Korean retail investors continue to be active purchasers of overseas listed ETFs in January
Press Release
LONDON — February 23, 2024 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that in January, 25 of the top 50 overseas securities purchased by Korean retail investors were ETFs listed in the United States and Japan. The number of ETFs on the list is down by 1 from 26 in December. (All dollar values in USD unless otherwise noted)
Highlights
- Fourteen of the twenty-five ETFs on the top 50 list provide leverage or inverse exposure.
- The largest purchase was US$1.47 billion of the Direxion Daily Semiconductors Bull 3X SHS ETF listed in the United States.
Top 10 overseas ETF purchased in January 2024
ETF Name |
Purchase Amount in USD |
DIREXION DAILY SEMICONDUCTORS BULL 3X SHS ETF |
1,468,758,144 |
DIREXION DAILY SEMICONDUCTOR BEAR 3X ETF |
676,305,292 |
PROSHARES ULTRAPRO QQQ ETF |
420,662,345 |
DIREXION DAILY 20 YEAR PLUS DRX DLY 20+ YR TREAS BULL 3X SPLR 953438320 US25459W5408 |
311,330,723 |
PROSHARES ULTRAPRO SHORT QQQ ETF |
303,036,129 |
DIREXION DAILY TSLA BULL 1.5X SHARES |
222,767,683 |
PROSHARES TRUST II ULTRA BLOOMBERG NTURL (R/S) SPLR 948514771 US74347Y8701 |
190,070,182 |
T-REX 2X LONG TESLA DAILY TARGET ETF |
159,952,521 |
DIREXION DAILY FTSE CHINA BULL 3X SHARES |
151,122,160 |
INVESCO QQQ TRUST SRS 1 ETF |
130,125,120 |
Source, Korea Securities Depository.
The ETFs industry in South Korea has 1,199 products, with assets of $104 Bn, from 37 providers listed on the Korea Exchange at the end of January 2024. According to data from ETFGI, 27.1 percent of the ETFs provide leverage or inverse exposure which account for 12.2% of the assets in the ETFs industry in South Korea.
Looking at the global ETFs industry, leverage and inverse ETFs account for 9.80% of the 11,975 products but only $128.49 Bn of the $11.73 trillion in assets under management at the end of January 2024.
Asset Growth in South Korean ETF and ETP as of the end of January 2024
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
Registration is open for all of our 2024 ETFGI Global ETFs Insights Summits!
- 5th Annual ETFGI Global ETFs Insights Summit - Europe & MEA – April 9th in London Register
- 5th Annual ETFGI Global ETFs Insights Summit - Latin America – May 28th in Mexico City Register
- 5th Annual ETFGI Global ETFs Insights Summit - Asia Pacific – September 11th in Hong Kong Register
- 5th Annual ETFGI Global ETFs Insights Summit – U.S. – October 29th in New York City Register
- 6th Annual ETFGI Global ETFs Insights Summit - Canada – November 27th in Toronto Register
The ETFGI Global ETFs Insights Summits are designed to provide the opportunity for traders, portfolio managers, and advisors at buyside institutional investor and financial advisors to examine how ETFs are being traded, selected, and used and hear about the most current regulatory, index, product trends: active, bitcoin, crypto, ESG, thematic and trading developments that are impacting investors.
These events will bring together leaders from across the ETF industry, including ETF sponsors, exchanges, broker-dealers, institutional investors, regulators, and other market participants.
? All sessions are recorded, you will receive links to all sessions after the event
? CPD educational credits
? Free registration for buy side institutional investors and financial advisors
If you can't attend on the day, register anyway and you'll receive recordings of all the sessions.
Register to attend our upcoming events in 2024:
- 5th Annual ETFGI Global ETFs Insights Summit - Europe & MEA – April 9th in London Register
- 5th Annual ETFGI Global ETFs Insights Summit - Latin America – May 28th in Mexico City Register
- 5th Annual ETFGI Global ETFs Insights Summit - Asia Pacific – September 11th in Hong Kong Register
- 5th Annual ETFGI Global ETFs Insights Summit – U.S. – October 29th in New York City Register
- 6th Annual ETFGI Global ETFs Insights Summit - Canada – November 27th in Toronto Register
ETFGI (www.ETFGI.com) has for over 12 years offered a database and factsheets for all ETFs and ETPs listed globally, published monthly research reports covering trends in the global ETFs ecosystem, provided consulting services and educational events.
If you are interested in sponsoring or speaking at any of our upcoming events or have any questions, please contact us deborah.fuhr@etfgi.com and margareta.hricova@etfgi.com.