iShares MSCI South Korea ETF
EWY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- May 12, 2000
- CIK
- 0000930667
- Website
- ishares.com
- Similar Companies
- Business
- iShares MSCI South Korea ETF (EWY) is an exchange-traded fund that seeks to track the investment results of the MSCI Korea 25/50 Index, a market capitalization-weighted index composed of large- and mid-cap South Korean equities. The fund provides investors with exposure to South Korea's equity market, with significant holdings in sectors such as electronic technology, producer manufacturing, and finance; top constituents include Samsung Electronics Co., Ltd. (approximately 24% weight), SK hynix Inc. (approximately 16% weight), and KB Financial Group Inc. EWY offers diversified access to approximately 89 South Korean stocks, applying caps to ensure no single issuer exceeds 25% of the index weight and issuers above 5% do not cumulatively exceed 50%, in compliance with U.S. regulated investment company requirements; it distributes dividends annually and maintains an expense ratio of 0.59%. Launched on May 9, 2000, and domiciled in the United States, EWY is issued by iShares, Inc., a BlackRock subsidiary, with BlackRock serving as the fund sponsor and manager headquartered in New York. The ETF targets institutional and retail investors seeking South Korea-specific equity exposure and trades primarily on U.S. exchanges like NYSE Arca. As of late 2025, assets under management stand at approximately $7.2 billion, reflecting strong growth amid South Korea's export-driven economy and AI-related demand for semiconductor leaders like Samsung and SK hynix. Recent developments include South Korea's progress toward MSCI Developed Markets reclassification, with key 2024 regulatory reforms such as lifting the short-selling ban (reinstated post-2023 with safeguards), corporate governance enhancements under the Financial Services Commission, and improved foreign ownership access, potentially catalyzing passive inflows and narrowing the "Korea discount" for EWY; these changes addressed over 90% of MSCI's prior concerns, boosting the ETF's performance with year-to-date returns exceeding 57%. No major acquisitions, partnerships, funding rounds, or index alterations specific to EWY were reported in 2024-2025, though BlackRock continued expanding its broader iShares lineup with new outcome-oriented ETFs amid rising U.S. ETF demand.