Home / KORU

What is KORU?

KORU provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies.

PERFORMANCE [as of 03/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KORU -12.43% -0.63% 5.20% -57.32% 15.92% -33.13% --
KORU (NAV) -12.32% -0.87% 4.93% -57.33% 15.51% -33.10% --
MSCI Korea 25/50 Index -3.76% 2.51% 3.72% -16.98% 14.29% -3.35% 2.19%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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. 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 short-term trading vehicle—if held for longer periods, the compounding effects of the daily rebalance could lead to significant differences from the expected returns path.

KORU Summary Data

Direxion
04/11/13
1.32%
$28.46M
MSCI Korea 25/50 Index
N/A
Open-Ended Fund
Fund Home Page

Peers

N/A
N/A
Compare More ETFs

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.01B 90 Days
More Fund Flows

KORU Fund Structure

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

KORU Tax Exposures

20.00% / 39.60%
--
No

KORU Portfolio Data

0.46%
N/A

KORU Index Data

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

Factset Analytics Block Liquidity

As of 03/21/23

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

KORU Tradability

244,128
$2.23M
219,124
$1.88M
0.14%
$0.01
0.10%
0.71% / -0.51%
None
0.00%
50,000
4.38
0.02%
--
303
$7.88
N/A