BAIG vs. KORU

Last updated Jul 17, 2026

BAIG (Leverage Shares 2X Long BBAI Daily ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - BAIG is a Leveraged Equities fund actively managed by Leverage Shares, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. BAIG is actively managed, while KORU is passively managed. At a 0.40 correlation, their price movements are largely independent. BAIG charges 0.78%/yr vs 1.32%/yr for KORU.

Performance

BAIG vs. KORU - Performance Comparison

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

Returns By Period

In the year-to-date period, BAIG achieves a -81.60% return, which is significantly lower than KORU's 105.44% return.

BAIG

• 1D: -13.99%
• 1M: -47.96%
• 6M: -85.46%
• YTD: -81.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KORU

• 1D: -14.72%
• 1M: -59.41%
• 6M: 40.56%
• YTD: 105.44%
• 1Y: 347.48%
• 3Y*: 53.48%
• 5Y*: -0.18%
• 10Y*: 4.90%

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

BAIG vs. KORU - Yearly Performance Comparison

	2026 (YTD)	2025
BAIG Leverage Shares 2X Long BBAI Daily ETF	-81.60%	-37.11%
KORU Direxion Daily MSCI South Korea Bull 3X Shares	105.44%	138.96%

Correlation

The correlation between BAIG and KORU is 0.40, 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 Aug 21, 2025	0.40

Return for Risk

BAIG vs. KORU — Risk / Return Rank

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

BAIG

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

KORU

KORU Risk / Return Rank: 84
KORU Sharpe Ratio Rank: 88
KORU Sortino Ratio Rank: 73
KORU Omega Ratio Rank: 80
KORU Calmar Ratio Rank: 93
KORU Martin Ratio Rank: 86

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.

BAIG vs. KORU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BBAI Daily ETF (BAIG) 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.

	BAIG	KORU	Difference
Sharpe ratio: Return per unit of total volatility	—	2.31	—
Sortino ratio: Return per unit of downside risk	—	2.63	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	4.97	—
Martin ratio: Return relative to average drawdown	—	14.03	—

Drawdowns

BAIG vs. KORU - Drawdown Comparison

The maximum BAIG drawdown since its inception was -94.85%, roughly equal to the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for BAIG and KORU.

Drawdown Indicators

	BAIG	KORU	Difference
Max Drawdown Largest peak-to-trough decline	-94.85%	-95.79%	+0.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-70.51%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-73.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-95.79%	—
Current Drawdown Current decline from peak	-94.85%	-70.51%	-24.34%
Average Drawdown Average peak-to-trough decline	-66.33%	-57.39%	-8.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.92%	—

Volatility

Volatility by Period

	BAIG	KORU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	70.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	147.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	173.92%	151.62%	+22.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	173.92%	94.03%	+79.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	173.92%	84.35%	+89.57%

BAIG vs. KORU - Expense Ratio Comparison

BAIG has a 0.78% expense ratio, which is lower than KORU's 1.32% expense ratio.

Dividends

BAIG vs. KORU - Dividend Comparison

BAIG's dividend yield for the trailing twelve months is around 29.69%, more than KORU's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BAIG Leverage Shares 2X Long BBAI Daily ETF	29.69%	5.46%	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	0.42%	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 BAIG and KORU in my portfolio?

BAIG and KORU have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BAIG or KORU?

On fees, BAIG is cheaper at 0.78% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BAIG or KORU?

BAIG is cheaper with a 0.78% expense ratio, compared with 1.32% for KORU.

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

BAIG has the higher dividend yield at 29.69%, compared with 0.42% for KORU.

What is the main difference between BAIG and KORU?

BAIG is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.78% for BAIG and 1.32% for KORU.