Summary
EWY Chart
SK Hynix Makes its US Debut: Which ETFs Offer Exposure?
Friday, July 10, may have been ordinary for those outside the investment community, but for folks engaged with the market, it marked an opportunity to gain exposure to the second most valuable company in South Korea. On Friday, SK Hynix (SKHY) became available to U.S. investors via the Nasdaq.
Top catalysts for South Korea's Kospi Index this week
The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of 9,387.
EWY: Why South Korea's Bear Market Is A Warning Sign To U.S. Stock Investors
iShares MSCI South Korea ETF is highly concentrated in Samsung and SK hynix, making it a leveraged AI hardware play. EWY recently entered a bear market, reflecting both global tech volatility and the outsized influence of its top holdings. Despite reforms and increased index weight, South Korea's market remains vulnerable due to governance issues and extreme tech sector concentration.
iShares MSCI South Korea ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 1,731 | $212,980 | $294,010.35 | $81,030.35 | 38.05% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 672 | $61,360.18 | $112,640.64 | $51,280.46 | 83.57% |
 Donald Yacktman Yacktman Asset Management | 980,605 | $95.33M | $166.13M | $70.8M | 74.26% |
 Daniel L. Lippincott Karpus Management Inc. | 75,475 | $5.48M | $12.64M | $7.16M | 130.67% |
| PP Philip Perry FLAGSTAR ADVISORS Inc. | 1,660 | $204,196.6 | $293,786.8 | $89,590.2 | 43.87% |
iShares MSCI South Korea ETF (EWY) FAQ
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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.
