iShares MSCI South Korea ETF (EWY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
iShares MSCI South Korea ETF (EWY) trades at $190.35 with AI Score 50/100 (Grade B). The iShares MSCI South Korea ETF (EWY) aims to replicate the investment outcomes of an index comprising South Korean equities. Market cap: $14.39B, Sector: Financial services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for EWY: EWY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EWY against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
EWY: the 1 perspectives are evenly split.
How is this calculated? →iShares MSCI South Korea ETF (EWY) Financial Services Profile
iShares MSCI South Korea ETF (EWY) offers investors targeted exposure to the South Korean equity market, tracking an index of South Korean stocks. As an ETF, it provides diversification and liquidity, but its performance is subject to the fluctuations of the South Korean economy and stock market.
What Is the Investment Thesis for EWY?
Investing in the iShares MSCI South Korea ETF (EWY) offers exposure to the South Korean equity market. The fund's performance is tied to the overall health and growth of the South Korean economy, making it sensitive to macroeconomic factors and global events. With a beta of 1.97, EWY exhibits higher volatility compared to the broader market. The absence of a dividend yield may deter income-focused investors. Potential catalysts include positive economic reforms and technological advancements in South Korea. However, geopolitical risks and currency fluctuations could negatively impact returns. Investors should carefully consider their risk tolerance and investment objectives before investing in EWY.
Based on FMP financials and quantitative analysis
EWY Key Highlights
- Market capitalization of $14.39B indicates substantial size and liquidity.
- Beta of 1.97 suggests higher volatility compared to the overall market.
- Absence of dividend yield may not appeal to income-seeking investors.
- Exposure to South Korean equities provides diversification benefits.
- Performance is closely tied to the economic performance of South Korea.
Who Are EWY's Competitors?
EWY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
| TPZ Tortoise Electrification Infrastructure ETF | $21.82 | +0.74% | $128.52M | 70 |
| STEX Streamex Corp. (STEX) is focused on real-world asset tokenization, particularly integrating the gold and commodities market into blockchain technology. The company | $1.09 | +12.29% | $43.15M | 62 |
| DIAX Nuveen Dow 30 Dynamic Overwrite Fund | $14.10 | -0.91% | $512.77M | 62 |
| MERFX The Merger Fund - Class A | $17.50 | -0.06% | $2.50B | 62 |
| PCM PCM Fund Inc. | $5.76 | +0.00% | $71.13M | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EWY's Key Strengths?
- Diversified exposure to South Korean equities.
- Low expense ratio compared to actively managed funds.
- Liquid and easily tradable on major stock exchanges.
- Part of the well-established iShares family of ETFs.
What Are EWY's Weaknesses?
- Performance is tied to the overall performance of the South Korean stock market.
- Subject to currency risk due to fluctuations between the U.S. dollar and the South Korean won.
- Beta of 1.97 indicates higher volatility compared to the overall market.
- Absence of dividend yield may not appeal to income-seeking investors.
What Could Drive EWY Stock Higher?
- Potential economic reforms in South Korea aimed at attracting foreign investment.
- Technological advancements in South Korea's key industries, such as semiconductors and electronics.
- Government stimulus measures designed to boost economic growth.
What Are the Key Risks for EWY?
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Geopolitical tensions in the Korean peninsula could negatively impact investor sentiment.
- Currency fluctuations between the U.S. dollar and the South Korean won could erode returns.
- Economic slowdown in South Korea could lead to lower corporate profits and stock prices.
What Are the Growth Opportunities for EWY?
- Increased Foreign Investment: South Korea's efforts to attract foreign investment could drive growth in its equity market. Government initiatives aimed at improving the business environment and reducing regulatory burdens could attract more foreign capital, leading to increased demand for South Korean stocks and, consequently, higher valuations for EWY's holdings. The timeline for this growth opportunity is dependent on the successful implementation of these reforms and the overall global economic climate.
- Technological Innovation: South Korea is a global leader in technology, particularly in semiconductors, electronics, and telecommunications. Continued innovation in these sectors could drive economic growth and boost the performance of South Korean companies. EWY's exposure to these companies could benefit from their technological advancements and increased global competitiveness. The timeline for this growth opportunity is dependent on the pace of technological innovation and the adoption of new technologies by businesses and consumers.
- Rising Middle Class: The growth of the middle class in South Korea is driving increased consumer spending and demand for goods and services. This trend could benefit South Korean companies that cater to domestic consumers, leading to higher revenues and profits. EWY's exposure to these companies could benefit from the growth of the South Korean middle class. The timeline for this growth opportunity is dependent on the continued growth of the South Korean economy and the disposable income of its citizens.
