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Global X Korea Semiconductor ETF Debuts on Tokyo Stock Exchange with 3.1% Gain
Electronic Technology · Semiconductors · yonhap_finance · 2026-09-09
000660, 005930
The 'Global X Korea Semiconductor Top 10' ETF launched on the Tokyo Stock Exchange, posting a 3.1% gain on its first day of trading, outperforming its domestic counterpart.
What Happened
Strong Market Debut: The 'Global X Korea Semiconductor Top 10' ETF successfully launched on the Tokyo Stock Exchange, closing at 1,030 yen, up 3.1% from its reference price. This performance surpassed the 2.4% gain seen in the corresponding domestic ETF on the same day.
Portfolio Composition: Managed by Mirae Asset's Global X, the fund focuses on ten major South Korean semiconductor firms, with a 25% allocation each to Samsung Electronics and SK Hynix. It tracks the FnGuide Semiconductor TOP10 index, adjusted for the yen-won exchange rate.
Trading Dynamics: While the first-day trading volume of approximately 2.3 billion won was significantly lower than the domestic market's volume, the price discrepancy between the two markets was attributed to differences in liquidity provider (LP) spreads and currency fluctuations.
Strategic Partnership: Global X Japan is a joint venture between Mirae Asset's Global X and Japan's Daiwa Securities Group. Mirae Asset holds a 50% stake in the entity, marking a significant step in providing Japanese investors with direct access to the Korean semiconductor industry.