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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 1.33% over the last 3 days.
Bid/Ask1$46.57 / $48.60
Open$47.77
Previous Close$48.10
Day Low/High
Last Price
$47.20  24% or $0.19 from its Day low
$47.01
$47.77
52 Week Range
Last Price
$47.20  8% or $2.29 from its 52 Week high
$19.17
6/27/2016
$49.49
6/14/2017
Price/Earnings14.31x
Price/Cash Flow7.62x
Price/Revenue1.03x

Fund Detail

as of 5/31/2017

Profile

Profile
Total Net Assets$9.4 M
Premium/Discount-0.13%
Portfolio Turnover--
Total Holdings7
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 5/31/2017

Standardized Returns

Standardized Returns: Monthly
Description3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception
KORU Market Price
27.51%84.79%-3.15%----3.66%47.15%124.39%-5.16%----2.95%51.18%43.31%-8.01%-----3.17%
KORU NAV
27.60%132.08%-3.92%----3.66%50.08%124.19%-4.41%----3.17%53.08%42.96%-8.02%-----3.04%
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
4.46%17.81%9.80%15.24%7.25%10.62%2.57%17.47%10.14%15.42%6.94%10.60%6.07%17.17%10.37%13.30%7.51%10.59%
View Performance >

Top 5 Holdings

as of 5/31/2017
Top 5 Holdings
EWYOpens Flyout Module that includes Quote information for linked symboliShares MSCI South Korea Capped ETF52.23%
--Fidelity Institutional Go13.51%
--Msci S Korea Index Swap0.36%
Total
66.10%
More Holdings >

Top Sectors

as of 5/31/2017
Top SectorsTop Sectors
Sector% of Holdings
Technology39.63%
Financial Services14.48%
Consumer Cyclical12.95%
Industrials9.71%
Total76.77%
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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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