KORU ETF Report: Ratings, Analysis, Quotes, Holdings

Competing ETFs: N/A

Related ETF Channels: South Korea, Leveraged, Asia-Pacific, Broad-based, Equity, Size and Style, Total Market, Vanilla

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*Unless otherwise stated, data provided by FactSet.

KORU Fund Description

KORU 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

RESET

Select ETFs to compare their performance:

PERFORMANCE [as of 08/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

KORU -31.33% -28.81% -41.69% -58.11% -20.89% -23.57% --

KORU (NAV) -29.48% -28.72% -40.69% -54.48% -21.22% -23.16% --

MSCI Korea 25/50 Index -- -- -- -- -- -- --

N/A -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KORU Summary Data

Rafferty Asset Management

Direxion

04/11/13

Open-Ended Fund

1.37%

$39.67M

0.13%

Fund Home Page

KORU Portfolio Data

1.13%

09/24/19

KORU Index Data

MSCI Korea 25/50 Index

Market Cap

N/A

KORU Fund Structure

Yes

No Policy

N/A

Medium

Leverage Reset Frequency Daily

KORU Tax Exposures

20.00% / 39.60%

Cboe 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 08/16/19

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

90,824

$1.81M

47,996

$841.27K

0.13%

$0.03

0.02%

0.77% / -0.61%

None

0.00%

50,000

0.96

0.03%

$14.66

N/A

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KORU