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About Direxion Daily MSCI South Korea Bull 3X ETF
KORU tracks the value of 1 share of the Direxion Daily MSCI South Korea Bull 3X ETF. The ETF seeks daily investment results of three times the performance of the MSCI Korea 25/50 Index. Because it resets every day, its returns compound over time and KORU can lose value — even when South Korean equities rise — if held for longer than a single trading day.
KORU aggregates listings across every venue CoinBeaver tracks. Prices blend synthetic perpetual markets and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Equity Indices.
Frequently Asked Questions
- What is KORU?
- KORU tracks the value of 1 share of the Direxion Daily MSCI South Korea Bull 3X ETF. The ETF seeks daily investment results of three times the performance of the MSCI Korea 25/50 Index.
- Does trading KORU give me any of the rights of owning shares in the underlying ETF?
- No. KORU is a synthetic perpetual with no delivery mechanism or arbitrage bridge to the underlying ETF's shares. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying fund.
- Where is KORU listed, and in what currency does KORU trade?
- KORU is listed on NYSE Arca, and its shares trade in U.S. dollars. KORU's price already reflects that U.S. dollars, with no currency conversion involved.
- Why can KORU lose value even when South Korean stocks are rising?
- KORU seeks three times the daily move of the MSCI Korea 25/50 Index, and that target resets every trading day. Because returns compound through the daily reset, the fund's outcome is path-dependent beyond a single day: in volatile or flat markets, KORU can lose value even when the index rises over the same period.
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