UBRL vs. KORU
UBRL (GraniteShares 2x Long UBER Daily ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - UBRL is a Leveraged Equities fund actively managed by GraniteShares, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. UBRL is actively managed, while KORU is passively managed. Over the past year, UBRL returned -46.01% vs 302.72% for KORU. Their 0.21 correlation means their historical movements had little consistent relationship. UBRL charges 1.15%/yr vs 1.32%/yr for KORU.
Performance
UBRL vs. KORU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UBRL achieves a -34.07% return, which is significantly lower than KORU's 65.13% return.
UBRL
- 1D
- -0.17%
- 1M
- -12.12%
- 6M
- -30.61%
- YTD
- -34.07%
- 1Y
- -46.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -21.95%
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 | |
| $1.81M | $1.87M | $2.98M |
UBRL vs. KORU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UBRL GraniteShares 2x Long UBER Daily ETF | -34.07% | 45.90% | -35.13% |
KORU Direxion Daily MSCI South Korea Bull 3X Shares | 65.13% | 432.73% | -49.11% |
Correlation
The correlation between UBRL and KORU is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024 | 0.21 |
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
UBRL vs. KORU — Risk / Return Rank
UBRL
KORU
UBRL vs. KORU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long UBER Daily ETF (UBRL) 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.
| UBRL | KORU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.38 | ||
| Sortino ratioReturn per unit of downside risk | -3.29 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.34 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 3.32 | -4.07 |
| Martin ratioReturn relative to average drawdown | -1.19 | 9.21 | -10.40 |
Loading charts...
Drawdowns
UBRL vs. KORU - Drawdown Comparison
The maximum UBRL drawdown since its inception was -62.78%, smaller than the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for UBRL and KORU.
Loading charts...
Drawdown Indicators
| UBRL | KORU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.78% | -95.79% | +33.01% |
Max Drawdown (1Y)Largest decline over 1 year | -62.78% | -80.90% | +18.12% |
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 | -57.94% | -76.30% | +18.36% |
Average DrawdownAverage peak-to-trough decline | -30.54% | -57.44% | +26.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.60% | 29.12% | +10.48% |
Volatility
UBRL vs. KORU - Volatility Comparison
The current volatility for GraniteShares 2x Long UBER Daily ETF (UBRL) is 19.47%, while Direxion Daily MSCI South Korea Bull 3X Shares (KORU) has a volatility of 64.87%. This indicates that UBRL 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.
Loading charts...
Volatility by Period
| UBRL | KORU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.47% | 64.87% | -45.40% |
Volatility (6M)Calculated over the trailing 6-month period | 51.61% | 154.02% | -102.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.23% | 159.66% | -91.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.17% | 96.56% | -20.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.17% | 85.82% | -9.65% |
UBRL vs. KORU - Expense Ratio Comparison
UBRL has a 1.15% expense ratio, which is lower than KORU's 1.32% expense ratio.
Dividends
UBRL vs. KORU - Dividend Comparison
UBRL's dividend yield for the trailing twelve months is around 15.84%, 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% |
UBRL GraniteShares 2x Long UBER Daily ETF | 15.84% | 10.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UBRL and KORU have a correlation of 0.16, 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 UBRL (19.47%). In terms of maximum drawdown, UBRL dropped -62.78% vs KORU's -95.79%.
On 1-year performance, KORU leads with 302.72% vs -46.01% for UBRL. On fees, UBRL is cheaper at 1.15% per year. On volatility, UBRL has been the lower-risk option at 19.47%. 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 302.72% return vs -46.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UBRL is cheaper with a 1.15% expense ratio, compared with 1.32% for KORU.
UBRL has the higher dividend yield at 15.84%, compared with 0.53% for KORU.
UBRL is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: GraniteShares and Direxion. Their fees differ too: 1.15% for UBRL and 1.32% for KORU.
KORU currently has the higher Sharpe Ratio (1.68 vs -0.69), 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.
Find the right allocation for UBRL 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