KORU is trading at $14.68 (+3.75%) as South Korea equity strength and a broader risk-on rotation drive dip-buying after the earlier regional semiconductor selloff eased.
- Investors are returning to Korean exposure as markets digest Fed and geopolitical headlines, shifting focus away from previous regional volatility.
- As a 3x leveraged South Korea ETF, KORU is designed to produce outsized moves relative to even modest swings in the underlying market.
- The current move appears to be a macro-driven rotation rather than a specific fund-level catalyst.