AXUP vs. KORU

Last updated Jun 24, 2026

AXUP (T-Rex 2X Long Axon Daily Target ETF) and KORU (Direxion Daily South Korea Bull 3X Shares) are both Leveraged Equities funds. AXUP is actively managed, while KORU is passively managed. At a 0.12 correlation, their price movements are largely independent. AXUP charges 1.50%/yr vs 1.29%/yr for KORU.

Performance

AXUP vs. KORU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Axon Daily Target ETF (AXUP) and Direxion Daily South Korea Bull 3X Shares (KORU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AXUP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KORU

• 1D: -35.70%
• 1M: -10.30%
• YTD: 285.56%
• 6M: 341.44%
• 1Y: 858.44%
• 3Y*: 100.70%
• 5Y*: 11.21%
• 10Y*: 14.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AXUP vs. KORU - Yearly Performance Comparison

	2026 (YTD)	2025
AXUP T-Rex 2X Long Axon Daily Target ETF	-34.20%	-49.67%
KORU Direxion Daily South Korea Bull 3X Shares	285.56%	78.10%

Correlation

The correlation between AXUP and KORU is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	0.12

Return for Risk

AXUP vs. KORU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AXUP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

KORU

KORU Risk / Return Rank: 93
KORU Sharpe Ratio Rank: 99
KORU Sortino Ratio Rank: 84
KORU Omega Ratio Rank: 88
KORU Calmar Ratio Rank: 98
KORU Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AXUP vs. KORU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Axon Daily Target ETF (AXUP) and Direxion Daily 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.

	AXUP	KORU	Difference
Sharpe ratio: Return per unit of total volatility	—	6.02	—
Sortino ratio: Return per unit of downside risk	—	3.56	—
Omega ratio: Gain probability vs. loss probability	—	1.53	—
Calmar ratio: Return relative to maximum drawdown	—	14.12	—
Martin ratio: Return relative to average drawdown	—	41.38	—

Drawdowns

Drawdown Indicators

	AXUP	KORU	Difference
Max Drawdown Largest peak-to-trough decline	—	-95.79%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-61.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-73.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-93.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-95.79%	—
Current Drawdown Current decline from peak	—	-44.66%	—
Average Drawdown Average peak-to-trough decline	—	-57.41%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	20.91%	—

Volatility

Volatility by Period

	AXUP	KORU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	92.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	138.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	144.16%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	91.40%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	83.03%	—

AXUP vs. KORU - Expense Ratio Comparison

AXUP has a 1.50% expense ratio, which is higher than KORU's 1.29% expense ratio.

Dividends

AXUP vs. KORU - Dividend Comparison

AXUP has not paid dividends to shareholders, while KORU's dividend yield for the trailing twelve months is around 0.24%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AXUP T-Rex 2X Long Axon Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KORU Direxion Daily South Korea Bull 3X Shares	0.24%	0.89%	4.10%	2.55%	0.48%	0.76%	0.01%	0.93%	1.40%	3.59%

Frequently Asked Questions

Can I hold both AXUP and KORU in my portfolio?

AXUP and KORU have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AXUP or KORU?

On fees, KORU is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AXUP or KORU?

KORU is cheaper with a 1.29% expense ratio, compared with 1.50% for AXUP.

Which ETF pays a higher dividend yield, AXUP or KORU?

KORU has the higher dividend yield at 0.24%, compared with 0.00% for AXUP.

What is the main difference between AXUP and KORU?

They also come from different issuers: Tuttle Capital Management and Direxion. Their fees differ too: 1.50% for AXUP and 1.29% for KORU.