ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reported today that 58% of the top 50 overseas securities purchased by Korean retail investors in September were ETFs listed in the United States and Japan. In September, 29 of the top 50 overseas securities purchased by Korean retail investors were ETFs listed in the United States and Japan. The number of ETFs on the list were up by 1 from 28 in August 2024, it is up by 2 from 27 in July 2024, and it is up by 3 from 26 in June 2024. (All dollar values in USD unless otherwise noted)
Highlights
- Seventeen of the twenty-nine ETFs on the top 50 list provide leverage or inverse exposure.
- The largest purchase was US$2.52 billion of the Direxion Daily Semiconductors Bull 3X SHS ETF listed in the United States.
Top 10 overseas ETF purchased by Korean retail investors in September 2024
|
ETF Name |
Purchase Amount in USD |
|
DIREXION DAILY SEMICONDUCTORS BULL 3X SHS ETF |
2,518,704,059 |
|
DIREXION SEMICONDUCTOR BEAR 3X ETF |
1,623,793,316 |
|
DIREXION DAILY TSLA BULL 2X SHARES |
720,775,325 |
|
GRANITESHARES 2.0X LONG NVDA DAILY ETF |
718,711,993 |
|
PROSHARES ULTRAPRO QQQ ETF |
416,375,733 |
|
DIREXION DAILY 20 YEAR PLUS DRX DLY 20+ YR TREAS BULL 3X |
406,636,271 |
|
PROSHARES ULTRAPRO SHORT QQQ ETF |
341,190,564 |
|
SPDR SP 500 ETF TRUST |
340,814,809 |
|
ISHARES 20+ YEAR TREASURY BOND ETF |
231,740,123 |
|
INVESCO QQQ TRUST SRS 1 ETF |
185,957,252 |
Source, Korea Securities Depository.
The ETF industry in Korea has 1,295 products, with assets of $133.25 Bn, from 37 providers listed on the Korea Exchange at the end of September. According to data from ETFGI, 26.18 percent of the ETF provide leverage or inverse exposure which account for 9.34% of the assets in the ETF industry in Korea.
Asset Growth in ETFs industry in Korea ETF as of the end of September
