Space Industry ETFs Grabbing Attention of Domestic Investors
Recently, space industry-related ETFs have been garnering attention in the domestic stock market. Hanwha Asset Management's 'PLUS Space & UAM' ETF has shown a remarkable performance with a 55.25% return over the past month, attracting considerable market interest. Simultaneously, Mirae Asset Global Investments' 'TIGER K-Defense & Space' ETF is being lauded for its exceptional performance, recording a staggering 227.79% annual return. These impressive results have led to substantial net asset inflows, with the 'PLUS Space & UAM' ETF reaching net assets of 190 billion KRW.
The trend is not limited to the domestic market. The U.S.-focused 'TIME Global Space Tech & Defense Active' ETF reported a 11.66% return in the past month, further establishing its presence in the global market. Experts advise caution, citing the possibility of short-term corrections after such steep price increases.
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