SOL US Next Tech TOP10 Active ETF Surpasses 50 Billion Won in Net Assets

Published 21 Nov.2025 08:37(KST)

Shinhan Asset Management announced on November 21 that the 'SOL US Next Tech TOP10 Active ETF', which was listed at the end of last month, has surpassed 50 billion won in net assets.

The SOL US Next Tech TOP10 Active ETF is an exchange-traded fund that focuses on major companies representing next-generation growth themes in the United States' strategically nurtured industries, such as quantum computing, drones, space, artificial intelligence (AI) infrastructure, small modular reactors (SMR), and AI-powered biotechnology.

The ETF is characterized by its ability to proactively respond to the emergence of new tenbaggers amid structural changes, such as the start of the interest rate cut cycle and increased liquidity in the US, the expansion of the AI megatrend, and the ongoing US-China power rivalry.

Kim Giduk, Head of Quant & ETF Management at Shinhan Asset Management, explained, "Recently, the US stock market has undergone a correction due to debates over an AI bubble, delays in economic indicator releases caused by the US government shutdown, and heightened uncertainty over interest rate cuts." He added, "Small and mid-cap growth stocks, which are more sensitive to interest rates, experienced relatively larger corrections."

He continued, "With Nvidia's (NVDA) strong third-quarter results and raised fourth-quarter guidance, concerns over an AI bubble have eased. As issues such as power supply shortages at data centers come to the forefront, the overall tech sector has rebounded, and we expect the momentum of small and mid-cap growth stocks to gradually recover as well."

Recently, the US financial market has seen expectations for the end of the Federal Reserve's tightening and the start of an interest rate cut cycle in 2025 grow. There is a strengthening trend of capital inflows into small and mid-cap technology stocks with high growth potential.

The ETF is differentiated by its ability to quickly incorporate promising industries and companies through an active strategy in response to these market changes and technological paradigm shifts. Even amid recent market corrections, the fund has increased its allocation to memory semiconductor and optical module companies, where solid earnings growth has been confirmed. SanDisk (SNDK) and Lumentum Holdings (LITE) have delivered strong performance, benefiting from reduced supply and improved earnings momentum.

Currently, the main holdings include: ▲ Snowflake (8.4%) ▲ IonQ (7.1%) ▲ Cloudflare (7%) ▲ AeroVironment (6.9%) ▲ SanDisk (6.8%) ▲ Tempus AI (6.7%) ▲ AST SpaceMobile (6.6%) ▲ Rocket Lab (6.1%) ▲ Lumentum Holdings (5.8%) ▲ Bloom Energy (5.7%) ▲ D-Wave Quantum (5.6%).

Kim emphasized, "AI is still in the early paradigm stage, so debates over bubbles and profitability may continue to recur. In that process, companies that consistently deliver results will ultimately gain hegemony." He added, "We will manage the portfolio to selectively include the next tenbaggers that will stand at the center of future growth, based on in-depth research."

SOL US Next Tech TOP10 Active ETF Surpasses 50 Billion Won in Net Assets