'SOL KOSDAQ TOP10' ETF Newly Listed... Focused Investment in Leading Companies

Focusing on Leading Companies in Key KOSDAQ Growth Themes
Expected to Benefit from the 150 Trillion Won “National Growth Fund”

Shinhan Asset Management announced that it will list the “SOL KOSDAQ TOP10” exchange-traded fund (ETF), which focuses on investing in 10 leading companies on the KOSDAQ market, on May 19, 2026.

The SOL KOSDAQ TOP10 ETF invests in top companies from major growth themes driving the KOSDAQ market, including secondary batteries, bio and healthcare, robotics, AI, and semiconductor materials, components, and equipment.

The main constituents of the “SOL KOSDAQ TOP10 ETF” are: in the secondary battery sector, Ecopro and Ecopro BM; in the robotics sector, Rainbow Robotics and Robotis; in the semiconductor materials, components, and equipment sector, Leeno Industrial, Wonik IPS, and EO Technics; and in the bio sector, Alteogen, ABL Bio, and Peptron. The underlying index selects 10 stocks from the KOSDAQ constituents based on average daily free-float market capitalization, with a maximum of three stocks per sector.

Recently, while the KOSPI has shown strong performance, the KOSDAQ market has been relatively neglected by investors. In particular, continued inflows into large-cap KOSPI stocks such as Samsung Electronics and SK hynix have resulted in the KOSDAQ market remaining undervalued, despite policy momentum and expectations for a recovery in growth industries.

Kim Jeonghyun, Head of the ETF Business Group at Shinhan Asset Management, stated, “Last year, the government announced measures to enhance trust and innovation in the KOSDAQ market and has been pursuing regulatory improvements to strengthen the competitiveness, normalize supply and demand, and improve market confidence in the KOSDAQ. If policy support improves the participation environment for institutional investors and long-term funds, we expect this will also change the supply-demand structure of the KOSDAQ market.”

The 150 trillion won “National Growth Fund” is also expected to serve as a mid- to long-term investment momentum. The National Growth Fund aims to provide large-scale support to innovative industries such as AI, semiconductors, robotics, mobility, bio, and secondary batteries, increasing the likelihood that leading related companies in the KOSDAQ will benefit.

Kim further explained, “As the supply-demand structure of the KOSDAQ market normalizes, a favorable environment is likely to develop around large-cap stocks with high accessibility for institutional and foreign investors. The SOL KOSDAQ TOP10 ETF is a suitable option for investors who want to invest not just in a single theme, but across the key growth themes that are driving the KOSDAQ market.”

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