KORU vs. QQQ

Last updated Jun 24, 2026

KORU (Direxion Daily South Korea Bull 3X Shares) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - KORU is a Leveraged Equities fund tracking the MSCI Korea 25-50 Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, KORU returned 14.49%/yr vs 22.07%/yr for QQQ. A 0.57 correlation means they provide meaningful diversification when combined. KORU charges 1.29%/yr vs 0.18%/yr for QQQ.

Performance

KORU vs. QQQ - Performance Comparison

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

Returns By Period

In the year-to-date period, KORU achieves a 285.56% return, which is significantly higher than QQQ's 16.45% return. Over the past 10 years, KORU has underperformed QQQ with an annualized return of 14.49%, while QQQ has yielded a comparatively higher 22.07% annualized return.

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%

QQQ

• 1D: -3.29%
• 1M: -0.43%
• YTD: 16.45%
• 6M: 14.99%
• 1Y: 34.88%
• 3Y*: 26.05%
• 5Y*: 16.01%
• 10Y*: 22.07%

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

KORU vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KORU Direxion Daily South Korea Bull 3X Shares	285.56%	432.73%	-62.18%	28.61%	-70.16%	-33.86%	48.78%	5.47%	-59.89%	167.08%
QQQ Invesco QQQ ETF	16.45%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between KORU and QQQ is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Apr 10, 2013	0.57

The correlation between KORU and QQQ shifts across timeframes, from 0.57 (all time) to 0.70 (1 year), reflecting how their relationship changes across market environments.

KORU vs. QQQ - Sectors Allocation Comparison

Sectors	KORU	QQQ
Technology	63.4%	58.7%
Industrials	15.2%	2.6%
Financial Services	7.4%	0.2%
Consumer Cyclical	5.5%	11.4%
Healthcare	2.5%	3.7%
Communication Services	2.1%	14.3%
Basic Materials	1.4%	1.0%
Consumer Defensive	1.3%	6.4%
Energy	0.9%	0.5%
Utilities	0.3%	1.2%
Real Estate	-	0.1%

Return for Risk

KORU vs. QQQ — Risk / Return Rank

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

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

QQQ

QQQ Risk / Return Rank: 59
QQQ Sharpe Ratio Rank: 61
QQQ Sortino Ratio Rank: 55
QQQ Omega Ratio Rank: 58
QQQ Calmar Ratio Rank: 61
QQQ Martin Ratio Rank: 62

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.

KORU vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily South Korea Bull 3X Shares (KORU) and Invesco QQQ ETF (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.

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	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	6.02	1.95	+4.06
Sortino ratio: Return per unit of downside risk	3.56	2.57	+0.99
Omega ratio: Gain probability vs. loss probability	1.53	1.35	+0.18
Calmar ratio: Return relative to maximum drawdown	14.12	2.93	+11.20
Martin ratio: Return relative to average drawdown	41.38	10.86	+30.52

KORU vs. QQQ - Sharpe Ratio Comparison

The current KORU Sharpe Ratio is 6.02, which is higher than the QQQ Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of KORU and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KORU vs. QQQ - Drawdown Comparison

The maximum KORU drawdown since its inception was -95.79%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for KORU and QQQ.

Drawdown Indicators

	KORU	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-95.79%	-82.97%	-12.82%
Max Drawdown (1Y) Largest decline over 1 year	-61.39%	-11.96%	-49.43%
Max Drawdown (3Y) Largest decline over 3 years	-73.34%	-22.77%	-50.57%
Max Drawdown (5Y) Largest decline over 5 years	-93.34%	-35.12%	-58.22%
Max Drawdown (10Y) Largest decline over 10 years	-95.79%	-35.12%	-60.67%
Current Drawdown Current decline from peak	-44.66%	-4.25%	-40.41%
Average Drawdown Average peak-to-trough decline	-57.41%	-32.73%	-24.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.91%	3.22%	+17.69%

Volatility

KORU vs. QQQ - Volatility Comparison

Direxion Daily South Korea Bull 3X Shares (KORU) has a higher volatility of 92.27% compared to Invesco QQQ ETF (QQQ) at 9.17%. 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.

Volatility by Period

	KORU	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	92.27%	9.17%	+83.10%
Volatility (6M) Calculated over the trailing 6-month period	138.63%	14.57%	+124.06%
Volatility (1Y) Calculated over the trailing 1-year period	144.16%	17.96%	+126.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.40%	22.69%	+68.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.03%	22.42%	+60.61%

KORU vs. QQQ - Expense Ratio Comparison

KORU has a 1.29% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

KORU vs. QQQ - Dividend Comparison

KORU's dividend yield for the trailing twelve months is around 0.24%, less than QQQ's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.43%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both KORU and QQQ in my portfolio?

KORU and QQQ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KORU or QQQ?

KORU has higher volatility (92.27%) compared to QQQ (9.17%). In terms of maximum drawdown, KORU dropped -95.79% vs QQQ's -82.97%.

Which ETF is better, KORU or QQQ?

On 10-year performance, QQQ leads with 22.07% vs 14.49% for KORU. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 9.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KORU or QQQ?

Over the 10-year period, QQQ has performed better with a 22.07% return vs 14.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KORU or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 1.29% for KORU.

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

QQQ has the higher dividend yield at 0.43%, compared with 0.24% for KORU.

What is the main difference between KORU and QQQ?

KORU is categorized as Leveraged Equities, while QQQ is Nasdaq-100. KORU tracks MSCI Korea 25-50 Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Direxion and Invesco. Their fees differ too: 1.29% for KORU and 0.18% for QQQ.

Which has better risk-adjusted returns?

KORU currently has the higher Sharpe Ratio (6.02 vs 1.95), 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.