$KPOP 1W support long.KPOP is retesting support that has held all of 2023. Makes for good R/R with a tight stop loss.
Key stats
About JAKOTA K-Pop and Korean Entertainment ETF
Expense ratio
0.75%
Home page
Inception date
Aug 31, 2022
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
Commercial Services
Technology Services
Stock breakdown by region
