ETFs
Korean retail investors were active investors in overseas-listed ETFs in May
ETFGI, a leading independent research and advisory firm covering trends in the global ETF ecosystem, today reported that in May, 23 of the top 50 foreign securities purchased by Korean retail investors were listed ETFs in the United States and Japan. The number of ETFs on the list decreased by 2 from 25 in April 2024, decreased by 2 from 25 in March 2024, and remains the same as in February 2024.
Strong points
Top 10 foreign ETFs purchased in May
|
ETF Name
|
Purchase amount in USD
|
|
ETF DIREXION DAILY SEMICONDUCTORS BULL 3X SHS
|
1,611,409,971
|
|
DIREXION SHARES ETF TRUST DAILY
|
642 024 771
|
|
PROSHARES ULTRAPRO QQQ ETF
|
431 465 400
|
|
ETF GRANITESHARES 1.5X LONG NVDA DAILY
|
427,920,489
|
|
DIREXION DAILY TSLA BULL 1.5X SHARES
|
330 810 068
|
|
PROSHARES ULTRAPRO SHORT QQQ ETF
|
299,867,096
|
|
DIREXION DAILY 20 YEARS PLUS DRX DLY 20+ YEARS TREAS BULL 3X
|
186 208 412
|
|
GRNTSHR 1.5X ETF
|
144 315 353
|
|
BITCOIN STRATEGY ETF 2X
|
125,499,923
|
|
SPDR SP 500 ETF TRUST
|
121,803,282
|
Source, Korean Securities Depository. (All dollar values are in USD unless otherwise noted)
South Korea’s ETF industry had 1,251 ETFs, with assets of $116.89 billion, from 37 providers listed on the Korea Stock Exchange as of the end of May. According to ETFGI data, 26.1% of ETFs offer leverage or inverse exposure, accounting for 10.5% of South Korea’s ETF industry assets.
Looking at the global ETF industry, leveraged and inverse ETFs account for 9.6% of 12,321 products, but only US$137.96 billion of the US$12.89 trillion in assets under management at the end of May 2024.