KORU
Direxion MSCI Daily South Korea Bull 3X Shares
KORU provides 300% daily leveraged exposure to a market-cap-weighted index of large- and midcap South Korean companies.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
119.4 M
ASSETS UNDER MGMT
132 bp
EXPENSES
Fund Basics
| Fund sponsor | Rafferty Asset Management |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 11, 2013 |
| Assets (mns) | $109 |
| Expense ratio | 132 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 139.2% | -1.9% | -12.9% | -6.9% | -9.9% | -10.4% | -- | -12.4% |
| Dividend Yield | 0.6% | 2.4% | 2.2% | 2.0% | 1.3% | 1.2% | -- | 1.1% |
| Total Returns | 139.8% | 0.6% | -10.8% | -5.0% | -8.6% | -9.3% | -- | -11.3% | Ann. Volatility | 81.1% | 79.2% | 71.3% | 72.4% | 71.2% | 72.8% | -- | 69.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.56 | 0% |
| MSCI EAFE | 6.36 | 4% |
| MSCI Emg Mkts | 4.33 | 2% |
Liquidity Measures
| Avg. volume (000) | 110 |
| ADV traded (mns) | $9 |
| Turnover | 7.7% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| Recent close | $83.52 |
| 30d moving avg. | $82.98 |
| Annualized volatility | 534.5% |
| Relative strength (RSI) | 56 |
| Short interest | 0.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| KORU (132 bp) Percentile rank | 99 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| KORU | 132.0 | 13.8 | 145.8 |
| Peer Avg. | 59.2 | 32.8 | 92.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .