The three best-performing domestically listed ETFs in the third quarter were products designed to deliver twice the inverse performance of the US Dollar Futures Index. KODEX US Dollar Futures Inverse 2X led with a 22.7% gain from June 1 to September 30, followed by TIGER US Dollar Futures Inverse 2X at 22.4% and KIWOOM US Dollar Futures Inverse 2X at 22.3%, according to the Korea Exchange on the 4th. The index tracked by the products fell 9.91%, from 1,685.6 to 1,518.5, during the period, while the won-to-dollar exchange rate declined from 1,503.2 Korean won to 1,358.4 Korean won. The inverse ETFs subsequently weakened as the exchange rate recovered: KODEX US Dollar Futures Inverse 2X fell to 5,575 Korean won on the 2nd after the rate rebounded from about 1,330 Korean won on the 11th of last month to 1,359.6 Korean won by the 2nd.