ACE Nuclear Theme DeepSearch ETF (433500)
ETF Name: ACE Nuclear Theme DeepSearch (Ticker: 433500)
Index: DeepSearch Nuclear Theme Index (Market Price)
Asset Manager: KOIN Asset Management
Expense Ratio: 0.30% per annum
Listing Date: June 28, 2022
Fund Type: Domestic Equity – Strategic Index
π Key Market Data (As of June 27, 2025)
| Closing Price | ₩32,830 (–0.70% vs. previous day) |
|---|---|
| 52-Week High / Low | ₩34,125 / ₩14,206 |
| Market Cap | ₩59.1 billion |
| Avg. Daily Volume (20 days) | ~132,700 shares (~₩4.38 billion) |
| Foreign Ownership | 0.34% |
| 1M / 3M / 6M / 1Y Returns | +26.44% / +74.74% / +96.12% / +92.31% |
| Beta (vs. KOSPI) | 0.96 |
• The ETF has delivered nearly double returns over the past six months, reflecting a strong thematic upswing in nuclear energy stocks.
• It achieves tight tracking with its underlying index: NAV and market price deviations remain within ±0.2%, supported by multiple liquidity providers.
• Top holdings include key nuclear-related names: Korea Electric Power Corp, Doosan Enerbility, KEPCO Tech, KS Power, Iljin Power, among others.
π― Investment Rationale
- Strategic Theme: Nuclear energy is gaining traction amid climate targets, energy security concerns, and renewed government support for carbon-free baseload power.
- Strong Performance Trend: A +92% annual return and +96% over six months show exceptional momentum in nuclear-industrial equities.
- Structural Upside: Growth drivers include small modular reactors (SMRs), nuclear plant construction and decommissioning, global technology partnerships, and export potential.
- Trackable & Liquid: Multiple LPs ensure smooth market access and narrow bid-ask spreads; investors benefit from low tracking error.
- Foreign Inflows Potential: Current foreign ownership is low (~0.3%), suggesting room for institutional or international capital to enter.
⚠️ Risk Factors to Monitor
- Policy Sensitivity: Shifts in nuclear energy policy (e.g., rollback of “carbon-neutral nuclear support”) may trigger volatility.
- Global Safety Events: Any nuclear accident or major regulatory change could stall sentiment.
- Momentum & Correction: With recent surge, near-term pullbacks are possible—investors should consider a staggered entry strategy.
- Market Peak Risk: Watch for resistance near recent highs in the mid-30,000 KRW range.
π Conclusion & Strategy
ACE Nuclear Theme DeepSearch ETF offers an appealing play on the return of nuclear power as a key pillar in clean and reliable energy policies. It combines targeted exposure, solid performance, and excellent execution with minimal tracking error.
Recommended Approach: Initiate with a partial position given elevated levels, monitor key catalysts like government nuclear statements or global power shortages, and consider averaging in on pullbacks in the ₩30,000–₩32,000 zone.
*Note: Always consider aligning your investment level and risk appetite. This summary is for informational purposes and should not be considered financial advice.
Posted on June 29, 2025 | by Coreano
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