500061.KS is trading 8.1% up today as the inverse ETF benefits from a major selloff in South Korea’s equity market following a central bank policy shift.
- The Bank of Korea raised interest rates by 25bp to 2.75% and issued hawkish guidance, triggering a sharp decline in domestic stocks.
- The KOSPI 200 index dropped 6.6% on Thursday, led by steep losses in large-cap technology names.
- As an inverse product, the ETF price moves in the opposite direction of the benchmark, resulting in a significant gain during the market downturn.