KORU : Direxion Daily South Korea Bull 3X Shares

KORU is a Alternative Market Leveraged Equities with HIGH fees.

KORU

Direxion Daily South Korea Bull 3X Shares

FI Score

28 /100

Expense Ratio Rating

5 /10

Expense Rating

0 /10

Market Score

5 /10

Category Score

0 /10

Market Size

5 /10

28% FI Score
  • koru
  • ETF
  • Alternative
  • Leveraged Equities

Direxion Daily South Korea Bull 3X Shares

Expenses: 1.29% (Better than 0% of similar funds)

This is a bad choice for a Leveraged Equities Alternative fund. See why ยป

Fund Summary

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 (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or 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.

Largest Holdings

Amount Holding
42.86% iShares MSCI South Korea Capped ETF
2.83% Msci S Korea Index Swap

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