New ETF Bets On South Korea’s AI Chip, Defense And Battery Leaders

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South Korean industrial and technology themes are making a fresh push into U.S.-listed ETFs as Exchange Traded Concepts, in partnership with Korean firm Hanwha Asset Management, launched the PLUS Korea Manufacturing Core Alliance Index ETF (NYSE:KMCA), a fund targeting companies tied to Korea’s strategic manufacturing ecosystem.

The ETF seeks exposure to firms connected to AI semiconductors, rechargeable batteries, robotics, defense, shipbuilding, power infrastructure, and nuclear energy — sectors increasingly viewed as critical to global supply-chain resilience and industrial policy trends.

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