AVGU vs. KORU
AVGU (GraniteShares 2x Long AVGO Daily ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - AVGU is a Leveraged Equities fund actively managed by GraniteShares, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. AVGU is actively managed, while KORU is passively managed. Over the past year, AVGU returned 34.11% vs 326.36% for KORU. Their 0.51 correlation means they have sometimes moved together and sometimes differently. AVGU charges 1.50%/yr vs 1.32%/yr for KORU.
Performance
AVGU vs. KORU - Performance Comparison
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Returns By Period
In the year-to-date period, AVGU achieves a 6.01% return, which is significantly lower than KORU's 74.82% return.
AVGU
- 1D
- 1.04%
- 1M
- 15.33%
- 6M
- 17.74%
- YTD
- 6.01%
- 1Y
- 34.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 39.51%
KORU
- 1D
- 5.87%
- 1M
- -41.38%
- 6M
- -5.76%
- YTD
- 74.82%
- 1Y
- 326.36%
- 3Y*
- 52.12%
- 5Y*
- -3.49%
- 10Y*
- 2.54%
- ALL TIME*
- -0.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.09M | $2.95M | $5.92M | |
| $701.92M | $755.38M | $782.78M |
AVGU vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVGU GraniteShares 2x Long AVGO Daily ETF | 6.01% | 33.87% |
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 74.82% | 116.58% |
Correlation
The correlation between AVGU and KORU is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.51 |
The correlation between AVGU and KORU has been stable across timeframes, ranging from 0.51 to 0.51 - a consistent structural relationship.
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Return for Risk
AVGU vs. KORU — Risk / Return Rank
AVGU
KORU
AVGU vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AVGO Daily ETF (AVGU) and Direxion Daily MSCI South Korea Bull 3X Shares (KORU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVGU | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.36 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 4.06 | -3.42 |
| Martin ratioReturn relative to average drawdown | 1.19 | 11.13 | -9.93 |
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Drawdowns
AVGU vs. KORU - Drawdown Comparison
The maximum AVGU drawdown since its inception was -53.30%, smaller than the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for AVGU and KORU.
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Drawdown Indicators
| AVGU | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.30% | -95.79% | +42.49% |
Max Drawdown (1Y)Largest decline over 1 year | -53.30% | -80.90% | +27.60% |
Max Drawdown (3Y)Largest decline over 3 years | — | -80.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -92.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -95.79% | — |
Current DrawdownCurrent decline from peak | -39.17% | -74.91% | +35.74% |
Average DrawdownAverage peak-to-trough decline | -22.90% | -57.45% | +34.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.67% | 29.49% | -0.82% |
Volatility
AVGU vs. KORU - Volatility Comparison
The current volatility for GraniteShares 2x Long AVGO Daily ETF (AVGU) is 24.87%, while Direxion Daily MSCI South Korea Bull 3X Shares (KORU) has a volatility of 65.03%. This indicates that AVGU experiences smaller price fluctuations and is considered to be less risky than KORU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVGU | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.87% | 65.03% | -40.16% |
Volatility (6M)Calculated over the trailing 6-month period | 70.09% | 154.04% | -83.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.06% | 159.66% | -64.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.37% | 96.62% | -3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 93.37% | 85.86% | +7.51% |
AVGU vs. KORU - Expense Ratio Comparison
AVGU has a 1.50% expense ratio, which is higher than KORU's 1.32% expense ratio.
Dividends
AVGU vs. KORU - Dividend Comparison
AVGU has not paid dividends to shareholders, while KORU's dividend yield for the trailing twelve months is around 0.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AVGU GraniteShares 2x Long AVGO Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 0.50% | 0.89% | 4.10% | 2.55% | 0.48% | 0.76% | 0.01% | 0.93% | 1.40% | 3.59% |
Frequently Asked Questions
AVGU and KORU have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KORU has higher volatility (65.03%) compared to AVGU (24.87%). In terms of maximum drawdown, AVGU dropped -53.30% vs KORU's -95.79%.
On 1-year performance, KORU leads with 326.36% vs 34.11% for AVGU. On fees, KORU is cheaper at 1.32% per year. On volatility, AVGU has been the lower-risk option at 24.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, KORU has performed better with a 326.36% return vs 34.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KORU is cheaper with a 1.32% expense ratio, compared with 1.50% for AVGU.
KORU has the higher dividend yield at 0.50%, compared with 0.00% for AVGU.
AVGU is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: GraniteShares and Direxion. Their fees differ too: 1.50% for AVGU and 1.32% for KORU.
KORU currently has the higher Sharpe Ratio (2.06 vs 0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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