CWVX vs. KORU
CWVX (Tradr 2X Long CRWV Daily ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - CWVX is a Leveraged Equities fund actively managed by Tradr, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. CWVX is actively managed, while KORU is passively managed. Over the past year, CWVX returned -83.03% vs 302.72% for KORU. Their 0.47 correlation means their historical movements had little consistent relationship. CWVX charges 1.30%/yr vs 1.32%/yr for KORU.
Performance
CWVX vs. KORU - Performance Comparison
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Returns By Period
In the year-to-date period, CWVX achieves a -45.27% return, which is significantly lower than KORU's 65.13% return.
CWVX
- 1D
- -5.82%
- 1M
- -30.81%
- 6M
- -65.40%
- YTD
- -45.27%
- 1Y
- -83.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -88.55%
KORU
- 1D
- -7.92%
- 1M
- -44.63%
- 6M
- -13.80%
- YTD
- 65.13%
- 1Y
- 302.72%
- 3Y*
- 42.96%
- 5Y*
- -3.04%
- 10Y*
- 2.30%
- ALL TIME*
- -1.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.79M | $16.48M | $36.04M | |
| $685.69M | $790.89M | $775.54M |
CWVX vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CWVX Tradr 2X Long CRWV Daily ETF | -45.27% | -81.40% |
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 65.13% | 116.73% |
Correlation
The correlation between CWVX and KORU is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025 | 0.47 |
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Return for Risk
CWVX vs. KORU — Risk / Return Rank
CWVX
KORU
CWVX vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CRWV Daily ETF (CWVX) 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.
| CWVX | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.34 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 3.32 | -4.24 |
| Martin ratioReturn relative to average drawdown | -1.19 | 9.21 | -10.40 |
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Drawdowns
CWVX vs. KORU - Drawdown Comparison
The maximum CWVX drawdown since its inception was -93.85%, roughly equal to the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for CWVX and KORU.
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Drawdown Indicators
| CWVX | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.85% | -95.79% | +1.94% |
Max Drawdown (1Y)Largest decline over 1 year | -93.85% | -80.90% | -12.95% |
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 | -91.74% | -76.30% | -15.44% |
Average DrawdownAverage peak-to-trough decline | -67.33% | -57.44% | -9.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 72.12% | 29.12% | +43.00% |
Volatility
CWVX vs. KORU - Volatility Comparison
Tradr 2X Long CRWV Daily ETF (CWVX) and Direxion Daily MSCI South Korea Bull 3X Shares (KORU) have volatilities of 62.07% and 64.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CWVX | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 62.07% | 64.87% | -2.80% |
Volatility (6M)Calculated over the trailing 6-month period | 138.54% | 154.02% | -15.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 194.23% | 159.66% | +34.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 192.08% | 96.56% | +95.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 192.08% | 85.82% | +106.26% |
CWVX vs. KORU - Expense Ratio Comparison
CWVX has a 1.30% expense ratio, which is lower than KORU's 1.32% expense ratio.
Dividends
CWVX vs. KORU - Dividend Comparison
CWVX's dividend yield for the trailing twelve months is around 3.83%, more than KORU's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CWVX Tradr 2X Long CRWV Daily ETF | 3.83% | 2.10% | 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 | 0.53% | 0.89% | 4.10% | 2.55% | 0.48% | 0.76% | 0.01% | 0.93% | 1.40% | 3.59% |
Frequently Asked Questions
CWVX and KORU have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KORU has higher volatility (64.87%) compared to CWVX (62.07%). In terms of maximum drawdown, CWVX dropped -93.85% vs KORU's -95.79%.
On 1-year performance, KORU leads with 302.72% vs -83.03% for CWVX. On fees, CWVX is cheaper at 1.30% per year. On volatility, CWVX has been the lower-risk option at 62.07%. 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 302.72% return vs -83.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CWVX is cheaper with a 1.30% expense ratio, compared with 1.32% for KORU.
CWVX has the higher dividend yield at 3.83%, compared with 0.53% for KORU.
CWVX is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for CWVX and 1.32% for KORU.
KORU currently has the higher Sharpe Ratio (1.68 vs -0.45), 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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