return — price change plus distributions reinvested — is 20.5%. Its deepest 1-year drawdown was 43.7%.

MEXX key facts

Distribution Safety Score™

51 · Caution

Safety-Adjusted Yield

0.32%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

05/03/2017

Expense ratio

1.23%

Distribution rate

0.62%

Distribution frequency

Quarterly

Trailing yield

1.72%

Last close

$26.39 (as of 2026-10-16)

AUM

$13,341,431

Average volume

20730.0

Dividend

$0.041

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

1.78

How Dividend Vision calculates yield and returns

Distribution rate (0.62%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.72%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: MSCI Mexico; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MEXX risks and drawbacks

MEXX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 43.7%.

Who may consider MEXX — and who may not

It is a weaker fit for investors who need monthly cash flow (MEXX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MEXX

• All tickers starting with M

Tagged: Leverage.

Frequently asked questions

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