KODEX US Growth Covered Call Active Newly Listed

A new covered call exchange-traded fund (ETF) is set to be listed, offering investors the opportunity to benefit from the strong upward momentum of leading U.S. tech growth stocks, while also capturing the unique monthly dividends characteristic of covered call strategies.

Samsung Asset Management announced on December 22 that it will list the 'KODEX US Growth Covered Call Active' ETF on the 23rd. This ETF aims to deliver monthly dividends by investing in highly profitable U.S. tech growth stocks and employing a flexible option-selling strategy.

Since the advent of the AI era, the global industry landscape has been reorganized around high-growth tech companies with rapidly increasing profits. In 2025, the U.S. stock market has been driven by the growth of AI-based tech, shaping overall market trends. Both the financial markets and the real economy have focused on the long-term growth potential of tech companies, a trend that is accelerating alongside advancements in AI technology. However, tech growth stocks are also highly volatile, making volatility management essential.

KODEX US Growth Covered Call Active is a product that allows investors to pursue monthly dividends by investing in highly profitable tech growth stocks while employing a flexible option-selling strategy. It is the Korean version of 'QDVO (Amplify CWP Growth & Income ETF),' a product recognized in the U.S. for its flexible covered call strategy.

This ETF invests in leading U.S. tech growth stocks that have driven the global market with strong cash flow and profit growth, and employs a strategy that seeks high option premiums by leveraging their relatively high volatility. It uses the Nasdaq 100 Index as its benchmark and includes major U.S. tech companies with clear profit growth, such as Nvidia, Google, and Apple, as well as next-generation growth stocks like Rocket Lab, which has recently attracted attention in the aerospace sector.

In particular, Samsung Asset Management collaborates with CWP (Capital Wealth Planning), a U.S.-based advisory firm specializing in option strategies, to flexibly adjust the proportion of option selling. During major bull markets, the option allocation is minimized to focus on the price appreciation of tech growth stocks. In sideways or bear markets, the strategy seeks to generate option premiums through strategic option selling, aiming for solid long-term returns. Additionally, the ETF will employ both active option strategies and active equity strategies to proactively respond to rapidly changing tech trends.

Previously, in September 2022, Samsung Asset Management launched 'KODEX US Dividend Covered Call Active,' the Korean version of the popular U.S. product 'DIVO,' which attracted significant investor attention, recording a net purchase of 684.8 billion KRW by individuals this year alone. With this new listing, Samsung Asset Management has completed its U.S. active covered call package lineup, covering both 'dividend growth (DIVO)' and 'tech growth (QDVO)'.

Furthermore, by including both products in a portfolio, investors can establish a system to receive dividends twice a month. The existing KODEX US Dividend Covered Call Active (focused on dividend growth stocks) pays a 'mid-month dividend' with the 15th of each month as the record date, while the newly listed KODEX US Growth Covered Call Active (focused on tech growth stocks) pays a 'month-end dividend' with the last day of each month as the record date.

Song Ahyun, a representative of Samsung Asset Management, stated, "This product is suitable for investors who want to manage volatility while following the momentum of tech growth stocks, which are currently leading the market. By combining the existing dividend-oriented product with this new growth-oriented product, investors can establish a smart investment strategy that captures stability, growth, and two monthly cash flows."