ACE Next level Value Active (447430) holdings & weights
Per-holding contribution · concentration · sector skew — a deep read
Fund overview
This is a Korea-listed ETF from 한국투자신탁운용. It tracks the FnGuide 올라운드 가치주 시장가격지수. Key facts — expense ratio 0.7%; net assets about KRW 45.4B; inception 2022-11-15. Its 1-year return is +14.5%.
Fund details
Fund overview
This is a Korea-listed ETF from 한국투자신탁운용. It tracks the FnGuide 올라운드 가치주 시장가격지수. Key facts — expense ratio 0.7%; net assets about KRW 45.4B; inception 2022-11-15. Its 1-year return is +14.5%.
33 identified stocks · net exposure / NAV 100.02%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
Weight and calculation basis
33 identified stocks · net exposure / NAV 100.02%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
Investor net buying
Latest-session net buying by foreigners, institutions and retail (positive = net buy, negative = net sell).
| Date | Change | Foreign | Inst. | Retail |
|---|---|---|---|---|
| 10/20 | -0.79% | +189 sh | +7.0K sh | −7.2K sh |
| 10/19 | +0.31% | −191 sh | +203 sh | −12 sh |
| 10/16 | +1.9% | +508 sh | −890 sh | +382 sh |
| 10/15 | -1.65% | −403 sh | +339 sh | +64 sh |
| 10/14 | +0.12% | +58 sh | +1.3K sh | −1.3K sh |
Investor flows
Investor net buying
Latest-session net buying by foreigners, institutions and retail (positive = net buy, negative = net sell).
| Date | Change | Foreign | Inst. | Retail |
|---|---|---|---|---|
| 10/20 | -0.79% | +189 sh | +7.0K sh | −7.2K sh |
| 10/19 | +0.31% | −191 sh | +203 sh | −12 sh |
| 10/16 | +1.9% | +508 sh | −890 sh | +382 sh |
| 10/15 | -1.65% | −403 sh | +339 sh | +64 sh |
| 10/14 | +0.12% | +58 sh | +1.3K sh | −1.3K sh |
We have this ETF's holdings, but the prices for those particular listings are outside our quote coverage (currently Korea- and US-listed securities). So today's contribution and return are not computed — showing 0% would claim it did not move, which is a different statement. The holdings and weights below follow the calculation basis above.
Today's summary
Its top 10 holdings make up about 64.1% of the fund. The concentration index (HHI) is 558 — Low — evenly diversified, and the largest sector is Consumer Discretionary (33%). The higher the concentration, the more one stock or sector drives the whole ETF's return.
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration is below 1,500 (558), so no single holding dominates.
The largest sector is Consumer Discretionary at 33% — industries are reasonably spread.
0.7% a year is on the high side — about 7.0% over a decade, so it needs a reason to earn that.
Net assets of KRW 45.4B are small. Thin funds trade at wider spreads, and very small ones get closed or merged.
A plain 1x physical fund holding the shares themselves — no structural drift from how long you hold it.
Concentration and diversification
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration is below 1,500 (558), so no single holding dominates.
The largest sector is Consumer Discretionary at 33% — industries are reasonably spread.
0.7% a year is on the high side — about 7.0% over a decade, so it needs a reason to earn that.
Net assets of KRW 45.4B are small. Thin funds trade at wider spreads, and very small ones get closed or merged.
A plain 1x physical fund holding the shares themselves — no structural drift from how long you hold it.
Top 20 holdings
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
Normalized to 100% of analysed positions
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
| # | Holding | Weight |
|---|---|---|
| 1 | 서희건설035890 | 10.19% |
| 2 | 더블유게임즈192080 | 9.46% |
| 3 | 영원무역홀딩스009970 | 9.46% |
| 4 | KSS해운044450 | 8.70% |
| 5 | 쿠쿠홀딩스192400 | 6.73% |
| 6 | NICE034310 | 4.39% |
| 7 | 세아제강306200 | 4.37% |
| 8 | SNT모티브064960 | 3.75% |
| 9 | 세아제강지주003030 | 3.63% |
| 10 | SNT홀딩스036530 | 3.44% |
| 11 | 세방전지004490 | 3.25% |
| 12 | 나이스정보통신036800 | 2.73% |
| 13 | SNT다이내믹스003570 | 2.60% |
| 14 | SK가스018670 | 2.55% |
| 15 | 메가스터디교육215200 | 2.54% |
| 16 | Cheil Worldwide030000 | 2.52% |
| 17 | 다우기술023590 | 2.32% |
| 18 | HS애드035000 | 2.30% |
| 19 | Kangwon Land035250 | 2.09% |
| 20 | 모토닉009680 | 2.04% |
Holdings below 0.5% or outside the top list are folded into “Others” and omitted above.
Where the weight sits — sector mix
Listed equity weights summed by sector and normalized to 100%. Each band is one sector's share.
Industry breakdown
HHI sums the squared weights. The more it leans on a few names, the higher it goes — and the more the whole ETF moves with them.
How concentrated is it
Concentration (HHI) is low at 558, with the top 10 holdings at just 64.1% of equity weight. No single name can dominate the fund.
Good for damping single-stock risk — and equally, a big winner inside gets diluted.
HHI squares each weight and sums them: 10,000 means one stock is everything, and the more evenly spread the holdings, the closer it falls to zero.
Where the sector weight sits
Sector weights run Consumer Discretionary(33%) · Communication Services(15%) · Industrials(13%). At 33%, the leading sector is a clear tilt.
Expect it to ride that industry's cycle — ahead of the index in good stretches, behind in bad ones.
Weights above sum the individually listed equities and normalize that equity total to 100%.
How much it overlaps others
Even its closest peer, 210780, overlaps only 17% (8 shared names).
Funds filed under the same label can hold quite different companies, so pairing this one with another may genuinely spread risk.
What it is made of
The expense ratio is 0.7% a year, which is not cheap. Fees come out of returns every year you hold, so it is worth checking whether the same index is available for less.
This page is not investment advice. Investment decisions and responsibility are your own.
447430 comments
Leave a one-line take on ACE 주주환원가치주액티브. No account — just a nickname and a code to delete it later.
Loading…
Similar ETFs
Picked by how much their actual holdings overlap. The higher the overlap, the less diversification you get from owning both.