The Most Loved US Stock by KB Securities Customers is 'Tesla'
Tesla Trading Volume Ranked 1st
Leveraged ETFs Also Hold Significant Shares Among Top Traded Stocks
KB Securities announced on the 28th that an analysis of the most traded U.S. stocks by customers through KB Securities' Mobile Trading System (MTS) 'KB M-able (M-able)' and 'M-able mini (M-able Mini)' from January last year to February 16 this year revealed that Tesla ranked first in trading volume.
During this period, Tesla (TSLA) recorded the highest trading volume in terms of whole shares (1 share) on KB M-able. Following Tesla, the most traded U.S. stocks were Direxion Daily Semiconductor Bull 3X ETF (SOXL), Direxion Daily Semiconductor Bear 3X ETF (SOXS), ProShares UltraPro QQQ ETF (TQQQ), and Nvidia (NVDA).
Among the top 10 stocks by trading volume, six were Exchange-Traded Funds (ETFs), and ETF trading accounted for 40.3% of the total trading volume, indicating that individual investors trade ETFs at a high rate as well as stocks. This is likely because, in overseas markets, it is generally more difficult to obtain individual stock information and market data compared to domestic markets, leading many customers to trade ETFs, which are composed of diversified portfolios.
Additionally, examining the top six ETFs by trading volume (SOXL, SOXS, TQQQ, SQQQ, TSLL, TMF), individual investors mainly traded products related to semiconductors, electric vehicles, and artificial intelligence (AI), with leveraged ETFs (SOXL, SOXS, TSLL, TMF) accounting for a large portion. It appears that many investors employed long-short strategies (a technique of buying undervalued stocks long-term and selling overvalued stocks short-term) to maximize profits through directional trading.
Next, looking at the top 10 stocks most purchased by customers through the fractional trading service for overseas stocks on M-able mini, which allows trading in fractions of shares based on Korean won units of 1,000 won, Tesla ranked first, followed by Apple in second place, with Nvidia, Microsoft (MSFT), and Alphabet A (GOOGL) following.
The proportion of regular purchase services, which allow stock purchases in daily, weekly, or monthly cycles like installment savings, accounted for 47.4% of the trading volume based on purchases through the fractional overseas stock trading service. This showed a different characteristic from the leveraged investment tendency of KB M-able (M-able) users analyzed earlier (where four of the top six ETF stocks were leveraged products).
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Kim Young-il, Head of M-able Land Tribe at KB Securities, said, "In the case of M-able mini, customers in their teens to 40s are relatively many. While many investors actively use leverage when investing in U.S. stocks, there is also significant demand from customers who regularly invest small amounts in a diversified manner to accumulate investment assets." He added, "As the overseas stock investment market is entering a full growth phase, we will create a platform that allows customers to easily and quickly grasp overseas market trends and trade by launching Stock GPT, which answers customers' investment questions like Chat GPT using AI, and by fully revamping overseas stock information, including strengthening domestic and international ETF content."
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