Hantoo Asset Management ACE ETFs 2 Types, Recent 3-Month Returns Increase
Korea Investment Trust Management announced on the 22nd that two ACE Exchange-Traded Funds (ETFs), ACE Tesla Value Chain Active ETF and ACE U.S. Stock Bestseller ETF, recently ranked first and second in 3-month returns.
According to the Korea Exchange, as of the 19th, the 3-month returns of ACE Tesla Value Chain Active ETF and ACE U.S. Stock Bestseller ETF were 50.14% and 36.50%, respectively. These figures represent the first and second highest returns among domestically listed ETFs excluding leveraged ETFs. The return of ACE Tesla Value Chain Active ETF was confirmed as the highest among all ETFs, including leveraged ETFs.
ACE Tesla Value Chain Active ETF is an active product that includes Tesla and related value chain companies, and it was listed in May last year. Although it showed a sluggish trend due to the decline in the stock prices of the included companies until April, it gradually rebounded after the end of April and ranked at the top in returns. In fact, the 1-year return was -7.76%, but the 6-month return was recorded at 20.69%.
ACE U.S. Stock Bestseller ETF, listed in December last year, is characterized by investing in 10 overseas stocks preferred by domestic investors. Preferred stocks are identified through trading volume and custody amounts, and actual investment execution is carried out with an additional financial soundness evaluation. Currently, this ETF includes Tesla, Nvidia, Microsoft, Apple, and TSMC.
By combining trend and stability in investment, this ETF seeks to outperform the representative U.S. indices, recording solid performance not only over the recent 3 months but also over 6 months (41.34%). During the same period, the U.S. S&P 500 rose 10.83% (3 months) and 13.74% (6 months). The Nasdaq increased 16.00% over the recent 3 months and 15.78% over 6 months.
Seunghyun Kim, head of ETF consulting at Korea Investment Trust Management, explained, "Investors who want to focus on the electric vehicle ecosystem centered on Tesla should choose the ACE Tesla Value Chain Active ETF, while those who want to diversify investments in hot stocks within the U.S. stock market, including big tech companies, should select the ACE U.S. Stock Bestseller ETF."
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ACE Tesla Value Chain Active ETF and ACE U.S. Stock Bestseller ETF are performance dividend-type products, and past performance does not guarantee future results. Principal loss may occur depending on management outcomes.
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