TIGER Cosmetics ETF Surpasses 60% Year-to-Date Return

Mirae Asset Global Investments announced on the 15th that the 'TIGER Cosmetics ETF' has surpassed a year-to-date return of 60%.

According to Koscom ETF Check, as of the 14th, the year-to-date return of the 'TIGER Cosmetics ETF' stands at 61.79%. The ETF has seen a sharp rise this year, driven by the strong performance of Korean cosmetics companies in the global market. As of the 14th, its net asset value is 277.2 billion won, making it the largest cosmetics investment ETF currently listed in Korea.

The TIGER Cosmetics ETF invests in Korean cosmetics companies leading the K-beauty trend. Notably, it also includes emerging indie brands (independent brands from small and medium-sized enterprises) that are setting trends, thus investing across the entire 'K-cosmetics' industry. As of the 14th, major holdings include Dalba Global, LG Household & Health Care, APR, and Kolmar Korea.

K-cosmetics are standing out in the global market by diversifying export destinations. For example, in the U.S. market, exports reached $1.7 billion in 2024, surpassing France for the first time to achieve the number one market share. Previously concentrated in China, exports are now being diversified to the U.S., Europe, Southeast Asia, and the Middle East, thereby strengthening competitiveness.

With expectations that K-beauty's growth momentum will continue, the TIGER Cosmetics ETF is anticipated to benefit over the long term. Indie brands in the portfolio, such as APR, VT, and Dalba Global, have recently signed a series of contracts with major retail chains, attracting attention. These companies are achieving meaningful results in both domestic and overseas markets, based on differentiated concepts and strong brand identities.

The TIGER Cosmetics ETF limits the weight of individual stocks to a maximum of 10% during its regular rebalancing, which occurs four times a year (in January, April, July, and October), in order to actively reflect the growth of the K-cosmetics industry. This is intended to prevent overconcentration in large-cap stocks such as Amorepacific, enhance diversification, and allow for broader inclusion of emerging indie brands. In the latest rebalancing, Dalba Global and Genic were newly added.

Jung Hyun Jeong, Head of ETF Management at Mirae Asset Global Investments, explained, "The reason the K-cosmetics industry today is different from ten years ago is that it no longer relies on a small number of countries like China, nor on a few brands such as Amorepacific and LG Household & Health Care." He added, "Through the TIGER Cosmetics ETF, which holds a high proportion of new cosmetics companies like APR, VT, and Dalba Global that have reshaped the domestic beauty market, investors can effectively invest in the expanding global value chain of K-cosmetics."