FNGuide Index-Tracking "TIGER Semiconductor TOP10 ETF" Surpasses 3 Trillion Won in Net Assets

FNGuide, a leading private index provider in Korea, announced on January 6 that the net asset value of Mirae Asset Global Investments’ “TIGER Semiconductor TOP10” exchange-traded fund (ETF), which is managed based on its index, surpassed 3 trillion won as of January 5.

This achievement marks the first time that a single product tracking an FNGuide index has exceeded 3 trillion won in net assets among the 159 ETFs following FNGuide indices. The ETF now ranks as the sixth largest among domestic equity ETFs and is the largest domestic thematic ETF, excluding market-representative indices.

The “FnGuide Semiconductor TOP10 Index” tracked by the “TIGER Semiconductor TOP10” ETF is based on FNGuide’s proprietary industry classification system, FICS (FnGuide Industrial Classification Standard), and consists of the top 10 semiconductor industry stocks by market capitalization. The “TIGER Semiconductor TOP10 Leverage” ETF, which is also based on the same index, has recorded approximately 300 billion won in net assets, reflecting growing investor demand across the entire index.

Amid rapidly increasing investment demand for the semiconductor sector, driven by the global expansion of AI investments and expectations for a recovery in the semiconductor industry, this ETF delivered a return of 119% in 2025, outperforming the KOSPI index over the same period. This is attributed to the continued strong capital inflows from investors who view the semiconductor industry as a key growth theme.

In addition, various thematic and strategic ETFs such as Samsung Asset Management’s “KODEX Samsung Group,” Hanwha Asset Management’s “PLUS High Dividend Stocks,” and Shinhan Asset Management’s “SOL Shipbuilding TOP3 Plus” are also expanding their net asset sizes based on stable performance. As these products approach 2 trillion won in net assets, the overall market influence of products utilizing FNGuide indices is steadily increasing.

An official from FNGuide’s Index Business Division stated, “The growth in size of single-theme ETFs demonstrates both investor confidence in the industry and the structural soundness of the supporting index,” adding, “We will continue to contribute to the qualitative growth of the domestic ETF market by providing indices that precisely reflect market changes.”