From BigGo Finance · BigGo Finance · · 1m 20s
Shinhan SOL ETF Leads South Korean Market
Shinhan Asset Management's SOL ETF posts 22.76% three-month return, ranking first among South Korean equity ETFs.
In brief
Shinhan Asset Management's SOL ETF posts 22.76% three-month return, ranking first among South Korean equity ETFs. Shinhan Asset Management's SOL All-Solid-State Battery ETF achieved a 22.76% three-month return, outperforming the KOSPI by 39.66 percentage points. Originally reported by BigGo Finance.
SOL ETF Performance
Shinhan Asset Management's SOL All-Solid-State Battery & Silicon Anode ETF posted a 22.76% three-month return as of the 16th of this month.
Market Comparison
The ETF ranked first among South Korean equity ETFs excluding leveraged and inverse products, beating the KOSPI's -16.90% return by 39.66 percentage points.
Key Holdings
The ETF invests in Samsung SDI, LG Energy Solution, EcoPro BM, ISU Specialty Chemical, Lotte Energy Materials, and Daejoo Electronic Materials.
Battery Technology
All-solid-state batteries replace liquid electrolytes with solid materials to boost safety and energy density, with rising commercialization expectations.
LG Energy Solution
LG Energy Solution reported preliminary third-quarter operating profit of 756 billion won ($566.2 million), exceeding market expectations.
Samsung SDI Timeline
Samsung SDI aims to mass-produce all-solid-state batteries by 2027 through technology development and customer cooperation.
Government Support
South Korean government plans to support next-generation battery research and development worth 400 billion won ($299.6 million) over five years starting in 2027.
What matters most
Shinhan Asset Management's SOL All-Solid-State Battery ETF achieved a 22.76% three-month return, outperforming the KOSPI by 39.66 percentage points.
