xETFs Launches First U.S.-Listed ETF Focused on Samsung Group

xETFs has launched the xETFs Samsung Group ETF (SMNG), an actively managed fund offering U.S. investors exposure to Samsung Group companies through a single ticker. The ETF invests across five industries: technology, financials, consumer and services, industrials, and life sciences, extending beyond Samsung's well-known semiconductor and smartphone businesses. At launch, its three largest holdings are Samsung Electronics (20%), Samsung Electro-Mechanics (20%) and Samsung SDI (7.5%), representing a combined 47.5% of the portfolio. The fund may invest in Korean-listed equities, depositary receipts and swaps to gain exposure to Samsung affiliates. According to xETFs, Samsung Group companies represent approximately 33% of the combined KOSPI and KOSDAQ market capitalization, with a total market value of $1.5 trillion. SMNG seeks to provide targeted exposure to the broader Samsung ecosystem, including batteries, biotechnology, shipbuilding and financial services.