KODEX US S&P 500 (379800) 🔎 In-depth
Samsung Asset Management · Equity · United States · Broad market · Price 2026-08-06 · Analysis 2026-07-14
This is a market-representative ETF that holds 500 leading US large companies all at once. It is designed to track the overall trend of the US stock market, and because it is not FX-hedged, changes in the won-dollar exchange rate are reflected as well.
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 | -5.01% | +2.75% |
| 3M | +2.35% | +8.19% |
| 6M | +8.12% | +13.41% |
| 1Y | +24.18% | +21.51% |
| 3Y | +88.13% | -20.65% |
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 · Samsung Asset Mgmt official disclosure
Distributions Source: Samsung Asset Mgmt distribution notice·KRX
Distributions vary with fund performance; paying out more than income can reduce principal.
Understanding this ETF
It tracks the S&P 500 Index, built from about 500 high-quality US large-caps. The index selects companies listed on the US market that are large in scale and meet certain criteria such as profitability, then holds more of the names with larger market value (company size). It is widely used as an index that represents the big picture of the US economy.
Because it tracks the index at 1x, it rises when the US market rises and falls when it falls. Since it is not FX-hedged (FX-exposed), even if US stock prices are unchanged, a gain is added when the won-dollar rate rises, and the gain shrinks when the rate falls. In other words, two factors, US stock prices and the exchange rate, together determine the return.
Its strength is that, by holding a broadly diversified US benchmark, you can invest in the entire US market without the burden of picking individual stocks. On the other hand, as concentration in top large-cap technology names has grown, a point to note is that the index can swing sharply along with them when those names wobble. As an FX-exposed product, the exchange rate can be a solid cushion at times and a burden at others.
In the first half of 2026 the US market rose to near record highs on strength led by large AI-related technology names. From June, however, semiconductor and technology stocks pulled back for a time, the pace of the rise slowed somewhat, and a rotation of interest toward other sectors such as financials and industrials also appeared.
In short, it holds 500 leading US large companies in a single basket to track the whole US market, and because there is no FX hedge, changes in the dollar exchange rate are reflected as well.
Composition
By sector, information technology and communication services carry large weights, alongside a broad range of industries such as financials, healthcare and consumer. Because it is market-cap weighted, however, the weight is tilted toward a few large-cap technology names with big size. Recent market data show the combined weight of the so-called 'Magnificent 7' mega-cap technology names such as Nvidia, Apple, Amazon and Microsoft has grown to exceed 30% of the index. It is broad, spread across 500 names, but in practice the moves of these top large-caps have a large influence on overall performance.
Classification
Notes & cautions
- Because it is not FX-hedged, won-dollar exchange rate movements directly affect returns.
- By the nature of the index, the weight of a few top large-cap technology names is high, so volatility can grow depending on how those names move.
ETF terms explained
Korea FSC securities market-price API (data.go.kr) · ETF classification & tagging: our own descriptive categorization
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