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KORU  Direxion Daily South Korea Bull 3X…
Exchange-Traded Fund
NYSE Arca

Morningstar Summary

Ratings & Reports

  • Overall
    as of --
    Star Rating: 0Not Rated
    Out of -- funds
  • 3 Year
    Star Rating: 0Not Rated
    Out of -- funds
  • 5 Year
    Star Rating: 0Not Rated
    Out of -- funds
  • 10 Year
    Star Rating: 0Not Rated
    Out of -- funds

Historical Risk

  • Low
  • Below Average
  • Avg
  • Above Average
  • High

Historical Return

  • Low
  • Below Average
  • Avg
  • Above Average
  • High

Morningstar Style Box

Market Cap vs. Investment Style
Selected Values: Investment Style: Large, Market Cap: Value
Value
Blend
Growth
Large
Mid
Small

Price Movement of KORU

Chart for Price Movement
KORU is up 5.68% over the last 3 days.
Bid/Ask1-- / --
Open$0.00
Previous Close$50.12
Day Low/High
Last Price
$50.12  0% or $32,818.12 from its Day low
--
--
52 Week Range
Last Price
$50.12  16% or $5.21 from its 52 Week high
$21.81
11/18/2016
$55.33
7/24/2017
Price/Earnings12.33x
Price/Cash Flow7.55x
Price/Revenue1.02x

Fund Detail

as of 8/31/2017

Profile

Profile
Total Net Assets$11.8 M
Premium/Discount-0.05%
Portfolio Turnover--
Total Holdings6
Fund TypeETF
Transaction FeeYes

Distributions and Yield

Distributions and Yield
Distribution Yield0.00%
Most Recent Dividend$1.1348
Previous Pay Date12/19/2013
Ex-Date12/12/2013
Distribution FrequencyQuarterly
SEC Yield--

Total Returns

as of 8/31/2017

Standardized Returns

Standardized Returns: Monthly
Description3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception
KORU Market Price
7.33%79.35%0.12%----4.47%0.72%62.18%-6.41%----2.95%27.63%102.45%-4.97%----2.79%
KORU NAV
7.53%81.44%0.21%----4.47%0.34%62.64%-6.36%----3.06%28.00%101.16%-5.01%----2.99%
Trading--Leveraged Equity
Morningstar Category
------------3.07%15.53%20.57%18.63%6.36%--3.19%9.51%24.83%16.48%5.43%--
S&P 500
Index
3.43%19.49%9.87%13.79%7.42%10.63%3.01%16.23%9.54%14.34%7.61%10.61%3.09%17.90%9.61%14.63%7.18%10.60%
View Performance >

Top 5 Holdings

as of 8/31/2017
Top 5 Holdings
EWYOpens Flyout Module that includes Quote information for linked symboliShares MSCI South Korea Capped ETF34.01%
--Msci S Korea Index Swap5.92%
--Msci S Korea Index Swap0.08%
Total
40.01%
More Holdings >

Top Sectors

as of 8/31/2017
Top SectorsTop Sectors
Sector% of Holdings
Technology40.43%
Financial Services15.00%
Consumer Cyclical11.29%
Basic Materials9.44%
Total76.16%
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Additional Trading Options
Fund Highlights
Fund Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Korea 25/50 Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is designed to measure the performance of the large- and mid-cap segments of the South Korean equity market, covering approximately 85% of the free float-adjusted market capitalization of South Korean issuers. It is non-diversified.
Morningstar Category
These funds seek to generate returns equal to a fixed multiple of the short-term returns of an equity index. The compounding of short-term returns results in performance that does not correspond to those of investing in the index with external leverage. For example, a fund attempting to achieve 2 times the returns of a given index on a daily basis is unlikely to deliver anything like 2 times the index's returns over periods longer than one day. Many of these funds seek to generate a multiple of the daily or weekly return of the reference index. Trading funds are not considered suitable for a long-term investor and are designed to be used by active traders.
  • Inception Date
    04/10/2013
  • 1.31%
    Net Expense may include reimbursements or fee waivers, which may be voluntary or contractual and may expire. See prospectus for more details.
  • Gross Expense Ratio
    2.01%
  • Index Fund
    Yes
  • Leveraged Fund
    Yes
  • Socially Conscious
    No
  • Actively Managed
    No
  • Fund Family
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