SOL Chosun TOP3 Plus ETF Tops Performance List
According to the July analysis, Shinan Asset Management's 'SOL Chosun TOP3 Plus' ETF, which focuses on investing in the shipbuilding industry, achieved an impressive return of 15.81%, topping the list of the top 10 domestic equity ETFs. This stellar performance was driven by key holdings such as HD Korea Shipbuilding & Offshore Engineering, Samsung Heavy Industries, and Hanwha Ocean, which posted surprise earnings in the second quarter, leading to significant stock price increases. Over the past month, this ETF has recorded a return of 19.10%, and an astonishing 58.36% over the last six months, ranking it first among the 873 listed ETFs in Korea.
The long-term bullish outlook for the shipbuilding industry and favorable market environment continues, with related equipment companies also benefiting. Kim Jung-hyun, head of ETF business division at Shinan Asset Management, noted that the shipbuilding boom is driving an increase in demand for ship equipment, with key investments in HD Korea Shipbuilding & Offshore Engineering, Samsung Heavy Industries, and HD Hyundai Heavy Industries. Simultaneously, the biotech and healthcare sectors also showed good performance, while individual investors predominantly bought U.S. equity ETFs, most of which recorded negative returns.
Related ETF
Related News
Shinhan Asset Management 'SOL Shipbuilding TOP3 Plus' Tops Short and Long Term Returns - Business PlusMajor domestic shipbuilders posted surprise performances in the second quarter, causing shipbuilding stocks to surge. Along with the mid- to long-term rise forecast due to entering the 'super cycle', the short-term stock price increase due to performance improvement is accompanying, making shipbuilding stocks the leading stocks in the domestic stock market in the second half of the year. Shinhan Asset Management announced on the 2nd that the 1-month and 6-month returns of 'SOL Shipbuilding TOP3 Plus' ETF, the only product that can focus on shipbuilding stocks, recorded 19.10% and 58.36%, respectively, ranking first among the 873 ETFs listed in Korea.
Neither Semiconductors Nor Nuclear... The No. 1 ETF in 6-Month Return - Financial News[Financial News] The only domestic shipbuilding-focused ETF has yielded nearly 60% returns in half a year. This is influenced by the surprising performance leading to rising stock prices of major domestic shipbuilders. According to the Korea Exchange on the 2nd, the 'SOL Shipbuilding TOP3 Plus' recorded a 6-month return (as of July 31) of 58.36%. Other ETFs include ACE America's Big Tech TOP7 Plus Leverage (synthetic), HANARO Nuclear iSele..
Related ETF
Shinhan Investment's Shipbuilding TOP3 Plus ranks first in short and long term returns - Money TodayAs major domestic shipbuilders recorded surprising results in the second quarter and concurrently surged, Shinhan Asset Management's 'SOL Shipbuilding TOP3 Plus' ETF, the only product that focuses solely on shipbuilding stocks, achieved excellent performance. As of the 31st, the 1-month and 6-month returns of the 'SOL Shipbuilding TOP3 Plus' ETF were 19.10% and 58.36%, respectively, leading among the 873 ETFs listed domestically.
Related ETF
Shinhan Management's 'SOL Korea Shipbuilding TOP3 Plus' Ranks First in Short-Term and Long-Term Returns - E DailyShinhan Asset Management announced on the 2nd that the short-term and long-term returns of the 'SOL Korea Shipbuilding TOP3 Plus' ETF recorded the highest among domestic ETFs. The one-month and six-month returns of this ETF were 19.10% and 58.36%, respectively, making it the highest among 873 ETFs listed in Korea. SOL...
Related ETF
'Manager Kim, who stayed when everyone else left the stock market, is now laughing alone'… The top performer in July is 'this stock' - Maeil Business NewspaperAn analysis of July ETF returns reveals that 9 out of the top 10 are domestic stock-type ETFs, with 'SOL Chosun Top3' leading in returns
Related ETF