Samsung's KODEX KOSDAQ150 Long ETF Plunges 55.6% in H1 2026 as Large-Cap Rally Dominates

According to Korea Exchange data, Samsung Asset Management's KODEX KOSDAQ150 Long-KOSPI200 Short Futures ETF plunged 55.6% in the first half of 2026, recording the worst performance among leveraged and inverse-free domestic exchange-traded funds. The decline resulted from contrasting market performance: KOSPI200 rose 126.2% while KOSDAQ150 climbed only 7.5%, causing losses in the ETF's short position to exceed gains from its long position.

Despite the sharp price drop, the ETF's net assets increased from 13.3 billion Korean won at year-end 2025 to 14 billion won in late June, indicating new capital inflows to KOSDAQ-focused investments.