KB's Berkshire-Focused ETF Falls Only 2.88% While KOSPI Drops 22.19% in July

According to Financial News, KB Asset Management's RISE Berkshire Portfolio TOP10 ETF fell only 2.88% in July, significantly outperforming South Korea's KOSPI index, which declined 22.19%, and KOSDAQ, which fell 21.44%.

As of August 4, the ETF posted a one-year return of 24.30% with annualized volatility of 15.6%, roughly one-third the volatility of KOSPI (52.5%) and KOSDAQ (46.9%), and lower than Nasdaq Composite (18.9%). The fund tracks Warren Buffett's Berkshire Hathaway (BRK.B) and Berkshire's top 10 SEC-filed holdings, providing diversification across financials, consumer staples, IT, and energy sectors.