KORU is trading 3.1% up today as South Korean stocks rebound from an extreme leveraged unwind and volatility-driven selloff in the Kospi.
- Relief buying and market stabilization are driving gains following recent trading halts and forced deleveraging in the South Korean market.
- As a 3x leveraged ETF, KORU is magnifying the daily recovery in the MSCI South Korea index after recovering from an earlier pre-market drop tied to the same volatility episode.