NYSEARCA:KORU

Direxion Daily South Korea Bull 3X Shares (KORU) Price, Holdings, & News

$7.68
+0.06 (+0.79%)
(As of 04/24/2024 ET)
Today's Range
$7.59
$7.84
50-Day Range
$6.89
$9.67
52-Week Range
$5.37
$11.31
Volume
427,354 shs
Average Volume
489,866 shs
Market Capitalization
$33.41 million
Assets Under Management
$36.14 million
Dividend Yield
0.52%
Net Expense Ratio
1.23%

About Direxion Daily South Korea Bull 3X Shares

The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.

KORU Stock Price History

KORU ETF News Headlines

Direxion Daily South Korea Bull 3X Shares (KORU)
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN)
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
South Korea truckers end strike, boosting shares
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily South Korea Bull 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:KORU
Inception Date
4/10/2013
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
MSCI Korea 25/50 Index
Category
Strategy
Focus
Developed Markets
Development Level
Developed Markets
Region
Asia-Pacific
Number of Holdings
16

Fund Statistics

Assets Under Management
$36.14 million
Average Daily Volume
$548,480.30
Discount/Premium
0.01%
Leveraged
3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
3
Put Options
5
Call Options
3
Short Interest
52,900 shs

Miscellaneous

Beta
3.18
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily South Korea Bull 3X Shares Expenses

TypeKORUDeveloped Markets ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.75%0.54%0.50%0.51%
Other Expenses0.49%1.15%0.54%0.64%0.58%
Total Expense1.24%1.90%0.70%0.74%0.70%
Fee Waiver-0.01%-0.70%-0.54%-0.68%-0.57%
Net Expense1.23%1.20%0.60%0.58%0.58%

Direxion Daily South Korea Bull 3X Shares (KORU) Holdings & Exposure

Top 8 KORU Holdings

  • ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP
    Holding Weight: 132.50%
  • ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP
    Holding Weight: 65.12%
  • iShares MSCI South Korea ETF(NYSEARCA:EWY)
    Holding Weight: 49.99%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 34.18%
  • ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP
    Holding Weight: 32.29%
  • ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP
    Holding Weight: 20.11%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 13.75%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 1.76%

KORU Sector Exposure

KORU Industry Exposure


KORU ETF - Frequently Asked Questions

How have KORU shares performed in 2024?

Direxion Daily South Korea Bull 3X Shares' stock was trading at $9.38 on January 1st, 2024. Since then, KORU shares have decreased by 18.1% and is now trading at $7.68.
View the best growth stocks for 2024 here
.

What does KORU invest in?

Direxion Daily South Korea Bull 3X Shares is a equity fund issued by Direxion. KORU focuses on developed markets investments and follows the MSCI Korea 25/50 Index. The fund's investments total to approximately $36.14 million assets under management.

What is the management fee for Direxion Daily South Korea Bull 3X Shares?

Direxion Daily South Korea Bull 3X Shares' management fee is 0.75% and has other expenses of 0.49%. However, KORU has a fee waiver of -0.01% to reimburse the expenses. The net expense ratio for KORU is 1.23%.

What other stocks do shareholders of Direxion Daily South Korea Bull 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily South Korea Bull 3X Shares investors own include NVIDIA (NVDA), Direxion Daily MSCI India Bull 3x Shares (INDL), Direxion Daily Japan Bull 3X Shares (JPNL), Block (SQ), Agilent Technologies (A), AbbVie (ABBV), Axcelis Technologies (ACLS), Adobe (ADBE), Align Technology (ALGN) and Applied Materials (AMAT).

How do I buy shares of Direxion Daily South Korea Bull 3X Shares?

Shares of KORU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:KORU) was last updated on 4/25/2024 by MarketBeat.com Staff

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