Direxion Daily South Korea Bull 3X Shares | KORU

Direxion Daily South Korea Bull 3X Shares Profile

  • Sector: Miscellaneous
  • Industry: Investment Trusts/Mutual Funds
  • Employees: N/A

KORU is an aggressive, one-day bet on South Korean equities. The fund seeks to provide 3x the performance of the MSCI Korea 25/50 Index. Samsung Electronics makes up a big chunk of the index, so any large swings in the electronics giants stock will likely be amplified in KORUs returns. The fund rebalances its leverage on a daily basis, so KORU is strictly meant to be a short-term trading vehicleif held for longer periods, the compounding effects of the daily rebalance could lead to significant differences from the expected returns path.

Direxion Daily South Korea Bull 3X Shares in the news

Services We Offer

Need a custom stock scraper? Want to do some machine learning? We are here to help! Reach out to us!

Machine Learning

Custom Scraper

Automation

Consulting