Direxion Daily MSCI South Korea Bull 3X ETF
$21.57−2.20 (−9.26%)
- Expense ratio
- 1.32%
- Fund size
- $1.3B
- 1Y return
- +328.6%
- Yield · Last 12 months
- 0.33%
- Holdings
- 9
- Volume · 30D
- 26.7M sh
- NAV per share
- $20.41
- 52W range
The ETF.net KORU Grade
Score 29 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 62Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 63Category rank
Our read on KORU
DA 3x daily bet on Korean large caps, re-struck every session. KORU turns the MSCI Korea 25/50 Index into a short-horizon trading instrument, with the cost and wiring that come with the job.
The fund targets daily, pre-fee and pre-expense results equal to 300% of the MSCI Korea 25/50 Index's performance.
Why people hold it
- The mandate is unambiguous: 300% of the MSCI Korea 25/50 Index's daily move, before fees and expenses. No stock picking, no discretion, just a stated multiple.
- A multi-billion-dollar fund that trades heavily, so entering and exiting is rarely the hard part of the trade.
- Running since 2013, the daily-reset machinery has been through more than a decade of Korean market cycles.
Worth knowing
- Leverage is priced accordingly: 1.32% a year against a 0.50% median for single-country funds, while plain Korea exposure like FLKR charges 0.09%.
- The 3x target applies to one day. Hold across choppy stretches and compounding means the result can diverge widely from 3x the index's move over that period.direxion.com
- One country, one index, tripled. Concentration and leverage stack on each other, and they do it in both directions.
KORU Holdings
- Stocks
- 9
- 100%
- EWY SWAP ASSET LEG (EWYMLL)
Sectors
- Technology52.5%
- Industrials17.8%
- Financials11.5%
- Consumer Discr.5.2%
- Health Care3.9%
- Communication3.3%
- Cons. Staples2.5%
- Materials1.6%
- Energy1.5%
- Utilities0.3%
Geography
- United States100.00%
KORU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | KORU |
|---|---|
| Year to date | +161.9% |
| 1 month | +16.7% |
| 3 months | −56.3% |
| 1 year | +328.6% |
| 3 years | +87.2% |
| 5 years | +11.9% |
| 10 years | +5.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KORU |
|---|---|---|
| 2026 YTD | +161.9% | |
| 2025 | +430.9% | |
| 2024 | −62.1% | |
| 2023 | +28.5% | |
| 2022 | −70.2% | |
| 2021 | −33.9% | |
| 2020 | +48.8% |
KORU in the news
ETF.net Research hasn’t filed on KORU yet — coverage lands here as it’s written.
KORU Dividends
- 0.33%
- $0.08
- $0.0057 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Mar 24, 2026 | Mar 31, 2026 | $0.0057 |
| Dec 23, 2025 | Dec 31, 2025 | $0.07 |
| Jun 24, 2025 | Jul 1, 2025 | $0.0046 |
| Mar 25, 2025 | Apr 1, 2025 | $0.0026 |
| Dec 23, 2024 | Dec 31, 2024 | $0.04 |
| Sep 24, 2024 | Oct 1, 2024 | $0.0077 |
| Jun 25, 2024 | Jul 2, 2024 | $0.01 |
| Mar 19, 2024 | Mar 26, 2024 | $0.01 |
| Dec 21, 2023 | Dec 29, 2023 | $0.08 |
| Sep 19, 2023 | Sep 26, 2023 | $0.0074 |
| Jun 21, 2023 | Jun 28, 2023 | $0.02 |
| Mar 21, 2023 | Mar 28, 2023 | $0.02 |
KORU Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 139.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.97
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −90.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 6.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KORU Cost
- The middle half of 3x Leveraged Long funds
- Median 0.98%
27 of the 30 3x Leveraged Long funds charge less.