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ETFs

Direxion Daily South Korea Bull 3X Shares

KORU
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 10, 2013
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$1,533,094
AUM
$29,033,555
Associated Index
MSCI Korea 25/50 Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

EWY
BlackRock Institutional Trust Company N.A. - iShares MSCI South Korea ETF
14.74%
—
GOLDMAN FINL SQ TRSRY INST 506
12.21%
—
DREYFUS GOVT CASH MAN INS
2.98%
—
GOLDMAN SACHS FIN GOV 465 INSTITUT
0.54%
Invest with KORU
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What is KORU?

The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25-50 Index. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange traded funds.

1M
3M
6M
YTD
1Y
3Y
Max
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KORU
Performance Measures**

for the time period Apr 10, 2013 to Dec 4, 2025

Returns

1M Trailing Return: -14.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 80.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -95.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 69.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.25

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.07

The annualized return divided by the max drawdown for the selected time period.

ETFs related toKORU

ETFs correlated to KORU include EWY, EMXC, XCEM

KORU
Direxion Shares ETF Trust - Direxion Daily South Korea Bull 3X Shares
EWY
BlackRock Institutional Trust Company N.A. - iShares MSCI South Korea ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toKORU

Momentum Mean Reversion LETFs with Black Swan Catcher | 523.7% RR | 28.8% DD (Jan 2013 - Current)| DJKeyhole

Category

Leveraged ETFs, tactical rotation, trend filter, mean reversion, volatility hedge (UVXY), inverse hedges, risk-on/risk-off

OOS Cumulative Return

247.99%

V1.2 | Momentum Mean Reversion LETFs with Black Swan Catcher | DJKeyhole | Use V1.1 A Better LETF Basket

Category

Leveraged ETFs, tactical allocation, mean reversion, momentum, inverse ETFs, volatility hedge, sector rotation, macro regime

OOS Cumulative Return

192.81%

Create your own algorithmic trading strategy with KORU using Composer

FAQ

KORU is a Global Ex. US Equities ETF. The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25-50 Index. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange traded funds.

KORU tracks the MSCI Korea 25/50 Index.

No, KORU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KORU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KORU is -0.059%. This is the percent change in the value of KORU over the most recent 1-month period. The 3-month return on KORU is -0.1954%. This is the percent change in the value of KORU over the most recent 3-month period.

The standard deviation of KORU for the past year is 0.7286%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KORU include SSO, TNA, and SPXL.

ETFs correlated to KORU include EWY, EMXC, and XCEM.

ETFs that are inversely correlated to KORU include EDZ, EFZ, and EPV.

Yes, KORU is a Leveraged (3x) ETF: This means that KORU will try to match the performance of MSCI Korea 25/50 Index, but with 3x the returns.

No, KORU is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.