Direxion Daily South Korea Bull 3X SharesDirexion Daily South Korea Bull 3X SharesDirexion Daily South Korea Bull 3X Shares

Direxion Daily South Korea Bull 3X Shares

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Key stats

Assets under management (AUM)
‪37.09 M‬USD
Fund flows (1Y)
‪6.98 M‬USD
Dividend yield (indicated)
2.89%
Discount/Premium to NAV
2.0%

About Direxion Daily South Korea Bull 3X Shares

Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
1.34%
Inception date
Apr 11, 2013
Index tracked
MSCI Korea 25-50
Management style
Passive
KORU is an aggressive, one-day bet on South Korean equities. The fund seeks to provide 3x the performance of the MSCI Korea 25/50 Index. Samsung Electronics makes up a big chunk of the index, so any large swings in the electronics giants stock will likely be amplified in KORUs returns. The fund rebalances its leverage on a daily basis, so KORU is strictly meant to be a short-term trading vehicleif held for longer periods, the compounding effects of the daily rebalance could lead to significant differences from the expected returns path.

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 26, 2024
Exposure type
Bonds, Cash & Other
ETF
Cash
Bonds, Cash & Other100.00%
ETF53.07%
Cash46.93%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows