EWY News & Analysis

KORU (NYSEARCA:KORU) Losses 42% in Single Day Amid Market Decline

On June 5, 2026, KORU (NYSEARCA:KORU) experienced a 42% loss, reducing a $10,000 investment to approximately $5,811. This drop followed a 14% decline in the iShares MSCI South Korea ETF (NYSEARCA:EWY), indicating that KORU's 3x leverage amplified the market's overall downturn. The MSCI Korea index, heavily weighted by Samsung Electronics and SK Hynix, which fell by 6% and 10% respectively, was impacted by over $1.21 billion in foreign investment withdrawals. Despite this decline, KORU remains up 236% year-to-date from a starting value of $181.55 on December 31, 2025.