KORU is trading 3.9% down today as the semiconductor-led rally consolidates following a 20% surge in the previous session.
- The fund is pulling back after an exceptionally volatile stretch for Korean equities, giving back gains following a sharp rebound in the KOSPI and leading chipmakers on August 4.
- Korea’s high-beta chip sector is normalizing amid aggressive profit-taking and AI-driven volatility, pressuring leveraged products despite gains in broader U.S. indices.