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KORU vs SOXL

Direxion Daily MSCI South Korea Bull 3X ETF

KORUDNYSE Arca

Direxion Daily Semiconductor Bull 3X ETF

SOXLANYSE Arca

Overlap

4.7%by weight

Expense ratio

SOXL −0.57pt a year

KORU1.32%SOXL0.75%

Avg volume · 30D

SOXL 2.3×the volume

KORU30.3MSOXL70.7M

10Y return · a year

SOXL +40.3pt

KORU−0.9%SOXL+39.4%

KORU vs SOXL Performance

Oct 29, 2021 – Oct 30, 2026

−12.4%KORU+66.7%SOXL

Oct 29, 2021 to Oct 30, 2026. KORU −12.4%. SOXL +66.7%. Use the arrow keys to read each point.−100%200%300%400%500%Oct 2021Apr 2024Oct 2026
Expense ratio
KORU 1.32%
SOXL 0.75%, better
Fund size
KORU $1.27B
SOXL $24.3B
1Y total return
KORU +18.7%
SOXL +61.4%, better
Yield (12M)
KORU 0.75%, better
SOXL 0.12%
Holdings
KORU 11
SOXL 43
Avg volume (30D)
KORU 30.3M sh
SOXL 70.7M sh, better
NAV per share
KORU $12.76
SOXL $102.45
52W range

ETF.net Grade

KORU: Cost 3, Risk 33, Mission not scored, Tradability 56, Holdings not scored, Durability 63. SOXL: Cost 100, Risk 32, Mission not scored, Tradability 79, Holdings not scored, Durability 69.
Pillar letters and Scores for KORU, SOXL, with each pillar’s weight
PillarKORUSOXL
Cost30% weightF3A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightD33HigherD32
Tradability15% weightB56A79Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB63B69Higher

Rank among 3x Leveraged Long funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. KORU and SOXL are both graded against the same 30 3x Leveraged Long funds, so their Grades compare head to head.

3x Leveraged Long⁠

Category · 30 funds
See all 30 ›

SOXL ranks 4th and KORU 28th of 30 funds in the 3x Leveraged Long Category.

  1. Rank 1ATQQQProShares UltraPro QQQScore 86
  2. Rank 2AUDOWProShares UltraPro Dow30Score 81
  3. Rank 3AFASDirexion Daily Financial Bull 3X ETFScore 80
  4. Rank 4ASOXLDirexion Daily Semiconductor Bull 3X ETFScore 76
  5. Rank 5ATMFDirexion Daily 20+ Year Treasury Bull 3X ETFScore 74
  6. Rank 26DWANTDirexion Daily Consumer Discretionary Bull 3X ETFScore 27
  7. Rank 28DKORUDirexion Daily MSCI South Korea Bull 3X ETFScore 26
  8. Rank 29FYINNDirexion Daily FTSE China Bull 3X SharesScore 19

Our read on each fund

ETF.net Research

KORUDDirexion Daily MSCI South Korea Bull 3X ETF

SOXLADirexion Daily Semiconductor Bull 3X ETF

In short

KORU A 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.

SOXL A 3x bet on chip stocks that resets every single day. Direxion launched it in 2010, long before AI made semiconductors the market's main event, and it is now one of the most heavily traded leveraged funds out there.

Stated mandate

KORU The fund targets daily, pre-fee and pre-expense results equal to 300% of the MSCI Korea 25/50 Index's performance.

SOXL It is designed to deliver a daily result three times the performance of the NYSE Semiconductor Index, before fees and expenses, with the objective applying for a single day.

Why people hold it

  • KORU 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.
  • SOXL Cheap for the aisle it sits in: 0.75% net of a waiver through September 1, 2027 (0.91% gross), below the category median and under TQQQ's 0.78% net of a waiver through September 30, 2027.
  • The mandate is mechanical: 300% of the NYSE Semiconductor Index's daily move, before fees and expenses, across roughly 40 chip names. No stock picking, no manager discretion.direxion.com
  • A multi-billion-dollar fund that trades very actively, which matters for an instrument designed to be entered and exited inside a single session.
  • Trading since 2010, through several full chip cycles. That is a long run for a 3x product, and one of the stronger setups in its leveraged peer group.

Worth knowing

  • KORU 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.
  • SOXL The 3x target applies to one day only. Daily reset plus compounding means multi-day results can diverge sharply from 3x the index, and choppy markets erode value.direxion.com
  • Semiconductors already swing hard. Tripling the daily move magnifies down days exactly as much as up days, so losses can pile up fast.
  • Roughly 40 stocks in a single US industry. No diversification cushion here, and the index itself has been renamed once (to the NYSE Semiconductor Index in 2023).sec.gov

Full KORU profile⁠

Full SOXL profile⁠

KORU vs SOXL Holdings

How KORU and SOXL differ

Overlap by weight

4.7%

Shared holdings make up 13.1% of KORU and 4.7% of SOXL.

