TIGER US S&P 500 (360750) 🔎 In-depth
Mirae Asset · Equity · United States · Broad market · Price 2026-08-06 · Analysis 2026-07-14
This is an exchange-traded fund (ETF) built to track the US flagship stock index, the S&P 500, directly. Buying just this one product has the effect of holding a little of each of about 500 large US companies such as Apple, Microsoft, and Nvidia. It is managed by Mirae Asset and replicates the index using a physical method, actually buying and holding the underlying US stocks.
This page organises public pricing and fund data for information purposes. It is not a recommendation to buy or sell, nor investment advice. Fees and distributions follow the manager's official disclosures and may change. Please verify with the fund manager's own materials and decide at your own responsibility.
Price as of 2026-08-06 close
USD values (market cap, AUM, turnover) are converted from KRW at ₩1,423.5 per US$ (2026-08-07); won figures are as reported. Market cap is listed units × market price, while AUM is the fund's net asset value — the two are close but not identical.
Returns & tracking as of 2026-08-06
| Period | ETF (NAV) | Index |
|---|---|---|
| 1M | -4.73% | +2.75% |
| 3M | +2.65% | +8.19% |
| 6M | +8.70% | +13.41% |
| 1Y | +25.43% | +21.51% |
| 3Y | +86.29% | +70.63% |
The ETF is priced in KRW NAV while the index is the provider's local-currency price index; currency moves can separate the two, so excess return and tracking error are not shown. Source: data.go.kr securities market-price API.
Fees & distributions
Fees prior fiscal year · Mirae Asset official disclosure
Distributions Source: Mirae Asset distribution notice·KRX
Distributions vary with fund performance; paying out more than income can reduce principal.
Understanding this ETF
The tracking target is the US S&P 500 index. The S&P 500 holds about 500 leading large US companies listed on the US market by the size of their market capitalization (a company's total value), and is widely used as a yardstick representing the entire US stock market. Because a bigger company takes a larger share of the index, a small number of mega-cap companies have a large influence on the index's moves.
Fundamentally, when the US S&P 500 index rises overnight this ETF rises, and when it falls it falls with it, moving at 1x (no leverage). On top of this, one more thing is added — because this product is 'FX-exposed' and does not FX-hedge, the KRW/USD exchange rate is also reflected in returns directly. That is, even if the US index is unchanged, if the dollar strengthens against the won (a rise in the exchange rate) the won-converted value rises and becomes a positive factor, and conversely if the dollar weakens (a fall in the exchange rate) it becomes a negative factor. Ultimately the final return is set by combining 'the movement of the US index + the movement of the KRW/USD exchange rate.'
As a market-representative product that invests broadly and diversifies across the entire US market, it is often used as a basic backbone (core) asset for long-term holding. Spread across 500 names, individual-company risk is reduced, but it takes on two sources of fluctuation together: the volatility inherent in US stocks and exchange-rate movements. In particular, because it does not FX-hedge, it is best approached with an understanding that performance can diverge from the US index depending on the direction in which the exchange rate moves.
In a word, it is an 'ETF that holds America's 500 leading companies at once, in dollars.' Think of it as tracking the US market's ups and downs, while the KRW/USD exchange rate is layered on top and rises and falls with it.
Composition
The character of the composition is a 'bundle of large US blue chips.' The weights of large tech companies such as Apple, Microsoft, Nvidia, Amazon, Alphabet (Google), Meta, Broadcom, and Tesla are especially large, followed by leading companies across various sectors such as financials, healthcare, and consumer goods entering broadly. Spread across 500 names, the risk of concentration in one company is low, but the weights of the top few tech stocks are large, a structure in which their share prices heavily drive the index's trend. The exact inclusion weights of individual stocks can be checked as of each business day in the constituents list (PDF) on the official product page of Mirae Asset's TIGER ETF.
Classification
Notes & cautions
- As an FX-exposed product that does not FX-hedge, KRW/USD exchange-rate movements are reflected in returns directly (dollar strength = a positive factor, dollar weakness = a negative factor).
- With large weights in the top few large tech stocks, the trend of their share prices has a large influence on the movement of the index and this ETF.
- The individual constituents and weights are most accurately checked as of the latest reference date in the constituents list (PDF) on the official product page of Mirae Asset's TIGER ETF.
ETF terms explained
Korea FSC securities market-price API (data.go.kr) · ETF classification & tagging: our own descriptive categorization
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