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Leveraged chip ETFs lure W7tr in 1 month despite chip rout

The Korea Herald
Leveraged chip ETFs lure W7tr in 1 month despite chip rout

Single-stock leveraged exchange-traded funds tracking the country's top chipmakers drew more than 7 trillion won ($4.73 billion) in net inflows over the past month, even as the underlying shares tumbled amid a semiconductor selloff.

Sixteen single-stock leveraged ETFs tracking Samsung Electronics and SK hynix, including two inverse products, attracted a combined 7.34 trillion won in net inflows between June 16 and Wednesday, according to the Korea Exchange on Friday.

The Kodex SK hynix Single St ...

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