KORU is trading 2.4% down today following a deep semiconductor rout and rising geopolitical risks that have triggered extreme volatility in leveraged South Korea equities.
- The ETF, which provides 3x exposure to the MSCI Korea Index, has been hit by repeated selloffs in Korean chipmakers following SK Hynix’s earnings miss and concerns over AI-chip competition.
- Global risk sentiment remains fragile as U.S.–Middle East tensions elevate macro uncertainty, leading traders to remain cautious on high-beta tech exposure.