KORU - Direxion Daily MSCI South Korea Bull 3X Shares
| Assets | $63.67M |
| NAV | $45.48 |
| Expense Ratio | 1.29% |
| PE Ratio | 17.86 |
| Beta (5Y) | 3.20 |
| Dividend (ttm) | n/a |
| Dividend Yield | 0.01% |
| Ex-Dividend Date | Dec 22, 2020 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $45.13 |
| Previous Close | $45.51 |
| Change ($) | -0.38 |
| Change (%) | -0.83% |
| Day's Open | 43.27 |
| Day's Range | 43.11 - 45.14 |
| Day's Volume | 51,540 |
| 52-Week Range | 7.67 - 53.36 |
Fund Description
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 invests at least 80% of its net assets in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to 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.
| Asset Class Portfolio-Multi Asset | Sector Asia |
| Region Asia-Pacific | Inception Date Apr 11, 2013 |
| Exchange NYSEARCA | Ticker Symbol KORU |
| Index Tracked MSCI Korea 25/50 Index | |
Top 10 Holdings
100.01% of assets| Name | Symbol | Weight |
|---|---|---|
| ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | n/a | 33.00% |
| ISHARES MSCI SOUTH KOREA SWAP | n/a | 32.72% |
| iShares MSCI South Korea ETF | EWY | 11.39% |
| DREYFUS GOVT CASH MGMT | n/a | 6.01% |
| GOLDMAN FS GOVT INST | n/a | 5.62% |
| ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | n/a | 5.41% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 3.75% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 1.11% |
| ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | n/a | 0.80% |
| DREYFUS GOVT CASH MGMT | n/a | 0.20% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2020 | $0.003 | Dec 30, 2020 |
| Dec 23, 2019 | $0.19 | Dec 31, 2019 |
| Sep 24, 2019 | $0.024 | Oct 1, 2019 |
| Jun 25, 2019 | $0.027 | Jul 2, 2019 |
| Dec 27, 2018 | $0.138 | Jan 4, 2019 |
| Mar 20, 2018 | $0.207 | Mar 27, 2018 |
3 South Korea ETFs for Q2 2021 are KORU, FLKR, and EWY.
The S&P 500, the Nasdaq-100 and the Dow Jones gained about 3.6%, 5.9% and 3.4%, respectively, last week.
Traders sifting through the mass of leveraged ETF opportunities might want to give this single-country fund a look: the Direxion Daily South Korea Bull 3X Shares (KORU) is up 15% to start the year and m...
Wall Street saw a mixed performance last week probably because of rising COVID-19 cases globally while a stimulus deal cheered up the market.
Trading in international territory takes a discerning eye to spot opportunity. One smart play is South Korea through the Direxion Daily South Korea Bull 3X Shares (KORU).
The S&P 500, the Dow Jones and the Nasdaq Composite lost about 0.5%, 1% and 1.1%, respectively, in the past week.
International Equity Trades: Russia, Mexico and Korea Although much of the market’s attention has been zeroed in on large cap U.S. stocks (and rightly so) international markets have also found renewed f...
For more than a month now, politicians, businesses and traders have attempted to anticipate the consequences of the global pandemic that has effectively shut down large swaths of commerce around the glo...
Amid lingering geopolitical tensions, the MSCI Korea 25/50 Index is up 4.63 percent this year, a performance that far trails that of the MSCI Emerging Markets Index.