The Taiwan Monthly

Mar. 2020

Market & ETP Overview

Latest development of the market and ETPs

  1. Market Overview
    As of the end of January 2020, there were 941 companies listed on the TWSE with a total market value of NTD 34.9 trillion. Also, our market is noticeable for the high dividend yield (3.99%) and fairly reasonable P/B (1.73) and P/E (18.7) ratio.
  2. ETF: Asset under Management
    The AUM of ETFs on the TWSE has demonstrated a continuous increasing trend since 2013. As of the end of January 2020, there were 121 ETFs listed on the TWSE with a total AUM of NTD 438 billion.

  3. ETF: Trading Info
    As of the end of January 2020, the ETF average daily trading value was 9.9 billion. Also, the ETF trading value accounts for 6.3% of the total trading value on the TWSE.


  4. Top 10 ETFs by AUM
    As of the end of January 2020, the top 10 ETFs by AUM are as follows:

    Rank

    Stock code

    Name of Fund

    Fund Type

    AUM (bn NTD)

    1

    0050

    Yuanta/P-shares Taiwan Top 50 ETF

    Domestic Capitalization

    61.63

    2

    00632R

    Yuanta Daily Taiwan 50 Bear -1X ETF

    Domestic L/I

    57.24

    3

    0056

    Yuanta/P-shares Taiwan Dividend Plus ETF

    Domestic Theme

    34.32

    4

    00637L

    Yuanta Daily CSI300 Bull 2X ETF

    Foreign L/I

    26.28

    5

    00774B

    Shin Kong 10 Years China Treasury Policy Bank Green Bond ETF

    Foreign Bond

    26.15

    6

    00633L

    Fubon SSE180 Leveraged 2X Index ETF

    Foreign L/I

    16.55

    7

    00672L

    Yuanta S&P GSCI Crude Oil 2x Leveraged ER Futures ETF

    Futures L/I

    15.93

    8

    00861

    Yuanta Global NextGen Communications ETF

    Foreign

    13.08

    9

    00710B

    Fuh Hwa 1-5 Yr High Yield ETF

    Foreign Bond

    12.41

    10

    00711B

    Fuh Hwa Emerging Market 10+ Yr Bond ETF

    Foreign Bond

    12.35



  5. ETN: Market Snapshot
    As of the end of January 2020, there were 9 ETNs listed on the TWSE with a total market value of NTD 2,307 million and a total trading value of NTD 494 million. For further information of ETNs, please refer to the following link: https://www.twse.com.tw/en/ETN/list

    For further information, please contact Ms. Nieh at 1196@twse.com.tw.