19-Dec-2025
No press releases found.
South Korea eases forex rules as won continues to weaken
Seeking Alpha News (Thu, 18-Dec 7:23 AM ET)
The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25-50 Index. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange traded funds. The Index is designed by MSCI, Inc. (the "Index Provider") 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. The Index utilizes a capping methodology applied to issuer weights such that no more than 25% of the Index's value may be invested in a single issuer and the sum of the weights of all issuers representing more than 5% of the Index will not exceed 50% of its value. The Fund will attempt to achieve its investment objective without regard to overall market movement or the increase or decrease of the value of the securities in the Index.
Direxion Daily MSCI South Korea Bull 3X trades on the ARCA stock market under the symbol KORU.
As of December 19, 2025, KORU stock price climbed to $152.81 with 49,515 million shares trading.
KORU has a beta of 2.67, meaning it tends to be more sensitive to market movements. KORU has a correlation of 0.41 to the broad based SPY ETF.
KORU has a market cap of $195.59 million. This is considered a Micro Cap stock.
In the last 3 years, KORU traded as high as $201.92 and as low as $27.16.
KORU has outperformed the market in the last year with a return of +295.1%, while the SPY ETF gained +18.1%. In the last 3 month period, KORU beat the market returning +44.3%, while SPY returned +2.8%. However, in the most recent 2 weeks KORU has underperformed the stock market by returning -3.9%, while SPY returned -0.5%.
KORU support price is $138.30 and resistance is $155.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KORU shares will trade within this expected range on the day.
