Korea ETF EWY Jumps 148% YoY, Led by SK Hynix
The Korea-themed ETF EWY has risen 148% over the past year, with gains largely driven by chip stocks such as SK Hynix. This reflects strong global demand for the Korean semiconductor sector, and SK Hynix, as the HBM leader, is a direct beneficiary. In the short term, continued inflows could push the stock higher; however, given the ETF's large gain, profit-taking risk warrants caution.
Impact assessments are model-generated from public coverage, for reference only and not investment advice.