- Will South Korea ETF (EWY) hit (LOW) $152 in August?11¢
- Will South Korea ETF (EWY) hit (LOW) $150 in August?7¢
South Korea ETF (EWY) has surged roughly 83% year-to-date through late August 2026, driven primarily by explosive demand for high-bandwidth memory chips from SK Hynix and Samsung Electronics, which together dominate its information technology weighting near 51%. The ETF traded near $173–178 amid sharp volatility after peaking above $220 in June, reflecting AI infrastructure spending, record semiconductor exports, and South Korea’s corporate Value-Up governance reforms that have boosted shareholder returns and buybacks. Recent swings have been amplified by U.S. Treasury yield moves, foreign flows, and Bank of Korea policy held at 2.75%, with upcoming earnings releases and any shifts in global AI capex serving as key near-term catalysts for price levels.