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As of October 12, 2026, iShares MSCI South Korea ETF (EWY) trades at $170.60. The 14-day RSI (daily closes) is 40, in neutral territory, and the price is below its 50-day simple moving average of $179.60.

iShares MSCI South Korea ETF (EWY)

iShares MSCI South Korea ETF NYSE

$170.60 -6.640 (-3.75%)
Latest Price
AI Analyst Consensus
Sell
25 / 100
iShares MSCI South Korea ETF (EWY) is an exchange-traded fund designed to provide broad exposure to the South Korean equity market, tracking the MSCI Korea 25/50 Index. The fund focuses on large- and mid-cap Korean companies, aiming to reduce concentration risk in any single issuer. Its strategy involves holding a portfolio of publicly traded stocks rather than individual selections, with significant weightings in technology, electronics, and financial services, reflecting the composition of the South Korean market. Managed by iShares, EWY serves as a benchmark-oriented vehicle for accessing this developed Asian equity market. The ETF's assets under management stand at $26.21 billion, with a net asset value of $187.73 per share.

EWY Price Analysis

Market Metrics

Open
$172.96
Day Range
$169.84 to $172.96
Prev Close
$177.24
Volume
492.3K
52-Week Range
$79.69 to $220.89
Market Cap
$11.85B

EWY Fund Facts

iShares MSCI South Korea ETF is an exchange-traded fund that provides broad exposure to the South Korean equity market. The fund seeks to track the MSCI Korea 25/50 Index, which focuses on large- and mid-cap Korean companies and uses diversification limits to reduce concentration in any single issuer. It is designed for investors looking for access to South Korea through a single portfolio of publicly traded stocks rather than selecting individual companies.

Issuer
iShares
Category
Focused Region
Inception
May 9, 2000
Expense ratio
0.59%
Net assets
$26.21B
NAV
$187.73
Distribution yield
1.11%
YTD return
86.12%
Turnover
49.00%

Sector weights

Energy 1.5%
Healthcare 2.9%
Technology 56.9%
Industrials 16.4%
Basic Materials 1.4%
Consumer Cyclical 4.5%

Trailing returns vs category

Period EWY Category
YTD 86.12% 0.00%
1 month 0.69% 0.00%
3 months -9.56% 0.00%
1 year 133.99% 0.00%
3 years 49.17% 0.00%
5 years 20.31% 0.00%
10 years 14.37% 0.00%

Fund reference data as of Oct 12, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

EWY Analysis

AI Technical Analysis Sell
At $170.60, EWY is trading below its 50-day simple moving average of $179.60 and its 20-day exponential moving average of $182.31, indicating a bearish short-term trend. The 14-day RSI is at 39.66, which is interpreted as bearish momentum. The ETF is currently trading above its 200-day simple moving average of $158.95, suggesting some longer-term support. The Stochastic indicator is at 3.30, signaling oversold conditions, while the CCI is at -207.39, further reinforcing the current bearish momentum.
ProTips
  • Monitor the Technology sector's performance closely, as it represents over half of EWY's holdings.
  • Be aware of geopolitical developments in South Korea that could impact market sentiment and fund performance.
  • Compare EWY's expense ratio of 0.59% against similar regional ETFs for cost efficiency.
  • Consider the fund's yield of 1.19% as part of your overall investment return expectations.
Market Outlook
The 6-12 month outlook for EWY is cautious, given its current bearish technical indicators, including a RSI below 40 and prices below key short-term moving averages. While the ETF is above its 200-day SMA, suggesting some underlying strength, the negative momentum warrants attention. The concentration in technology presents both an opportunity for growth and a risk if the sector faces headwinds. Investor sentiment towards emerging markets and geopolitical stability in the region will also serve a significant role in shaping EWY's performance.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.53
Moderate correlation
Nasdaq 100 (QQQ) +0.63
Moderate correlation
Bitcoin (BTC) +0.29
Weak correlation
Gold (XAU) +0.33
Weak correlation
Check Custom Correlation

How does any other asset move with EWY? One year of daily closes, Pearson correlation.

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Key Statistics

Net Assets (Market Cap) 11.85B
Yield 1.19%
Day High $172.96
Day Low $169.84
52 Week High 220.89
52 Week Low 79.69
The iShares MSCI South Korea ETF (EWY) holds 96.82% in stocks, with a notable concentration in the Technology sector at 56.90%, followed by Industrials at 16.41% and Financial Services at 10.90%. This concentration reflects the structure of the South Korean equity market. The fund's expense ratio is 0.59%, costing $59.00 per $10,000 invested. The ETF's yield is 1.19%. Recent trailing returns show a YTD return of 86.12% for the fund, though specific category comparisons are not available for all periods.

