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

Direxion · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: KORU returned −33.3% where its own daily promise gave −26.6%, 6.6 points short.

## Key facts

- KORU, what EWY did: −1.5%, as of Sep 30, 2026.
- KORU, what 3 times a day gives: −26.6%, as of Sep 30, 2026.
- KORU, what the fund returned: −33.3%, as of Sep 30, 2026.
- KORU, the fund itself cost: −6.6 pts, as of Sep 30, 2026.
- KORU, net assets: $1.3bn (issuer page, as of Sep 30, 2026).
- KORU, expense ratio: 1.32% (485BPOS XBRL, Feb 26, 2026).

## KORU over each window to Sep 30, 2026

| Window | Fund | EWY | +3x the move | Difference | EWY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −4.5% | +1.1% | +3.2% | −7.7 pts | 46% |
| 3 months | −33.3% | −1.5% | −4.4% | −28.9 pts | 59% |
| 6 months | +30.9% | +44.8% | +134.4% | −103.6 pts | 68% |
| 1 year | +282.9% | +133.4% | not meaningful over this window | not meaningful over this window | 57% |
| 3 years | +511.2% | +233.3% | not meaningful over this window | not meaningful over this window | 39% |
| Since launch | +10.0% | +307.3% | not meaningful over this window | not meaningful over this window | 28% |

## 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 −1.5% over this window, too little to read a multiple from | ETFIQ |
| Underlying | EWY | ETFIQ |
| Segment | sector or country, country | ETFIQ |
| Net assets | $1.3bn | issuer page, as of Sep 30, 2026 |
| Expense ratio | 1.32% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Apr 10, 2013 | ETFIQ |
| Underlying volatility over the window | 59% annualized | ETFIQ |

## Questions

### Did KORU return +3 times EWY?

Over the window to Sep 30, 2026, EWY moved −1.5% and KORU returned −33.3%. 3 times that move is −4.4%, so the fund came out 28.9 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 30, 2026. https://etfiq.com/funds/koru
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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