하나은행 하나금융경영연구소

Trends in the Korean ETF Market

The domestic ETF market was established in 2002 and is now 7 years old.
It currently encompasses 43 products and ￦ 3.7 trillion in assets.
Initially, the product mix was focused on index-type ETFs, but is now diversifying
and oncludes sector ETFs, style ETFs, foreign ETFs among others.
Although the domestic market is still dominated by stock index ETFs, recently introduced bond ETFs have been growing rapidly.
Currently, as of september 2009, there are eight asset management firms offering
ETFs, and Samsung Investment Management accounts for about half the market.


Trends in the Global ETF Market

The global ETF market has grown at an average annual rate of 40% since 2002,
and had reached ＄857.5 billion in size as of July 2009.
Geographically, two thirds of the global ETF assets are concentrated in the US, but
the European and Asian markets are also gradually becoming more active.
Traditional products such as equity ETFs(81.5%) and bond ETFs(16.4%) account
for the majority of ETF assets. However, new types of ETFs such as those investing
in commodities, currencies, comprise a market of significant size.
Currently, 113 financial firms manage ETFs, and the top 10 dominate the market
with 90% share.
iShare, part of the UK　group Barkelays, is the leading ETF manager with 48.3%
of global ETF assets, and is highly competitive in product development.
State Street Global Advisors, the 2nd largest ETF manager, offers a well-designed
website that enable beginners to invest in ETFs.