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Samsung Electronics, the dominant force within the Samsung Group, has been dominating the market, attracting interest in other stocks belonging to the Samsung Group. However, Hanwha Group shares, which were at the forefront of the K-defense trend during the first half of the year, have recently shown weaker performance.

As reported by the Korea Exchange on the 30th, Samsung Electronics finished at 104,100 South Korean won, rising 3.6% compared to the previous trading day. The company’s stock has gained 24.1% in the last month, fueled by the “semiconductor super cycle” driven by increasing AI demand.

Several other stocks within the Samsung Group have also seen gains due to the increase in Samsung Electronics. Samsung C&T, which owns shares in Samsung Electronics, recorded a 23% return during the last month. Samsung SDI and Samsung Electro-Mechanics also experienced substantial increases of 58.8% and 16.3%, respectively.

The pace at which exchange-traded funds (ETFs) linked to the Samsung Group have grown is also impressive. In the last month, the KODEX Samsung Group ETF climbed by 20.5%. This fund holds shares in subsidiaries of the Samsung Group, including Samsung Electronics (29.1%), Samsung Biologics (11.2%), and more. The TIGER Samsung Group Fundamental ETF from Mirae Asset went up by 18.1%, while the ACE Samsung Group Equal Weight also recorded an 11.7% rise in its stock price over the same timeframe.

On the other hand, Hanwha Group shares, which were leading the market with K-defense in the first half of the year, are now facing difficulties. Hanwha Aerospace, the key defense stock within the Hanwha Group, recorded a -10.2% return in the last month. Hanwha Systems and Hanwha Ocean increased by 5.9% and 27.8%, respectively, yet these increases are relatively small when compared to the performance of Samsung Group stocks.

As a result, the PLUS Hanwha Group Stocks ETF, which achieved more than 100% gains in the first half of the year, has also fallen short of expectations. In the last month, this ETF generated a return of 7.3%, which is less than half that of Samsung Group stock ETFs.