TIGER CD 1Y Rate Active (Synthetic) (475630) 🔎 In-depth

The benchmark index is the 'KIS CD 1Y Total Return Index,' calculated by KIS Pricing, a specialist bond-valuation firm. A CD (certificate of deposit) is a representative short-term deposit-type instrument issued by banks, and this tracks the 1-year maturity rate among them. As the 'total return (TR)' name suggests, it adds interest to the index each day in the amount of the daily-quoted 1-year CD rate, so barring any incident the index climbs steadily like stairs. Although its name includes 'Active,' in practice it is close to simply tracking the 1-year CD rate as is.

This ETF is not a directional product but an interest-accrual product. As long as the 1-year CD rate holds, its value grows a little each day by that rate, so the chart drifts gently upward with almost no wobble. It does not swing sharply like a stock price, so volatility is very low. However, the 1-year CD has a slightly longer maturity than very-short-term rates like the 91-day, so it tends to price in the future direction of the base rate (especially rate-cut expectations) in advance. As a result, in a rate-cutting phase the 1-year CD rate can fall ahead of very-short-term rates, and the pace of interest accrual slows accordingly. As a domestic asset, it is not affected by exchange rates.

This is a parking ETF used to 'park' short-term cash or idle funds briefly and earn interest. Unlike deposits or savings, there is no separate penalty for selling before any maturity, and you can collect the interest accrued over your holding period, which is an advantage. Running costs are also very low. That said, the interest income itself is tied to the level of market rates, so it is not a product to expect large gains from, and if the base rate falls, the interest that accrues going forward falls with it. In addition, because it is based on a swap contract rather than physical bonds, you should be aware that there is counterparty risk, low though it is.

The Bank of Korea's base rate went through a cutting phase and has been held around 2.50% through several holds heading into 2026. The CD rate linked to it is accordingly lower than in the past high-rate period. If the base rate falls further from here, the pace at which interest accrues in this ETF will slow correspondingly, and the 1-year CD in particular tends to price in cut expectations first. As of July 13, 2026, the closing price was ₩1,071,325, the NAV (the actual asset value of one ETF share) was ₩1,071,194, and AUM was about ₩1.45 trillion.

In a nutshell, it is 'an almost-unshakable, parking-account-like ETF where cash you set aside briefly accrues interest every day at the 1-year CD rate.' There is little worry about the price falling, but just remember it runs on a swap contract with a securities firm rather than physical bonds, and that if rates fall the interest falls too.