RISE US S&P 500 (379780) 🔎 In-depth

The benchmark index is the 'S&P 500,' calculated by S&P, which selects 500 high-quality US large-caps and holds them by market-cap weight. Representative companies across sectors such as information technology, financials, healthcare and consumer are broadly included, so it reflects the US economy as a whole. Each constituent is market-cap weighted, so the bigger the company, the more its share moves are 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 S&P 500 rises and falls when it falls. Because it is spread across 500 names, swings caused by any single stock are relatively muted, but as the weight of top large-cap technology names has grown, big moves in them affect the whole index. 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.

This is a core ETF that captures the overall trend of the US market in a single holding, widely used to participate broadly in leading US companies over the long term. Broad diversification is a strength, but recently the growing weight of a few top large-cap technology names has made that 'diversification' feel weaker than before. It is less technology-concentrated than a Nasdaq 100-type fund, so its volatility is relatively muted, but it can fall along with the broad US market when that market wobbles.

The closing price on July 13, 2026 was ₩24,555, up 0.22% on the day; net asset value (NAV) was ₩24,655 and assets under management (AUM) were about ₩1.59 trillion. The S&P 500 benchmark closed at 7,515.34. Through 2026 the US market saw the information technology sector and a few mega-caps lead the index higher, and as a result both the weight of the top names and their influence on the index have grown.

In short, it is a basket that holds 500 leading US large companies all at once. It rises when the US market rises and falls when it falls, is spread across many sectors, but keep in mind that the weight of large technology names has grown lately, and that the exchange rate also plays a part.