Level by level

  • Countryby domicile3.0%
  • Holdings1 in both4.7%
  • Sector10 Sectors56.1%
  • Asset classEquity100%

Sector

Sector weights in KORU and SOXL, widest gap first
SectorMore in KORUMore in SOXL
TechnologySOXL +43.9 points
IndustrialsKORU +16.5 points
FinancialsKORU +11.4 points
Consumer DiscretionaryKORU +4.6 points
CommunicationKORU +3.0 points
Health CareKORU +3.0 points
Consumer StaplesKORU +2.3 points
EnergyKORU +1.5 points
MaterialsKORU +1.4 points
UtilitiesKORU +0.3 points

Country, concentration and asset class

Country by domicile

Country weights in KORU and SOXL, widest gap first
CountryMore in KORUMore in SOXL
South KoreaKORU +97.0 points
United StatesSOXL +89.3 points
TaiwanSOXL +4.7 points
NetherlandsSOXL +1.5 points
IsraelSOXL +1.1 points
SingaporeSOXL +0.4 points

Outside the US: KORU 0% developed, 100% emerging.

Concentration

Weight in the 10 largest Holdings

  • KORU99.6%
  • SOXL74.3%

Securities held

  • KORU3
  • SOXL32

Asset class

KORU
Equity
SOXL
Equity

Holdings

  • Only in KORU2
  • In both1
  • Only in SOXL31

Only in KORU

2 securities, 16.5% of KORU by weight

  • Ishares Msci South Korea Etf16.14%
  • Goldman Sachs Fin Gov 465 Institut0.38%

Only in SOXL

31 securities, 23.4% of SOXL by weight

  • Jp Morgan 100 Us Trsy Capital 31632.46%
  • Advanced Micro Devices1.99%
  • Intel Corp1.70%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in KORU and SOXL, widest gap first
HoldingMore in KORUMore in SOXL
Goldman Finl Sq Trsry Inst 506KORU +3.86 points

All 9 KORU holdings⁠All 44 SOXL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

KORU vs SOXL Cost

Overpaying KORU vs SOXL

$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%

    $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

Expense ratio

  • 1.32%KORU
  • 0.75%SOXL, cheaper
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

SOXL cheapest of 30 funds

KORU 29th cheapest of 30 funds

KORU vs SOXL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
KORU 0.75%, better
SOXL 0.12%
Payout (12M)
KORU $0.08
SOXL $0.09
Last payment
KORU $0.0057
SOXL $0.09
Ex-dividend
KORU Mar 24, 2026
SOXL Sep 22, 2026
Paid on
KORU Mar 31, 2026
SOXL Sep 29, 2026
Frequency
KORU Quarterly
SOXL Annual

Distribution history

Per share, 2017 to 2026, same scale for both

KORUQuarterly · 22 paymentsAll KORU payments⁠
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.$0$12017202020232026YTD
SOXLAnnual · 29 paymentsAll SOXL payments⁠
One bar per payment. 29 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.0081; Jun 19, 2018 $0.02; Sep 25, 2018 $0.03; Dec 27, 2018 $0.02; Mar 19, 2019 $0.02; Jun 25, 2019 $0.01; Sep 24, 2019 $0.02; Dec 23, 2019 $0.02; Mar 24, 2020 $0.0053; Jun 23, 2020 $0.0063; Dec 22, 2020 $0.0034; Mar 23, 2021 $0.02; Dec 21, 2021 $0.01; Mar 22, 2022 $0.0072; Jun 22, 2022 $0.02; Sep 20, 2022 $0.04; Dec 20, 2022 $0.04; Mar 21, 2023 $0.03; Jun 21, 2023 $0.04; Sep 19, 2023 $0.03; Dec 21, 2023 $0.06; Mar 19, 2024 $0.04; Jun 25, 2024 $0.15; Sep 24, 2024 $0.06; Dec 23, 2024 $0.08; Mar 25, 2025 $0.06; Jun 24, 2025 $0.07; Sep 23, 2025 $0.01; Sep 22, 2026 $0.09. Use the arrow keys to read each point.$0$12017202020232026YTD

KORU vs SOXL Risk

Fall from peak · 5 years

  • KORU
  • SOXL
Oct 29, 2021 to Oct 30, 2026. Worst fall: SOXL −90.5% · Oct 2022. Use the arrow keys to read each point.−100%−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
KORU 141.6%SOXL 137.2%, better
Return per unit of riskSharpe ratio, 3 years
KORU 0.93, betterSOXL 0.90
Worst fallMax drawdown, 5 years
KORU −89.1%, betterSOXL −90.5%
Market sensitivityBeta, 5 years
KORU 6.02SOXL 7.64

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