Samsung Asset Management's KODEX US FANG Plus (H) Tops 1-Month Return at 17.34%

'Semiconductor' Soars While 'FANG Plus' Flies... US 'Mega Cap 8' Effect Shines
'Domestic Semiconductor' Leads with 1-Month Returns Surpassing 'Secondary Battery'

Flying 'FANG Plus' above the running 'domestic semiconductor'! The so-called Mega Cap 8 effect is also appearing in the domestic stock market.

Samsung Asset Management announced on the 12th that the KODEX US FANG Plus (H) ETF recorded a 1-month return of 17.34%, ranking first among general ETF products (excluding leverage/inverse products).

KODEX US FANG Plus (H) took first place, surpassing domestic semiconductor ETFs that pushed the secondary battery ETFs, which had recorded a sharp rise since the beginning of the year, out of the top 1-month returns.

In fact, the secondary battery ETFs that swept the top positions in returns since the beginning of the year recently experienced a correction, losing their place to semiconductor ETFs in the 1-month returns and falling outside the top 20.

However, KODEX US FANG Plus (H) has continuously recorded high performance by ranking among the top in returns over various periods: 67.07% since the beginning of the year, ranking 3rd among general ETFs; 31.57% over 3 months, ranking 2nd; and 1st in 1-month returns.

The reason KODEX US FANG Plus (H) can maintain such stable and high performance is that it has a portfolio focused on 10 leading global innovative companies, including electric vehicles, semiconductors, AI, metaverse, and platform companies. This portfolio includes all eight Mega Cap stocks that have recently led the US stock market.

KODEX US FANG Plus (H) invests equally weighted, with about 10% allocation per stock, in 10 companies including the eight large-cap representative companies (Mega Cap 8): electric vehicle 'Tesla', semiconductor 'nVIDIA', AI 'Microsoft'/'Alphabet (Google)', metaverse 'Meta (formerly Facebook)', 'Apple', platform companies 'Amazon', 'Netflix', and others.

Thanks to this portfolio, it has been able to continuously record high returns by being included in most thematic upward trends such as the AI and metaverse rebound started by Chat GPT, and the semiconductor rise. Recently, the soaring performance of electric vehicle Tesla, which is leading the stock market rally, also raises expectations for additional gains in KODEX US FANG Plus (H).

Kim Dohyung, Head of ETF Consulting at Samsung Asset Management, said, “Despite the Fed’s continued hawkish stance, the stocks of leading US innovative companies with solid earnings have shown strong gains this year,” adding, “Since the 10 companies in KODEX US FANG Plus (H) ETF show balanced growth, equal-weighted investment in US tech stocks will be effective this year.”

This content was produced with the assistance of AI translation services.