Samsung, SK Hynix Leverage ETFs See 3.04 Trillion Won Inflow in Week, Then Slump 24.8%

According to Koscom, Samsung Electronics and SK Hynix single-stock leverage exchange-traded funds (ETFs) received net inflows of 3.04 trillion won over the past week ahead of Samsung's Q2 earnings announcement on July 7 and SK Hynix's Nasdaq listing of American depositary receipts on July 10.

The KODEX SK Hynix 2x leverage ETF and KODEX Samsung Electronics 2x leverage ETF fell 24.8% and 8.0%, respectively, over the past five trading days through July 6. Despite Samsung reporting record consolidated revenue of 171 trillion won and operating profit of 89.4 trillion won, exceeding market consensus, profit-taking sales drove further losses for leverage ETF investors.