Korean Chip Leveraged ETFs Drop Over 60% From Peak, Largest Fund Down 45% Since Listing
2026-07-14 11:47

Woofun AI reports that leveraged exchange-traded funds tracking major South Korean semiconductor firms have experienced a severe price correction since their late May listing. Prices for more than a dozen funds linked to Samsung Electronics and SK Hynix have nearly halved. The KODEX SK Hynix Single Stock Leveraged ETF, which holds $3.4 billion in assets, has declined approximately 45% since inception and dropped over 60% from its June peak. Jung In Yun, CEO of Fibonacci Asset Management, stated that the decline heavily impacts retail investors who mistakenly treat these instruments as long-term holdings rather than short-term trading tools. He noted that substantial losses may reduce retail buying power for semiconductor stocks, potentially increasing reliance on foreign institutional capital for market recovery.

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Jung In Yun
Fibonacci Asset Management
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