Direxion Daily South Korea Bull 3X ETF (KORU)
8.57
+0.28
(+3.38%)
USD |
NYSEARCA |
Mar 30, 16:00
8.60
+0.03
(+0.35%)
After-Hours: 20:00
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.32% | 0.08% | 30.65M | 310935.4 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 0.92% | 27.00% | 11.01M | Upgrade |
Basic Info
| Investment 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 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Leveraged Equity |
| Category Index | S&P 500 TR USD |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Pacific Stock |
| Fund Owner Firm Name | Direxion Funds |
| Prospectus Benchmark Index | |
| MSCI Korea 25-50 NR USD | 300.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Paul Brigandi | 9.90 yrs |
| Tony Ng | 7.42 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
18
11.01M
-474.20M
Category Low
4.729B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 29, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 29, 2023.
Asset Allocation
Top 7 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| iShares MSCI South Korea ETF | 50.14% | 60.70 | 1.17% |
|
Goldman Sachs Sterling FixInc Port Inc
|
33.59% | -- | -- |
| Dreyfus Government Cash Mgmt Instl | 12.81% | 1.00 | 0.00% |
|
Goldman Finl Sq Trsry Ins
|
7.36% | -- | -- |
|
Ishares Msci South Korea Capped Etf Swap
|
2.74% | -- | -- |
|
Goldman Fs Govt Inst
|
1.61% | -- | -- |
|
Ishares Msci South Korea Capped Etf Swap
|
-6.70% | -- | -- |
News
Headline
Wire
Time (ET)
SA Breaking News
12/22 13:23
Basic Info
| Investment 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 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Leveraged Equity |
| Category Index | S&P 500 TR USD |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Pacific Stock |
| Fund Owner Firm Name | Direxion Funds |
| Prospectus Benchmark Index | |
| MSCI Korea 25-50 NR USD | 300.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Paul Brigandi | 9.90 yrs |
| Tony Ng | 7.42 yrs |
Fund Details
| Key Dates | |
| Inception Date | 4/10/2013 |
| Last Annual Report Date | 10/31/2022 |
| Last Prospectus Date | 2/28/2023 |
| Attributes | |
| Index Fund |
|
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
SA Breaking News
12/22 13:23