Significant Surge in Korea's ETF Market and Aerospace & Defense Sector Leadership

This week in Korea's ETF market, Mirae Asset Global Investments’ 'TIGER Space & Defense' ETF outperformed with a remarkable 19.37% increase. This surge is driven by the anticipated profit growth in both European and Korean defense companies. Additionally, steel-themed ETFs also exhibited strong performance. Samsung Asset Management's 'KODEX Steel' gained 12.42%, while Mirae Asset Global Investments’ 'TIGER 200 Steel Materials' rose by 11.24%, capturing investor attention.
Meanwhile, Hanwha Asset Management has emerged as a leader in the aerospace and defense ETF sector. The 'PLUS K-Defense' ETF has recorded a year-to-date return of 71.5%, positioning itself among the top performers, significantly influenced by Hanwha Ocean's impressive 115.5% YTD surge. Thus, Hanwha is expected to maintain its dominance in the aerospace and defense sectors in the coming period.
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[ETF of the Week] Mirae Asset Global Investments 'TIGER Space Defense' Soars Nearly 19%, Tops Growth Rate, Space Defense Theme Sweeps Top Spots - Business Post[ETF of the Week] Mirae Asset Global Investments 'TIGER Space Defense' Soars Nearly 19%, Tops Growth Rate, Space Defense Theme Sweeps Top Spots
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Quiet Defense ETFs of Mirae and Samsung... Hanwha Management Dominates - The Korea Financial NewsIn the aerospace and defense ETF sector, Hanwha Asset Management is leading alone. The rise in the stock prices of Hanwha's defense stocks also serves as a favorable factor for the management company. According to ETF CHECK by KOSCOM on the 7th, there are a total of 8 aerospace and defense ETFs listed domestically, and 3 of these are Hanwha Management's ETFs. They are also superior in quality. The flagship ‘PLUS K Defense’ has a YTD return of 71.5% this year, ranking first among aerospace and defense ETFs. It also has the most capital inflow and net assets using the same criteria. Hanwha Ocean underlies this excellent performance, with a YTD return of 115.5% during this entire KOSPI period.