Key Takeaways
- • Mirae Asset's combined TIGER U.S. S&P 500 and NASDAQ-100 ETFs surpassed 30 trillion won in net assets, demonstrating dominant market positioning in U.S. equity exposure among Korean retail investors.
- • The TIGER S&P 500 ETF achieved Korea's largest ETF ranking by net assets at 8.54 trillion won ($6.21 billion) as of July 2026, marking the first time in the country's 23-year ETF history that an overseas equity fund claimed the top position.
- • Retail investors contributed 5.3 trillion won in net inflows to the TIGER U.S. benchmark ETFs, with individual investors holding 27.1 trillion won (43% of all personal ETF holdings in Korea) in TIGER ETFs as of end-June 2026.
- • The TIGER S&P 500 ETF maintains the lowest cost structure among Korea-listed S&P 500 ETFs with a total expense ratio of 0.0768% and all-in cost of 0.1182%, supporting its competitiveness for long-term U.S. equity investment.
- • Mirae Asset's broader TIGER ETF franchise commands 160 trillion won in assets across 220 products, while the company's global ETF assets exceed $263.7 billion, underscoring its position as a leading ETF manager in Asia and globally.
Summary
Mirae Asset Global Investments achieved a significant milestone with its combined TIGER U.S. S&P 500 and NASDAQ-100 ETFs surpassing 30 trillion won in net assets as of July 2026. This accomplishment reflects accelerating retail investor demand for U.S. equity exposure through low-cost, passive investment vehicles. The achievement represents sustained momentum for Mirae Asset's flagship ETF franchise, which has grown to command 160 trillion won across 220 total products.
The TIGER S&P 500 ETF reached particular prominence by becoming Korea's largest ETF by net assets at 8.54 trillion won ($6.21 billion) as of mid-July 2026. This milestone marks a historic shift in Korea's ETF market structure—the first time in 23 years that an overseas equity fund has claimed the top position, displacing historically dominant domestic equity and bond ETFs. The fund has ranked first in net purchases by individual investors in both 2024 and the first half of 2025, earning recognition as "Korea's national ETF." According to Kim Nam-ki, head of Mirae Asset's ETF division, this milestone reflects the company's two-decade effort to build a U.S. index investment culture, beginning with Korea's first Nasdaq ETF in 2010 and expanding to the first S&P 500 ETF in 2020.
Retail investor participation has been a primary growth driver. Individual investors contributed 5.3 trillion won in net inflows to the TIGER U.S. benchmark ETFs, while holding 27.1 trillion won ($19.7 billion) across TIGER ETFs more broadly—representing 43% of all personal ETF holdings in Korea as of end-June 2026. This concentration reflects the appeal of Mirae Asset's cost-competitive structure; the TIGER S&P 500 ETF maintains the lowest expense ratio among Korea-listed S&P 500 ETFs at 0.0768% total expense ratio and 0.1182% all-in cost.
The broader TIGER franchise demonstrates Mirae Asset's dominant position in Asia's ETF market, with the company's global ETF assets exceeding $263.7 billion. The U.S. subsidiary Global X is approaching $100 billion in assets under management. These figures position Mirae Asset as a significant player in global passive investing, with particular strength in capturing retail demand for U.S. equity exposure across Asian markets. The company marked the achievement with a promotional celebration event from July 11 to August 8, 2026.
The TIGER S&P 500 ETF reached particular prominence by becoming Korea's largest ETF by net assets at 8.54 trillion won ($6.21 billion) as of mid-July 2026. This milestone marks a historic shift in Korea's ETF market structure—the first time in 23 years that an overseas equity fund has claimed the top position, displacing historically dominant domestic equity and bond ETFs. The fund has ranked first in net purchases by individual investors in both 2024 and the first half of 2025, earning recognition as "Korea's national ETF." According to Kim Nam-ki, head of Mirae Asset's ETF division, this milestone reflects the company's two-decade effort to build a U.S. index investment culture, beginning with Korea's first Nasdaq ETF in 2010 and expanding to the first S&P 500 ETF in 2020.
Retail investor participation has been a primary growth driver. Individual investors contributed 5.3 trillion won in net inflows to the TIGER U.S. benchmark ETFs, while holding 27.1 trillion won ($19.7 billion) across TIGER ETFs more broadly—representing 43% of all personal ETF holdings in Korea as of end-June 2026. This concentration reflects the appeal of Mirae Asset's cost-competitive structure; the TIGER S&P 500 ETF maintains the lowest expense ratio among Korea-listed S&P 500 ETFs at 0.0768% total expense ratio and 0.1182% all-in cost.
The broader TIGER franchise demonstrates Mirae Asset's dominant position in Asia's ETF market, with the company's global ETF assets exceeding $263.7 billion. The U.S. subsidiary Global X is approaching $100 billion in assets under management. These figures position Mirae Asset as a significant player in global passive investing, with particular strength in capturing retail demand for U.S. equity exposure across Asian markets. The company marked the achievement with a promotional celebration event from July 11 to August 8, 2026.
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