KORU — Direxion MSCI Daily South Korea Bull 3X Shares
Direxion MSCI Daily South Korea Bull 3X Shares (ticker: KORU) is a equity ETF issued by Rafferty Asset Management tracking MSCI Korea 25-50 (300%). It was launched on 2013-04-11.
About KORU
KORU is a leveraged exchange-traded fund that seeks to achieve 300% of the daily performance of the MSCI Korea 25-50 Index. The fund primarily invests in swap agreements, futures contracts, and other financial instruments that provide leveraged exposure to the performance of South Korean equities.
This ETF is designed for sophisticated investors who seek magnified daily returns from the South Korean equity market. It should be considered for short-term tactical allocations given its leveraged nature and the compounding of returns.
- Targets 3x leveraged daily exposure to South Korean equities.
- Tracks the MSCI Korea 25-50 Index.
- Expense ratio of 1.32%.
- Total of 10 holdings.
- AUM of $1.74B.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 16.30% |
| 1 Week | -43.91% |
| 1 Month | -24.70% |
| 3 Months | 103.65% |
| 6 Months | 335.64% |
| YTD | 290.64% |
| 1 Year | — |
| 3 Years | 621.79% |
| 5 Years | 74.48% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 2 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 3 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 4 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 5 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 6 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 7 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 8 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 9 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
| 10 | GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | — |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: South Korea - Total Market |
| Region | Developed Asia Pacific |
| Index Tracked | MSCI Korea 25-50 (300%) |
| Inception Date | 2013-04-11 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | KORU |
|---|---|
| Full Name | Direxion MSCI Daily South Korea Bull 3X Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $2.07B |
| Inception | 2013-04-11 |
| Index Tracked | MSCI Korea 25-50 (300%) |
Frequently Asked Questions
What does KORU track?
KORU (Direxion MSCI Daily South Korea Bull 3X Shares) tracks MSCI Korea 25-50 (300%), a equity benchmark.
What is the expense ratio of KORU?
KORU has an expense ratio of 0.01% per year.
What is the AUM of KORU?
KORU has approximately $2.07B in assets under management.
Does KORU pay a dividend?
KORU distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues KORU?
KORU is issued by Rafferty Asset Management under the Direxion brand, launched on 2013-04-11.
Open the interactive KORU dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.