Shinhan Asset Management noted on the 16th that the 'SOL U.S. Quantum Computing TOP10' exchange-traded fund (ETF) ranked first in overall revenue among overseas stock ETFs just four months after its listing.
Since the listing of this ETF, the revenue rate has reached 76.93%, significantly surpassing the average revenue rate of 50.17% for four related ETFs.
As a result, there is also a growing buying trend among individual investors. Since the listing, the net buying amount by individuals has reached approximately 27 billion won, marking first place among related products. Additionally, the net worth of the ETF, listed with a scale of 10 billion won, has now increased to 56.6 billion won.
Kim Jeong-hyun, head of the ETF business at Shinhan Asset Management, explained, 'Research on the quantum computing industry and a differentiated stock composition strategy are key factors in creating performance differences,' adding, 'Since the number and weight of constituent stocks differ for each ETF, there may be significant gaps in volatility and revenue as well.'
'SOL U.S. Quantum Computing TOP10 ETF' focuses on investing in 10 corporations in the quantum computing industry. Looking at the included stocks, there are Google (Alphabet), Rigetti Computing, D-Wave Quantum, IonQ, among others, with the top four stocks accounting for about 60% of the total portfolio.
Kim noted, 'In a situation where there is still no industry standard for the technology method, diversified investment through ETFs is a way to mitigate risks in the process of technological advancement and commercialization and invest efficiently in promising future corporations,' adding, 'A strategy that balances representative corporations by each method will be effective in finding new ten-baggers.'