# KORU (Direxion Daily MSCI South Korea Bull 3X ETF)

Direxion · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: KORU returned −44.1% where its own daily promise gave −39.0%, 5.1 points short.

## Key facts

- KORU, what EWY did: −4.4%, as of Sep 11, 2026.
- KORU, what +3 times a day gives: −39.0%, as of Sep 11, 2026.
- KORU, what the fund returned: −44.1%, as of Sep 11, 2026.
- KORU, the fund itself cost: −5.1 pts, as of Sep 11, 2026.
- KORU, net assets: $1.6bn (source, as filed for Apr 30, 2026).
- KORU, expense ratio: 1.32% (485BPOS XBRL, Feb 26, 2026).

## KORU over each window to Sep 11, 2026

| Window | Fund | EWY | +3x the move | Difference | EWY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +13.5% | +7.3% | +21.9% | −8.4 pts | 46% |
| 3 months | −44.1% | −4.4% | −13.3% | −30.8 pts | 67% |
| 6 months | +45.9% | +52.0% | +156.0% | −110.1 pts | 70% |
| 1 year | +375.5% | +147.9% | not meaningful over this window | not meaningful over this window | 56% |
| 3 years | +497.7% | +227.1% | not meaningful over this window | not meaningful over this window | 38% |
| Since launch | +26.7% | +320.5% | not meaningful over this window | not meaningful over this window | 27% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +3 times the daily move of EWY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | EWY moved −4.4% over this window, too little to read a multiple from | ETFIQ |
| Underlying | EWY | ETFIQ |
| Segment | sector or country, country | ETFIQ |
| Net assets | $1.6bn | source, as filed for Apr 30, 2026 |
| Expense ratio | 1.32% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Apr 10, 2013 | ETFIQ |
| Underlying volatility over the window | 67% annualized | ETFIQ |

## Questions

### Did KORU return +3 times EWY?

Over the window to Sep 11, 2026, EWY moved −4.4% and KORU returned −44.1%. 3 times that move is −13.3%, so the fund came out 30.8 points short of it.

### Why does KORU not return +3 times over a year?

Because it resets daily. KORU aims at +3 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +3 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, KORU, data as of Sep 11, 2026. https://etfiq.com/funds/KORU
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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