Shinhan Asset Management announced on the 14th that the net assets of the "SOL US Tech TOP10" ETF exceeded 300 billion won. Net purchases by individual investors have reached 76.6 billion won over the past year amid growing volatility in stock prices of U.S. big tech companies, including U.S. tariff issues, U.S.-China trade disputes and AI bubble debates.
SOL US Tech TOP10 ETF consists of 10 stocks including Nvidia (NVDA), Google (GOOGL), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Meta (META), Broadcom (AVGO), Tesla (TSLA), Netflix (NFLX), and Palantir (PLTR).
Last month, T-Mobile (TMUS) was selected through regular changes, and Palantir, a global software company that provides AI-based big data analysis and operation platforms, was newly incorporated.
"The U.S. stock market, which had been on a strong rise since early this year, has weakened market sentiment and expanded volatility due to the emergence of conflicts between the U.S. and China and concerns over AI bubble theory," said Kim Jung-hyun, head of Shinhan Asset Management's ETF business. "Although large-scale investments in AI by big tech companies may be accompanied by overheating controversy in the short term, it is important to pay attention to volatility as AI spreads structurally, but maintain investment principles from a mid- to long-term perspective."
While Google (87.65%), Apple (23.25%), and Broadcom (29.24%) have risen significantly over the past six months, SOL US Tech TOP10 ETF's six-month yield also hit 26.34%. Since going public in May 2024, the cumulative return has been 67.46%.
