AI-Focused Big Tech Bet Pays Off: U.S. Big Tech ETF Gains 153% in Three Years

[Financial News] A U.S. big tech exchange-traded fund (ETF) holding Nvidia, Microsoft and Apple all at once posted a 153% return over the past three years. Net assets also topped 1.2 trillion won as large-cap tech stocks continued to rally amid increased investment in artificial intelligence (AI).
According to the Korea Exchange on the 7th, net assets of the ACE U.S. Big Tech TOP7Plus ETF stood at 1.2408 trillion won as of the previous day.
The fund holds the 10 largest big tech companies by market capitalization listed on the U.S. Nasdaq market and invests at least 90% in the top seven. Rather than setting holdings in simple proportion to market capitalization, it allocates them according to separate criteria and adjusts the portfolio through scheduled quarterly changes.
As of the 6th, its major holdings included Microsoft at 18.62%, Nvidia at 15.75%, Apple at 14.69%, Amazon.com at 14.18%, Alphabet Class A at 13.00%, SpaceX at 9.27%, Broadcom at 8.24% and Meta at 1.87%.
Expectations for growth among companies related to semiconductors, cloud computing and data centers have also risen recently as competition among AI models has intensified again and capital investment has expanded. Companies expected to benefit from increased investment in AI infrastructure, including Nvidia, Microsoft, Amazon and Alphabet, account for a large share of the portfolio.
SpaceX is also one of the major holdings. It was included in the Nasdaq-100 early after its listing, and Starlink subscribers grew to 12 million as of the end of June, roughly doubling in a year. Revenue also rose 92% over the same period.
Its long-term returns have also stood out. The ACE U.S. Big Tech TOP7Plus ETF posted a 153.04% return over the past three years. Its return since listing was 149.5%, while its return over the past year was 17.77%.
“Global big tech companies are continuing to invest in future growth industries, including AI, cloud computing and semiconductors, and are building a foundation for long-term growth,” said Nam Yong-su, head of the ETF Division at Korea Investment Management Co., Ltd. “As the ACE U.S. Big Tech TOP7Plus ETF focuses its investments on companies leading these industry changes, it could be a suitable option for investors seeking long-term investments based on future growth potential.”
[email protected] Bae Han-geul Reporter