SPOG vs. KORU
SPOG (Leverage Shares 2X Long SPOT Daily ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - SPOG is a Leveraged Equities fund actively managed by Leverage Shares, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. SPOG is actively managed, while KORU is passively managed. Their -0.02 correlation means they have often moved in opposite directions in the past. SPOG charges 0.75%/yr vs 1.32%/yr for KORU.
Performance
SPOG vs. KORU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPOG achieves a -44.19% return, which is significantly lower than KORU's 74.82% return.
SPOG
- 1D
- -6.14%
- 1M
- -1.56%
- 6M
- -25.53%
- YTD
- -44.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
KORU
- 1D
- 5.87%
- 1M
- -41.38%
- 6M
- -5.76%
- YTD
- 74.82%
- 1Y
- 326.36%
- 3Y*
- 52.12%
- 5Y*
- -3.49%
- 10Y*
- 2.54%
- ALL TIME*
- -0.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $701.92M | $755.38M | $782.78M | |
| $182.54K | $193.71K | $395.29K |
SPOG vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPOG Leverage Shares 2X Long SPOT Daily ETF | -44.19% | -18.73% |
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 74.82% | 13.89% |
Correlation
The correlation between SPOG and KORU is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | -0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPOG vs. KORU — Risk / Return Rank
SPOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KORU
SPOG vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SPOT Daily ETF (SPOG) 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.
| SPOG | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.06 | — |
| Martin ratioReturn relative to average drawdown | — | 11.13 | — |
Loading charts...
Drawdowns
SPOG vs. KORU - Drawdown Comparison
The maximum SPOG drawdown since its inception was -64.41%, smaller than the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for SPOG and KORU.
Loading charts...
Drawdown Indicators
| SPOG | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.41% | -95.79% | +31.38% |
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 | -55.09% | -74.91% | +19.82% |
Average DrawdownAverage peak-to-trough decline | -43.53% | -57.45% | +13.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 29.49% | — |
Volatility
SPOG vs. KORU - Volatility Comparison
Loading charts...
Volatility by Period
| SPOG | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 65.03% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 154.04% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 96.10% | 159.66% | -63.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.10% | 96.62% | -0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.10% | 85.86% | +10.24% |
SPOG vs. KORU - Expense Ratio Comparison
SPOG has a 0.75% expense ratio, which is lower than KORU's 1.32% expense ratio.
Dividends
SPOG vs. KORU - Dividend Comparison
SPOG has not paid dividends to shareholders, while KORU's dividend yield for the trailing twelve months is around 0.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 0.50% | 0.89% | 4.10% | 2.55% | 0.48% | 0.76% | 0.01% | 0.93% | 1.40% | 3.59% |
SPOG Leverage Shares 2X Long SPOT 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
SPOG and KORU have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPOG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPOG is cheaper with a 0.75% expense ratio, compared with 1.32% for KORU.
KORU has the higher dividend yield at 0.50%, compared with 0.00% for SPOG.
SPOG is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for SPOG and 1.32% for KORU.
Find the right allocation for SPOG and KORU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer