KORU vs. QQQ
Compare and contrast key facts about Direxion Daily South Korea Bull 3X Shares (KORU) and Invesco QQQ (QQQ).
KORU and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KORU is a passively managed fund by Direxion that tracks the performance of the MSCI Korea 25-50 Index. It was launched on Apr 10, 2013. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both KORU and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KORU or QQQ.
Correlation
The correlation between KORU and QQQ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KORU vs. QQQ - Performance Comparison
Key characteristics
KORU:
-0.71
QQQ:
1.18
KORU:
-0.85
QQQ:
1.64
KORU:
0.90
QQQ:
1.22
KORU:
-0.50
QQQ:
1.59
KORU:
-1.41
QQQ:
5.50
KORU:
33.63%
QQQ:
3.93%
KORU:
67.16%
QQQ:
18.32%
KORU:
-94.83%
QQQ:
-82.98%
KORU:
-93.65%
QQQ:
-1.68%
Returns By Period
In the year-to-date period, KORU achieves a 22.78% return, which is significantly higher than QQQ's 3.34% return. Over the past 10 years, KORU has underperformed QQQ with an annualized return of -17.96%, while QQQ has yielded a comparatively higher 18.30% annualized return.
KORU
22.78%
7.24%
-39.86%
-45.00%
-28.94%
-17.96%
QQQ
3.34%
4.50%
14.51%
24.01%
18.46%
18.30%
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KORU vs. QQQ - Expense Ratio Comparison
KORU has a 1.29% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
KORU vs. QQQ — Risk-Adjusted Performance Rank
KORU
QQQ
KORU vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily South Korea Bull 3X Shares (KORU) and Invesco QQQ (QQQ). 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.
Dividends
KORU vs. QQQ - Dividend Comparison
KORU's dividend yield for the trailing twelve months is around 3.34%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KORU Direxion Daily South Korea Bull 3X Shares | 3.34% | 4.10% | 2.55% | 0.48% | 0.76% | 0.01% | 0.93% | 1.40% | 3.59% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
KORU vs. QQQ - Drawdown Comparison
The maximum KORU drawdown since its inception was -94.83%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for KORU and QQQ. For additional features, visit the drawdowns tool.
Volatility
KORU vs. QQQ - Volatility Comparison
Direxion Daily South Korea Bull 3X Shares (KORU) has a higher volatility of 17.87% compared to Invesco QQQ (QQQ) at 5.30%. This indicates that KORU's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.