'PLUS KOSPI50' Ranks First in 1-Year Returns Among KOSPI-Tracking ETFs

64.5% Allocation to Samsung Electronics and SK hynix

Responding to a Market Led by Major Stocks

The 'PLUS KOSPI50' Exchange-Traded Fund (ETF) from Hanwha Asset Management has delivered superior performance compared to ETFs tracking the KOSPI index.

According to the Korea Exchange, as of May 6, the PLUS KOSPI50 ETF recorded the highest cumulative returns among all ETFs tracking the KOSPI index, both over the past six months and one year (excluding leveraged and inverse ETFs). In particular, it outperformed the KOSPI200 index by 28.0 percentage points over the past year and by 8.1 percentage points over the past six months.

Hanwha Asset Management explained that this performance is attributable to its high allocation to large-cap semiconductor stocks. As of the previous day, the combined weight of Samsung Electronics and SK hynix within the PLUS KOSPI50 ETF was as high as 64.5%. Analysts note that this portfolio structure drove relative performance during a period in which expectations for the semiconductor industry and outlook for improved earnings in the Korean stock market increased.

From a business results perspective, the fundamental improvement of the KOSPI50 has been particularly notable. According to FnGuide, the consensus for this year's year-on-year earnings growth is 36.9% in revenue and 256.7% in operating profit for the KOSPI50, outpacing the KOSPI200's 26.1% revenue growth and 206.4% operating profit growth.

Kim Jungsub, Head of ETF Business Division at Hanwha Asset Management, commented, "Recently, the influence of large-cap stocks and leading sectors in the Korean stock market has increased, highlighting the relative strength of a more concentrated large-cap portfolio. The PLUS KOSPI50 ETF can be an efficient option for investors seeking exposure to Korea's leading companies."

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