KORU Direxion Daily MSCI South Korea Bull 3X Shares
What is KORU?
KORU provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap 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. 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
KORU Fund Structure
KORU Tax Exposures
KORU Portfolio Data
KORU Index Data
Factset Analytics Block Liquidity
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.