Odd Lots · Friday, July 10, 2026
While US levered ETF Assets Under Management (AUM) have grown due to price performance, Korean levered ETFs have seen substantial AUM growth driven by new share creation, indicating massive retail investor interest. In Korea, 93% of levered ETFs are owned by retail investors, compared to approximately 75% in the US.
“whereas in Korea you've actually seen the opposite, not the opposite, but you've seen huge share creation on top of meteoric rises in the share prices.”
“I think that the retail channel in general is one of the most important dynamics for global equities in the world today. Right, Could we make the case that Korea in particular is kind of ground zero for that that retail cohort probably, you know, So for example, ninety three percent of levet ETFs in Korea are owned by the retail investor, whereas that number is lower in the US. It's approximately seventy five percent.”