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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 1.30% over the last 3 days.
Bid/Ask1$17.90 / --
Open$0.00
Previous Close$37.53
Day Low/High
Last Price
$37.53  0% or $32,805.53 from its Day low
--
--
52 Week Range
Last Price
$37.53  4% or $0.69 from its 52 Week high
$19.17
6/27/2016
$38.22
3/21/2017
Price/Earnings13.85x
Price/Cash Flow6.34x
Price/Revenue0.94x

Fund Detail

as of 2/28/2017

Profile

Profile
Total Net Assets$4.7 M
Premium/Discount-0.48%
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 FrequencyAnnually
SEC Yield--

Total Returns

as of 2/28/2017

Standardized Returns

Standardized Returns: Monthly
Description3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception
KORU Market Price
54.76%50.18%-6.75%-----2.27%36.03%77.25%-12.03%-----6.61%-21.37%6.63%-24.46%-----13.52%
KORU NAV
55.12%48.41%-6.49%-----2.27%34.55%75.11%-12.27%-----6.88%-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
5.34%18.28%10.59%13.30%7.52%10.58%8.04%24.98%10.63%14.01%7.62%10.60%3.82%11.96%8.87%14.66%6.95%10.51%
View Performance >

Top 5 Holdings

as of 2/28/2017
Top 5 Holdings
EWYOpens Flyout Module that includes Quote information for linked symboliShares MSCI South Korea Capped ETF59.71%
--Fidelity Institutional Go17.90%
--Msci S Korea Index Swap1.48%
Total
79.09%
More Holdings >

Top Sectors

as of 2/28/2017
Top SectorsTop Sectors
Sector% of Holdings
Technology39.69%
Financial Services14.32%
Consumer Cyclical13.02%
Industrials9.46%
Total76.49%
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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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