Skip to content
etf.net

Launched · SEC filings

Direxion Daily MSCI South Korea Bull 3X ETF

KORUNYSE ArcaDirexionDThis 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.

$10.37−0.26 (−2.45%)

At close: Nov 2, 2026, 4:00 PM ET

D26/ 100

Rank 28 of 31 in 3x Leveraged Long

D26/100Rank 28 of 31in3x Leveraged Long
Intraday session: down, 79 prints from 10.63 to 10.37. Range 10.36 to 11.79. Use the arrow keys to read each point.11.0011.2511.5011.7510 AM12 PM2 PM4 PM
Expense ratio
1.32%
Fund size
$1.27B
1Y total return
+18.7%
Yield · Last 12 months
0.75%
Holdings
11
Avg volume · 30D
30.3M sh
52W range
low $6.28high $63.99
Launched
Filings
SEC EDGAR

The ETF.net KORU Grade

Based on 4 of 6 pillars

D

Score 26 out of 100

Category
3x Leveraged Long⁠
Rank
28 of 31
Six-pillar profile for KORU. Scores out of 100: Cost 3, Risk 33, Mission not scored, Tradability 56, Holdings not scored, Durability 63. Strongest: Durability (63). Weakest: Cost (3). Based on 4 of 6 pillars.

Score 26 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.
    F3 out of 100
    Rank 30 of 31

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D33 out of 100
    Rank 24 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 12 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B63 out of 100
    Rank 8 of 31

Our read on KORU

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Apr 10, 2013

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

KORU$11,872
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. KORU $11,872. SPY $11,199. Use the arrow keys to read each point.$10,000$20,000$40,000$60,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for KORU. Periods over one year show the average yearly return.
PeriodKORU
Year to date+17.1%
1 month−46.9%
3 months−29.1%
1 year+18.7%
3 yearsper year+59.9%
5 yearsper year−2.6%
10 yearsper year−0.9%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for KORU
YearReturn barKORU
2026 YTD+17.1%
2025+430.9%
2024−62.1%
2023+28.5%
2022−70.2%
2021−33.9%
2020+48.8%

KORU in the news

KORU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.75%Last 12 months
Payout per share
$0.08Last 12 months
Last payment
$0.0057 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 22 payments from 2017 to 2026 YTD. Dec 13, 2017 $0.92; Dec 19, 2017 $0.20; Mar 20, 2018 $0.10; Dec 27, 2018 $0.07; Jun 25, 2019 $0.01; Sep 24, 2019 $0.01; Dec 23, 2019 $0.09; Dec 22, 2020 $0.0016; Dec 21, 2021 $0.10; Dec 20, 2022 $0.02; Mar 21, 2023 $0.02; Jun 21, 2023 $0.02; Sep 19, 2023 $0.0074; Dec 21, 2023 $0.08; Mar 19, 2024 $0.01; Jun 25, 2024 $0.01; Sep 24, 2024 $0.0077; Dec 23, 2024 $0.04; Mar 25, 2025 $0.0026; Jun 24, 2025 $0.0046; Dec 23, 2025 $0.07; Mar 24, 2026 $0.0057. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Mar 24, 2026Mar 31, 2026$0.0057
Dec 23, 2025Dec 31, 2025$0.07
Jun 24, 2025Jul 1, 2025$0.0046
Mar 25, 2025Apr 1, 2025$0.0026
Dec 23, 2024Dec 31, 2024$0.04
Sep 24, 2024Oct 1, 2024$0.0077
Jun 25, 2024Jul 2, 2024$0.01
Mar 19, 2024Mar 26, 2024$0.01
Dec 21, 2023Dec 29, 2023$0.08
Sep 19, 2023Sep 26, 2023$0.0074
Jun 21, 2023Jun 28, 2023$0.02
Mar 21, 2023Mar 28, 2023$0.02

See all 23 payments⁠

$10,000 in KORU 10 years ago paid $1,422 in dividends.⁠

KORU Risk

Risk pillarD33 out of 100Rank 24 of 30 in 3x Leveraged Long

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.

How much the fund’s monthly returns vary, scaled to a year.
141.6%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.93
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−89.1%
Trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
6.02
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

KORU Cost

Compare KORU and SOXL

Overpaying vs SOXL, cheapest in 3x Leveraged Long

$9,186

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • KORU 1.32%

    $23,668

  • SOXL 0.75% Cheapest

    $14,482

$10,000
30 years

Cost over time

  • KORU 1.32%
  • SOXL 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530KORU $23,668SOXL $14,482

Year by year

YearKORUSOXLOverpaying
10$2,296$1,336$960
20$8,507$5,078$3,429
30$23,668$14,482$9,186

Other funds in 3x Leveraged Long

See others