11 South Korean Active ETFs Add SK Hynix ADR After Nasdaq Listing

Eleven South Korean overseas equity active ETFs have added SK Hynix American Depositary Receipts (ADR) following its Nasdaq listing, according to financial investment industry data as of July 16. The additions began on July 13, immediately after SK Hynix ADR commenced trading on the US exchange. All 11 ETFs invest in stocks listed on overseas exchanges including the United States. The Nasdaq listing removed a previous restriction that prevented domestic US-focused ETFs from directly holding SK Hynix, which trades only on the Korean exchange, forcing fund managers to substitute memory semiconductor exposure with companies like Micron.

Samsung Active Leads with Four ETF Additions

Samsung Active Asset Management added SK Hynix ADR to four ETFs, the most among asset managers. Timefolio Asset Management also included the ADR in four products, while AssetPlus Asset Management added it to two ETFs and Mirae Asset Asset Management to one. Samsung Active's KoAct Palantir Value Chain Active holds a 5.04% allocation, with the remaining three Samsung Active ETFs carrying allocations in the 2% range.

AssetPlus Posts Highest Allocation at 6.25%

AssetPlus Global First-Class Company Focus 10 Active recorded the highest allocation at 6.25%, followed by AssetPlus Global Master Craftsman Active at 5.44%. By total amount invested, Timefolio Asset Management's TIME Global AI Artificial Intelligence Active holds the largest position, allocating approximately 78.7 billion won (3.25%) to SK Hynix ADR. Mirae Asset's TIGER Global AI Active carries a 2.49% weighting.

KoAct Holds Both Korean and ADR Shares

Samsung Active's KoAct Global AI & Robot Active now holds both Korean-listed SK Hynix at 3.24% and SK Hynix ADR at 2.36%, creating dual exposure to the memory chipmaker. Industry observers note that the ADR listing has altered the investment landscape for overseas equity active products, as fund managers previously filled memory semiconductor allocations with alternatives such as Micron due to the inability to directly invest in Korean-listed SK Hynix.

FAQ

How many South Korean ETFs have added SK Hynix ADR? Eleven domestic overseas equity active ETFs have added SK Hynix ADR as of July 16, all beginning inclusion on July 13 following the ADR's Nasdaq listing.

Which asset manager has the most ETFs holding SK Hynix ADR? Samsung Active Asset Management and Timefolio Asset Management each have four ETFs holding SK Hynix ADR, the highest count among domestic asset managers.

What is the largest SK Hynix ADR position by amount invested? Timefolio Asset Management's TIME Global AI Artificial Intelligence Active holds approximately 78.7 billion won in SK Hynix ADR, representing a 3.25% allocation and the largest position by total amount among the 11 ETFs.