South Korea's High-Dividend ETFs Surge 5.3% as Investors Rotate From Semiconductors

According to The Korea Economic Daily, financial and high-dividend exchange-traded funds dominated South Korean stock ETF performance last week (July 6-10), with 7 of the top 10 performers in these categories. The RISE 200 High Dividend Covered Call ATM ETF led gains at 5.3%, followed by the KODEX Financial High Dividend Top 10 Weekly Covered Call at 3.5% and SOL Financial Holdings Plus High Dividend at 3.1%.

Investors shifted capital from semiconductor stocks, which faced peak concerns, to dividend-paying financial shares. Several stocks offered dividend yields of 4.6% to 6.0%, exceeding South Korea's May-based fixed deposit rate of 3.06%, providing relative investment appeal.