- Trade Agreements: South Korea has entered into numerous free trade agreements with countries around the world. These agreements reduce trade barriers and promote international trade, which can benefit South Korean companies that export goods and services. EWY's exposure to these companies could benefit from increased trade flows and access to new markets. The timeline for this growth opportunity is dependent on the negotiation and implementation of new trade agreements and the overall global trade environment.
- Government Stimulus: Government stimulus measures aimed at boosting economic growth could provide a boost to South Korean companies. Infrastructure projects, tax cuts, and other stimulus measures can increase demand for goods and services and improve business confidence. EWY's exposure to these companies could benefit from government stimulus efforts. The timeline for this growth opportunity is dependent on the implementation of government stimulus policies and their effectiveness in stimulating economic growth.
What Opportunities Does EWY Have?
- Increased foreign investment in South Korea.
- Growth of the South Korean economy.
- Technological innovation in South Korea.
- Expansion of trade agreements with other countries.
What Threats Does EWY Face?
- Geopolitical risks in the Korean peninsula.
- Economic slowdown in South Korea.
- Currency fluctuations between the U.S. dollar and the South Korean won.
- Increased competition from other ETFs offering exposure to South Korean equities.
What Are EWY's Competitive Advantages?
- Established brand recognition as part of the iShares family of ETFs.
- Low-cost structure compared to actively managed funds.
- Diversified portfolio of South Korean equities.
What Does EWY Do?
The iShares MSCI South Korea ETF (EWY) is designed to provide investment results that closely correspond to the performance of the MSCI South Korea Index. This index is composed of South Korean equities, offering investors a way to access the South Korean stock market without directly purchasing individual stocks. The ETF operates under the umbrella of iShares, a suite of exchange-traded funds managed by BlackRock, one of the world's largest asset managers. EWY's primary goal is to replicate the index's performance through a diversified portfolio of South Korean stocks, spanning various sectors and market capitalizations within the South Korean economy. By investing in EWY, investors gain exposure to a broad range of South Korean companies, from established blue-chip firms to emerging growth stocks. The ETF's holdings are weighted based on the market capitalization of the underlying companies in the index, reflecting the relative importance of each company in the South Korean market. EWY is traded on major stock exchanges, providing liquidity and accessibility for investors seeking to participate in the growth potential of the South Korean economy. The fund's performance is influenced by factors such as economic growth, interest rates, currency fluctuations, and geopolitical events in South Korea and the broader global economy. EWY offers a convenient and cost-effective way for investors to diversify their portfolios and gain exposure to the South Korean stock market.
What Products and Services Does EWY Offer?
- Tracks the investment results of an index composed of South Korean equities.
- Provides investors with exposure to the South Korean stock market.
- Offers a diversified portfolio of South Korean stocks.
- Replicates the performance of the MSCI South Korea Index.
- Trades on major stock exchanges, providing liquidity.
- Offers a cost-effective way to invest in South Korean equities.
How Does EWY Make Money?
- Generates revenue through management fees charged to investors.
- Aims to replicate the performance of the MSCI South Korea Index.
- Operates as an exchange-traded fund (ETF), providing liquidity and accessibility.
What Industry Does EWY Operate In?
The iShares MSCI South Korea ETF (EWY) operates within the asset management industry, specifically focusing on exchange-traded funds (ETFs). The ETF market has experienced significant growth in recent years, driven by increasing investor demand for low-cost, diversified investment vehicles. EWY competes with other ETFs that offer exposure to South Korean equities, as well as broader emerging market ETFs. The performance of EWY is influenced by the overall performance of the South Korean stock market and the broader economic conditions in South Korea.
Who Are EWY's Key Customers?
- Individual investors seeking exposure to the South Korean stock market.
- Institutional investors looking for diversified investment options.
- Financial advisors seeking to build portfolios for their clients.
EWY Valuation & Market Position
Relative to its peer group, EWY's quantitative score of 50/100 is below the peer average of 70/100.
F-Score 2/9Financial Health
iShares MSCI South Korea ETF's Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 10.05 places it in the safe zone, indicating low near-term bankruptcy risk.
EWY Financials
Bull Case vs Bear Case
Bull Case
- Insider activity shows increasing confidence as key executives have recently purchased shares, indicating a positive outlook on South Korea's economic recovery.
- Community sentiment has shifted positively, with discussions highlighting the potential growth in tech and manufacturing sectors, which are critical for the ETF's performance.
