'SOL US Tech TOP10' Surpasses 300 Billion Won in Net Assets with Palantir Newly Added

Shinhan Asset Management announced on January 14 that the net assets of the 'SOL US Tech TOP10' ETF have surpassed 300 billion won.

Amid heightened volatility in the stock prices of major US big tech companies due to US tariff issues, the US-China trade dispute, and debates over an AI bubble, net purchases by individual investors over the past year reached 76.6 billion won.

The SOL US Tech TOP10 ETF is a product that allows individual investors to invest in leading US big tech companies-now considered essential holdings in pension accounts-at a low annual fee of 0.05%. Demand from investors utilizing tax-advantaged accounts such as pension plans and ISAs has remained steady, supporting stable growth.

The ETF consists of 10 stocks: Nvidia (NVDA), Google (GOOGL), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Meta (META), Broadcom (AVGO), Tesla (TSLA), Netflix (NFLX), and Palantir (PLTR).

In the recent regular rebalancing in December, T-Mobile (TMUS) was excluded, and Palantir, a global software company providing AI-based big data analysis and operations platforms, was newly included.

The SOL US Tech TOP10 ETF is designed to allow investors to efficiently diversify their investments into core companies of the evolving big tech ecosystem by regularly reviewing and adjusting its holdings to reflect shifts in industry leadership.

Over the past six months, Google (87.65%), Apple (23.25%), and Broadcom (29.24%) have seen significant gains, and the SOL US Tech TOP10 ETF recorded a six-month return of 26.34%. Since its listing in May 2024, its cumulative return has reached 67.46%.

Kim Junghyun, Head of ETF Business at Shinhan Asset Management, explained, "Although the US stock market showed strong upward momentum from the beginning of the year, the emergence of US-China tensions and concerns over an AI bubble have weakened market sentiment and increased volatility."

He added, "Large-scale AI-related investments by big tech companies may spark short-term overheating debates, but since the spread of AI is structurally underway, it is important to be mindful of volatility while maintaining investment principles from a mid- to long-term perspective."

Alongside the big tech-focused 'SOL US Tech TOP10', Shinhan Asset Management also operates the 'SOL US Next Tech TOP10 Active ETF', which invests in core companies within next-generation growth themes such as quantum computing, aerospace, AI infrastructure, nuclear power, and AI bio-industries strategically fostered in the US.