{"url":"https://etfiq.com/compare/leverage/koru-vs-krwx","section":"compare","title":"KORU vs KRWX: which held to its multiple? | ETFIQ","description":"KORU sets out to return +3 times EWY each day and KRWX +2 times. Over the three months to Sep 30, 2026 they finished \u221228.9 pts and \u221211.4 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, KORU or KRWX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, KORU finished 28.9 points from what its multiple implies and KRWX finished 11.4 points from its own, so KRWX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are KORU and KRWX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on iShares MSCI South Korea ETF, KORU at +3 times and KRWX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, KORU or KRWX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window KORU\u2019s moved at 59% annualized and KRWX\u2019s at 59%, so KORU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold KORU or KRWX for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, KORU or KRWX?","acceptedAnswer":{"@type":"Answer","text":"KORU charges 1.32% a year and KRWX charges 0.45%, so KRWX is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"KORU vs KRWX","item":"https://etfiq.com/compare/leverage/koru-vs-krwx"}]},{"@type":"WebPage","name":"KORU vs KRWX: which held to its multiple?","description":"KORU sets out to return +3 times EWY each day and KRWX +2 times. Over the three months to Sep 30, 2026 they finished \u221228.9 pts and \u221211.4 pts away.","url":"https://etfiq.com/compare/leverage/koru-vs-krwx","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, KORU finished 6.6 points short and KRWX 3.3 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of KORU and KRWX","description":"KORU sets out to return +3 times EWY each day and KRWX +2 times. Over the three months to Sep 30, 2026 they finished \u221228.9 pts and \u221211.4 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/koru-vs-krwx","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6901,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / KORU vs KRWX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n KORU vs KRWX: which held to its multiple?\n\n Over three months against its own daily promise, KORU finished 6.6 points short and KRWX 3.3 points short.\n Copy this for sharing \n \n Direxion Daily MSCI South Korea Bull 3X ETF and Corgi South Korea 2x Daily ETF.\n\n Download as PDF \n\n \u221233.3% KORU returned, 3 months \n \u221214.4% KRWX returned, 3 months \n \u221228.9 pts KORU from its stated multiple \n \u221211.4 pts KRWX from its stated multiple \n\n ETFIQ Decay Resistance Score: KRWX scores hig","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/koru-vs-krwx","a":{"ticker":"KORU","name":"Direxion Daily MSCI South Korea Bull 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: KORU returned \u221233.3% where its own daily promise gave \u221226.6%, 6.6 points short.","url":"https://etfiq.com/funds/koru","key_facts":[{"label":"What EWY did","value":"\u22121.5%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u221226.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221233.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22126.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1.3bn","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.32%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"KRWX","name":"Corgi South Korea 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: KRWX returned \u221214.4% where its own daily promise gave \u221211.1%, 3.3 points short.","url":"https://etfiq.com/funds/krwx","key_facts":[{"label":"What EWY did","value":"\u22121.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221211.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221214.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$885,107","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, May 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/koru-vs-krwx"}