TARK vs. KORU
TARK (Tradr 2X Long Innovation ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - TARK is a Leveraged Equities fund actively managed by AXS, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. TARK is actively managed, while KORU is passively managed. Over the past 3 years, TARK returned 1.19%/yr vs 42.96%/yr for KORU. Their 0.53 correlation means they have sometimes moved together and sometimes differently. TARK charges 1.15%/yr vs 1.32%/yr for KORU.
Performance
TARK vs. KORU - Performance Comparison
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Returns By Period
In the year-to-date period, TARK achieves a -24.46% return, which is significantly lower than KORU's 65.13% return.
TARK
- 1D
- -4.73%
- 1M
- -24.19%
- 6M
- -18.59%
- YTD
- -24.46%
- 1Y
- -18.26%
- 3Y*
- 1.19%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -9.86%
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 | |
| $604.81K | $641.97K | $710.94K |
TARK vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TARK Tradr 2X Long Innovation ETF | -24.46% | 41.00% | -4.85% | 121.37% | -71.31% |
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 65.13% | 432.73% | -62.18% | 28.61% | -48.74% |
Correlation
The correlation between TARK and KORU is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 2, 2022 | 0.53 |
The correlation between TARK and KORU has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.
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Return for Risk
TARK vs. KORU — Risk / Return Rank
TARK
KORU
TARK vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Innovation ETF (TARK) 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.
| TARK | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.34 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 3.32 | -3.81 |
| Martin ratioReturn relative to average drawdown | -0.84 | 9.21 | -10.05 |
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Drawdowns
TARK vs. KORU - Drawdown Comparison
The maximum TARK drawdown since its inception was -77.82%, smaller than the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for TARK and KORU.
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Drawdown Indicators
| TARK | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.82% | -95.79% | +17.97% |
Max Drawdown (1Y)Largest decline over 1 year | -57.57% | -80.90% | +23.33% |
Max Drawdown (3Y)Largest decline over 3 years | -65.55% | -80.90% | +15.35% |
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 | -50.30% | -76.30% | +26.00% |
Average DrawdownAverage peak-to-trough decline | -50.55% | -57.44% | +6.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.47% | 29.12% | +4.35% |
Volatility
TARK vs. KORU - Volatility Comparison
The current volatility for Tradr 2X Long Innovation ETF (TARK) is 20.33%, while Direxion Daily MSCI South Korea Bull 3X Shares (KORU) has a volatility of 64.87%. This indicates that TARK 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
| TARK | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.33% | 64.87% | -44.54% |
Volatility (6M)Calculated over the trailing 6-month period | 55.18% | 154.02% | -98.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.66% | 159.66% | -87.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.17% | 96.56% | -6.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.17% | 85.82% | +4.35% |
TARK vs. KORU - Expense Ratio Comparison
TARK has a 1.15% expense ratio, which is lower than KORU's 1.32% expense ratio.
Dividends
TARK vs. KORU - Dividend Comparison
TARK's dividend yield for the trailing twelve months is around 39.71%, more than KORU's 0.53% yield.
| 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% |
TARK Tradr 2X Long Innovation ETF | 39.71% | 30.00% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TARK and KORU have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KORU has higher volatility (64.87%) compared to TARK (20.33%). In terms of maximum drawdown, TARK dropped -77.82% vs KORU's -95.79%.
On 3-year performance, KORU leads with 42.96% vs 1.19% for TARK. On fees, TARK is cheaper at 1.15% per year. On volatility, TARK has been the lower-risk option at 20.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, KORU has performed better with a 42.96% return vs 1.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TARK is cheaper with a 1.15% expense ratio, compared with 1.32% for KORU.
TARK has the higher dividend yield at 39.71%, compared with 0.53% for KORU.
TARK is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: AXS and Direxion. Their fees differ too: 1.15% for TARK and 1.32% for KORU.
KORU currently has the higher Sharpe Ratio (1.68 vs -0.39), 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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