KORU is trading 10.5% down today as amplified weakness in South Korean equities pressures the 3x leveraged product.
- The fund is experiencing significant downside magnification as semiconductor-heavy Korean benchmarks face pressure from cooling global tech sentiment and concerns over AI chip valuations.
- Heightened sensitivity to U.S. interest rate expectations continues to weigh on the MSCI/KOSPI universe, driving sharp volatility in pre-market trading.