Direxion Daily MSCI Mexico Bull 3X Shares Price & Performance (MEXX)

Direxion Daily MSCI Mexico Bull 3X ETF (MEXX) jumped 10.65% on Thursday, closing at $12.88 after five consecutive days of gains. The ETF showed high volatility, with a 10.18% range between its daily high and low. Technical indicators remain mixed, but short-term signals point toward continued momentum.12

AI-generated signals for MEXX indicate strong near-term performance but weaker mid- and long-term prospects. While recent technicals are favorable, the ETF is considered high-risk due to its volatility. Traders are advised to monitor support levels closely, as a break below $11.60 could trigger further declines.23

Despite recent price swings, MEXX maintains a notable dividend yield of 4.45% with a trailing twelve-month payout of $0.46 per share. The ETF’s payout ratio stands at 45.39%, offering income stability for investors even as the fund’s one-year return remains deeply negative at -69.64%.45