Exchange Listed Funds Trust PLUS Korea Defense Industry Index ETF (ARCA: KDEF)

Latest news for Exchange Listed Funds Trust PLUS Korea Defense Industry Index ETF (ARCA:KDEF)

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The Hanwha Asset Management&#39;s KDEF ETF offers U.S. investors exposure to South Korea&#39;s defense industry. It aims to mirror the Korea Defense Industry Index and has a 0.65% expense ratio.

South Korea&#39;s Defense Sector Gets A US Gateway With KDEF ETF (UPDATED)

Exchange Listed Funds Trust PLUS Korea Defense Industry Index ETF

Loop Capital analyst Garik Shmois maintains Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) with a Buy and lowers the price target from $170 to $160.

News

Price Target

Analyst Ratings

Loop Capital Maintains Buy on Advanced Drainage Systems, Lowers Price Target to $160

Loop Capital analyst Gary Mobley maintains Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Buy and raises the price target from $660 to $760.

MPWR

Loop Capital Maintains Buy on Monolithic Power Systems, Raises Price Target to $760

Loop Capital analyst Yun Kim maintains Qualys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLYS#NASDAQ">QLYS</a>) with a Hold and lowers the price target from $150 to $140.

QLYS

Loop Capital Maintains Hold on Qualys, Lowers Price Target to $140

Barclays analyst Jeffrey Bernstein maintains Yum Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) with a Overweight and raises the price target from $162 to $165.

Barclays Maintains Overweight on Yum Brands, Raises Price Target to $165

Ovintiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OVV#NYSE">OVV</a>) has outperformed the market over the past 5 years by 8.66% on an annualized basis producing an average annual return of 21.03%. Currently, Ovintiv has a market capitalization of $11.07 billion. 
Buying $100 In OVV: If an investor had bought $100 of OVV stock 5 years ago, it would be worth $259.90 today based on a price of $42.52 for OVV at the time of writing.
<h3>Ovintiv's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738968308_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In Ovintiv 5 Years Ago Would Be Worth This Much Today

Barclays analyst Benjamin Budish maintains Tradeweb Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>) with a Overweight and lowers the price target from $154 to $149.

Barclays Maintains Overweight on Tradeweb Markets, Lowers Price Target to $149

Barclays analyst Adrienne Yih maintains Tapestry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) with a Overweight and raises the price target from $87 to $100.

Barclays Maintains Overweight on Tapestry, Raises Price Target to $100

Barclays analyst Benjamin Budish maintains StepStone Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STEP#NASDAQ">STEP</a>) with a Equal-Weight and raises the price target from $66 to $69.

STEP

Barclays Maintains Equal-Weight on StepStone Group, Raises Price Target to $69

Barclays analyst Ross Sandler maintains Roblox (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) with a Equal-Weight and lowers the price target from $50 to $46.

RBLX

Barclays Maintains Equal-Weight on Roblox, Lowers Price Target to $46

Barclays analyst Alex Scott maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Underweight and raises the price target from $77 to $80.

Barclays Maintains Underweight on Principal Finl Gr, Raises Price Target to $80

Barclays analyst Ross Sandler maintains Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) with a Equal-Weight and raises the price target from $36 to $42.

PINS

Barclays Maintains Equal-Weight on Pinterest, Raises Price Target to $42

Barclays analyst Raimo Lenschow maintains Paylocity Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>) with a Equal-Weight and raises the price target from $214 to $231.

PCTY

Barclays Maintains Equal-Weight on Paylocity Holding, Raises Price Target to $231

Molina Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) has outperformed the market over the past 10 years by 5.8% on an annualized basis producing an average annual return of 16.94%. Currently, Molina Healthcare has a market capitalization of $16.24 billion. 
Buying $100 In MOH: If an investor had bought $100 of MOH stock 10 years ago, it would be worth $486.42 today based on a price of $283.97 for MOH at the time of writing.
<h3>Molina Healthcare's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738967409_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Molina Healthcare Stock In The Last 10 Years

Barclays analyst Raimo Lenschow maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Equal-Weight and raises the price target from $34 to $36.

OTEX

Barclays Maintains Equal-Weight on Open Text, Raises Price Target to $36

Barclays analyst Seth Sigman maintains O'Reilly Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) with a Equal-Weight and raises the price target from $1110 to $1250.

ORLY

Barclays Maintains Equal-Weight on O'Reilly Automotive, Raises Price Target to $1250

Barclays analyst Andrew Mok maintains Molina Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) with a Equal-Weight and lowers the price target from $372 to $339.

