As concerns over the tariff war initiated by the United States intensified, the average revenue of domestic American stock investors turned negative last month. Investors exhibited conflicting investment strategies by buying inverse exchange-traded funds (ETFs) that bet on stock price declines and leveraged ETFs that bet on stock price increases.
Kakao Pay Securities announced on the 9th that its analysis of customers' transaction statuses showed that the average revenue of American stocks recorded a negative (-) 2.8% in March, compared to 4.0% in February this year.
Despite the U.S. stock market showing weakness, particularly in technology stocks, investors showed expectations for a rebound in technology shares by net buying the Tesla 2x leveraged (TSLL) ETF the most. In contrast, the Tesla shorting 'Trader 2x Short Tesla Daily (TSLQ)' ETF (ranked 5th) and 'T-Rex 2x Inverse Tesla Daily Target (TSLZ)' ETF (ranked 9th) also ranked, reflecting the contrasting views among investors about Tesla's stock price outlook.
Differences in investment direction and strategy were also clearly visible across age groups. Individuals in their 20s and 30s focused their investments on leveraged and inverse products such as TSLL, TSLQ, TSLZ, and MicroStrategy Inverse (MSTZ) ETFs. Their average revenue was -3.1%, which was lower than the overall average, but they employed an aggressive investment strategy.
In contrast, those in their 40s and 50s maintained a purchasing strategy focused on individual stocks while showing a relatively stable investment tendency. They invested primarily in growth stocks by purchasing some leveraged products, including TSLL and the 3x Semiconductor Leveraged (SOXL) ETF. Their average revenue was -2.4%, which was evaluated as relatively good performance.
A representative from Kakao Pay Securities noted, 'Last month marked a period of increased uncertainty in the market, with both upward and downward strategies emerging for the same stocks.' He pointed out that this indicates a shift from a simple correction phase to a full-blown volatility surge market.