iShares MSCI South Korea ETF (EWY)
Summary
EWY Chart
EWY Heading For A -75% Like In The 1997 "Great Crisis"? Not In My Opinion
The iShares MSCI South Korea ETF (EWY) offers concentrated exposure to South Korea's memory sector, dominated by Samsung and SK, with valuations now well below historical averages. Despite cheapness, KOSPI's 12-month forward P/E at 4.54x, persistent selling reflects fears of a 1997-style crisis, retail leverage, and foreign outflows. I see key differences from 1997: the won is stable, exports are strong, and memory sector backlogs provide multi-year earnings visibility.
KOSPI refuses to rally despite chip strength: one big risk is still getting worse
South Korean stocks struggled to turn Micron Technology's record earnings into a lasting rally on Thursday, leaving the KOSPI near flat even as Japan's Nikkei 225 surged on renewed enthusiasm for semiconductor shares. The KOSPI recovered from an early 0.34% decline to trade around 6,805 by late morning, while Samsung Electronics and SK Hynix erased opening losses.
EWY: The Bubble Faded, But Korea Still Needs New Buyers
The Korean Stock Market (KOSPI) experienced extreme volatility, with a 90% rally from last year's bottom followed by sharp corrections. Despite turbulent price swings, corporate earnings remain resilient, memory cycle strength persists, and governance reforms are accelerating. Visible deleveraging has occurred in leveraged ETFs, but retail risk appetite is migrating to structured products like autocallable ETFs.
iShares MSCI South Korea ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 14,746 | $2.84M | $2.3M | -$537,159.52 | -18.91% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 10 | $2,019 | $1,501.5 | -$517.5 | -25.63% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 14,975 | $3.02M | $2.39M | -$630,096.75 | -20.84% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 11,831 | $2.31M | $1.89M | -$423,413.44 | -18.3% |
 Marvin & Palmer Marvin & Palmer Associates Inc. | 16,480 | $3.33M | $2.48M | -$845,424 | -25.41% |
iShares MSCI South Korea ETF (EWY) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares MSCI South Korea ETF ever had a stock split?
iShares MSCI South Korea ETF Profile
| ARCA Exchange | US Country |
Overview
The company is an investment fund that focuses on tracking the equity market performance in Korea. It aligns its investment strategy by committing at least 80% of its assets to securities that are part of its underlying index or those investments that closely resemble the economic characteristics of its index components. The underlying index is a free float-adjusted, market capitalization-weighted index which encompasses the large- and mid-cap segments of the Korean equity market. Unlike diversified funds, this fund maintains a non-diversified stance, directing its investments towards a specific segment of the market to mirror the performance of its chosen index.
Products and Services
- Equity Market Exposure in Korea
This product offers investors exposure to the large- and mid-cap segments of the Korean equity market. It is designed for those looking to invest in a fund that closely follows the economic characteristics and performance of the Korean equity market's significant components.
- Market Capitalization-Weighted Index Tracking
The fund's investment strategy involves tracking a free float-adjusted, market capitalization-weighted index. This method ensures that the fund's investments are proportionally aligned with the market values of the index's components, providing a representation of the market's overall performance.
- Non-Diversified Fund Strategy
As a non-diversified fund, this investment focuses on a specific segment of the market rather than spreading investments across various sectors. This strategy offers investors a targeted investment approach, aiming to replicate the performance of the underlying index that measures the large- and mid-cap segments of the Korean equity market.
Contact Information
