Mirae Asset Management's TIGER S&P 500 Exchange-Traded Fund (ETF) has exceeded 5 trillion won in individual net purchases this year.
According to data from the Korea Exchange, as of October 28, the ETF's net purchases by individual investors since the beginning of the year have reached 5.1823 trillion won.
This amount is the highest among domestic listed ETFs, including leveraged and inverse products, and it marks the first time that a single ETF has recorded annual individual net purchases exceeding 5 trillion won, the company stated.
In comparison to last year's individual net purchases of 3.6387 trillion won, this year's figure represents an increase of approximately 1.4 times. However, it is important to note that net purchases reflect the difference between the amount invested and the amount sold, indicating that purchases exceeded sales by about 5 trillion won.
This year, individual investors' buying activity has outpaced selling on more than 90% of the 200 trading days counted.
Other U.S. index-tracking products from Mirae Asset, including the TIGER NASDAQ 100 ETF and the TIGER Dow Jones Dividend ETF, have recorded individual net purchases of 2.3814 trillion won and 1.2998 trillion won, respectively. The combined total for these three products stands at 8.8635 trillion won.
The TIGER S&P 500 ETF tracks the S&P 500, the leading U.S. stock market index, allowing for diversified investment in 500 major companies listed on the U.S. stock market.
However, a high level of individual net purchases does not necessarily correlate with high returns. While net purchases indicate how much investors have bought, returns reflect the performance of the ETF based on price fluctuations and distributions during the period.
* This article has been translated by AI.
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