TIGER Korea Dividend Dow Jones ETF Achieves 37.5% Return Since Listing

Mirae Asset Global Investments announced on December 17 that the 'TIGER Korea Dividend Dow Jones ETF' has recorded a return of nearly 40% since its listing, ranking first in performance among monthly dividend high-dividend stock ETFs.

According to DataGuide, as of December 16, the TIGER Korea Dividend Dow Jones ETF, which was listed on May 20, posted a cumulative return of 37.5% since its listing. This is the highest return among monthly dividend high-dividend stock ETFs listed in Korea during the same period.

The TIGER Korea Dividend Dow Jones ETF is a monthly dividend ETF that invests in 30 high-quality high-dividend stocks, selected based on dividend yield, dividend growth rate, return on equity (ROE), and cash flow to debt ratio. The ETF’s underlying index is the 'Dow Jones Korea Dividend 30 Index,' which applies the core methodology of the SCHD (Schwab U.S. Dividend Equity ETF), a favorite among domestic investors, to the Korean market.

Stocks are selected from those that have paid dividends for at least 10 consecutive years, considering their comprehensive rankings in dividend growth rate over the past five years, dividend yield, cash flow to debt ratio, and return on equity (ROE).

The TIGER Korea Dividend Dow Jones ETF invests not only in stocks with high dividend yields but also in high-quality stocks with strong fundamentals. By considering both quality and dividends, it avoids the pitfalls of investing in temporarily high-yielding stocks with low sustainability, and instead aims for steady growth in both share price and dividend income.

Jung Hyun Jeong, Head of ETF Management Division at Mirae Asset Global Investments, stated, "When market uncertainty rises, dividends and quality become a solid support for investors. The TIGER Korea Dividend Dow Jones ETF provides predictable cash flow through its monthly distribution structure, while also aiming for long-term competitive performance."