Shinhan Asset Management announced on the 15th the regular rebalancing of its 'SOL AI Semiconductor TOP2 Plus' exchange-traded fund (ETF). The rebalancing added five front-end equipment companies — Wonik IPS, Daedeok Electronics, PSK, VM, and TES — while removing LG Innotek, ISC, RFHIC, Korea Circuit, and Exicon. The changes reflect anticipated increases in equipment orders driven by capital expenditure expansion among major memory semiconductor companies including Samsung Electronics, SK Hynix, and Micron. The Korean Stocks ETF launched in March with 11 billion won in assets and has since grown to approximately 6 trillion won, ranking first among domestic semiconductor ETFs for individual investor net purchases in 2025 at 3.4198 trillion won.
Shinhan Asset Management Rebalances SOL AI Semiconductor TOP2 Plus ETF
Shinhan Asset Management conducted the regular rebalancing of the 'SOL AI Semiconductor TOP2 Plus' ETF on the 15th. The rebalancing added Wonik IPS, Daedeok Electronics, PSK, VM, and TES to the portfolio. Five holdings were removed: LG Innotek, ISC, RFHIC, Korea Circuit, and Exicon. According to Shinhan Asset Management, the rebalancing reflects capital expenditure expansion by major memory semiconductor companies and the resulting increase in front-end equipment orders.
ETF Assets Grow to 6 Trillion Won Since March Launch
The 'SOL AI Semiconductor TOP2 Plus' ETF launched in March with 11 billion won in assets. Since launch, the fund has grown to approximately 6 trillion won, establishing itself as a leading domestic semiconductor ETF. Individual investors have made cumulative net purchases totaling 3.4198 trillion won since the ETF's listing. The fund ranks first among domestic semiconductor ETFs for individual cumulative net purchases in 2025.
Post-Rebalancing Portfolio Allocations Announced
Following the rebalancing, SK Hynix holds the largest allocation at 25.75%, followed by Samsung Electronics at 24.84%. SK Square accounts for 16.20%, Samsung Electro-Mechanics 15.04%, and ISU Petasys 5.56%. The newly added holdings comprise Wonik IPS at 3.03%, Daedeok Electronics at 2.93%, PSK at 2.60%, VM at 1.71%, and TES at 1.65%.
New Holdings Target Front-End Equipment Market
Wonik IPS supplies equipment for memory and foundry processes. PSK has secured global customers centered on dry strip equipment. VM is pursuing expansion of overseas customers and development of next-generation etching equipment. TES is evaluated for its mass production entry of new equipment related to HBM processes.
Kim Jung-hyun, head of Shinhan Asset Management's ETF business group, stated: "This regular rebalancing reflects front-end equipment companies with high potential for performance improvement due to capital expenditure expansion by memory semiconductor companies. Going forward, we plan to maintain the core investment structure of the TOP2 stocks, Samsung Electronics and SK Hynix, according to the underlying index methodology, while adjusting holdings and weightings through regular rebalancing in line with market and industry changes."
Kim added: "We will do our best in management to maximize customer returns and investment benefits by constructing the portfolio according to the product's investment strategy and underlying index methodology and stably managing the quote environment."
FAQ
Q1: Which companies did Shinhan Asset Management add to the SOL AI Semiconductor TOP2 Plus ETF on the 15th?
A1: Shinhan Asset Management added five companies: Wonik IPS, Daedeok Electronics, PSK, VM, and TES. These front-end equipment companies were selected to reflect capital expenditure expansion by major memory semiconductor firms.
Q2: What are the largest holdings in the ETF after rebalancing?
A2: After rebalancing, SK Hynix holds 25.75%, Samsung Electronics 24.84%, SK Square 16.20%, Samsung Electro-Mechanics 15.04%, and ISU Petasys 5.56%. The five newly added companies hold combined allocations totaling 11.92%.
Q3: How much have individual investors purchased of the ETF since its March launch?
A3: Individual investors have made cumulative net purchases totaling 3.4198 trillion won since the ETF launched in March. The fund ranks first among domestic semiconductor ETFs for individual cumulative net purchases in 2025.