Barclays Maintains Equal-Weight on Molina Healthcare, Lowers Price Target to $339

PLRX

Trading Halt: Halt status updated at 5:25:00 PM ET: Quotation Resumption: News and Resumption Times

Barclays analyst Alex Scott maintains MetLife (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MET#NYSE">MET</a>) with a Overweight and lowers the price target from $96 to $95.

Barclays Maintains Overweight on MetLife, Lowers Price Target to $95

Barclays analyst Benjamin Budish maintains MarketAxess Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTX#NASDAQ">MKTX</a>) with a Equal-Weight and lowers the price target from $256 to $225.

MKTX

Barclays Maintains Equal-Weight on MarketAxess Holdings, Lowers Price Target to $225

Barclays analyst Alex Scott maintains Lincoln National (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNC#NYSE">LNC</a>) with a Equal-Weight and raises the price target from $36 to $38.

Barclays Maintains Equal-Weight on Lincoln National, Raises Price Target to $38

Press Releases

Exchange Traded Concepts Announces Launch of Hanwha Asset Management's PLUS Korea Defense Industry Index ETF (KDEF) on the U.S. Market

[Editor&#8217;s note: This story was updated to include the market&#8217;s response following the mid-January arrest of Korea&#8217;s President Yoon Suk Yeol]



In an effort to bring South Korea's defense sector into the U.S. investment scene, Exchange Traded Concepts launched the Hanwha Asset Management's PLUS Korea Defense Industry Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KDEF#NYSE">KDEF</a>), offering investors <a href="https://www.benzinga.com/etfs">exposure to South Korea's thriving defense industry</a>.



"We are enthusiastic to introduce the PLUS Korea Defense Industry Index ETF (KDEF) to the U.S. market," said Hanwha CEO Kim Jong-ho. "Expanding on the foundation of our Plus K-Defense ETF listed in Korea, this launch represents an opportunity to provide U.S. investors with exposure to Korea's defense industry. We appreciate the support of Exchange Traded Concepts in bringing this ETF to the NYSE Arca."



KDEF aims to mirror the total return performance of the Korea Defense Industry Index. The fund comes with a net expense ratio of 0.65%, which is competitive.



Also Read: <a href="https://www.benzinga.com/25/02/43542002/calamos-new-cpsf-etf-offers-growth-with-a-safety-net">Calamos&#8217; New CPSF ETF Offers Growth With A Safety Net</a>



The Korea Defense Industry Index focuses on South Korean companies engaged in defense-related operations. This includes firms specializing in shipbuilding, satellite telecommunications, civil engineering and utility system construction, among other sectors. The new ETF aims to take advantage of this exposure.



To be included in the index, companies must have a minimum market capitalization of at least 300 billion Korean Won—approximately $206 million in U.S. dollars as of February 5, 2025. No single constituent holding is allowed to exceed 20% of the index's overall weighting. KDEF follows the index closely, with at least 80% of its investments allocated to securities within the Korea Defense Industry Index.



<h2 class="wp-block-heading">Markets Still Resilient Despite Political Uncertainty</h2>



Despite the national political dilemma following the unprecedented mid-January <a href="https://www.benzinga.com/markets/asia/25/01/42993441/south-korean-president-yoon-suk-yeol-arrested-kospi-edges-higher-despite-political-upheaval-won-stable">arrest of President Yoon Suk Yeol</a>, South Korean markets and the Won remained resilient. The iShares MSCI South Korea ETF, a key indicator for U.S. investors gained the day following his arrest, reflecting investor confidence in the South Korean market.



Additionally, tech companies are turning to South Korea for investing and expansions. For instance, IonQ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) has expanded its global footprint through a new partnership with the Busan Metropolitan Government in South Korea. The collaboration aims to advance quantum technology and support talent development in the region.



Stability and impressive growth rates make South Korea a key market of interest and the safest route to invest in South Korean securities is through ETFs. Other popular ETFs with exposure to South Korean sectors are Franklin FTSE South Korea ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLKR#NYSE">FLKR</a>) and iShares MSCI South Korea ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWY#NYSE">EWY</a>), both of which have gained about 8% year-to-date.



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Exchange Listed Funds Trust PLUS Korea Defense Industry Index ETF

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Latest news for Exchange Listed Funds Trust PLUS Korea Defense Industry Index ETF (ARCA:KDEF)

Friday, February 07, 2025

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