KOSEF US Quantum Computing ETF Surpasses 50 Billion KRW in Net Assets Within 7 Trading Days of Listing

Kiwoom Asset Management announced on the 27th that the net assets under management (AUM) of Korea's first quantum computing exchange-traded fund (ETF), ‘KOSEF US Quantum Computing,’ have surpassed 50 billion KRW.

According to the Korea Exchange, KOSEF US Quantum Computing's AUM reached 55.7 billion KRW as of the 26th. It was listed on the 17th with approximately 7.5 billion KRW in size and grew 7.4 times in just 7 trading days. KOSEF US Quantum Computing set an unprecedented record by selling out its initial listing volume within 5 minutes of market opening on the listing day and then rapidly grew in a short period. This is the second product in the domestic ETF market this year to surpass 50 billion KRW in AUM within 10 trading days after being listed with a size under 10 billion KRW.

Individual investors focusing on the growth potential of the quantum computing industry are concentrating their funds. From the listing day on the 17th to the 26th, over 7 trading days, individual investors net purchased KOSEF US Quantum Computing worth 39.9 billion KRW.

KOSEF US Quantum Computing invests in 20 companies headquartered in North America and listed on U.S. stock exchanges that are engaged in quantum computing-related businesses. As of the 26th, IonQ holds the largest weight at 26.77%, followed by Marvell Technology (9.65%), Honeywell International (6.57%), NVIDIA (6.51%), and IBM (5.85%). Amazon (4.70%), Alphabet (4.65%), Microsoft (4.03%), and Palo Alto Networks (4.01%) are also among the top 10 holdings.

KOSEF US Quantum Computing encompasses key companies across the entire quantum computing value chain, from quantum computing hardware and infrastructure, including quantum computers, to related software and services. It features a balanced portfolio of quantum technology-specialized startups like IonQ and big tech companies that are expanding their quantum computing businesses based on advanced technology. The constituent companies are selected in order of their quantum computing-related keyword scores among the investment candidates, so the portfolio may change over time to include companies that stand out in the quantum computing business at different periods.

Jung Sung-in, head of the ETF division at Kiwoom Asset Management, said, "Quantum computing, regarded as a future game changer, is expected to be highlighted as a core industry in the Trump 2.0 era in the U.S.," adding, "Using ETFs allows investors to easily enter the quantum computing industry early and seek the benefits of its growth."