Skip to Main Content

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: Undefined
Value
Blend
Growth
Large
Mid
Small

Price Movement of KORU

Chart for Price Movement
KORU is down -3.34% over the last 3 days.
Bid/Ask1$22.93 / --
Open$27.76
Previous Close$27.83
Day Low/High
Last Price
$27.76  48% or $0.11 from its Day high
$27.64
$27.87
52 Week Range
Last Price
$27.76  32% or $5.39 from its 52 Week high
$16.00
1/20/2016
$33.15
9/06/2016
Price/Earnings--
Price/Cash Flow--
Price/Revenue--

Fund Detail

as of 12/31/2016

Profile

Profile
Total Net Assets$3.6 M
Premium/Discount-0.07%
Portfolio Turnover--
Total Holdings5
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 FrequencyAnnually
SEC Yield--

Total Returns

as of 12/31/2016

Standardized Returns

Standardized Returns: Monthly
Description3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception
KORU Market Price
-4.62%61.71%-15.08%-----9.90%-21.37%6.63%-24.46%-----13.52%-21.37%6.63%-24.46%-----13.52%
KORU NAV
-4.46%50.54%-15.08%-----9.90%-23.40%6.28%-24.92%-----13.68%-23.40%6.28%-24.92%-----13.68%
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
6.77%23.51%9.60%14.09%7.04%10.53%3.82%11.96%8.87%14.66%6.95%10.51%3.82%11.96%8.87%14.66%6.95%10.51%
View Performance >

Top 5 Holdings

as of 12/31/2016
Top 5 Holdings
--Fidelity Institutional Go65.00%
--Msci S Korea Index Swap8.28%
Total
73.27%
More Holdings >

Top Sectors

Sectors data unavailable
Top SectorsTop Sectors
Sign in to see if you own shares.
Additional Trading Options
Fund Highlights
Fund Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25/50 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI Korea 25/50 Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure the performance of the large- and mid- cap segments of the South Korea equity market, covering approximately 85% of the free float-adjusted market capitalization in South Korea. 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
  • 1.09%
    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
    1.89%
  • Index Fund
    Yes
  • Leveraged Fund
    Yes
  • Socially Conscious
    No
  • Actively Managed
    No
  • Fund Family
Opens a modal dialogOpens a modal dialogOpen flyout contentOpens a new window