Direxion Daily MSCI South Korea Bull 3X ETF(KORU · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $73.95 – $1279.70
- YTD
- +157.99%
- IV Rank (30D)
- 38.29
- Straddle Price
- $288.65
- P/C Vol Ratio
- 1.13
Direxion Daily MSCI South Korea Bull 3X ETF (KORU) ETF
- Exchange
- ARCX
- Inception
- 2013-04-10
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-03-24 | 2026-03-31 | $0.1140 | CD |
| 2025-12-23 | 2025-12-31 | $1.4751 | CD |
| 2025-06-24 | 2025-07-01 | $0.0914 | CD |
| 2025-03-25 | 2025-04-01 | $0.0528 | CD |
| 2024-12-23 | 2024-12-31 | $0.0754 | CD |
| 2024-09-24 | 2024-10-01 | $0.0154 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| EWY | ISHARES MSCI SOUTH KOREA ETF | 60.96% | Equity (US) | — |
| — | ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | 52.86% | Derivative | — |
| — | ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | 49.68% | Derivative | — |
| — | ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | 44.74% | Derivative | — |
| — | ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | 32.16% | Derivative | — |
| — | ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | 27.02% | Derivative | — |
| — | DREYFUS GOVT CASH MAN INS | 26.26% | Derivative | — |
| — | ISHARES MSCI SOUTH KOREA CAPPED ETF SWAP | 21.49% | Derivative | — |
| — | GOLDMAN FINL SQ TRSRY INST 506 | 21.09% | Derivative | — |
| — | Korea Bull 3x | 11.10% | Derivative | — |
| — | GOLDMAN SACHS FIN GOV 465 INSTITUT | 2.74% | Derivative | — |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 53.17% | $246.7M | 3 |
| Derivative (equity) | 26.53% | $123.1M | 4 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +7.56% | 13 |
| Feb | +4.33% | 13 |
| Mar | -3.88% | 13 |
| Apr | +9.96% | 14 |
| May | +7.83% | 14 |
| Jun | -1.91% | 14 |
| Jul | +0.99% | 14 |
| Aug | -5.72% | 13 |
| Sep | -0.96% | 13 |
| Oct | +4.43% | 13 |
| Nov | +3.93% | 13 |
| Dec | +4.02% | 13 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
Executive Summary
BULLISH (Confidence Level: 7/10)
Key Drivers:
- Technical momentum signals are bullish, with MACD indicating a potential buy signal.
- Recent news sentiment is neutral, not impacting the analysis significantly.
Primary Risks:
- High volatility and beta indicate potential for significant price movements.
Investment Thesis:
KORU has strong technical momentum, driven by its recent outperformance. While there are some concerns about high volatility, the options market suggests a relatively stable price range in the near term. The lack of earnings data means we cannot assess the company's financial performance, but overall, I remain bullish on KORU.
Recent News Sentiment Impact:
The neutral sentiment from recent news headlines does not significantly impact my analysis, as the focus is on technical and options market signals.
Technical Analysis
Trend Direction:
- Short-term: Bullish (1-4 weeks)
- Medium-term: Bullish (1-3 months)
- Long-term: Neutral (3-12 months)
Support/Resistance Levels:
- SMA 20: $835.41
- SMA 50: $803.77
- Upper Bollinger Band: $1174.22
Momentum Signals:
- RSI: 42.04 (neutral), indicating no strong buy or sell signals.
- MACD signal is bullish, with a potential buy signal above the signal line.
- Bollinger Bands are neutral, not indicating any significant overbought or oversold conditions.
Volume Analysis:
- Volume SMA 20: 1218405.94
- On-Balance Volume (OBV): -5156192.06 indicates a sell signal, but this is likely due to the recent price increase and high volatility.
- Volume Rate of Change: 117.47% suggests increasing volume activity.
News & Sentiment Analysis
Recent Headlines Summary:
The recent news headlines are neutral, focusing on industry trends and ETF performance, which do not significantly impact my analysis.
Sentiment Assessment:
Neutral sentiment from the recent news headlines does not strongly contradict or support the technical signals.
Catalyst Identification:
No specific catalysts identified due to lack of earnings data.
Market Narrative:
The market narrative is driven by the company's strong technical momentum and options market signals, which indicate a relatively stable price range in the near term.
Risk & Volatility Assessment
Risk Interpretation:
Beta: 7.63 (high risk relative to market)
Volatility Regime:
Current vs historical volatility levels are high, indicating significant price movements.
Options Market Signals:
IV rank: 34.7% (medium) suggests volatility is historically medium. Put/call ratios and unusual activity do not indicate any strong buy or sell signals.
Downside Protection:
Support levels from the Bollinger Bands and SMA 20 provide some downside protection.
Market Context & Positioning
Sector Performance:
Relative strength vs sector/market: Bullish
Institutional Activity:
Volume patterns suggest institutional interest in the stock, with increasing volume activity.
Correlation Analysis:
The stock moves relatively strongly (R-squared interpretation) compared to the market.
Relative Valuation:
Position within trading range: Bullish, as the stock is trading above its moving averages and within a relatively stable price range.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $835.41
- Upper Bollinger Band: $1174.22
Breakout/Breakdown Levels:
- SMA 50: $803.77 (breakout above)
Time-Sensitive Catalysts:
No specific catalysts identified due to lack of earnings data.
Risk Management:
Stop-loss levels and position sizing considerations should be based on the stock's high volatility and beta.
I hope this analysis meets your requirements!
- IV Rank (30D)
- 38.29
- IV Rank (7D)
- 35.46
- Avg IV
- 232.0%
- Straddle (30D)
- $288.65
- Straddle (7D)
- $154.65
- P/C Volume
- 1.13
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 7.66
- Correlation (SPY)
- 65.4%
- R²
- 0.43
- Ann. Volatility
- 147.2%
- SPY Volatility
- 12.6%
High volatility - stock moves more than market
Click any bar to view the full quote for that stock.
| Symbol | Price | 1 Day | 1 Week | 1 Month |
|---|