KORU vs. OILU
KORU (Direxion Daily MSCI South Korea Bull 3X Shares) and OILU (MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN) are both exchange-traded funds - KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index, while OILU is a Leveraged Commodities fund managed by BMO. Over the past 3 years, KORU returned 65.37%/yr vs 2.53%/yr for OILU. At a 0.20 correlation, their price movements are largely independent. KORU charges 1.32%/yr vs 0.95%/yr for OILU.
Performance
KORU vs. OILU - Performance Comparison
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Returns By Period
In the year-to-date period, KORU achieves a 139.37% return, which is significantly higher than OILU's 84.54% return.
KORU
- 1D
- 18.03%
- 1M
- -60.16%
- 6M
- 64.51%
- YTD
- 139.37%
- 1Y
- 406.75%
- 3Y*
- 65.37%
- 5Y*
- 3.37%
- 10Y*
- 6.71%
- ALL TIME*
- 1.58%
OILU
- 1D
- 2.86%
- 1M
- 27.28%
- 6M
- 58.40%
- YTD
- 84.54%
- 1Y
- 100.47%
- 3Y*
- 2.53%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.00%
KORU vs. OILU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 139.37% | 432.73% | -62.18% | 28.61% | -70.16% | -3.07% |
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN | 84.54% | -16.50% | -21.65% | -32.50% | 151.08% | -16.79% |
Correlation
The correlation between KORU and OILU is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021 | 0.20 |
The correlation between KORU and OILU shifts across timeframes, from -0.01 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
KORU vs. OILU — Risk / Return Rank
KORU
OILU
KORU vs. OILU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSCI South Korea Bull 3X Shares (KORU) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). 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.
| KORU | OILU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 5.76 | 2.17 | +3.59 |
| Martin ratioReturn relative to average drawdown | 15.72 | 5.47 | +10.25 |
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Drawdowns
KORU vs. OILU - Drawdown Comparison
The maximum KORU drawdown since its inception was -95.79%, which is greater than OILU's maximum drawdown of -81.00%. Use the drawdown chart below to compare losses from any high point for KORU and OILU.
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Drawdown Indicators
| KORU | OILU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.79% | -81.00% | -14.79% |
Max Drawdown (1Y)Largest decline over 1 year | -71.13% | -46.49% | -24.64% |
Max Drawdown (3Y)Largest decline over 3 years | -73.34% | -69.09% | -4.25% |
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 | -65.64% | -50.37% | -15.27% |
Average DrawdownAverage peak-to-trough decline | -57.40% | -50.70% | -6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.04% | 18.45% | +7.59% |
Volatility
KORU vs. OILU - Volatility Comparison
Direxion Daily MSCI South Korea Bull 3X Shares (KORU) has a higher volatility of 70.29% compared to MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) at 17.88%. This indicates that KORU's price experiences larger fluctuations and is considered to be riskier than OILU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KORU | OILU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 70.29% | 17.88% | +52.41% |
Volatility (6M)Calculated over the trailing 6-month period | 148.29% | 51.06% | +97.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 152.54% | 63.84% | +88.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.31% | 80.86% | +13.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.57% | 80.86% | +3.71% |
KORU vs. OILU - Expense Ratio Comparison
KORU has a 1.32% expense ratio, which is higher than OILU's 0.95% expense ratio.
Dividends
KORU vs. OILU - Dividend Comparison
KORU's dividend yield for the trailing twelve months is around 0.36%, while OILU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 0.36% | 0.89% | 4.10% | 2.55% | 0.48% | 0.76% | 0.01% | 0.93% | 1.40% | 3.59% |
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KORU and OILU have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KORU has higher volatility (70.29%) compared to OILU (17.88%). In terms of maximum drawdown, KORU dropped -95.79% vs OILU's -81.00%.
On 3-year performance, KORU leads with 65.37% vs 2.53% for OILU. On fees, OILU is cheaper at 0.95% per year. On volatility, OILU has been the lower-risk option at 17.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, KORU has performed better with a 65.37% return vs 2.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OILU is cheaper with a 0.95% expense ratio, compared with 1.32% for KORU.
KORU has the higher dividend yield at 0.36%, compared with 0.00% for OILU.
KORU is categorized as South Korea Equities, while OILU is Leveraged Commodities. They also come from different issuers: Direxion and BMO. Their fees differ too: 1.32% for KORU and 0.95% for OILU.
KORU currently has the higher Sharpe Ratio (2.69 vs 1.59), 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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