OOQB vs. KORU
OOQB (Volatility Shares One+One Nasdaq-100® and Bitcoin ETF) and KORU (Direxion Daily South Korea Bull 3X Shares) are both exchange-traded funds - OOQB is a Nasdaq-100 fund actively managed by Volatility Shares, while KORU is a Leveraged Equities fund tracking the MSCI Korea 25-50 Index. OOQB is actively managed, while KORU is passively managed. Over the past year, OOQB returned -27.35% vs 2160.10% for KORU. At a 0.44 correlation, their price movements are largely independent. OOQB charges 0.75%/yr vs 1.29%/yr for KORU.
Performance
OOQB vs. KORU - Performance Comparison
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Returns By Period
In the year-to-date period, OOQB achieves a -18.43% return, which is significantly lower than KORU's 559.14% return.
OOQB
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -18.43%
- 6M
- -24.99%
- 1Y
- -27.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KORU
- 1D
- -2.29%
- 1M
- 92.47%
- YTD
- 559.14%
- 6M
- 689.29%
- 1Y
- 2,160.10%
- 3Y*
- 132.56%
- 5Y*
- 23.42%
- 10Y*
- 19.62%
OOQB vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF | -18.43% | -13.30% |
KORU Direxion Daily South Korea Bull 3X Shares | 559.14% | 270.03% |
Correlation
The correlation between OOQB and KORU is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.44 |
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Return for Risk
OOQB vs. KORU — Risk / Return Rank
OOQB
KORU
OOQB vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB) 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.
| OOQB | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.16 | ||
| Sortino ratioReturn per unit of downside risk | -5.70 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.72 | -0.79 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 35.65 | -36.16 |
| Martin ratioReturn relative to average drawdown | -0.91 | 112.99 | -113.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OOQB | KORU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | 17.63 | -18.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.28 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.25 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.41 | 0.13 | -0.54 |
Drawdowns
OOQB vs. KORU - Drawdown Comparison
The maximum OOQB drawdown since its inception was -53.44%, smaller than the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for OOQB and KORU.
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Drawdown Indicators
| OOQB | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.44% | -95.79% | +42.35% |
Max Drawdown (1Y)Largest decline over 1 year | -53.44% | -61.39% | +7.95% |
Max Drawdown (3Y)Largest decline over 3 years | — | -73.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -93.35% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -95.79% | — |
Current DrawdownCurrent decline from peak | -43.69% | -5.39% | -38.30% |
Average DrawdownAverage peak-to-trough decline | -23.26% | -57.53% | +34.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.11% | 19.33% | +10.78% |
Volatility
OOQB vs. KORU - Volatility Comparison
The current volatility for Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB) is 0.00%, while Direxion Daily South Korea Bull 3X Shares (KORU) has a volatility of 60.18%. This indicates that OOQB experiences smaller price fluctuations and is considered to be less risky than KORU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OOQB | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 60.18% | -60.18% |
Volatility (6M)Calculated over the trailing 6-month period | 39.39% | 110.71% | -71.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.57% | 124.15% | -72.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.12% | 85.11% | -26.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.12% | 79.91% | -21.79% |
OOQB vs. KORU - Expense Ratio Comparison
OOQB has a 0.75% expense ratio, which is lower than KORU's 1.29% expense ratio.
Dividends
OOQB vs. KORU - Dividend Comparison
OOQB's dividend yield for the trailing twelve months is around 11.62%, more than KORU's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
KORU Direxion Daily South Korea Bull 3X Shares | 0.14% | 0.89% | 4.10% | 2.55% | 0.48% | 0.76% | 0.01% | 0.93% | 1.40% | 3.59% |
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF | 11.62% | 9.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OOQB 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.
KORU has higher volatility (60.18%) compared to OOQB (0.00%). In terms of maximum drawdown, OOQB dropped -53.44% vs KORU's -95.79%.
On 1-year performance, KORU leads with 2160.10% vs -27.35% for OOQB. On fees, OOQB is cheaper at 0.75% per year. On volatility, OOQB has been the lower-risk option at 0.00%. 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 2160.10% return vs -27.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OOQB is cheaper with a 0.75% expense ratio, compared with 1.29% for KORU.
OOQB has the higher dividend yield at 11.62%, compared with 0.14% for KORU.
OOQB is categorized as Nasdaq-100, while KORU is Leveraged Equities. They also come from different issuers: Volatility Shares and Direxion. Their fees differ too: 0.75% for OOQB and 1.29% for KORU.
KORU currently has the higher Sharpe Ratio (17.63 vs -0.53), 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.
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