Key stats
About JAKOTA K-Pop and Korean Entertainment ETF
Home page
Inception date
Aug 31, 2022
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Exchange Traded Concepts LLC
Distributor
SEI Investments Distribution Co.
KPOP provides exposure to a niche segment of the South Korean equity market by tracking an index of KPOP (Korean popular music) and Korean entertainment companies. Eligible stocks should have a minimum market capitalization of 100 billion South Korean Won and must be included in the entertainment or interactive media & services industries, excluding interactive home entertainment. Thematic relevance of eligible securities is determined using a natural language processing algorithm. The index selects stocks based on market capitalization and thematic relevance score to build a narrow portfolio of 30 stocks. The resulting portfolio is weighted by market capitalization, allocating 70-80% weight to entertainment and 20-30% to interactive media & services. The index rebalances quarterly. Before February 19, 2021, KPOP traded and tracked an index without the JAKOTA designation.
Classification
What's in the fund
Exposure type
Consumer Services
Technology Services
Commercial Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.