PLUS US High Dividend Active ETF Surges 15.2% Since Listing, Defying Declines in US Stock Markets

Rising Despite S&P 500 and Nasdaq 100 Downturns
Annualized 4.87% Dividend Plus Growth Returns

Hanwha Asset Management announced on April 2 that the "PLUS US High Dividend Active" Exchange-Traded Fund (ETF) has delivered a return of 15.2% since its listing, despite geopolitical risks and market volatility.

According to FN Guide on March 31, the PLUS US High Dividend Active ETF recorded a 15.2% return since its listing on January 26. In contrast, the S&P 500 declined by 6.1% and the Nasdaq 100 fell by 7.7% during the same period.

The PLUS US High Dividend Active ETF invests in the top 20 stocks with the highest expected dividend yields among blue-chip companies ranked within the top 300 by market capitalization listed on the New York Stock Exchange and Nasdaq. It applies the investment strategy of the "PLUS High Dividend" ETF—South Korea's largest domestic high-dividend ETF with a 14-year proven track record—to the US market.

It is analyzed that energy companies benefited as oil prices surged due to geopolitical risks such as the US-Iran war. The ETF invests in major US energy companies, including Chevron, as well as Canadian Natural Resources, ONEOK, and Kinder Morgan. To prevent over-concentration in a single sector, the ETF also includes leading high-dividend stocks from various industries, such as AT&T, Comcast, and Altria, to enhance stability.

Last month, the PLUS US High Dividend Active ETF paid a distribution of 47 won. Based on the closing price on the distribution record date of March 31, the monthly distribution rate was 0.41%, and the annualized distribution rate was 4.87%.

Kim Jeongseop, Head of ETF Division at Hanwha Asset Management, stated, "'PLUS US High Dividend Active' is a differentiated high-dividend solution that hedges against oil price risk through investments in the energy sector, while also providing dollar-based cash flows with attractive dividend yields."

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