Data as of Oct 28, 2026.

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EWY vs KORU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWY returned +79.7% to KORU's +65.7%, and EWY charges 0.59% to KORU's 1.32%.

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Net assets: $24.4bn on Oct 28, 2026 for iShares MSCI South Korea ETF, and $1.2bn on Oct 27, 2026 for Direxion Daily MSCI South Korea Bull 3X ETF.

At a glance
+79.7%
EWY total return, 1 year
+65.7%
KORU total return, 1 year
0.59%
EWY expense ratio
1.32%
KORU expense ratio

Pair scorecard

EWY costs 0.73 points a year less; their one-year returns differ by 14.0 points; EWY is 18.8 times larger.

EWY vs KORU: Differences, Returns & Fees
MeasureEWYKORU
Return
Total return, 1 year+79.7%+65.7%
What the underlying did, 3 monthsKORU 14.1%
What the underlying did, 3 monthsKORU 14.1%
Drawdown
Below its high24.3%, high on Jun 18, 2026
Benchmark
What it tracksMSCI Korea 25/50 Daily 25 Capped IndexMSCI South Korea
Cost and size
Expense ratio0.59%1.32%
Net assets, as of Oct 26, 2026$22.5bn$1.2bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund60.9%
Risk
Volatility, annualized157%

Method

Risk and return

Apr 19, 2013 to Oct 23, 2026 · 705 weekly returns
EWY KORU
Return
Total return edge EWY +247.8% −34.2%
Annualized edge EWY +9.6% −3.0%
Price return edge EWY +173.8% −43.8%
Risk
Volatility edge EWY 26.3% 79.0%
Max drawdown edge EWY −49.7% −95.1%
Risk-adjusted
Sharpe edge EWY 0.41 0.34
Sortino edge EWY 0.60 0.51
Calmar edge EWY 0.19 −0.03
Reading

EWY returned more: +247.8% to −34.2%. EWY swung less: 26.3% to 79.0%. EWY fell less at its worst: −49.7% to −95.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: EWY vs KORU: Differences, Returns & Fees
MeasureEWYKORUEdgeHow it is measured
Return
Total return+247.8%−34.2%EWYPrice change plus distributions, reinvested.
Annualized+9.6%−3.0%EWYTotal return as a yearly rate.
Price return+173.8%−43.8%EWYPrice change alone, distributions left out.
Risk
Volatility26.3%79.0%EWYSpread of weekly returns, annualized. Lower is steadier.
Downside deviation17.9%53.3%EWYLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−49.7%−95.1%EWYDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.410.34EWYReturn above Treasury bills per unit of volatility.
Sortino0.600.51EWYReturn above Treasury bills per unit of downside deviation.
Calmar0.19−0.03EWYAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 705 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

EWY iShares MSCI South Korea ETF KORU Direxion Daily MSCI South Korea Bull 3X ETF
Where it sits Stock ETF Leveraged ETF
What it is Tracks the MSCI South Korea +3 times MSCI South Korea each day
Total return, 1 year +79.7% +65.7%
Its benchmark over the same days +16.3% (EEM) not measured
Gap to its benchmark +63.4 pts vs EEM not measured
Expense ratio 0.59% 1.32%
Holdings 78 not read by ETFIQ
Net assets, EWY as of Oct 28, 2026 and KORU as of Oct 27, 2026 $24.4bn $1.2bn

EWY and KORU on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-9A15FECF96

EWY and KORU do different jobs. What does each one do in a portfolio?

  1. What each follows. EWY follows MSCI Korea 25/50 Daily 25 Capped Index and KORU follows MSCI South Korea.
  2. One-year total return. Over 1 year to Oct 28, 2026 EWY returned +79.7% and KORU +65.7% with distributions reinvested, a gap of 14.0 points.
  3. Cost. EWY charges 0.59% of assets a year and KORU 1.32%, a gap of 0.73 points.

Data as of Oct 28, 2026.

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About each fund
EWY

EWY tracks the MSCI South Korea. Over the year to Oct 28, 2026 it returned +79.7% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 78 positions, with the top ten at 60.9%. It sat 24.3% below its high of Jun 18, 2026 on Oct 28, 2026.

KORU

Over the three months to Oct 28, 2026, KORU returned 14.1%. KORU aims to return +3 times MSCI South Korea's move each day, then resets. Over one day it does that. Over longer periods the daily results compound, so the total is not +3 times the period's move: it is lower after a fall and recovery, and can be higher in a steady run. KORU itself moved at 157% annualized over that window. Its prospectus names the MSCI Korea 25/50 Index, which no listed fund tracks (EWY tracks the MSCI Korea 25/50 Daily 25 Capped Index, a different index), so ETFIQ has no daily series to measure the fund against. Its own return is shown and no achieved multiple is computed.

Questions people ask

Are EWY and KORU in the same category?
EWY is a stock ETF and KORU is a leveraged ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, EWY or KORU?
In the year to Oct 28, 2026, with distributions reinvested, EWY returned +79.7% and KORU +65.7%.
Which is cheaper, EWY or KORU?
EWY is cheaper, by 0.73 percentage points a year. That is about $73 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EWY against KORU, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewy-vs-koru

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