ETF · Direxion
0IAS Direxion Daily MSCI South Korea Bull 3X ETF
ISIN US25461A3876London Stock Exchange: 0IASRafferty Asset Management LLC
- Leveraged & inverse
- ETF
- Distributing
Latest close
LSE$22.97
on
- Ongoing charge
- 1.32% a year
- Fund size
- £803m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 05/10/2026, 0IAS (Direxion Daily MSCI South Korea Bull 3X ETF, ISIN US25461A3876) closed at $22.97 on the London Stock Exchange. Its ongoing charge is 1.32% a year (about £132 on £10,000). Over the three years to 05/10/2026 its price changed by +561.7% (income paid out is not included), or +500.8% after UK CPIH inflation.
Past returns
- 1 year to 05/10/2026
- +292.1%
- +281.4% after inflation (UK CPIH)
- 3 years to 05/10/2026
- +561.7%
- +500.8% after inflation (UK CPIH)
Returns: Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Direxion Daily MSCI South Korea Bull 3X ETF in pounds (price only, income paid out not included): 2024 −62.5%. Returns of Direxion Daily MSCI South Korea Bull 3X ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +308.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| −62.5% | −63.8% |
| 12 months to | Return |
|---|---|
| from | +308.6% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
126.6%over 3 years
| 1 year | 144.4% |
|---|---|
| 3 years | 126.6% |
Annualised from weekly returns. Higher means bumpier.
In words: Volatility of Direxion Daily MSCI South Korea Bull 3X ETF in pounds, annualised from weekly returns to 05/10/2026: 144.4% over 1 year, 126.6% over 3 years.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 1.32%
- a year
- On £10,000
- £132
- a year, roughly
- Over five years
- £643
- of £10,000, before growth
- 160 charge less
- 0 the same
- 100 charge more
Ongoing charge of Direxion Daily MSCI South Korea Bull 3X ETF 1.32% a year, as of 06/10/2026: 100 of the 260 other leveraged and inverse products charge more, 0 the same and 160 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Direxion Daily MSCI South Korea Bull 3X ETF is an exchange-traded fund (ETF) from Direxion, launched in 2013.
It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 1.32% a year — about £132 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Leveraged & inverse: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.
Terms:ETFIndex fundAccumulating or incomeLeveraged ETPsShare classISIN
Key facts
- Ticker
- 0IAS
- ISIN
- US25461A3876
- Provider
- Direxion
- Tracks
- MSCI Korea 25-50
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 1.32% a year · about £132 on £10,000
- Fund size
- £803m
- Launched
- Domicile
- United States
- Currency hedged
- No
- Price currency
- USD
- Category
- Leveraged & inverse
Price chart
Since 31/07/2026, the closing price went from $15.30 on 31/07/2026 to $22.97 on 05/10/2026 (+50.1%). The lowest close shown was $15.30 on 31/07/2026 and the highest $23.58 on 11/09/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
11 weekly closes, from 31/07/2026 to 05/10/2026. The same history in October 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free account
Create a free account to see the risk ratios
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of 0IAS?
The ongoing charge of 0IAS is 1.32% a year — about £132 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Direxion Daily MSCI South Korea Bull 3X ETF 1.32% a year, as of 06/10/2026: 100 of the 260 other leveraged and inverse products charge more, 0 the same and 160 less (share classes counted once).
What does 0IAS track?
0IAS tracks the MSCI Korea 25-50.
Is 0IAS accumulating or distributing?
0IAS is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of 0IAS?
The ISIN of 0IAS is US25461A3876. An ISIN identifies one exact share class of a fund; 0IAS is its ticker on the London Stock Exchange.
What were 0IAS’s returns in each of the last five years?
Calendar-year returns of 0IAS in pounds (price only, income paid out not included): 2024 −62.5%. Past performance is not a guide to future returns.
How has 0IAS done after inflation?
Over the three years to 05/10/2026 0IAS’s price changed by +561.7% (income paid out is not included), or +500.8% after UK CPIH inflation. Past performance is not a guide to future returns.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- Fundology, from recorded closes
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used December 2024
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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