Woori Asset Management's 'WON US Aerospace & Defense' ETF recorded a 1-year return of 57.65% as of the 3rd, according to Koscom ETF Check. Launched in August 2022, the fund has attracted investor attention following SpaceX's initial public offering, with shorter-term performance showing gains of 5.32% over 1 month, 14.75% over 3 months, and 25.83% over 6 months. The ETF provides diversified exposure across the aerospace and defense sectors, targeting investors seeking broad participation in these industries.
'WON US Aerospace & Defense' ETF Records 57.65% 1-Year Return
According to Koscom ETF Check, the 'WON US Aerospace & Defense' ETF posted a 1-year return of 57.65% as of the 3rd. The fund's 1-month performance stood at 5.32%, 3-month at 14.75%, and 6-month at 25.83%. Woori Asset Management first listed the ETF domestically in August 2022, before the sector gained widespread prominence.
Fund Holds Diversified Portfolio Across 17 Subsectors
The ETF's portfolio avoids concentration in any single stock, enabling diversified investment across the aerospace and defense industries. Top holdings include Axon Enterprise (3.38%), VSE Corporation (3.36%), Carpenter Technology (3.12%), StandardAero (3.08%), Woodward (3.06%), and Kaman Holdings (3.05%). Choi Hong-seok, head of Woori Asset Management's ETF Solutions Division, stated the fund covers 17 detailed sectors within aerospace and defense, including launch vehicles, satellite services, advanced materials, nuclear propulsion, components, engines, maintenance repair and overhaul (MRO), electronic equipment, and unmanned aerial vehicles. Choi explained the ETF was designed to avoid single-theme concentration and capture the growth of the entire industry at once.
Woori Asset Management Emphasizes Long-Term Aerospace Growth
Choi noted that the future aerospace industry encompasses not only rockets and satellites but also space-grade advanced materials, nuclear propulsion, exploration vehicles, engine manufacturing, and space infrastructure. He emphasized that focusing solely on specific sectors does not constitute genuine aerospace investment. Considering the structural growth trajectory of the space industry, Choi anticipated returns would exceed the market, citing record-high US defense budgets including the Golden Dome project and a reinvigorated space infrastructure investment cycle following SpaceX's listing and Starship launches. He projected the relative advantage of the aerospace and defense value chain would remain valid in the second half of the year.
Choi characterized the aerospace and defense industry as one of the future growth pillars that will dominate the next decade, noting that future space infrastructure investments by companies like SpaceX lie within a long-term cycle that will sequentially expand from launches to satellites, communications, and data. He advised that most emerging space stocks carry high valuations based on expectations for the distant future and may experience sharp short-term volatility driven by events and supply-demand dynamics. Choi recommended approaching the sector through diversified investment and asset allocation, noting that performance may not immediately translate into returns and that growth industries can experience significant declines during market downturns or interest rate hikes.
FAQ
What is the 1-year return of Woori Asset Management's 'WON US Aerospace & Defense' ETF as of the 3rd?
The ETF recorded a 1-year return of 57.65% as of the 3rd, according to Koscom ETF Check.
What are the top holdings in the 'WON US Aerospace & Defense' ETF?
The fund's top holdings include Axon Enterprise (3.38%), VSE Corporation (3.36%), Carpenter Technology (3.12%), StandardAero (3.08%), Woodward (3.06%), and Kaman Holdings (3.05%).
When did Woori Asset Management launch the 'WON US Aerospace & Defense' ETF?
Woori Asset Management first listed the ETF domestically in August 2022.
