According to Hana Securities Research Center, several newly listed ETFs on June 25 are garnering attention. Here are four notable ETFs:
KODEX US AI Tech TOP 10
KODEX US AI Tech TOP 10 is an ETF that focuses on the top 10 key AI-related companies listed on the US stock market. This ETF features a portfolio composed of big tech companies that have shown outstanding performance through the application of AI technology. The ETF mainly targets companies within the Magnificent 7 (Microsoft, NVIDIA, Apple, Google, Meta, Amazon, Tesla) and AI5 (Microsoft, NVIDIA, TSMC, AMD, Broadcom). The weighting of the portfolio is determined by applying a 70:30 ratio of market capitalization weighting and LLM scoring methods to the qualifying stocks. Regular adjustments are made on the third Friday of March and September, with a total management fee of 0.30%.
TIGER US Nasdaq 100 +15% Premium Ultra Short-term
This ETF uses the US Nasdaq 100 as its benchmark index and aims to provide an annual dividend payout of around 15%. By using specific covered call strategies, this ETF ensures premium payments and monthly dividends. It employs a strategy of selling daily options expiring the next day to secure funds for the targeted dividend payout. There is an annual stock replacement and four adjustments to the weighting, while options undergo daily settlements and new option sales. The total fee applied is 0.25%.
SOL Financial Holdings Plus High Dividend
The SOL Financial Holdings Plus High Dividend ETF comprises 10 financial holding companies listed on the domestic stock market and offers monthly dividend payments. This ETF focuses on financial holdings and the financial sector, which are increasing corporate value through shareholder return policies such as stock buybacks and increased dividend rates. Financial holding companies are filtered based on their shareholder return policies, and the weighting is determined by reflecting the expected total dividend payout for the current year’s common shareholders. If the number of qualifying stocks is less than 10, the filtering target is expanded to the entire financial sector. Currently, KB Financial, Shinhan Financial Group, Hana Financial Group, Woori Financial Group, and Meritz Financial Group dominate the portfolio. Regular adjustments are made in April and October each year, with a cap rate of 20% for financial holding companies and 5% for financial sector selections. The total fee is 0.30%.
SOL Money Market Active
SOL Money Market Active is a representative short-term bond-type ETF operated similarly to MMF. The portfolio is designed to maintain an average remaining maturity of less than 120 days, with bonds rated AA- or higher and maturing within six months, CD, KOFR, and Call selected as targets. Daily position changes are made for general bonds, and commercial paper, short-term bonds, and CDs have their regular adjustments on the first business day of each month. The total fee applied is 0.05%.
These ETF products provide various portfolio options suitable for investors with different strategies and goals.
