Shinhan Asset Management rebalanced its 'SOL AI Semiconductor TOP2 Plus' exchange-traded fund (ETF) on the 15th, adding five semiconductor equipment stocks — Wonik IPS, Daeduck Electronics, PSK, VM, and TES — while removing LG Innotek, ISC, RFHIC, Korea Circuit, and Exicon. The rebalancing reflects increased capital expenditure by major memory semiconductor companies including Samsung Electronics, SK Hynix, and Micron, along with potential growth in front-end equipment orders. The ETF has become a leading domestic semiconductor investment product, growing from 11 billion won at its March listing to approximately 6 trillion won in net assets, with individual investors' cumulative net purchases reaching 3.4198 trillion won — the highest among domestic semiconductor ETFs.
Shinhan Asset Management Adds Five Semiconductor Equipment Stocks in ETF Rebalancing
The newly added stocks comprise Wonik IPS at 3.03%, Daeduck Electronics at 2.93%, PSK at 2.60%, VM at 1.71%, and TES at 1.65% of the portfolio. Following the regular rebalancing based on the underlying index methodology, major holdings are weighted as follows: SK Hynix 25.75%, Samsung Electronics 24.84%, SK Square 16.20%, Samsung Electro-Mechanics 15.04%, and ISU Petasys 5.56%.
Wonik IPS supplies equipment for memory and foundry processes. PSK has secured global customers centered on dry strip equipment. VM is pursuing overseas customer expansion and next-generation etching equipment development. TES is evaluated to have key earnings momentum from mass production entry of new equipment related to high bandwidth memory (HBM) processes.
SOL AI Semiconductor TOP2 Plus ETF Grows to 6 Trillion Won in Assets
SOL AI Semiconductor TOP2 Plus is a representative semiconductor ETF product that gained popularity in the domestic market. Since its new listing in March with 11 billion won in scale, it has grown to approximately 6 trillion won in net assets. Individual investors' cumulative net purchases amount to 3.4198 trillion won. This figure corresponds to the first place in cumulative net purchases by individuals among domestic semiconductor ETFs (based on Korea Exchange data as of the 14th).
Rebalancing Reflects Memory Sector Capital Expenditure Expansion
Shinhan Asset Management determined that major memory companies are pursuing facility expansion to respond to customer demand, and capital expenditure is highly likely to continue. Particularly, high-specification memory requires large wafer area for production and has high process difficulty, so actual production capacity expansion may be limited compared to increased capital expenditure.
Kim Jung-hyun, head of Shinhan Asset Management's ETF business group, stated, "This regular change reflected front-end equipment companies with increased potential for earnings improvement due to expanded capital expenditure by memory semiconductor companies in the portfolio."
FAQ
What did Shinhan Asset Management do on the 15th?
Shinhan Asset Management rebalanced its 'SOL AI Semiconductor TOP2 Plus' ETF on the 15th by adding five semiconductor equipment stocks (Wonik IPS, Daeduck Electronics, PSK, VM, TES) and removing five stocks (LG Innotek, ISC, RFHIC, Korea Circuit, Exicon). The rebalancing reflects increased capital expenditure by major memory semiconductor firms.
How much have individual investors purchased of the SOL AI Semiconductor TOP2 Plus ETF?
Individual investors' cumulative net purchases of the SOL AI Semiconductor TOP2 Plus ETF amount to 3.4198 trillion won, ranking first among domestic semiconductor ETFs as of the 14th according to Korea Exchange data. The ETF has grown from 11 billion won at its March listing to approximately 6 trillion won in net assets.
