The Taiwan Monthly

Jan. 2020

Market & ETP Overview

Latest development of the market and ETPs

  1. Market Overview
    As of the end of November 2019, there were 937 companies listed on the TWSE with a total market value of NTD 34,809 billion. Also, our market is noticeable for the high dividend yield (3.99%) and fairly reasonable P/B (1.73) and P/E (18.73) 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 November 2019, there were 124 ETFs listed on the TWSE with a total AUM of NTD 415 billion.
  3. ETF: Trading Info
    As of the end of November 2019, the ETF average daily trading value was 8.88 billion. Also, the ETF trading value accounts for 7.44% of the total trading value on the TWSE.

  4. Top 10 ETFs by AUM
    As of the end of November 2019, 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

    67.35

    2

    00632R

    Yuanta Daily Taiwan 50 Bear -1X ETF

    Domestic L/I

    46.78

    3

    0056

    Yuanta/P-shares Taiwan Dividend Plus ETF

    Domestic Theme

    30.91

    4

    00637L

    Yuanta Daily CSI300 Bull 2X ETF

    Foreign L/I

    29.23

    5

    00774B

    Shin Kong 10 Years China Treasury Policy Bank Green Bond ETF

    Foreign Bond

    25.68

    6

    00633L

    Fubon SSE180 Leveraged 2X Index ETF

    Foreign L/I

    17.88

    7

    00861

    Yuanta Global NextGen Communications ETF

    Foreign

    15.92

    8

    00672L

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

    Futures L/I

    12.51

    9

    00710B

    Fuh Hwa 1-5 Yr High Yield ETF

    Foreign Bond

    12.46

    10

    00677U

    Fubon S&P 500 VIX Short-term Futures ETF

    Futures

    12.22


    For further information of ETFs, please refer to the following link: https://www.twse.com.tw/en/page/ETF/list.html
  5. ETN: Market Snapshot
    The Taiwan market welcomed the debut of ETNs at the end of April, and there were 8 ETNs listed on the TWSE with average daily trading value of 12.67 million from April 30th to Nov 29th. 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.