OKLL vs. KORU
OKLL (Defiance Daily Target 2x Long OKLO ETF) and KORU (Direxion Daily South Korea Bull 3X Shares) are both Leveraged Equities funds. OKLL is actively managed, while KORU is passively managed. Over the past year, OKLL returned -73.38% vs 858.44% for KORU. At a 0.43 correlation, their price movements are largely independent. OKLL charges 1.31%/yr vs 1.29%/yr for KORU.
Performance
OKLL vs. KORU - Performance Comparison
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Returns By Period
In the year-to-date period, OKLL achieves a -64.46% return, which is significantly lower than KORU's 285.56% return.
OKLL
- 1D
- -4.03%
- 1M
- -30.54%
- YTD
- -64.46%
- 6M
- -73.01%
- 1Y
- -73.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
OKLL vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OKLL Defiance Daily Target 2x Long OKLO ETF | -64.46% | -25.10% |
KORU Direxion Daily South Korea Bull 3X Shares | 285.56% | 148.59% |
Correlation
The correlation between OKLL and KORU is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025 | 0.43 |
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Return for Risk
OKLL vs. KORU — Risk / Return Rank
OKLL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KORU
OKLL vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2x Long OKLO ETF (OKLL) and Direxion Daily 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.
| OKLL | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.53 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 14.12 | — |
| Martin ratioReturn relative to average drawdown | — | 41.38 | — |
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Drawdowns
OKLL vs. KORU - Drawdown Comparison
The maximum OKLL drawdown since its inception was -96.29%, roughly equal to the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for OKLL and KORU.
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Drawdown Indicators
| OKLL | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.29% | -95.79% | -0.50% |
Max Drawdown (1Y)Largest decline over 1 year | -96.29% | -61.39% | -34.90% |
Max Drawdown (3Y)Largest decline over 3 years | — | -73.34% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -93.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -95.79% | — |
Current DrawdownCurrent decline from peak | -95.70% | -44.66% | -51.04% |
Average DrawdownAverage peak-to-trough decline | -62.40% | -57.41% | -4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 20.91% | — |
Volatility
OKLL vs. KORU - Volatility Comparison
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Volatility by Period
| OKLL | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 92.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 138.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 202.78% | 144.16% | +58.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 202.78% | 91.40% | +111.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 202.78% | 83.03% | +119.75% |
OKLL vs. KORU - Expense Ratio Comparison
OKLL has a 1.31% expense ratio, which is higher than KORU's 1.29% expense ratio.
Dividends
OKLL vs. KORU - Dividend Comparison
OKLL has not paid dividends to shareholders, while KORU's dividend yield for the trailing twelve months is around 0.24%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
OKLL Defiance Daily Target 2x Long OKLO ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OKLL and KORU have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, KORU leads with 858.44% vs -73.38% for OKLL. On fees, KORU is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, KORU has performed better with a 858.44% return vs -73.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KORU is cheaper with a 1.29% expense ratio, compared with 1.31% for OKLL.
KORU has the higher dividend yield at 0.24%, compared with 0.00% for OKLL.
They also come from different issuers: Defiance and Direxion. Their fees differ too: 1.31% for OKLL and 1.29% for KORU.
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