Earnings & Growth Analysis

However, its performance is tied to the earnings trends of its underlying holdings, which are predominantly large and mid-cap South Korean companies. The significant exposure to the Technology sector means that the performance of major semiconductor and electronics manufacturers heavily influences the ETF's aggregate earnings trend. Positive earnings from these key sectors could support the fund's value, while negative earnings could weigh on its performance.

Key Risks

The primary risk for EWY is its high concentration in the Technology sector, which represents over 56% of its assets. This makes the fund vulnerable to downturns specific to the semiconductor and electronics industries. Additionally, geopolitical risks associated with South Korea and potential shifts in global trade policies could impact its performance. The ETF's expense ratio of 0.59% also represents a drag on returns over the long term.

Technical Indicators i

RSI (14-day) 39.66
MACD (12, 26) -0.66
SMA (50-day) 179.60
SMA (200-day) 158.95
Technical Rating Bearish
RSI
Bearish
SMA Cross
Bullish
Price vs SMA
Bearish
MACD
Bearish
Golden Cross in effect with the 50-day SMA ($179.60) above the 200-day SMA ($158.95), price is trading below the 50-day SMA.

Calculated by CleaRank on daily closes as of October 12, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).

EWY Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Short entry pick an entry style

Conservative
$174.01
2% above current price
Lower risk, wait for rally
Aggressive
$170.60
Short at current price
Higher risk, chasing the move

Risk Management

STOP LOSS
$181.37
MAX LOSS
-4.2%
Volatility-Adjusted Stop Loss
Calculated based on RSI (39.7) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$165.31
-5% (Conservative)
-3.1% (Aggressive)
TARGET 2
$156.61
-10% (Conservative)
-8.2% (Aggressive)
TARGET 3
$147.91
-15% (Conservative)
-13.3% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
ETF Investment Disclaimer
This AI-generated analysis of EWY is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on October 12, 2026.

Growth of $10,000

A $10,000 investment in EWY in October 2016 would be worth about $31,599 today, compared with about $36,431 for the same investment in the S&P 500 benchmark.

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Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in EWY today could grow to about $25,152 by 2036 in the base case, with a bull case near $85,344 and a bear case around $7,413. Projections are statistical simulations, not guarantees.

EWY ETF Price Prediction: 2030

CleaRank's simulation projects a price near $247 for EWY by 2030 in the base case, from $171 today (1.4x over 4 years). The downside path ends near $114. These are outcomes of a Monte Carlo simulation run on EWY's historical return distribution, not price targets, and they assume no dividends are reinvested.

EWY simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $127 $187 $275
2028 $119 $205 $354
2029 $115 $225 $439
2030 $114 $247 $534
2031 $114 $271 $642
2032 $115 $297 $764
2033 $117 $325 $904
2034 $120 $357 $1,064
2035 $123 $391 $1,247
2036 $126 $429 $1,456

Method: 10,000 simulated price paths using EWY's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.

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Frequently Asked Questions

What is the expense ratio for the iShares MSCI South Korea ETF (EWY)?
The expense ratio for EWY is 0.59%, which translates to a cost of $59.00 per $10,000 invested annually. This fee covers the fund's management and operational costs.
What sectors does the iShares MSCI South Korea ETF (EWY) concentrate in?
EWY is heavily concentrated in the Technology sector, holding approximately 56.90% of its assets. Other significant sector allocations include Industrials at 16.41% and Financial Services at 10.90%.
What is the distribution yield for EWY?
The iShares MSCI South Korea ETF (EWY) has a distribution yield of 1.19%.
How has EWY performed against its category over the past year?
Over the past year, EWY has returned 1.34%. Category performance data is not available for this period.
What is the price prediction for EWY in 2030?
Based on Monte Carlo simulations, the base case price prediction for EWY in 2030 is $246.72. The downside and upside projections are $113.93 and $534.30, respectively. These figures represent statistical simulation outcomes, not price targets or guarantees.
What are the key risks associated with investing in EWY?
Key risks include significant concentration in the Technology sector, potential geopolitical tensions in South Korea, and the impact of global trade policies. The fund's 0.59% expense ratio is also a consideration.
What is the long-term outlook for the iShares MSCI South Korea ETF?
The long-term outlook for EWY is influenced by the performance of the South Korean economy and its key industries, particularly technology. While the ETF offers diversified exposure, its heavy reliance on technology makes it susceptible to sector-specific downturns and global tech trends.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for EWY are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on October 12, 2026.

Disclaimer:

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