KORU vs. SNXX

Last updated Jul 17, 2026

KORU (Direxion Daily MSCI South Korea Bull 3X Shares) and SNXX (Tradr 2X Long SNDK Daily ETF) are both exchange-traded funds - KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index, while SNXX is a Leveraged Equities fund actively managed by Tradr. KORU is passively managed, while SNXX is actively managed. A 0.66 correlation means they provide meaningful diversification when combined. KORU charges 1.32%/yr vs 1.49%/yr for SNXX.

Performance

KORU vs. SNXX - Performance Comparison

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

Returns By Period

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%

SNXX

• 1D: -24.97%
• 1M: -59.79%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KORU vs. SNXX - Yearly Performance Comparison

	2026 (YTD)
KORU Direxion Daily MSCI South Korea Bull 3X Shares	19.97%
SNXX Tradr 2X Long SNDK Daily ETF	341.13%

Correlation

The correlation between KORU and SNXX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026	0.66

Return for Risk

KORU vs. SNXX — Risk / Return Rank

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

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

SNXX

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

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. SNXX - 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 Tradr 2X Long SNDK Daily ETF (SNXX). 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	SNXX	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

KORU vs. SNXX - Drawdown Comparison

The maximum KORU drawdown since its inception was -95.79%, which is greater than SNXX's maximum drawdown of -68.71%. Use the drawdown chart below to compare losses from any high point for KORU and SNXX.

Drawdown Indicators

	KORU	SNXX	Difference
Max Drawdown Largest peak-to-trough decline	-95.79%	-68.71%	-27.08%
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	-70.51%	-68.71%	-1.80%
Average Drawdown Average peak-to-trough decline	-57.39%	-18.21%	-39.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.92%	—	—

Volatility

Volatility by Period

	KORU	SNXX	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	151.62%	222.07%	-70.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.03%	222.07%	-128.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	84.35%	222.07%	-137.72%

KORU vs. SNXX - Expense Ratio Comparison

KORU has a 1.32% expense ratio, which is lower than SNXX's 1.49% expense ratio.

Dividends

KORU vs. SNXX - Dividend Comparison

KORU's dividend yield for the trailing twelve months is around 0.42%, while SNXX 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	0.42%	0.89%	4.10%	2.55%	0.48%	0.76%	0.01%	0.93%	1.40%	3.59%
SNXX Tradr 2X Long SNDK Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KORU and SNXX in my portfolio?

KORU and SNXX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KORU or SNXX?

On fees, KORU is cheaper at 1.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KORU or SNXX?

KORU is cheaper with a 1.32% expense ratio, compared with 1.49% for SNXX.

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

KORU has the higher dividend yield at 0.42%, compared with 0.00% for SNXX.

What is the main difference between KORU and SNXX?

KORU is categorized as South Korea Equities, while SNXX is Leveraged Equities. They also come from different issuers: Direxion and Tradr. Their fees differ too: 1.32% for KORU and 1.49% for SNXX.