|Bid||16.59 x 800|
|Ask||16.85 x 1000|
|Day's Range||16.00 - 18.87|
|52 Week Range||16.00 - 166.58|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||46.53%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||1.21%|
Direxion has announced it will execute forward share splits for two of its exchange-traded funds ("ETFs"), as well as reverse share splits for an additional two ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.
While the Mexican economy has not been particularly strong, its stock market is in a nice uptrend and the recent trade deals, together with cost advantages, work in Mexico's favor for several reasons, explains Carl Delfeld, international investing expert and editor of Cabot Global Stocks Explorer.
One of the challenges that keeps investors from diving headfirst into emerging markets (EM) is the need for more diversification, particularly when it comes to single country-focused equities like in the case of exchange-traded funds (ETFs) targeting Mexico. However, global index provider FTSE Russell developed an index, the FTSE BIVA index, that adds more diversification via small-caps and real estate investments trusts (REITs).
One of the challenges that keeps investors from diving head first into emerging markets (EM) is the need for more diversification, particularly when it comes to single country-focused equities like in ...
This year, the MSCI Mexico IMI 25/50 Index (M1MX5IM) has been dismal compared to the MSCI Emerging Markets. Making matters worse for Mexico equity bulls is the fact that the MSCI Mexico IMI 25/50 Index has been deteriorating. Just this month, that gauge is lower by 5.10%, putting pressure on exchange-traded funds, such as the Direxion Daily MSCI Mexico Bull 3X Shares (NYSE: MEXX).
Political unrest ensued in Mexico as the unexpected resignation of Mexico’s Minister of Finance Carlos Urzúa had its toll on Mexican assets following the news. Mexico President Andrés Manuel Lopez Obrador ...
While the majority of May was focused on the U.S.-China trade war, June brings a new opponent to the tariff-for-tariff battle in Mexico, and this paves the way for Mexico-specific and Latin America-focused exchange-traded funds (ETFs) in play. U.S. President Donald Trump turned his attention to Mexico in the latest tariff wars by announcing a 5 percent tariff on all Mexican imports, which will begin on June 10. The move came as Trump urged Mexico to “reduce or eliminate the number of illegal aliens” entering the U.S.