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Shinhan Asset Management's 'SOL Cosmetics TOP3 Plus' ETF Hits 47% Monthly Return
Consumer Non-Durables · Household/Personal Care · yonhap_finance · 2026-09-02
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The 'SOL Cosmetics TOP3 Plus' ETF has achieved a 47.3% return over the past month, ranking first among all ETFs in Korea due to strong sector performance.
What Happened
Top-Tier Performance: Shinhan Asset Management's 'SOL Cosmetics TOP3 Plus' ETF recorded a 47.3% return over the past month, making it the top-performing ETF among 1,152 products listed in Korea. This performance highlights the resilience and growth of the cosmetics sector amid broader market volatility.
Investment Strategy: The ETF focuses approximately 60% of its assets on three key players in the cosmetics value chain: Silicon2, Kolmar Korea, and APR. The portfolio also includes other major companies with significant global revenue, such as Cosmax and Amorepacific.
Earnings-Driven Growth: The surge in stock prices is supported by tangible financial results rather than mere speculation. Major ODM firms like Kolmar Korea and Cosmax have reported record-breaking quarterly revenue and operating profits, confirming a structural shift and growth in the K-Beauty industry.
Strong Inflows: Driven by these stellar results, the ETF has seen consistent inflows from retail investors. Net assets have grown by over 58 billion KRW in the past month, surpassing 123 billion KRW, reflecting sustained investor confidence in the sector.