Samsung Asset Management's "KODEX US S&P500 Active" Achieves 60% Return Since Listing

The "KODEX US S&P500 Active" Exchange Traded Fund (ETF) from Samsung Asset Management, celebrating its first anniversary of listing, has demonstrated outstanding excess returns, recording a yield of over 60% and outperforming the market.

On April 22, Samsung Asset Management announced that the one-year return of "KODEX US S&P500 Active" was 60.3%. This is 17.8 percentage points higher than the return of the S&P500 index over the same period. Its short-term performance also stands out, with a one-month return of 8.4%, a three-month return of 9.8%, and a six-month return of 15.6%, marking it as the top performer among S&P500 active ETF products in its peer group. Over the past year, the fund outperformed the S&P500 index in nine months. Notably, the average excess return during the months it outperformed was +1.80 percentage points, while the average underperformance in the months it lagged behind the index was limited to -0.51 percentage points, effectively defending against losses.

KODEX US S&P500 Active is an active ETF that makes concentrated investments in approximately 100 key stocks that constitute the US S&P500 index, dynamically adjusting sector and stock allocations depending on market conditions.

The core of its management strategy lies in "concentrated investment" and "agile response." Rather than holding all 500 stocks in the S&P500 index, KODEX US S&P500 Active builds its portfolio by selecting around 100 key stocks with the highest contribution to returns. Instead of mechanically following market capitalization rankings, the portfolio is actively adjusted to reflect market trend changes.

In terms of stability, the correlation coefficient with the S&P500 index reached 0.95, meaning the fund closely tracks the index’s movements while maximizing the benefits of an active strategy to generate additional returns. When macroeconomic issues arise, the fund flexibly adjusts its allocation to manage risk. For example, even in February this year, when the S&P500 index declined, this ETF showed a slight increase, demonstrating the effectiveness of its active strategy. In addition, the fund benefited from preemptively investing in stocks expected to be added to the index, capturing gains as their prices rose.

Han Donghun, manager at Samsung Asset Management, said, "KODEX US S&P500 Active has proven that it can generate excess returns in a systematic and sustainable way while maintaining the reliability of the leading US index. Going forward, we will do our best to avoid excessive trading focused on specific stocks and continue to pursue stable and consistent excess returns, so that investors can enjoy greater compound benefits over the long term, without deviating significantly from the primary objective of investing in the US S&P500 index."

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