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SZK vs. KORU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SZK vs. KORU

Last updated Jun 3, 2026

SZK (ProShares UltraShort Consumer Goods) and KORU (Direxion Daily South Korea Bull 3X Shares) are both Leveraged Equities funds - SZK tracks the Dow Jones U.S. Consumer Goods Index (-200%) while KORU tracks the MSCI Korea 25-50 Index. Both are passively managed. Over the past 10 years, SZK returned -16.07%/yr vs 19.90%/yr for KORU. At a correlation of -0.34, they often move in opposite directions. SZK charges 0.95%/yr vs 1.29%/yr for KORU.

Performance

SZK vs. KORU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Consumer Goods (SZK) and Direxion Daily South Korea Bull 3X Shares (KORU). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SZK achieves a -9.91% return, which is significantly lower than KORU's 574.61% return. Over the past 10 years, SZK has underperformed KORU with an annualized return of -16.07%, while KORU has yielded a comparatively higher 19.90% annualized return.

SZK

1D
0.25%
1M
6.20%
YTD
-9.91%
6M
-7.73%
1Y
3.38%
3Y*
-4.29%
5Y*
-3.68%
10Y*
-16.07%

KORU

1D
-3.17%
1M
103.23%
YTD
574.61%
6M
732.27%
1Y
2,236.72%
3Y*
134.36%
5Y*
24.81%
10Y*
19.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SZK vs. KORU - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SZK
ProShares UltraShort Consumer Goods		-9.91%3.37%-11.33%-3.10%47.20%-37.78%-58.24%-39.43%33.62%-27.22%
KORU
Direxion Daily South Korea Bull 3X Shares		574.61%432.73%-62.18%28.61%-70.16%-33.86%48.78%5.47%-59.89%167.08%

Correlation

The correlation between SZK and KORU is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.01

Correlation (3Y)
Calculated over the trailing 3-year period

-0.13

Correlation (5Y)
Calculated over the trailing 5-year period

-0.29

Correlation (10Y)
Calculated over the trailing 10-year period

-0.35

Correlation (All Time)
Calculated using the full available price history since Apr 11, 2013

-0.34

The correlation between SZK and KORU shifts across timeframes, from -0.35 (10 years) to 0.01 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ProShares UltraShort Consumer Goods

Direxion Daily South Korea Bull 3X Shares

Often compared with SZK:
SZK vs. SSGSZK vs. HIBSSZK vs. XLPSZK vs. SQQQSZK vs. UUPSZK vs. TZASZK vs. VOO
Often compared with KORU:
KORU vs. EWYKORU vs. VOOKORU vs. QQQKORU vs. FLKRKORU vs. SOXLKORU vs. TQQQKORU vs. DPST

Return for Risk

SZK vs. KORU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SZK
SZK Risk / Return Rank: 1010
Overall Rank
SZK Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
SZK Sortino Ratio Rank: 1111
Sortino Ratio Rank
SZK Omega Ratio Rank: 1010
Omega Ratio Rank
SZK Calmar Ratio Rank: 1010
Calmar Ratio Rank
SZK Martin Ratio Rank: 1010
Martin Ratio Rank
KORU
KORU Risk / Return Rank: 9898
Overall Rank
KORU Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
KORU Sortino Ratio Rank: 9595
Sortino Ratio Rank
KORU Omega Ratio Rank: 9595
Omega Ratio Rank
KORU Calmar Ratio Rank: 9999
Calmar Ratio Rank
KORU Martin Ratio Rank: 9999
Martin Ratio Rank
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.

SZK vs. KORU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Consumer Goods (SZK) 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.

SZKKORUDifference

Sharpe ratio

Return per unit of total volatility

0.13

18.26

-18.13

Sortino ratio

Return per unit of downside risk

0.37

5.25

-4.88

Omega ratio

Gain probability vs. loss probability

1.04

1.73

-0.69

Calmar ratio

Return relative to maximum drawdown

0.11

38.64

-38.52

Martin ratio

Return relative to average drawdown

0.26

122.74

-122.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SZK vs. KORU - Sharpe Ratio Comparison

The current SZK Sharpe Ratio is 0.13, which is lower than the KORU Sharpe Ratio of 18.26. The chart below compares the historical Sharpe Ratios of SZK and KORU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SZKKORUDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.13

18.26

-18.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.12

0.29

-0.41

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.48

0.25

-0.73

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.58

0.13

-0.71

Drawdowns

SZK vs. KORU - Drawdown Comparison

The maximum SZK drawdown since its inception was -99.40%, roughly equal to the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for SZK and KORU.

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Drawdown Indicators

SZKKORUDifference

Max Drawdown

Largest peak-to-trough decline

-99.40%

-95.79%

-3.61%

Max Drawdown (1Y)

Largest decline over 1 year

-29.26%

-61.39%

+32.13%

Max Drawdown (3Y)

Largest decline over 3 years

-41.81%

-73.71%

+31.90%

Max Drawdown (5Y)

Largest decline over 5 years

-41.81%

-93.35%

+51.54%

Max Drawdown (10Y)

Largest decline over 10 years

-86.78%

-95.79%

+9.01%

Current Drawdown

Current decline from peak

-99.24%

-3.17%

-96.07%

Average Drawdown

Average peak-to-trough decline

-81.99%

-57.55%

-24.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.83%

19.33%

-6.50%

Volatility

SZK vs. KORU - Volatility Comparison

The current volatility for ProShares UltraShort Consumer Goods (SZK) is 8.22%, while Direxion Daily South Korea Bull 3X Shares (KORU) has a volatility of 59.91%. This indicates that SZK 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

SZKKORUDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.22%

59.91%

-51.69%

Volatility (6M)

Calculated over the trailing 6-month period

19.99%

110.67%

-90.68%

Volatility (1Y)

Calculated over the trailing 1-year period

25.18%

124.16%

-98.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.45%

85.10%

-53.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.61%

79.92%

-46.31%

SZK vs. KORU - Expense Ratio Comparison

SZK has a 0.95% expense ratio, which is lower than KORU's 1.29% expense ratio.

Dividends

SZK vs. KORU - Dividend Comparison

SZK's dividend yield for the trailing twelve months is around 2.63%, more than KORU's 0.14% yield.

PositionTTM202520242023202220212020201920182017
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%
SZK
ProShares UltraShort Consumer Goods		2.63%2.90%5.70%4.03%0.56%0.00%0.19%1.70%0.50%0.00%

Frequently Asked Questions

SZK and KORU have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

KORU has higher volatility (59.91%) compared to SZK (8.22%). In terms of maximum drawdown, SZK dropped -99.40% vs KORU's -95.79%.

On 10-year performance, KORU leads with 19.90% vs -16.07% for SZK. On fees, SZK is cheaper at 0.95% per year. On volatility, SZK has been the lower-risk option at 8.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, KORU has performed better with a 19.90% return vs -16.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SZK is cheaper with a 0.95% expense ratio, compared with 1.29% for KORU.

SZK has the higher dividend yield at 2.63%, compared with 0.14% for KORU.

SZK tracks Dow Jones U.S. Consumer Goods Index (-200%), while KORU tracks MSCI Korea 25-50 Index. They also come from different issuers: ProShares and Direxion. Their fees differ too: 0.95% for SZK and 1.29% for KORU.

KORU currently has the higher Sharpe Ratio (18.26 vs 0.13), 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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