# Direxion Daily MSCI South Korea Bull 3X ETF (0IAS)

**Source:** https://fundology.uk/fund/0ias · ISIN US25461A3876 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

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.

## Summary

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.

> This fund is domiciled outside the UK and EU and does not publish the key information document UK rules require, so most UK platforms do not offer it to retail investors. It is shown for reference.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **$22.97** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0IAS |
| ISIN | US25461A3876 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | Direxion |
| Tracks | MSCI Korea 25-50 |
| Income | Distributing |
| Ongoing charge | 1.32% a year (£132 per £10,000) |
| Fund size | £803m |
| Launched | 2013 |
| Domicile | United States |

## Past returns (periods to 05/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +292.05% | +281.39% | price only |
| 3 years | +561.71% | +500.80% | price only |

Returns: Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.

## Calendar-year 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 CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | -62.5% | -63.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 144.36% | -72.07% |
| 3 years | 126.55% | -72.07% |

## Largest fall

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.

## Charges compared with similar funds

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).

## Charges & eligibility

- Ongoing charges figure (OCF): **1.32%** per year
- ISA eligible: no
- SIPP eligible: no

## 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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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.