1Q US Aerospace Tech ETF Surpasses 300 Billion Won in Net Assets
Hana Asset Management announced on January 21 that the "1Q US Aerospace Tech ETF," which was listed on November 25 last year, has surpassed 300 billion won in net assets.
Since the beginning of this year, the 1Q US Aerospace Tech ETF has recorded a cumulative net purchase of 137.9 billion won by individual investors.
The 1Q US Aerospace Tech ETF is the first ETF in Korea to focus on leading companies in the US space and aerospace technology sector. It allocates approximately 16% each to Rocket Lab and Joby Aviation, with the remaining 68% invested in key related companies such as Palantir, GE Aerospace, AST SpaceMobile, and Archer Aviation. The proportion of Rocket Lab in the portfolio is the highest among all ETFs listed in Korea. In the event of a SpaceX IPO, the 1Q US Aerospace Tech ETF plans to immediately include SpaceX at the maximum allocation.
The 1Q US Aerospace Tech ETF achieved a return of about 55% within eight weeks of its listing. This performance is attributed to expectations surrounding SpaceX's planned IPO this year, which is projected to be worth approximately 1.5 trillion dollars (about 2,200 trillion won), as well as the formalization of the Golden Dome Project, which has driven significant price increases in space-related stocks such as Rocket Lab, Intuitive Machines, AST SpaceMobile, and GE Aerospace.
CEO Kim Taewoo stated, "With SpaceX's IPO planned for this year, we expect the aerospace industry to attract significant attention and growth going forward," adding, "We will continue to launch differentiated ETFs unique to the 1Q ETF lineup."
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