SpaceX news puts space and aerospace ETFs at the top, while semiconductors lose momentum
Last month, 29from the day to the previous 3day, U.S. space and aerospace-related products ranked among the top domestic-listed exchange-traded funds (ETFs). SOL U.S. SpaceAerospaceTOP10 rose 18.71%, while SpaceX gained 5.72% over the same period. Semiconductor-related ETFs were weak amid concerns about excessive investment in artificial intelligence.
From the day of last month, 29to the 3day, U.S. space and aerospace-related products ranked among the top performers in the domestic exchange-traded fund (ETF) market. News of SpaceX expanding its business areas was cited as the reason for the concentrated investor interest.
The top performer, 1SOL U.S. SpaceAerospaceTOP10, gained 18.71%. Next, KODEX U.S. SpaceAerospace rose 17.62%.
TIGER U.S. Space Tech gained 15.96%, while ACE U.S. Space Tech Active rose 14.98%.
During the same period, SpaceX's share price rose 5.72%. Based on the tally, each ETF's weighting in SpaceX was 24.42% for SOL and 22.18% for KODEX.
This tally excludes leveraged and inverse products, as well as securities with an average daily trading volume of less than 100,000 weeks. The tally is based on 7 month 5.
By contrast, semiconductor-related securities performed relatively poorly amid concerns over excessive investment related to artificial intelligence. The article reported that the weakness in the semiconductor sector and the strength in the aerospace sector diverged during the same period.
Sources: 파이낸셜뉴스 증권
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