KORU is trading at $22.95 (-2.21%) in after-hours trading, with the decline appearing primarily driven by stronger-than-expected August U.S. employment data that increased September Fed rate-hike odds and pressured risk-sensitive leveraged exposure.
- Tracks 3x daily performance of the MSCI Korea 25/50 Index, with substantial exposure to South Korean technology leaders including Samsung Electronics and SK Hynix.
- The move follows a strong Korean equity session, with the KOSPI rising 1.64% on September 4.