$SOXL

South Korean retail investors sold $1.1B in semiconductor 3x leveraged ETFs, notably SOXL, and shifted to ultra-short Treasuries and dividend ETFs like SCHD and JEPQ. Concerns over rising interest rates and AI investment slowdown drove the shift. SOXS saw $138.83M in net buying, while individual semiconductor stocks like SK Hynix and Nvidia also faced net selling.

Korean retail investors sold semiconductor stocks like Micron, Nvidia, and Marvell, totaling over $100M in net sales, while buying $430.95M of the 3x leveraged SOXL ETF in early September. Investors also diversified into other assets like SGOV, IonQ, JEPQ, and Merck. This shift is seen as a strategy to reduce single-stock risk while maintaining sector exposure.

Investors added $1.89B to SPY, while QQQ saw $1.24B in outflows. VTI and VOO gained $1.05B and $695.6M, respectively. Gold and tech ETFs like GLD and SOXL experienced outflows. Defensive ETFs like TLT and LQD saw inflows. CNEQ and JGRO also had notable gains.