Leveraged South Korea ETF KORU Plunges 42% in Single Session
A 14% drop in the MSCI Korea Index triggered a 42% crash in the 3x leveraged KORU fund, wiping out half its year-to-date gains. Direxion Daily MSCI South Korea Bull 3X Shares (KORU) collapsed 42% on June 5, 2026, erasing $4,189 from a $10,000 position in a single session.