Shinhan Asset Management Launches New SOL All-Solid-State Battery & Silicon Anode Material ETF

Shinhan Asset Management announced on the 7th that it will list the SOL Solid-State Battery & Silicon Anode Material Exchange-Traded Fund (ETF), which invests in next-generation secondary batteries and core material companies, on the Korea Stock Exchange as its first product of the year.

Solid-state batteries replace the conventional liquid electrolyte between the cathode and anode inside secondary batteries with a solid electrolyte. They are called dream batteries due to significantly improved safety and energy density compared to traditional lithium-ion batteries.

Silicon anode materials can store more lithium ions than conventional graphite anodes, greatly enhancing the battery's energy density and improving charging speed. Silicon anode materials, which offer high compatibility with existing batteries while significantly improving performance, are likely to become key materials in next-generation battery technologies such as solid-state batteries.

Kim Jeong-hyun, head of the ETF Business Division at Shinhan Asset Management, said, "Growth centered on the three major cell manufacturers has expanded the secondary battery market, and subsequently, secondary battery material companies focusing on cathode materials have gained attention amid industrial leadership competition among hegemonic countries and material localization issues. The growth engine of secondary batteries is likely to be in the next-generation battery sector going forward."

The SOL Solid-State Battery & Silicon Anode Material ETF consists of a total of 10 stocks. Major holdings include Samsung SDI, which is preparing for mass production targeting the earliest commercialization in 2027 among domestic cell companies, and Daejoo Electronic Materials, a leading producer of silicon anode materials. It also includes Isu Specialty Chemical, a lithium sulfide-based solid electrolyte company, and Nano New Materials, which has secured CNT conductive material technology for anodes.

Kim emphasized, "Just as semiconductors experienced last year, the secondary battery sector, currently in a phase of excessive stock price decline relative to earnings, will see a market rebound cycle. Compared to the highly advanced cathode materials, anode materials and solid-state batteries, which have not been highlighted until now and are considered next-generation batteries, will gain attention."