Direxion Daily MSCI South Korea Bull 3X ETF
DThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$14.72−1.02 (−6.48%)
- 1.32%
- $1.2B
- +197.0%
- 0.50%
- 27.4M sh
- $17.86
- low $5.49high $63.99
The ETF.net KORU Grade
D
Score 28 out of 100
- 25 of 31
Score 28 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F7 out of 100Rank 29 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D32 out of 100Rank 26 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 12 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 8 of 31
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
- 11
- 100%
- Ewy Swap Asset Leg (Ewymll)
Sectors
- Technology56.1%
- Industrials16.5%
- Financials11.4%
- Consumer Discretionary4.6%
- Communication3.0%
- Health Care3.0%
- Consumer Staples2.3%
- Energy1.5%
- Materials1.4%
- 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.
KORU$29,704
Returns run to the Oct 12, 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 | +73.4% |
| 1 month | −31.8% |
| 3 months | −43.5% |
| 1 year | +197.0% |
| 3 years | +68.8% |
| 5 years | +7.7% |
| 10 years | +2.6% |
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 | +73.4% | |
| 2025 | +430.9% | |
| 2024 | −62.1% | |
| 2023 | +28.5% | |
| 2022 | −70.2% | |
| 2021 | −33.9% | |
| 2020 | +48.8% |
KORU in the news
KORU Dividends
- 0.50%
- $0.08
- $0.0057 per share
- Quarterly
Distribution history
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.
- 138.7%
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.
- 1.01
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.
- −89.6%
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
1.32%
KORU1.32%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
27 of the 30 3x Leveraged Long funds charge less.
Other funds in 3x Leveraged Long
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- DTPORDirexion Daily Transportation Bull 3X ETFExpense ratio 1.12%1 year return +27.8%
- DUMDDProShares - UltraPro MidCap 400Expense ratio 1.40%1 year return +36.1%
- DPILLDirexion Daily Pharmaceutical & Medical Bull 3X ETFExpense ratio 1.22%1 year return +95.5%