Strong Performance of South Korea-Focused ETFs in U.S. Markets
Recently, ETFs investing in South Korean stocks have shown significant upward trends in the U.S. market. The 'iShares MSCI South Korea (EWY)' ETF, in particular, has seen an increase of 36.73% so far this year, alongside inflows of $2.7 billion. This performance is largely attributed to the ongoing rise of the KOSPI index and heightened interest from global investors in the South Korean market.
Additionally, 'Franklin FTSE South Korea (FLKR)' and 'Matthews Korea Active (MKOR)' have also recorded impressive returns, with gains of 34.88% and 35.43%, respectively. This trajectory reflects the increasing inflow of foreign capital into the South Korean stock market, indicating a positive outlook on the country's economy. It suggests that South Korea's economic stability and growth prospects are being recognized on the international stage.
Related News
Korean-related ETFs Soar in the US MarketEWY up 36.7% this year
KOSPI's Surge... Korean ETFs Soar in the US Market - Maeil Business NewspaperAs the KOSPI continues its high-altitude trend, ETFs investing in Korean stocks are showing strength in the US market. Since the beginning of the year, trillions of won in funds have flowed into Korea-related ETFs, emerging as another driving force supporting the domestic stock market rally. According to Koscom ETF Check on the 19th, 'iShares MSCI South Korea (EWY)', considered a representative ETF for investing in Korea listed in the US