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Samsung Asset Management announced on the 3rd that the net assets of the KODEX Secondary Battery Industry Listing Index Fund (ETF) exceeded KRW 1 trillion. It has been about six months since it surpassed 100 billion won in net worth in July of last year. This is the first ETF that has surpassed KRW 1 trillion in the rechargeable battery industry listed in Korea.
The KODEX rechargeable battery industry ETF is Korea’s first big data-based ETF, and it composes a stock by analyzing key keywords of the rechargeable battery industry from corporate disclosures and IR data. LG Chem(1,000,000 +3.63%)It consists of 24 items that lead the industry, including raw materials, equipment, parts, and manufacturing related to domestic secondary batteries.
The secondary battery industry is a key driver of the future energy industry, and demand is increasing in various fields such as electric vehicles, mobile Internet of Things (IoT) devices, and energy storage devices (ESS). It is supporting the development of the electric vehicle industry by continuing to provide subsidies for electric vehicles to reduce carbon emissions by governments. Accordingly, investors’ interest in rechargeable battery-related companies, which is the power source of the electric vehicle industry, also increased.
LG Chem SK Innovation(318,000 +0.16%) Samsung SDI(754,000 +0.27%)Companies that lead the domestic rechargeable battery industry, such as these, have recently shown strong and reported prices. The KODEX rechargeable battery industry ETF has been recording high returns of 105.28% since its establishment and 147.36% for the last year. This is 101.22 percentage points higher than the KOSPI index’s 1-year return of 46.14%.
“The KODEX rechargeable battery industry ETF, which invests in leading domestic rechargeable battery-related industries through big data, is a product that investors can even invest in related items that cannot be easily found.” “In particular, it is a more attractive product for investors who want to take a large share of large-cap stocks due to the high proportion of leading companies such as LG Chem, SK Innovation, and Samsung SDI.”
Song-ryul Lee, reporter of Hankyung.com [email protected]
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