KORU vs. TYD

Last updated Jun 10, 2026

KORU (Direxion Daily South Korea Bull 3X Shares) and TYD (Direxion Daily 7-10 Year Treasury Bull 3X) are both exchange-traded funds - KORU is a Leveraged Equities fund tracking the MSCI Korea 25-50 Index, while TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 10 years, KORU returned 12.97%/yr vs -5.21%/yr for TYD. At a correlation of -0.03, they often move in opposite directions. KORU charges 1.29%/yr vs 1.09%/yr for TYD.

Performance

KORU vs. TYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily South Korea Bull 3X Shares (KORU) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KORU achieves a 281.16% return, which is significantly higher than TYD's -7.06% return. Over the past 10 years, KORU has outperformed TYD with an annualized return of 12.97%, while TYD has yielded a comparatively lower -5.21% annualized return.

KORU

• 1D: -2.46%
• 1M: -26.55%
• YTD: 281.16%
• 6M: 322.84%
• 1Y: 963.10%
• 3Y*: 89.37%
• 5Y*: 11.43%
• 10Y*: 12.97%

TYD

• 1D: 0.77%
• 1M: -3.53%
• YTD: -7.06%
• 6M: -6.67%
• 1Y: 0.51%
• 3Y*: -4.88%
• 5Y*: -13.49%
• 10Y*: -5.21%

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

KORU vs. TYD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KORU Direxion Daily South Korea Bull 3X Shares	281.16%	432.73%	-62.18%	28.61%	-70.16%	-33.86%	48.78%	5.47%	-59.89%	167.08%
TYD Direxion Daily 7-10 Year Treasury Bull 3X	-7.06%	11.68%	-13.89%	-2.87%	-43.32%	-11.36%	27.62%	17.88%	0.76%	5.64%

Correlation

The correlation between KORU and TYD is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Apr 10, 2013	-0.03

The correlation between KORU and TYD shifts across timeframes, from -0.03 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

KORU vs. TYD - Sectors Allocation Comparison

Sectors	KORU	TYD
Technology	52.3%	-
Industrials	20.4%	-
Financial Services	9.5%	21.2%
Consumer Cyclical	5.8%	-
Healthcare	3.5%	-
Communication Services	2.9%	-
Basic Materials	2.0%	-
Consumer Defensive	1.8%	-
Energy	1.4%	-
Utilities	0.4%	-
Real Estate	-	-

Return for Risk

KORU vs. TYD — Risk / Return Rank

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

KORU

KORU Risk / Return Rank: 95
KORU Sharpe Ratio Rank: 99
KORU Sortino Ratio Rank: 90
KORU Omega Ratio Rank: 92
KORU Calmar Ratio Rank: 98
KORU Martin Ratio Rank: 98

TYD

TYD Risk / Return Rank: 10
TYD Sharpe Ratio Rank: 10
TYD Sortino Ratio Rank: 9
TYD Omega Ratio Rank: 9
TYD Calmar Ratio Rank: 10
TYD Martin Ratio Rank: 10

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. TYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily South Korea Bull 3X Shares (KORU) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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.

	KORU	TYD	Difference
Sharpe ratio: Return per unit of total volatility	7.33	0.04	+7.29
Sortino ratio: Return per unit of downside risk	3.79	0.15	+3.64
Omega ratio: Gain probability vs. loss probability	1.55	1.02	+0.54
Calmar ratio: Return relative to maximum drawdown	15.85	0.04	+15.81
Martin ratio: Return relative to average drawdown	48.49	0.10	+48.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KORU vs. TYD - Sharpe Ratio Comparison

The current KORU Sharpe Ratio is 7.33, which is higher than the TYD Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of KORU and TYD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KORU	TYD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.33	0.04	+7.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	-0.59	+0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	-0.26	+0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.05	+0.02

Drawdowns

KORU vs. TYD - Drawdown Comparison

The maximum KORU drawdown since its inception was -95.79%, which is greater than TYD's maximum drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for KORU and TYD.

Drawdown Indicators

	KORU	TYD	Difference
Max Drawdown Largest peak-to-trough decline	-95.79%	-64.28%	-31.51%
Max Drawdown (1Y) Largest decline over 1 year	-61.39%	-13.54%	-47.85%
Max Drawdown (3Y) Largest decline over 3 years	-73.71%	-24.62%	-49.09%
Max Drawdown (5Y) Largest decline over 5 years	-93.34%	-59.84%	-33.50%
Max Drawdown (10Y) Largest decline over 10 years	-95.79%	-64.28%	-31.51%
Current Drawdown Current decline from peak	-45.29%	-59.61%	+14.32%
Average Drawdown Average peak-to-trough decline	-57.49%	-21.98%	-35.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.03%	5.16%	+14.87%

Volatility

KORU vs. TYD - Volatility Comparison

Direxion Daily South Korea Bull 3X Shares (KORU) has a higher volatility of 79.47% compared to Direxion Daily 7-10 Year Treasury Bull 3X (TYD) at 4.20%. This indicates that KORU's price experiences larger fluctuations and is considered to be riskier than TYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KORU	TYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	79.47%	4.20%	+75.27%
Volatility (6M) Calculated over the trailing 6-month period	125.42%	9.65%	+115.77%
Volatility (1Y) Calculated over the trailing 1-year period	132.78%	13.80%	+118.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.62%	22.97%	+64.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.25%	20.36%	+60.89%

KORU vs. TYD - Expense Ratio Comparison

KORU has a 1.29% expense ratio, which is higher than TYD's 1.09% expense ratio.

Dividends

KORU vs. TYD - Dividend Comparison

KORU's dividend yield for the trailing twelve months is around 0.24%, less than TYD's 3.26% 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%
TYD Direxion Daily 7-10 Year Treasury Bull 3X	3.26%	2.97%	3.10%	2.71%	0.55%	0.00%	9.80%	0.92%	1.10%	0.01%	6.84%	1.65%

Frequently Asked Questions

Can I hold both KORU and TYD in my portfolio?

KORU and TYD have a correlation of 0.24, 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 TYD?

KORU has higher volatility (79.47%) compared to TYD (4.20%). In terms of maximum drawdown, KORU dropped -95.79% vs TYD's -64.28%.

Which ETF is better, KORU or TYD?

On 10-year performance, KORU leads with 12.97% vs -5.21% for TYD. On fees, TYD is cheaper at 1.09% per year. On volatility, TYD has been the lower-risk option at 4.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KORU or TYD?

Over the 10-year period, KORU has performed better with a 12.97% return vs -5.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KORU or TYD?

TYD is cheaper with a 1.09% expense ratio, compared with 1.29% for KORU.

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

TYD has the higher dividend yield at 3.26%, compared with 0.24% for KORU.

What is the main difference between KORU and TYD?

KORU is categorized as Leveraged Equities, while TYD is Leveraged Bonds. KORU tracks MSCI Korea 25-50 Index, while TYD tracks NYSE 7-10 Year Treasury Bond Index. Their fees differ too: 1.29% for KORU and 1.09% for TYD.

Which has better risk-adjusted returns?

KORU currently has the higher Sharpe Ratio (7.33 vs 0.04), 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.