NBIL vs. KORU
NBIL (GraniteShares 2X Long NBIS Daily ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - NBIL is a Leveraged Equities fund actively managed by GraniteShares, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. NBIL is actively managed, while KORU is passively managed. Their 0.40 correlation means their historical movements had little consistent relationship. NBIL charges 1.50%/yr vs 1.32%/yr for KORU.
Performance
NBIL vs. KORU - Performance Comparison
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Returns By Period
In the year-to-date period, NBIL achieves a 133.11% return, which is significantly higher than KORU's 65.13% return.
NBIL
- 1D
- 2.88%
- 1M
- -36.49%
- 6M
- 140.41%
- YTD
- 133.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
KORU
- 1D
- -7.92%
- 1M
- -44.63%
- 6M
- -13.80%
- YTD
- 65.13%
- 1Y
- 302.72%
- 3Y*
- 42.96%
- 5Y*
- -3.04%
- 10Y*
- 2.30%
- ALL TIME*
- -1.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $685.69M | $790.89M | $775.54M | |
| $101.88M | $87.37M | $73.33M |
NBIL vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 133.11% | -65.28% |
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 65.13% | 47.13% |
Correlation
The correlation between NBIL and KORU is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025 | 0.40 |
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Return for Risk
NBIL vs. KORU — Risk / Return Rank
NBIL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KORU
NBIL vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2X Long NBIS Daily ETF (NBIL) and Direxion Daily MSCI South Korea Bull 3X Shares (KORU). 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.
| NBIL | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.32 | — |
| Martin ratioReturn relative to average drawdown | — | 9.21 | — |
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Drawdowns
NBIL vs. KORU - Drawdown Comparison
The maximum NBIL drawdown since its inception was -78.84%, smaller than the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for NBIL and KORU.
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Drawdown Indicators
| NBIL | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.84% | -95.79% | +16.95% |
Max Drawdown (1Y)Largest decline over 1 year | — | -80.90% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -80.90% | — |
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 | -66.62% | -76.30% | +9.68% |
Average DrawdownAverage peak-to-trough decline | -43.76% | -57.44% | +13.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 29.12% | — |
Volatility
NBIL vs. KORU - Volatility Comparison
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Volatility by Period
| NBIL | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 64.87% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 154.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 216.76% | 159.66% | +57.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 216.76% | 96.56% | +120.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 216.76% | 85.82% | +130.94% |
NBIL vs. KORU - Expense Ratio Comparison
NBIL has a 1.50% expense ratio, which is higher than KORU's 1.32% expense ratio.
Dividends
NBIL vs. KORU - Dividend Comparison
NBIL has not paid dividends to shareholders, while KORU's dividend yield for the trailing twelve months is around 0.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 0.53% | 0.89% | 4.10% | 2.55% | 0.48% | 0.76% | 0.01% | 0.93% | 1.40% | 3.59% |
NBIL GraniteShares 2X Long NBIS 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
NBIL and KORU have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
KORU is cheaper with a 1.32% expense ratio, compared with 1.50% for NBIL.
KORU has the higher dividend yield at 0.53%, compared with 0.00% for NBIL.
NBIL is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: GraniteShares and Direxion. Their fees differ too: 1.50% for NBIL and 1.32% for KORU.
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