Direxion Daily South Korea Bull 3X Shares
Price
₩21.41
YTD
+18.50%
Expense
1.09%
Yield
0.00%
🇰🇷 South Korea
South Korea Leveraged & Inverse ETFs
Leveraged South Korea ETFs — KORU 3X bull for tactical trading.
Leveraged Korean Market ETFs
KORU provides 3X daily leveraged MSCI Korea exposure for short-term tactical trading.
🏆 Winner — #1 pick
iShares MSCI South Korea ETF
Price
₩182.14
YTD
+9.85%
Expense
0.58%
Yield
1.45%
Frequently asked questions
What are leveraged Korean market ETFs?
Leveraged Korean market ETFs aim to amplify the daily returns of South Korean equity indices, often using derivatives to achieve multiples like 2x or 3x performance.
What does KORU ETF do?
KORU provides 3x daily leveraged exposure to the MSCI Korea 25/50 Index, magnifying short-term gains and losses.
Who manages KORU?
KORU is managed by Direxion, a provider known for leveraged and inverse ETFs.
What is the expense ratio of KORU?
KORU has a relatively high expense ratio of 1.09% due to its leveraged structure.
What is the YTD return of KORU?
KORU has delivered a year-to-date return of approximately +18.50%.
Is KORU suitable for long-term investing?
No, KORU is not suitable for long-term investing due to daily compounding effects that can erode returns over time.
What is daily compounding in leveraged ETFs?
Daily compounding means returns are reset each day, which can lead to performance divergence from the underlying index over longer periods.
What type of investor should use KORU?
KORU is designed for experienced traders seeking short-term tactical exposure to the Korean market.
What risks are associated with leveraged ETFs like KORU?
Risks include amplified losses, volatility, daily reset risk, and potential capital erosion over time.
What index does KORU track?
KORU tracks the MSCI Korea 25/50 Index with 3x leverage on a daily basis.
What is EWY ETF?
EWY is a non-leveraged ETF that provides exposure to the South Korean equity market.
Who manages EWY?
EWY is managed by BlackRock under its iShares ETF brand.
What is the expense ratio of EWY?
EWY has an expense ratio of 0.58%.
What is the yield of EWY?
EWY offers a dividend yield of approximately 1.45%.
What is the YTD return of EWY?
EWY has delivered a year-to-date return of around +9.85%.
How does EWY differ from KORU?
EWY provides standard (1x) exposure suitable for long-term investing, while KORU offers 3x leveraged exposure for short-term trading.
What companies dominate EWY?
EWY is heavily concentrated in large Korean companies, particularly Samsung Electronics and semiconductor-related firms.
Is EWY suitable for long-term investors?
Yes, EWY is suitable for long-term investors seeking exposure to South Korea’s equity market.
Can leveraged ETFs like KORU lose value even if the market is flat?
Yes, due to volatility decay and daily compounding, leveraged ETFs can lose value even in sideways markets.
Are leveraged ETFs high risk?
Yes, leveraged ETFs are considered high-risk and are best used by experienced traders with a short-term horizon.
Why might investors choose EWY over KORU?
Investors seeking stable, long-term exposure with lower risk would prefer EWY over the highly volatile KORU.