- Recent geopolitical developments suggest a stabilization in trade relations, which could benefit South Korean exports and boost investor confidence.
- Market perception remains optimistic as analysts are discussing the resilience of South Korea's economy in the face of global challenges, attracting more investors.
Bear Case
- Concerns about inflation and interest rate hikes have created a cautious atmosphere among investors, leading to bearish sentiments in the community.
- Recent discussions have pointed to potential regulatory risks in the South Korean market, particularly in the tech sector, causing unease among traders.
- Insider selling activity has raised eyebrows, suggesting that some executives may foresee challenges ahead, impacting overall market sentiment.
- Community sentiment has also reflected worries about global economic slowdown, which could adversely affect South Korea's export-driven economy.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
EWY Latest News
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Semi Stocks Gain Ahead Of Samsung Earnings And SK Hynix US Listing; Yields Ease
benzinga · Jul 6, 2026
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South Korean Hot Stocks SK Hynix, Samsung Tumble as Semiconductor Selloff Spreads From Wall Street to Asia: ETFs You Should Watch
benzinga · Jul 2, 2026
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Forget FXI. The South Korea Fund Beating China’s AI Trade Charges 19% Less
24/7 Wall St. · Jun 25, 2026
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Kospi Index, EWY ETF jumps after Micron earnings, but major risks remain
invezz.com · Jun 25, 2026
EWY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EWY.
Price Targets
Wall Street price target analysis for EWY.
EWY MoonshotScore
What does this score mean?
The MoonshotScore rates EWY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Semi Stocks Gain Ahead Of Samsung Earnings And SK Hynix US Listing; Yields Ease
South Korean Hot Stocks SK Hynix, Samsung Tumble as Semiconductor Selloff Spreads From Wall Street to Asia: ETFs You Should Watch
Forget FXI. The South Korea Fund Beating China’s AI Trade Charges 19% Less
Kospi Index, EWY ETF jumps after Micron earnings, but major risks remain
Latest iShares MSCI South Korea ETF Analysis
iShares MSCI South Korea ETF Financial Services Stock: Key Questions Answered
What does iShares MSCI South Korea ETF do?
The iShares MSCI South Korea ETF (EWY) is an exchange-traded fund that seeks to replicate the investment results of the MSCI South Korea Index. This index is composed of South Korean equities, providing investors with exposure to a diversified portfolio of South Korean stocks. EWY offers a convenient and cost-effective way to invest in the South Korean stock market without directly purchasing individual stocks. The fund's performance is closely tied to the overall health and growth of the South Korean economy.
What are the main risks for EWY?
The main risks for EWY include geopolitical tensions in the Korean peninsula, economic slowdown in South Korea, and currency fluctuations between the U.S. dollar and the South Korean won. Geopolitical risks could negatively impact investor sentiment and lead to lower stock prices. An economic slowdown in South Korea could reduce corporate profits and stock valuations. Currency fluctuations could erode returns for U.S. investors. Additionally, increased competition from other ETFs offering exposure to South Korean equities could put pressure on EWY's market share.
How does iShares MSCI South Korea ETF make money in financial services?
iShares MSCI South Korea ETF generates revenue primarily through management fees charged to investors. These fees are calculated as a percentage of the fund's assets under management (AUM). The ETF's expense ratio represents the annual cost to investors for owning shares of the fund. iShares, as the fund's manager, also benefits from the scale and efficiency of its operations, allowing it to offer competitive expense ratios while maintaining profitability. The fund does not generate interest income or engage in lending activities.
What are the key sectors represented in iShares MSCI South Korea ETF's holdings?
The iShares MSCI South Korea ETF's holdings are diversified across various sectors of the South Korean economy. Key sectors typically include technology, financials, consumer discretionary, industrials, and materials. The specific sector allocation may vary depending on the composition of the MSCI South Korea Index, which the ETF seeks to track. The technology sector often represents a significant portion of the ETF's holdings due to South Korea's prominence in the global technology industry. Investors should review the ETF's fact sheet for the most up-to-date sector breakdown.
What are the key factors to evaluate for EWY?
iShares MSCI South Korea ETF (EWY) holds an AI score of 50/100 (moderate). Not financial advice.
How frequently does EWY data refresh on this page?
EWY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven EWY's recent stock price performance?
iShares MSCI South Korea ETF (EWY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified exposure to South Korean equities. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EWY overvalued or undervalued right now?
Valuing iShares MSCI South Korea ETF (EWY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis is pending, which may provide further insights.
- Performance is subject to market risk and currency fluctuations.