DMCY vs. MEXX ETF Comparison
Comparison of Democracy International Fund (DMCY) to Direxion Daily MSCI Mexico Bull 3X Shares (MEXX)
DMCY
Democracy International Fund
DMCY Description
The Democracy International Fund is a Global Markets ex-United States Large & Mid Cap international equity portfolio that is both democracy and market capitalization weighted. The Democracy International Fund seeks to track the total return performance, before fees and expenses, of the Democracy Investments International Index. The intent of the Fund is to enable investors to allocate more into democracies thereby shifting capital flows toward democratic countries and away from authoritarian countries. This could lower the cost of capital and improve economic growth for democracies and the opposite for authoritarians, resulting in market-based incentives for democratic reforms.
Grade (RS Rating)
Last Trade
$25.50
Average Daily Volume
1,210
22
MEXX
Direxion Daily MSCI Mexico Bull 3X Shares
MEXX Description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Mexico IMI 25/50 Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is designed to measure the performance of the large-, mid- and small-capitalization segments of the Mexican equity market, covering approximately 99% of the free float-adjusted market capitalization in Mexico. The fund is non-diversified.Grade (RS Rating)
Last Trade
$10.65
Average Daily Volume
123,383
1
Performance
Period | DMCY | MEXX |
---|---|---|
30 Days | -3.53% | -18.27% |
60 Days | -4.75% | -23.93% |
90 Days | -5.23% | -30.84% |
12 Months | 10.03% | -59.60% |
1 Overlapping Holdings
Symbol | Grade | Weight in DMCY | Weight in MEXX | Overlap | |
---|---|---|---|---|---|
EWW | F | 0.28% | 51.93% | 0.28% |
DMCY Overweight 21 Positions Relative to MEXX
DMCY Underweight 0 Positions Relative to MEXX
Symbol | Grade | Weight |
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DMCY: Top Represented Industries & Keywords
MEXX: Top Represented Industries & Keywords