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Kiwoom Securities Launches Korea Semiconductor ETF on NYSE Arca
Electronic Technology · Semiconductors · yonhap_finance · 2026-09-11
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Kiwoom Securities' US subsidiary is set to list the KCHP ETF on the NYSE Arca, providing American investors exposure to 20 major South Korean semiconductor firms.
What Happened
US Market Entry: Kiwoom Securities USA, a subsidiary of the South Korean brokerage, is launching an exchange-traded fund (ETF) focused on domestic semiconductor stocks on the NYSE Arca. This marks a significant milestone as it is the first time a Korean brokerage has listed an ETF under its own brand on the US stock market.
Fund Composition: The new ETF, trading under the ticker 'KCHP', tracks the Akros Korea Semiconductor Index. It invests in 20 major Korean semiconductor companies, including industry leaders like Samsung Electronics and SK Hynix, with an annual expense ratio of 0.65%.
Strategic Goals: The company aims to establish itself as a key player in the US, the world's largest ETF market, by consistently introducing products that meet local investor demand. Management emphasized that the focus is on building long-term trust and expanding the global investor base rather than pursuing short-term gains.
Industry Impact: This move signifies the growing global ambition of Korean financial institutions. By providing direct access to the Korean semiconductor sector, Kiwoom hopes to capture interest from international investors looking for specialized exposure to the Asian tech supply chain.