SOL Auto TOP3 Plus Surpasses 35% Return Since Beginning of Year

Shinhan Asset Management announced on January 20 that the 'SOL Auto TOP3 Plus' ETF surpassed a 35% return in just three weeks since the beginning of the year, driven by the rise in Hyundai Motor Group stocks.

The SOL Auto TOP3 Plus ETF recorded the highest returns among domestic automobile ETFs for key periods, with one-month, three-month, and six-month returns of 38.09%, 60.50%, and 84.20%, respectively. The strategy of focusing investments on core affiliates of Hyundai Motor Group, which is transforming from mobility to robotics, has translated into strong performance.

Thanks to these outstanding results, capital inflows have also accelerated. The net asset value of the SOL Auto TOP3 Plus ETF increased from 109.4 billion won at the end of last year to 202.3 billion won as of January 19, rising by about 90 billion won in just three weeks. During the same period, net purchases by individual investors exceeded 20 billion won, establishing the ETF as a leading investment product for Hyundai Motor Group core stocks based on its competitive performance.

By utilizing the SOL Auto TOP3 Plus ETF, investors can concentrate their investments in key affiliates as Hyundai Motor Group expands its business into future mobility areas such as robotics, smart factories, and autonomous driving based on physical AI. At the same time, it also includes major partner companies, making it suitable as a 'Hyundai Motor Physical AI Ecosystem ETF.'

The ETF invests approximately 76% of its assets in three companies: Hyundai Motor (27.59%), Hyundai Mobis (24.06%), and Kia (24.74%). Major partner companies such as Samsung Electronics, LG Electronics, Hyundai AutoEver, and HL Mando are also included in the portfolio.

Recently, Hyundai Motor Group has been accelerating its corporate transformation by expanding its business beyond automobiles into future mobility areas such as robotics, autonomous driving, and physical AI. Boston Dynamics recently unveiled its humanoid robot 'Atlas' and detailed plans for manufacturing process automation and robot commercialization.

Kim Junghyun, Head of ETF Business at Shinhan Asset Management, explained, "At the start of the year, Hyundai Motor Group demonstrated its commitment to fostering physical AI as a core industry encompassing robotics, smart factories, and autonomous driving, leading the market as the top stock in the robotics sector."

He added, "SOL Auto TOP3 Plus is the most efficient ETF for investing in Hyundai Motor Group, which, through Boston Dynamics, is the only traditional automaker to have internalized robot and humanoid technologies."