KORU:ARCA-Direxion Daily South Korea Bull 3X Shares (USD)

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 3.86

Change

+0.01 (+0.26)%

Market Cap

USD 4.56M

Volume

2.49M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25/50 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI Korea 25/50 Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure the performance of the large- and mid- cap segments of the South Korea equity market, covering approximately 85% of the free float-adjusted market capitalization in South Korea. It is non-diversified.

Inception Date: 10/04/2013

Primary Benchmark: MSCI Korea 25-50 NR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 1.76%

Management Expense Ratio: 1.03 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
EWY iShares MSCI South Korea ETF 70.05 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

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ETFs Containing KORU

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Leveraged Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -58.85% 4% F 2% F
Dividend Return 0.69% 22% F 8% B-
Total Return -58.16% 3% F 2% F
Trailing 12 Months  
Capital Gain -56.09% 6% D- 3% F
Dividend Return 0.74% 24% F 8% B-
Total Return -55.35% 4% F 3% F
Trailing 5 Years  
Capital Gain -84.31% 12% F 3% F
Dividend Return 2.17% 37% F 6% D-
Total Return -82.13% 13% F 3% F
Average Annual (5 Year Horizon)  
Capital Gain 18.36% 40% F 79% B-
Dividend Return 19.28% 39% F 78% C+
Total Return 0.93% 67% D+ 23% F
Risk Return Profile  
Volatility (Standard Deviation) 122.00% 31% F 7% C-
Risk Adjusted Return 15.81% 28% F 31% F
Market Capitalization 4.56M 50% F 27% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.