Mirae Asset Launches NYSE100 Active ETF for US Tech Stocks

Mirae Asset Asset Management is launching an active ETF focused on US tech stocks listed on the New York Stock Exchange, with the TIGER US Tech NYSE100 Active ETF scheduled to list by the end of this month. The product uses the NYSE100 index as its benchmark, which allocates 73% to the IT sector — higher than Nasdaq100's 61% and S&P500's 37%. The launch expands investment options for Korean retail investors beyond Nasdaq100-focused products, marking the first NYSE100-based US tech ETF in the domestic market.

NYSE100 Index Allocates 73% to IT Sector

The NYSE100 index selects 100 companies from US-listed stocks that meet liquidity requirements, focusing on IT sector firms and growth industries with high technology utilization. The index considers market capitalization and trading volume alongside price-to-sales ratio and recent revenue growth rates when selecting constituents. Its 73% IT sector weighting exceeds both the Nasdaq100 at 61% and the S&P500 at 37%.

Active Management Targets AI IPO Pipeline

The ETF employs active management to respond to leadership changes in the AI era. The strategy aims to capture newly listed AI companies faster than passive index ETFs, which must wait for index inclusion after IPO. Large unlisted tech companies including OpenAI, Anthropic, and Databricks have IPOs scheduled. A financial investment industry source stated that US market gains continue to be driven by tech company profit growth, making US benchmark index investing increasingly tech-focused in nature, and noted the significance of expanding US tech ETF choices beyond Nasdaq100 to NYSE-based indexes and active strategies.

FAQ

What is the TIGER US Tech NYSE100 Active ETF? The TIGER US Tech NYSE100 Active ETF is an actively managed fund launched by Mirae Asset Asset Management that invests in US tech stocks listed on the New York Stock Exchange, using the NYSE100 index as its benchmark with 73% allocation to the IT sector.

When will the TIGER US Tech NYSE100 Active ETF list? The ETF is scheduled to list by the end of this month.

Which unlisted AI companies have IPOs scheduled? Large unlisted tech companies with scheduled IPOs include OpenAI, Anthropic, and Databricks.