Samsung Asset Management's 'KODEX Renewable Energy Active' Tops One- and Three-Month Returns Among Energy ETFs

Samsung Asset Management announced on April 16 that the 'KODEX Renewable Energy Active' exchange-traded fund (ETF) ranked first in both one-month and three-month returns among 11 domestic energy ETFs listed in Korea (excluding leveraged ETFs).

As of April 15, the ETF posted a three-month return of 48.6%, outperforming its benchmark index (31.5%) by 17.1 percentage points. The one-month return also reached 13.1%, the highest among the 11 energy-related ETFs listed in Korea.

This ETF invests not only in conventional renewable energy industries such as solar, wind, hydrogen energy, and secondary batteries, but also in all eco-friendly technologies and related industries that contribute to carbon reduction. The strong returns have led to increased investment inflows, with individual net purchases totaling 32.7 billion won over the past month. In addition to short-term performance, it has shown outstanding performance by consistently outperforming its base index since its listing in 2021, recording a cumulative return of 369.7% and resulting in a steady increase in net assets.

This performance is attributed to the explosive power demand driven by the development of the AI industry and the instability of global energy supply. In particular, the portfolio strategy that proactively responded to the trend of 'on-site generation'—producing electricity directly near data centers—proved effective. Representative on-site generation sources include solar power, energy storage systems (ESS), and fuel cells. KODEX Renewable Energy Active raised its returns by timely increasing its holdings of stocks such as HD Hyundai Energy Solutions and Vinatech, which are expected to expand sales to the U.S., as well as SK EterNix, a beneficiary of government policies.

Kim Hyosik, Head of Fund Management Team 2 at Samsung Active Asset Management, said, "Although profit-taking in renewable energy-related stocks is expected immediately after the end of the war, the energy transition policies of major global economies and the expanding power demand from big tech (large IT companies) are structural trends that will continue." He added, "Given the robust power demand from big tech companies over the medium to long term, renewable energy ETFs are expected to continue growing in line with improvements in performance and new contract wins."

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