Exchange Traded Concepts and Kiwoom Securities (USA) Inc. Launch the First fund for the KICK ETFs series, KCHP, Offering Focused Access to Korea's Semiconductor Leaders
Exchange Traded Concepts, LLC ("ETC") today announced, in partnership with Kiwoom Securities (USA) Inc., the launch of the KICK Korea Semiconductor Index ETF (NYSE Arca: KCHP), a fund designed to give U.S. investors targeted access to Korea's globally significant semiconductor industry.
KCHP seeks to track, before fees and expenses, the price and yield performance of an index composed of 20 semiconductor companies listed on the Korea Exchange. The portfolio reaches across the Korean chip value chain, including memory, foundry, equipment, materials, packaging and design. It is anchored by two companies at the center of the advanced-memory technologies supporting artificial intelligence and data-center growth, Samsung Electronics and SK Hynix.
U.S. investors can buy and sell shares through a standard brokerage account without opening a foreign account or trading directly on the Korea Exchange. The Fund's underlying holdings are denominated in Korean won (₩), so returns are also affected by changes in the won-dollar exchange rate.
"Korea has built one of the world's most important and specialized semiconductor ecosystems but gaining focused access to that market has historically been difficult for many U.S. investors," said Garrett Stevens, Co-Founder and Chief Business Officer of Exchange Traded Concepts.
"KCHP brings that opportunity into a familiar ETF structure, pairing exposure to established global leaders with companies operating throughout the broader supply chain, and we are excited to be working with Kiwoom Securities (USA) Inc. to introduce this strategy to the U.S. market."
"Korea's semiconductor industry runs deeper than many investors outside the country realize," said Yoon Gu Eric Lee, President and Chief Executive Officer of Kiwoom Securities (USA) Inc. "Memory and foundry draw most of the attention, but the equipment, materials and design companies that supply them account for a substantial part of the industry, and the Index is designed to include them."
The Index uses a modified market-capitalization weighting methodology that limits how much of the portfolio any single constituent can represent. This construction is intended to preserve meaningful exposure to Korea's largest semiconductor companies while also representing specialized businesses across the industry's supporting infrastructure. Unlike broad South Korea equity funds, KCHP is focused specifically on the semiconductor value chain.
Foundry, materials, memory, design — see the whole wafer. View KCHP ETF Summary →
See the Top 10 holdings of the fund here: https://kicketfs.com/kchp.
About Kiwoom Securities (USA) Inc.
Kiwoom Securities (USA) Inc. is the U.S. subsidiary of Kiwoom Securities Co., Ltd. Founded in 2000, Kiwoom Securities Co., Ltd. is a Korea-based financial services company offering securities brokerage, investment trading, discretionary investment and advisory services. The company is a core member of the Daou Kiwoom Group and serves investors through its online financial platform. Learn more about the parent company at https://www.kiwoom.com/h/ir/en/main and the KICK ETFs at www.KICKETFS.com.
About Exchange Traded Concepts
Exchange Traded Concepts, LLC is an SEC-registered independent investment adviser specializing in white-label ETFs, sub-advisory, portfolio management, fund marketing and consulting services. ETC helps asset managers bring ETF strategies to market efficiently and cost-effectively through the ETF structure. Learn more at exchangetradedconcepts.com.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the KICK Korea Semiconductor Index ETF, please call (855) 704-4555 or visit https://kicketfs.com/investor-materials. Read the prospectus or summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a lesser number of issuers than if it were a diversified fund, which may increase volatility. The Fund concentrates its investments in the semiconductor industry, which may be significantly affected by intense competition, rapid product obsolescence, capital equipment cycles, supply and demand imbalances, and pricing volatility. The industry is highly cyclical and has historically experienced significant downturns.
The Fund invests in securities of issuers located in the Republic of Korea and is subject to political, economic, regulatory, currency, settlement, custody, and market-structure risks greater than those of U.S. or geographically diversified investments. The Fund’s holdings are denominated in Korean won. Changes in the value of the won relative to the U.S. dollar may adversely affect the value of the Fund’s investments. The Fund may be subject to foreign withholding taxes, which may reduce returns. Korean markets trade during hours that do not overlap U.S. trading hours, which may increase premium/discount volatility and bid/ask spreads.
The Fund normally invests in securities comprising the Index. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities comprising the Index. The Index is designed to track the performance of the top 20 publicly listed stocks, by market capitalization, listed in South Korea whose primary business operations are in the semiconductor manufacturing and related industries (the “Korean Semiconductor Industry”), which the Index has defined as the following set of industries identified by the Akros Industry Classification System (“AICS”): Semiconductor Machinery Manufacturing; Bare Printed Circuit Board Manufacturing; Semiconductor and Related Device Manufacturing; Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing; and Printed Circuit Assembly (Electronic Assembly) Manufacturing. The universe of eligible Index components consists of all the common stocks in the Korean Semiconductor Industry that are included in the Korea Composite Stock Price Index (KOSPI) and KOSDAQ (Korea Securities Dealers Automated Quotations) that have a minimum market capitalization of at least $200 million USD, a three-month average daily traded value of at least $1 million USD. To be eligible for inclusion in the Index, a company must also either (a) derive at least 50% of its consolidated revenue from semiconductor-related businesses, or (b) rank among the three largest companies worldwide by revenue, with at least a 10% global share, in at least one semiconductor-related business segment. No individual security will have a weight of more than 20% of the Index, and the Index will limit concentration of index constituents such that the aggregate weight of constituents whose individual weight exceeds 4.5% will not exceed 45% of the Index. The Index is rebalanced and reconstituted on a quarterly basis. The Fund may not track the Index precisely due to fees, expenses, transaction costs, timing differences, and regulatory limitations.
Akros Korea Semiconductor Index (AKCHP) — a USD-denominated index published June 26, 2026 by Akros Technologies, giving exposure to the 20 largest South Korean semiconductor companies listed on KOSPI and KOSDAQ. Bloomberg ticker AKCHP.
As an ETF, the Fund may trade at a premium or discount to NAV. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Frequent trading may significantly reduce investment results.
The Fund is a recently organized investment company with no operating history. Please see the prospectus for details of these and other risks.
Distributed by Foreside Fund Services, LLC. Foreside, Exchange Traded Concepts and Kiwoom Securities (USA) Inc. are unaffiliated companies.
