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

The Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) is an exchange-traded fund (ETF) that seeks to provide 3 times the daily performance of the MSCI Mexico Index. It is designed for investors who are bullish on Mexican equities and want to amplify their returns through leveraged exposure. MEXX uses derivatives to achieve its investment objective, which may include futures contracts, options, and swap agreements.

The MSCI Mexico Index measures the performance of the Mexican equity market and includes large and mid-cap stocks. The index is weighted by market capitalization and covers approximately 85% of the Mexican stock market. By providing 3 times the daily performance of this index, MEXX aims to provide magnified returns for investors.