Amidst sharp declines in the share prices of Samsung Electronics and SK Hynix, retail investors continued to buy large amounts of 2x leveraged ETFs, betting on a price rebound and aiming to profit through a "cost averaging" strategy.
According to data released by the Korea Exchange and ETF Check on July 17, from June 16 to July 15, individual investors made net purchases of seven SK Hynix single-stock leveraged ETFs, totaling 4.2386 trillion won; and seven Samsung Electronics single-stock leveraged ETFs, totaling 1.6119 trillion won. Simultaneously, foreign investors also increased their holdings in the two companies' leveraged ETFs, with net purchases of 859.5 billion won and 724.2 billion won respectively. In contrast, institutional investors opted to take profits or reduce their positions, with net sales of 5.1713 trillion won for SK Hynix-related products and 2.2671 trillion won for Samsung Electronics-related products. Including leveraged and inverse products, the 16 related single-stock ETFs saw a total net inflow of 7.3364 trillion won during the same period. Among them, the KODEX SK Hynix single-stock leveraged ETF saw the largest inflow of funds, with a net inflow of 3.4472 trillion won; followed by the KODEX Samsung Electronics single-stock leveraged ETF (1.5083 trillion won) and the TIGER SK Hynix single-stock leveraged ETF (1.4271 trillion won).
