Success Stories of Mirae Asset's TIGER and Global X ETFs
Mirae Asset Management's TIGER ETF has gained significant popularity among individual investors in the Korean ETF market, maintaining the top spot in personal market share for 45 consecutive months. By the end of July, individual investors' holdings amounted to 28.9 trillion KRW, accounting for 41.8% of the total market. Particularly, there has been a surge in interest in overseas equity and thematic ETFs, pushing the total individual net purchases to exceed 4 trillion KRW. The TIGER U.S. S&P500 ETF recorded the highest net purchase among these in the first half of the year.
Mirae Asset's U.S. subsidiary, Global X, reported remarkable performance with its Global X Defense Tech (SHLD) ETF, boasting a 65.3% return since the start of the year. This ETF stands out by incorporating 35% European companies, delivering double the returns compared to other defense ETFs. It also invests in next-generation defense stocks and AI-based data analytics firm Palantir, selecting stocks based on revenue related to defense technology. Mirae Asset is focusing on developing 'killer products' leveraging its global network, recently launching an AI-based corporate bond ETF as part of its innovative product strategy.
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Mirae Asset Management, Standing Tall in the U.S.... Global Defense ETF SHLD's High Yield PerformanceMirae Asset Management is solidifying its market position, thanks to the outstanding performance of its U.S.-based ETF management subsidiary, Global X. The 'Global X Defense Tech (SHLD)' launched by Global X has distinguished itself with a year-to-date yield nearly double that of other products. According to Mirae Asset Management on the 26th, the year-to-date yield of SHLD was recorded at 65.3% as of the 5th of this month. During the same period, ▲iShares US Aerospace & Defense (year-to-date yield 35.8%) ▲SPDR S&P Aero