Single-Stock Leveraged ETFs Account for 40% of KOSPI Trading on July 14 as Retail Traders Engage in High-Frequency Swaps

According to Korea Exchange, on July 14, leveraged and inverse single-stock ETFs for Samsung Electronics and SK Hynix generated 18.28 trillion Korean won in trading volume, representing 40% of total KOSPI trading. The high turnover reflected intense short-term trading by retail investors switching between bullish and bearish positions.

SK Hynix inverse 2X ETF recorded a turnover rate of 2,431.93%, meaning each share changed hands 24 times in a single trading day. Samsung Electronics inverse 2X ETF posted a 1,171.76% turnover rate. A securities industry official noted that individual investors rapidly shifted capital between leveraged and inverse products in response to foreign futures position changes, amplifying intraday volatility.