Net Assets Increase 24% Annually for Past 5 Years
The Korea Exchange announced on Feb. 7 that a total of 539 ETFs were listed in the domestic market and the total net assets of the ETFs were 71.9024 trillion won as of Feb. 4. “The figures were 450 and 51.7123 trillion won at the end of 2019, edged up to 468 and 52.0365 trillion won in 2020, and jumped to 534 and 73.9675 trillion won in 2021,” it said.
For the past five years, the total net assets showed an average annual increase of 24 percent. According to those in the industry, the total net assets are expected to be close to 90 trillion won at the end of this year.
Active stock ETFs in particular are showing a rapid growth this year. This market began to expand in May last year, when four companies launched eight active stock ETFs at once.
It is the U.S. ETF market that is leading the growth of the global ETF market. According to market research firms, the total net assets of U.S. ETFs jumped from US$3.371 trillion to US$4.396 trillion in 2019 and to US$5.449 trillion in 2020.