AI Stocks Drive Performance: Unified FANG+ ETF Leads Market with 7.36% Gain in H2

The Unified FANG+ ETF (00757-TW), which includes only ten leading U.S. tech stocks, has recently shown remarkable performance. In August, its stock price soared above 140 yuan, setting a new historical high, with a cumulative gain of over 7% in the second half of the year, far outperforming other U.S. index ETFs. As AI application penetration rates gradually increase, the strong financial reports of U.S. tech giants have raised market attention regarding whether this will further drive the performance of 00757.

In the second half of the year, global stock markets have become more volatile. Statistics from June 30 to August 18 show that the U.S. Philadelphia Semiconductor Index plummeted by over 15%, causing many U.S. stock ETFs to perform poorly. Notably, the 00757 ETF, which consists of only ten leading stocks, was able to avoid being dragged down by weaker stocks and demonstrated strong leadership in the second half of the year, with its stock price even reaching a new historical high of 142.35 yuan in August.

Although 00757 has recently experienced a slight pullback due to its significant gains, its overall performance in the second half of the year still significantly outperforms other U.S.-focused index ETFs. According to CMoney statistics, as of the second half of the year, 00757 has gained approximately 7.36%, ranking first among similar products. The second to fifth places are held by Nomura U.S. R&D Leaders (00971-TW), Yuanta S&P 500 (00646-TW), Unified U.S. 50 (009811-TW), and Taiwan New S&P 500 (009806-TW), all with gains around 3%.

The latest data from Unified Investment shows that among the ten tech giants held by 00757, the largest holding is Palantir, an AI military concept stock, accounting for 11.65% of the total weight. This is followed by Microsoft, NVIDIA, Amazon, Apple, META, Broadcom, Netflix, and Alphabet. Among these, Palantir, Microsoft, NVIDIA, and Amazon have all seen their stock prices rebound in the second half of the year, driving the upward trend of 00757.

Further observation of institutional activities shows that foreign investors have continuously bought 00757 in the second half of the year, accumulating over 7,000 shares in just one and a half months, providing strong support for the ETF's stock price.

Looking ahead to the U.S. stock market, the manager of Unified FANG+ ETF (00757-TW), Lin Liangyi, pointed out that the stress test for the stock market has escalated to a showdown between AI capital expenditure returns and valuations. The financial reports of cloud giants provide the strongest validation, showing that capital expenditures are being converted into actual revenue, providing strong support for future performance. The ability of AI to monetize will determine the extent of future rebounds. It is estimated that AI infrastructure giants, currently in a strong position, will continue to play the leading role in the market. However, attention must be paid to the hawkish dissent from some Federal Reserve officials, high U.S. Treasury yields, and fluctuating oil prices, which may increase short-term market volatility. Short-term pullbacks, if any, can be seen as opportunities for low-cost positioning.

*Disclaimer: The content regarding individual stocks, funds, and futures products mentioned in this article is for reference only and does not constitute investment advice. Investors should make independent judgments and carefully assess risks at their own discretion.