Returned 77% in over 4 months after listing

Photo = Provided by Shinhan Asset Management. 사진 확대 Photo = Provided by Shinhan Asset Management.

Shinhan Asset Management announced on the 16th that the “SOL US Quantum Computing TOP10” exchange-traded fund (ETF) has ranked first in the yield among all overseas equity ETFs since its listing.

SOL The US Quantum Computing TOP10 ETF has risen 76.93% since its listing on March 11 through July 15. This exceeds the average return (50.17%) of the four ETFs related to quantum computing.

As a result, individual investors’ buying is also concentrated. After listing, the net purchase amount of individuals is about 27 billion won, which is higher than other quantum computing-related ETFs.

The net assets of ETFs listed at 10 billion won increased to 56.6 billion won.

SOL US Quantum Computing TOP10 invests heavily in 10 companies that are leaders in the quantum computing industry. Looking at the incorporated stocks, there are Google, Liggeti Computing, D-Wave Quantum, and IonQ, with the top four stocks accounting for about 60% of the total portfolio.

Kim Jung-hyun, general manager of Shinhan Management’s ETF business, said, “Research on the quantum computing industry and differentiated stock composition strategies are key factors that make the difference in performance,” adding, “Since each ETF has a different number and weight of components, there can be a big gap in volatility and returns.”

Quantum computers are computers that operate using the physics laws of quantum mechanics such as superposition and entanglement, and can perform ultra-fast operations that surpass supercomputers.

Quantum computing can handle a large amount of information at a high speed, so it can be used in various fields such as artificial intelligence (AI), transportation, logistics, space, aviation, pharmaceutical, chemical, and finance, and is expected to become a “game changer” that will change the game of various industries.

“With no industry standard for technology methods yet set, diversified investment through ETFs is a way to mitigate risks in technology development and commercialization and invest efficiently in promising companies in the future,” General Manager Kim said, adding, “A strategy to balance representative companies in each method will be effective in finding new ten-baggers.”