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South Korea ETF EWY hits bear market amid tech sector risks and governance concerns.

Market News
11 Jul 2026
Seeking Alpha
View Source
Bearish
pluang ai news

The iShares MSCI South Korea ETF (EWY) has entered a bear market, largely due to its heavy concentration in Samsung and SK hynix, making it sensitive to AI hardware sector volatility. Despite recent reforms and increased index weight, South Korea's market remains risky because of governance issues and extreme reliance on the tech sector. This makes EWY a high-risk, high-reward investment, better suited for short-term trades rather than long-term holdings due to technical overextensions and historical patterns of sharp declines.

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