
EWY: South Korea Fund Pulls Back After Leading Other Country ETFs
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.


















