RISE US Nasdaq 100 (368590) 🔎 In-depth

The benchmark index is the NASDAQ 100, calculated by Nasdaq and made up of the top 100 large-cap names by market value among Nasdaq-listed companies, excluding the financial sector. Each constituent is weighted by market capitalization, so the larger a company, the bigger its weight, meaning the share moves of the biggest technology companies are heavily reflected in the index. The ETF follows the index through full physical replication, actually buying and holding the index constituents.

As a plain (1x, non-leveraged, non-inverse) ETF, it generally rises when the NASDAQ 100 rises and falls when it falls. However, because weight is high in a few large technology names, big moves in core names such as Nvidia and Apple make the index and this ETF move more sharply. It also holds US dollar assets, so it is affected by the exchange rate (FX-exposed): even if US stock prices are unchanged, its won-based value rises when the won-dollar rate rises and is pushed down when the rate falls. In other words, US technology share prices and the exchange rate work together.

This is a core ETF that captures the overall trend of US technology stocks in a single holding. Its strength is broad participation in high-growth large technology names, but in practice weight is concentrated in a handful of mega-caps, leaving it heavily exposed to their ups and downs. It gains momentum during technology rallies, while its drawdowns can be correspondingly larger when technology stocks correct or when conditions such as interest rates deteriorate. It is more technology-concentrated than an S&P 500-type fund that holds the broad market, so its volatility tends to be relatively high.

The closing price on July 13, 2026 was ₩32,650, down 0.4% on the day; net asset value (NAV) was ₩33,082 and assets under management (AUM) were about ₩1.63 trillion. The NASDAQ 100 benchmark closed at 29,264.1. Through 2026 the US market saw large technology names centered on AI and semiconductors pull the index higher, and the resulting increase in the index's dependence on a few top names is reflected directly in this ETF as well.

In short, it is a basket that holds 100 leading US technology stocks all at once. Large technology companies such as Apple, Nvidia and Microsoft are at its center, so it rises when US technology stocks rise and falls when they fall, and it is worth knowing that the exchange rate also plays a part.