KORU VS FLKR: A Comprehensive Comparison of ETFs
Exchange-Traded Funds (ETFs) have transformed investing by providing access to diverse sectors and asset classes. This article presents a comprehensive comparison between two notable ETFs: KORU (Direxion Daily South Korea Bull 3X Shares) and FLKR (Franklin FTSE South Korea ETF). We'll delve into key aspects including tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
KORU VS FLKR: Overview
KORU and FLKR represent contrasting investment strategies focused on the South Korean market. While KORU aims to triple the daily performance of South Korean stocks, FLKR seeks to replicate the performance of South Korean large and mid-cap stocks. The distinctions in these approaches yield distinct exposures and risks, warranting a closer examination.
KORU VS FLKR: Sectors and Top Holdings
KORU primarily focuses on sectors like technology, consumer discretionary, and financials. In contrast, FLKR provides broader exposure across various sectors, including information technology, consumer staples, and industrials. Understanding the sectors and top holdings enables investors to make informed decisions based on their sector preferences and investment objectives.
KORU overlap KORU VS FLKR: A Comprehensive Comparison of ETFs
KORU VS FLKR: Capitalization and Strategy
KORU's leveraged strategy is reflected in its higher volatility and risk due to its aim to magnify returns. On the other hand, FLKR employs a more traditional strategy, seeking to replicate the performance of the underlying index without leverage. The choice between these two strategies involves trade-offs between potential returns and risk tolerance.
KORU VS FLKR: Tracking and Exposure
KORU's 3x leverage involves daily rebalancing to achieve its performance objective, which can lead to deviations in longer-term performance compared to the underlying index. FLKR, being non-leveraged, aims to replicate the index's performance over time. Investors should be mindful of the tracking methods and their implications on performance when considering these ETFs.
Conclusion
KORU and FLKR offer distinctive approaches to investing in the South Korean market, catering to varying risk appetites and objectives. For those interested in gaining deeper insights into holdings, correlations, and overlaps, ETF insider stands as a valuable tool. This user-friendly app provides extensive information about these and other financial instruments.
Disclaimer: This article does not provide any investment advisory services.
KORU ETF issuer
KORU ETF official page
KORU quote and analysis
Discover the top holdings, correlations, and overlaps of ETFs using our visualization tool.
Our app allows you to build and track your portfolio.
To learn more about the KORU Direxion MSCI Daily South Korea Bull 3X Shares, access our dedicated page now.