KRWXCorgi South Korea 2x Daily ETF
Seeks daily investment results that correlate to 2x the daily performance of the iShares MSCI South Korea ETF.
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Classification
How Beacon categorizes this fundWhere to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily investment results that correlate to 2x the daily performance of the iShares MSCI South Korea ETF.
- Strategy
- Actively managed ETF that seeks daily investment results correlating to 2x the daily performance of the iShares MSCI South Korea ETF. Invests primarily in derivatives, including total return swaps and equity futures, to achieve leveraged exposure to South Korean equity securities. Maintains cash and cash equivalents for liquidity and collateral. Under normal circumstances, invests at least 80% of net assets in financial instruments providing leveraged exposure to South Korean equities.
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Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-06