Direxion Daily South Korea Bull 3X Shares (KORU)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
12.01 USD
-0.92
(-7.115%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 4:23 a.m. EDT
This instrument is a classic leveraged volatility trap. While the headline news regarding SK Hynix and HBM4 creates a compelling narrative for a surge, the underlying mechanics of a 3x leveraged ETF working against a volatile market are destroying value. The price history confirms this: despite a recent year-over-year gain, the asset has lost over 65% of its value since inception due to compounding decay during periods of choppy or declining markets. The options chain reveals a market that is terrified of a drop (heavy put volume) but unwilling to pay for protection on the leveraged shares, leaving retail investors exposed to rapid drawdowns. The recent price action shows the asset struggling to break above its 50-day moving average, suggesting the 'surge' is fragile. For a long-term holder, the structural drag of leverage makes this a poor vehicle compared to holding the underlying semiconductor stocks directly. It is currently a neutral hold; the catalysts are real, but the vehicle is broken. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.094692 |
| AutoETS | 0.101251 |
| AutoTheta | 0.121691 |
| MSTL | 0.153132 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 18% |
| H-stat | 13.07 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 3.38 |
| Attribute | Value |
|---|---|
| Trailing P/E | 6.29 |
As of Oct. 10, 2026, 4:23 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. Put volume and open interest significantly exceed call volume across nearly all expirations, creating a heavy 'floor' around current prices. However, there is a distinct lack of protective put buying relative to the underlying asset's 3x leverage; the implied volatility skew suggests traders expect a crash but are not hedging the leveraged exposure effectively. Call open interest is concentrated at strikes far out-of-the-money (30-70 range), indicating speculative bets on a massive rally driven by SK Hynix/HBM4 narratives, while ATM call liquidity remains thin.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.03% | 0.96% | 1.88% | 1.58% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.00570 | 0.033965 |
| 2025-12-23 | 0.07375 | 0.929895 |
| 2025-06-24 | 0.00455 | 0.108140 |
| 2025-03-25 | 0.00265 | 0.117075 |
| 2024-12-23 | 0.03750 | 1.943005 |
| 2024-09-24 | 0.00750 | 0.203528 |
| 2024-06-25 | 0.01200 | 0.298879 |
| 2024-03-19 | 0.01300 | 0.298507 |
| 2023-12-21 | 0.07550 | 1.708145 |
| 2023-09-19 | 0.00750 | 0.179211 |
| 2023-06-21 | 0.01550 | 0.317298 |
| 2023-03-21 | 0.02150 | 0.539523 |
| 2022-12-20 | 0.01800 | 0.453401 |
| 2021-12-21 | 0.09550 | 0.753155 |
| 2020-12-22 | 0.00150 | 0.009947 |
| 2019-12-23 | 0.09500 | 0.752773 |
| 2019-09-24 | 0.01200 | 0.122511 |
| 2019-06-25 | 0.01350 | 0.117647 |
| 2018-12-27 | 0.06900 | 0.561889 |
| 2018-03-20 | 0.10350 | 0.341246 |
| 2017-12-19 | 0.19700 | 0.681307 |
| 2017-12-13 | 0.92000 | 3.107583 |
| 2013-12-12 | 0.56750 | 2.336833 |
| Attribute | Value |
|---|---|
| All Time High | 63.985 |
| All Time Low | 1.358 |
| Ask | 0.0 |
| Ask Size | 31,440 |
| Average Daily Volume10 Day | 30,383,850 |
| Average Daily Volume3 Month | 28,141,645 |
| Average Volume | 28,141,645 |
| Average Volume10Days | 30,383,850 |
| Beta3 Year | 6.37 |
| Bid | 0.0 |
| Bid Size | 8,440 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.06 |
| Day Low | 10.45 |
| Display Name | Dly South Korea Bull 3X Shares |
| Dividend Yield | 0.4 |
| Eps Trailing Twelve Months | 1.9086182 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.9494 |
| Fifty Day Average Change | -7.9393997 |
| Fifty Day Average Change Percent | -0.39797688 |
| Fifty Two Week Change Percent | 72.644295 |
| Fifty Two Week High | 63.985 |
| Fifty Two Week High Change | -51.975 |
| Fifty Two Week High Change Percent | -0.8122997 |
| Fifty Two Week Low | 6.284 |
| Fifty Two Week Low Change | 5.7260003 |
| Fifty Two Week Low Change Percent | 0.9112031 |
| Fifty Two Week Range | 6.284 - 63.985 |
| First Trade Date Milliseconds | 1,365,600,600,000 |
| Five Year Average Return | 0.0128775 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.27980042 |
| Fullday Change Percent | -2.33167 |
| Fullday Price | 11.7202 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,365,552,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. 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. |
| Long Name | Direxion Daily South Korea Bull 3X Shares |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_206817206 |
| Nav Price | 12.903 |
| Net Assets | 1,328,676,860.0 |
| Net Expense Ratio | 1.32 |
| Open | 10.585 |
| Phone | 866-476-7523 |
| Pre Market Change | -0.27980042 |
| Pre Market Change Percent | -2.33167 |
| Pre Market Price | 11.7202 |
| Pre Market Time | 1,792,156,019 |
| Previous Close | 12.93 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.92 |
| Regular Market Change Percent | -7.11524 |
| Regular Market Day High | 12.06 |
| Regular Market Day Low | 10.45 |
| Regular Market Day Range | 10.45 - 12.06 |
| Regular Market Open | 10.585 |
| Regular Market Previous Close | 12.93 |
| Regular Market Price | 12.01 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 73,820,918 |
| Short Name | Direxion Daily South Korea Bull |
| Source Interval | 15 |
| Symbol | KORU |
| Three Year Average Return | 0.5896246 |
| Total Assets | 1,328,676,864 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 6.2925105 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -48.78257 |
| Trailing Three Month Returns | -48.78257 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.4327 |
| Two Hundred Day Average Change | -12.422699 |
| Two Hundred Day Average Change Percent | -0.5084456 |
| Type Disp | ETF |
| Volume | 73,820,918 |
| Yield | 0.004 |
| Ytd Return | 120.5113 |