EWY Stock Recent News

Samsung, SK Hynix, and other South Korean semiconductor companies are the basis for the Won and an indicator of consumer demand across the world. Consumer confidence is falling, and now semiconductor inventories are suddenly rising which is a bad signal for exports.

EWY invests in South Korean equities. The ETF is likely undervalued based on forward earnings, however, it has been selling off, owing to a weaker South Korean won, and cyclically out-of-favour sector exposures.

Some of the most significant advancements of our day is cancer research, meat substitutes, and innovative home technology.  So, which nation tops the globe in R&D, patent activity, high-tech density, and all other aspects of supporting innovation?

EWY invests in South Korean equities. An IRR gauge, even assuming no buybacks, suggests potential returns in the 9-19% range (per annum over the next few years).