Shipbuilding, Secondary Battery, and Power Sector ETFs Rally on AI-Driven Demand
The domestic equity fund and ETF markets have recently seen notable gains in the shipbuilding, secondary battery, and power sectors. Shipbuilding ETFs surged on the back of strong first-quarter earnings, increased demand for high-value vessels, and rising installation of power facilities for AI datacenters. Notably, the 'SOL Shipbuilding TOP3 Plus Leverage' ETF posted a 34.73% weekly return, while other shipbuilding ETFs also recorded significant gains. Secondary battery-related ETFs benefited from growing demand for energy storage systems (ESS) amid high oil prices and optimistic prospects for the electric vehicle sector, achieving returns in the 15% range. This trend is largely attributed to heightened volatility in oil prices due to Middle East tensions and a global restructuring of energy security.
Power sector ETFs have also demonstrated robust gains, inspired by increased electricity demand spurred by AI industry expansion. Products such as 'PLUS Solar & ESS', 'KODEX AI Power Core Facilities', and 'HANARO Power Facility Investment' outperformed in the recent period. In contrast, U.S. defense and aerospace sectors saw declines, indicating a shift in market focus towards AI-driven industries. Overall, the KOSPI advanced by over 4%, bolstered by semiconductor strength and foreign capital inflows, while overseas equity funds benefited from positive corporate earnings that drove the S&P 500 higher.
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