KOSEF US Quantum Computing ETF Surpasses 100 Billion KRW in Net Assets

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Kiwoom Asset Management announced on the 7th that the net assets under management (AUM) of the quantum computing exchange-traded fund (ETF) ‘KOSEF US Quantum Computing’ have surpassed 100 billion KRW.

According to the Korea Exchange, KOSEF US Quantum Computing's AUM reached 111.9 billion KRW as of the 6th. It was listed on December 17 last year with an initial size of about 7.5 billion KRW and exceeded 100 billion KRW in just 12 trading days. The ETF set an unusual record by selling all the initial listed shares within five minutes of the market opening on the listing day. It surpassed 50 billion KRW in AUM on the 26th of last month, just seven trading days after listing, and then exceeded 100 billion KRW again within five more trading days.

Investment funds searching for growth industries to lead the new year have concentrated on KOSEF US Quantum Computing. From the listing day to the 6th of this month, individual investors have net purchased KOSEF US Quantum Computing shares worth 71.8 billion KRW over 12 trading days.

The quantum computing industry has been on a steep upward curve since the second half of last year. This is due to the acceleration of quantum computing, which had long been considered to be in the laboratory research stage, moving toward commercialization. Catalysts include strong performance by IonQ, a leading quantum computing stock, accelerated quantum computing development by big tech companies such as Google and IBM, and potential benefits from the newly formed Trump administration. The world’s largest technology exhibition, CES 2025, has added a quantum computing section this year, raising expectations. This year, marking the 100th anniversary of the birth of quantum mechanics, is also designated by the United Nations as the ‘International Year of Quantum Science and Technology.’

KOSEF US Quantum Computing, the only quantum computing ETF in Korea, 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 6th, IonQ holds the largest share at 27.9%, followed by Marvell Technology (9.63%), Honeywell International (6.52%), NVIDIA (6.44%), and IBM (5.80%). Amazon (4.59%), Alphabet (4.52%), Microsoft (3.87%), and Palo Alto Networks (3.85%) are also among the top 10 holdings.

KOSEF US Quantum Computing includes major companies across the entire quantum computing value chain, from quantum computers and related hardware and infrastructure to 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 selection of investment targets is based on the ranking of companies by quantum computing-related keyword scores among the candidates under review. The portfolio may change over time to include companies that stand out in quantum computing-related businesses.

Jung Sung-in, head of the ETF division at Kiwoom Asset Management, said, "Quantum computing is a core industry that holds both economic value by accelerating innovation across various industries and strategic value as it is essential for national security." He added, "The KOSEF US Quantum Computing ETF will be a good option to enter early and pursue long-term growth in the quantum computing industry, which is expected to grow further centered on the U.S. in the Trump 2.0 era."