🚨 BREAKING: Semiconductor ETFs Dominated South Korea's Worst Performers in July
• Korea Exchange data published on August 4 showed that, excluding leveraged and inverse products, eight of the ten worst-performing domestic ETFs in July were linked to the semiconductor sector.
• SOL AI Semiconductor TOP2 Plus led the losses, plunging 38.15%, followed by ACE K Semiconductor TOP2+ (-36.25%) and SOL Semiconductor Front-End Process (-35.97%).
• ETFs with overseas semiconductor exposure also recorded steep declines as investors reacted to sharp losses in U.S. chip stocks and growing concerns that the global semiconductor cycle may have peaked.
• The only non-semiconductor ETFs in the bottom ten were aerospace-focused funds: KODEX US Aerospace (-37.81%) and TIGER US Space Technology (-35.96%), both of which count SpaceX as their largest holding.
$SKHY $KORU
• Korea Exchange data published on August 4 showed that, excluding leveraged and inverse products, eight of the ten worst-performing domestic ETFs in July were linked to the semiconductor sector.
• SOL AI Semiconductor TOP2 Plus led the losses, plunging 38.15%, followed by ACE K Semiconductor TOP2+ (-36.25%) and SOL Semiconductor Front-End Process (-35.97%).
• ETFs with overseas semiconductor exposure also recorded steep declines as investors reacted to sharp losses in U.S. chip stocks and growing concerns that the global semiconductor cycle may have peaked.
• The only non-semiconductor ETFs in the bottom ten were aerospace-focused funds: KODEX US Aerospace (-37.81%) and TIGER US Space Technology (-35.96%), both of which count SpaceX as their largest holding.
$SKHY $KORU