iShares MSCI South Korea ETF

EWY

Market cap $9.5B

The U.S. is a great place to be an investor, but there are thousands of publicly traded companies around the world that we can't access easily without ETFs. Many economies are growing faster than the U.S. South Korea and Poland both offer great returns through national ETFs following the best companies in each country.

The case for diversifying internationally was strengthened in 2025 after a number of non-U.S.

With gross domestic product per capita on par with Japan and a stagnant population, South Korea's tigerish growth days are behind it.

EWY, GREK, EZA, EWP and EPOL surged in 2025 as international ETFs beat U.S. peers, due to cheaper valuations, policy stimulus and diversified market exposure.

It's been a turbulent past couple of weeks, but the S&P 500 is poised to finish the year with some historically decent gains intact.

iShares MSCI South Korea ETF remains a top-performing country fund, but recent tech-driven weakness prompts a continued "Hold" rating. EWY's valuation is compelling with a 9.6x P/E and sub-1 PEG, yet high volatility and concentration risk demand careful entry timing. Technical momentum has faded; shares are in correction territory with key support at $88.53 and a potential attractive entry near $81.

One of the most persistent themes this year has been global defense. Historically, it has been an industry that tends to shine when geopolitics drives the macro narrative.

South Korea's central bank maintained its policy rate at 2.50% for the fourth consecutive meeting, staying on the sidelines as it raised its growth and inflation forecasts.

The U.S. and South Korea released details of a trade agreement on Friday that includes a $150 billion Korean investment in the American shipbuilding sector and an additional $200 billion earmarked for industrial sectors, the two countries said.

What doesn't kill your ETF apparently makes it stronger.