(EWY) MSCI South Korea - Overview
ETF Category: Miscellaneous Region | Exchange: NYSE ARCA (USA) | Market Cap: 18.280m USD | Total Return: 172.5% in 12m
TER: 0.59%
Avg Turnover: 2.78B USD
Peers RS (IBD): 98.4
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The iShares MSCI South Korea ETF (EWY) invests primarily in equity securities of South Korean companies. Its portfolio mirrors the MSCI Korea 25/50 Index, which tracks large and mid-capitalization firms in South Korea. This index is market capitalization-weighted, meaning companies with higher market values have a greater impact on the indexs performance. The South Korean economy is heavily influenced by manufacturing and technology sectors, with major global players in electronics and automotive industries.
EWY is a non-diversified fund, meaning it can concentrate a significant portion of its assets in a smaller number of securities or sectors compared to diversified funds. This can lead to higher volatility. For further in-depth analysis of EWYs holdings and performance, ValueRay offers comprehensive tools and data.
- South Koreas export performance impacts ETF value
- Global semiconductor demand influences index components
- Geopolitical tensions with North Korea create market volatility
- Korean Won exchange rate affects ETF returns
Over the past week, the price has changed by +3.46%, over one month by +8.88%, over three months by +30.50% and over the past year by +172.48%.
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