Major Shifts and Growth Trends in the Korean ETF Market

Bolstered by strong domestic equity markets, KB Asset Management reclaimed its position as the third-largest ETF provider by AUM after nine months. Leveraging ETFs focused on semiconductors and power equipment, KB Asset’s assets soared to 32.47 trillion KRW, surpassing Korea Investment Management, which slipped to fourth place due to its concentration on US big tech amid recent underperformance in that space. Industry analysts anticipate fierce competition between the two as long as the domestic market rally continues.
Meanwhile, Tiger Portfolio Asset Management and NH-Amundi Asset Management posted significant advances among second-tier firms, driven primarily by the exceptional performance of key ETFs. Tiger Portfolio’s AUM reached 7.03 trillion KRW for a 7th place ranking, while NH-Amundi climbed to 8th with 6.54 trillion KRW. Notably, the ‘TIME Global AI Active ETF’ delivered an impressive 41.46% return, signaling the importance of selective and strategic product offerings for smaller players.
Kiwoom Asset Management, on the other hand, dropped to 9th place despite the KOSPI’s overall ascent. By focusing on volatility management and diversified ETFs, Kiwoom failed to fully capitalize on the market uptrend, resulting in its market share falling to 1.40% and underperformance in AUM and trading volume compared to peers. This outcome highlights the short-term drawbacks of a conservative management strategy during a rising market.
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Samsung Electronics and Power ETFs Succeed… KB Asset Management Overtakes Hanwha to Reclaim 3rd PlaceWith the strong showing in the domestic stock market, the winners in the Exchange-Traded Fund (ETF) market have also shifted. KB Asset Management, leading with semiconductor, power equipment, and pension-type ETFs, has pushed out Hanwha Investment & Securities to reclaim the 3rd place in net ETF assets after nine months. Hanwha, which has a strong lineup centered on U.S. big tech, has focused its resources primarily on domestic stock funds.
[ETF League Table] [April 2026] Forward March of Tier Two…Time · NH One Step Ahead - Deal Site③ Boost in NAV and capital influx from core product performance...Overtaking Kiwoom for a ranking reversal
[ETF League Table] Just Managing Volatility During Bull Market… Kiwoom Slips to 9th Place - DealSite② While Competitors Increase Assets Over 2 Trillion, Kiwoom's Halves… Prepares Aggressive Lineup Including US AI Tech
