TIGER K-Defense & Space ETF Achieves Top Returns Over 3 Months

Mirae Asset Global Investments announced on the 19th that the 'TIGER K-Defense & Space ETF' ranked first in returns among all defense ETFs over the past three months.

According to Koscom ETF Check, as of the 18th, the 'TIGER K-Defense & Space ETF' posted a three-month return of 53.41%. This is the highest return among defense investment ETFs listed in Korea. The sharp rise is attributed to heightened global geopolitical tensions, including the ongoing Ukraine-Russia war and the recent Israel-Iran conflict, as well as the expansion of Korean defense industry exports. The ETF also invests in companies from the aerospace sector, a key area for the future defense industry, with expectations for long-term growth.

The TIGER K-Defense & Space ETF focuses on leading Korean defense companies such as Hanwha Aerospace, LIG Nex1, Hyundai Rotem, and Korea Aerospace Industries (KAI). Amid international instability, strengthening defense capabilities and expanding military power have become common policy directions for major countries worldwide. Korean defense companies are rapidly growing in the global market, signing large-scale export contracts with key regions such as Poland, the Middle East, and Southeast Asia, and increasing exports of products like the K9 self-propelled howitzer, FA-50 light combat aircraft, and Cheongung missile systems.

K-Defense is emerging as a mid- to long-term growth sector beyond short-term benefits, drawing increased investor interest in the TIGER K-Defense & Space ETF. According to the Korea Exchange, as of the 18th, the ETF's net assets stood at 205.1 billion won, surpassing the 200 billion won mark for the first time since its listing in July 2023.

Jung Hyun Jeong, Head of ETF Management at Mirae Asset Global Investments, stated, "Through the TIGER K-Defense & Space ETF, investors can focus on leading K-Defense companies as well as firms specializing in drones and low-orbit satellites, which are trends in modern warfare." He added, "As recent international developments have shown, the aerospace sector will drive the future of the defense industry, so attention should be paid to the TIGER K-Defense & Space ETF, which enables investment in both leading domestic defense companies and the aerospace industry."