RISE Samsung Electronics SK Hynix Bond Mixed 50 (0162Z0) 🔎 In-depth

It follows the "KAP Samsung Electronics SK Hynix Bond Mixed 50 Index" calculated by KAP (Korea Asset Pricing). The index maintains a fixed split of half equities (Samsung Electronics 25%, SK Hynix 25%) and half bonds (an index of short-term government and monetary stabilization bond character), rebalancing daily to hold those proportions. The key point is that whenever one side rises or falls and the weights drift, it is pulled back toward a roughly 50/50 balance.

The price is driven by two forces together. The equity half fully reflects the moves of large-cap semiconductor stocks and tends to be quite volatile, while the bond half, being short-dated, sees only small price swings even as interest rates rise and fall. As a result, its day-to-day move tends to be roughly half that of a product holding only Samsung Electronics and SK Hynix. There is no FX-hedging issue: because it is made up solely of domestic assets, it is not affected by exchange rates.

This is a cushioned product tailored to the demand of "I want semiconductors, but with lower volatility." With bonds making up half the mix, its drawdown is relatively smaller even on days when share prices fall sharply. Conversely, when semiconductors rally strongly, its upside is more muted than a pure equity fund. Thanks to the bond-mixed structure, a major practical feature is that it is classified as a safe asset in retirement-pension (DC/IRP) accounts, allowing it to be held without the in-account weighting limits.

Since its listing in February 2026, demand for semiconductor exposure combined with demand for pension-account inclusion has driven net assets up quickly, reaching the ₩4 trillion range in just over four months from listing. That said, with the equity half tied to two semiconductor stocks, this ETF's price also came under pressure during the sharp semiconductor correction in mid-July 2026. The bond half can be seen as having eased part of that decline.

In a word, it mixes half Samsung Electronics and SK Hynix with half safe short-term bonds so that you are only "half in semiconductors." It is built for people who want to ride semiconductors while dampening the swings, and especially for those looking to hold it inside a pension account.