SOL Automobile TOP3 Plus: ETF Investing in Hyundai Motor Group Stocks Transforming Through Physical AI

The humanoid robot 'Atlas' from Boston Dynamics was unveiled at CES 2026, marking the full-scale launch of Hyundai Motor Group's 'Robot·Physical AI' strategy. As expectations for a structural reevaluation across the group grow, the 'SOL Automobile TOP3 Plus' ETF, which includes key affiliates with significant weight, is drawing attention as a direct beneficiary ETF.

Shinhan Asset Management announced on January 9 that the SOL Automobile TOP3 Plus ETF recorded a 38.79% return over the past three months. The six-month and one-year returns were 51.78% and 57.46%, respectively.

The SOL Automobile TOP3 Plus ETF recently surpassed 100 billion KRW in net assets. Over the past month, its net assets increased by more than 30 billion KRW, reaching around 120 billion KRW. The ETF invests about 75% of its portfolio in Hyundai Motor (26.48%), Hyundai Mobis (24.77%), and Kia (23.93%), and also includes partners such as Samsung Electronics, LG Electronics, Hyundai AutoEver, and HL Mando.

Hyundai Motor Group declared its transformation into a Physical AI specialist company, going beyond automobiles, at CES 2026 in Las Vegas, USA. Shares of Hyundai Motor, Hyundai Mobis, Hyundai AutoEver, Kia, and other group companies are showing strong performance. The market is increasingly optimistic that Hyundai Motor Group's strategy to expand beyond automobiles into robotics, autonomous driving, and AI-based next-generation manufacturing could lead to a reevaluation of its valuation.

Hyundai Motor Group has taken concrete steps to become a leader in Physical AI by sending more than 100 top executives-including presidents of major affiliates, regional heads, and vice presidents-to attend CES 2026. Its U.S. subsidiary Boston Dynamics demonstrated the next-generation electric humanoid robot 'Atlas' and the quadruped robot 'Spot.' It has also reportedly discussed AI partnership collaborations with Google DeepMind, Nvidia, Qualcomm, Samsung Electronics, and LG Electronics.

Kim Junghyun, Head of ETF Business at Shinhan Asset Management, explained, "Hyundai Motor Group's commitment to expanding into a future-oriented manufacturing company based on robotics, autonomous driving, and AI is leading to a structural reevaluation across the group."

He added, "Boston Dynamics has announced a partnership with Google DeepMind and is expanding commercialization cases by supplying quadruped robots to various industries. We expect competition in the humanoid robot market to intensify going forward."

Kim further commented, "The SOL Automobile TOP3 Plus ETF allows for concentrated investment in Hyundai Motor Group's core affiliates as it expands into Physical AI, while also investing in major partners. It can serve not only as an automobile ETF but also as an ETF for the Hyundai Motor Physical AI ecosystem."