Name of ETF: Direxion Daily South Korea Bull 3X Shares
Benchmark Index: MSCI Korea 25/50 Index
Ticker Symbol: KORU
Types of Stocks Included in this ETF: Large and mid-sized companies from South Korea. The index in which this ETF is based upon is a broad-based index designed to represent a significant percentage of the South Korean stock market.
Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking results equal to 300% of the benchmark index performance.