KORU

Direxion Daily MSCI South Korea Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

KORU Fund Description

The Direxion Daily MSCI South Korea Bull 3x Shares provides 300% daily leveraged exposure to a cap-weighted index of large- and midcap South Korean companies.

KORU Factset Analytics Insight

KORU is an aggressive, one-day bet on South Korean equities. The fund seeks to provide 3x the performance of the MSCI Korea 25/50 Index, a popular index that’s also tracked by the massive iShares MSCI South Korea Capped ETF (EWY). Samsung Electronics makes up a big chunk of the index, so any large swings in the electronics giant’s stock will likely be amplified in KORU’s returns. The fund rebalances its leverage on a daily basis, so KORU is strictly meant to be a trading vehicle—if held for longer periods, the compounding effects of the daily rebalance could lead to significant differences from the expected returns path. Launched in April 2013, KORU has failed to attract strong investor interest. Trading volume—the lifeblood for a tactical product—is weak so far and AUM is thin too. Check the latest data on this page.

KORU CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/21/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KORU 8.11% -1.02% -36.66% -17.00% 24.02% -4.25% --
KORU (NAV) 8.10% -0.74% -36.61% -16.82% 24.05% -4.16% --
MSCI Korea 25/50 Index 3.48% -0.25% -- 0.15% 13.95% 4.25% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KORU Summary Data

Direxion
04/11/13
Open-Ended Fund
1.28%
$17.55M
0.13%

KORU Portfolio Data

6.20%
09/25/18

KORU Index Data

MSCI Korea 25/50 Index
Market Cap
Market Cap
N/A

KORU Fund Structure

Yes
No
No Policy
N/A
N/A
High
3
Daily

KORU Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

KORU Factset Analytics Block Liquidity

As of 09/24/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of KORU. KORU is rated a 5 out of 5.

KORU Tradability

35,267
$1.32M
19,622
$742.78K
0.13%
$0.05
0.00%
1.35% / -0.76%
None
0.00%
50,000
0.39
0.01%
1.54%
--
$39.38
5