The xETFs Korea AI Semiconductor ETF (NASDAQ:KSMH) launched on Wednesday at an interesting moment for the global AI semiconductor trade, when investors are questioning valuations, but demand for memory and AI infrastructure remains strong.
The actively managed ETF is designed to provide targeted exposure to 10 to 25 South Korean semiconductor companies. Samsung Electronics and SK Hynix Inc (NASDAQ:SKHY) are expected to account for about 38% of the initial portfolio, with the remainder spread across materials and equipment, manufacturing and packaging, substrates, PCBs and testing. The fund carries an expense ratio of 0.65%.
The timing matters because Korean chip stocks have just endured a dramatic reality check.
• What’s driving SKHY shares today?
Samsung, SK Hynix Face Huge Swings
