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TIGER 200 (102110) 🔎 In-depth

Mirae Asset · Equity · Korea · Broad market · Price 2026.07.13 · Updated 2026-07-14

TIGER 200 is a flagship domestic market-index ETF listed by Mirae Asset Global Investments in April 2008, built to track the KOSPI 200 index directly. It holds the KOSPI market's 200 large-cap blue chips in a single basket, so that buying this one holding gives you the effect of investing broadly across the whole Korean stock market. With net assets of more than ₩9 trillion, it is a large ETF that also trades very actively.

Price as of 2026.07.13 close

Close₩108,805
Change-9.82%
NAV₩108,652
Premium / discount+0.14%
Market cap$6.5B
AUM (net assets)$6.5B
Volume5,315,243 shares
Turnover$397.9M
Benchmark indexKOSPI 200
Benchmark close1,078.78

Understanding this ETF

🎯What it tracks

It tracks the KOSPI 200 index calculated by the Korea Exchange (KRX). The KOSPI 200 is an index built by selecting 200 stocks from those listed on the securities (KOSPI) market that have large market capitalization, active trading and representativeness of their industries, and holding them at each stock's market-cap weight. It is calculated using the market capitalization on January 3, 1990 as a base of 100 points, and its constituents are regularly changed once a year around June. Put simply, it is the flagship yardstick representing "the average trend of Korea's large-cap stock market as a whole."

🌊How it moves

As a physically replicating, passive product that tracks the KOSPI 200 index at 1x, it rises when the index rises and falls when it falls, with no multiple effect such as leverage or inverse. Holding only domestic assets, it needs no separate FX-hedging and is not directly affected by exchange-rate moves. However, given the strong tilt to the top, on days when large-cap chip stocks such as Samsung Electronics and SK Hynix move sharply, the ETF's price is clearly affected as well.

🧭Profile & traits

It is the most basic "market-representative (core)" ETF, holding Korea's large-cap stock market broadly rather than concentrating on a specific theme or narrow industry. It is the type used when you want to track the market average without the burden of picking individual stocks one by one. It is one of the flagship products competing with the likes of KODEX 200, which tracks the same KOSPI 200 index.

📈Recent trend

At the July 13, 2026 close of ₩108,805, its move was about -0.10% on the day, and AUM (net assets) was about ₩9.8656 trillion. Behind the recent trend lies the strength of large-cap chip stocks such as Samsung Electronics and SK Hynix, and the composition shows that this has sharply raised the weight of the top two names.

💡In plain terms

In a word, it is a "buy the whole KOSPI 200" ETF in which buying this one holding spreads you across 200 flagship Korean large caps at once, including Samsung Electronics and SK Hynix. You just need to know that these days the two semiconductor stocks have grown so large in weight that it is especially driven by these two's moves.

Holdings & weights

Because larger-market-cap stocks carry larger weights, it is naturally tilted toward Korea's mega caps. Based on Mirae Asset's official constituents (PDF), the combined weight of the top two names, Samsung Electronics (32.72%) and SK Hynix (28.19%), exceeds 60%, so the recent strength in large-cap chip stocks has pushed the top-end concentration especially high. They are followed by flagship names in semiconductors, autos, financials and industrials, such as SK Square (2.95%), Samsung Electro-Mechanics (1.99%), Hyundai Motor (1.67%) and KB Financial (1.56%). Although it is spread across 200 stocks rather than any single company, the nature of the index means the moves of large-cap chip stocks are heavily reflected in overall performance.

HoldingWeight
Samsung Electronics00593032.72%
SK Hynix00066028.19%
SK Square4023402.95%
Samsung Electro-Mechanics0091501.99%
Hyundai Motor0053801.67%
KB Financial Group1055601.56%
Shinhan Financial Group0555501.23%
Kia0002700.97%
Samsung C&T0282600.96%
Hana Financial Group0867900.91%
Doosan Enerbility0340200.87%
Hanwha Aerospace0124500.84%
Hyundai Mobis0123300.83%
Samsung Life Insurance0328300.76%
Celltrion0682700.76%

As of 2026-07-14 · Source: Mirae Asset — official constituent disclosure (PDF)

Classification

Asset typeEquity
RegionKorea
CategoryBroad market
Use caseCore (broad market)
ManagementPassive
LeverageStandard
ReplicationPhysical
FX hedgeDomestic (N/A)
IssuerMirae Asset
Listed2008/04/03

Notes & cautions

ETF terms explained
NAV (net asset value)The real per-share value of the assets the ETF holds. The market price generally trades near this figure.
Premium / discountHow much the market price trades above (+) or below (−) NAV. The closer to 0%, the more fairly it is priced.
Tracking errorHow far the ETF's return drifts from its benchmark index. Smaller is better — it means the ETF follows the index closely.
AUM (net assets)The total pool of assets in the ETF. Larger AUM generally means smoother trading and a lower delisting risk.
Benchmark indexThe index the ETF aims to follow. The ETF's price reflects this index's moves.
Leverage / inverseLeverage products move at a multiple (e.g. 2x) of the index's daily move; inverse products move opposite to the index — the index falls, they gain. Both are volatile and mainly for short holding periods.
FX hedge / FX exposureFor overseas-asset ETFs, hedging the currency fixes returns against exchange-rate swings ((H) in the name); leaving it unhedged is FX exposure.

Korea FSC securities market-price API (data.go.kr) · ETF classification & tagging: our own descriptive categorization

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