iShares MSCI South Korea ETF (EWY) Surges 19.3% YTD, Driven by AI Boom and Memory Chip Demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 24 2026
0mins
Should l Buy TSLA?
Source: Fool
- ETF Performance: The iShares MSCI South Korea ETF (EWY) has surged 19.3% year-to-date as of January 23, 2026, following a remarkable 92% increase last year, highlighting its strong market performance and attracting investor interest.
- Memory Chip Drivers: Major holdings SK Hynix and Samsung, which account for 18.3% and 26.8% of the EWY fund respectively, have seen significant growth due to skyrocketing memory prices, contributing to the overall market rally.
- Favorable Policies: South Korean President Lee Jae Myung has introduced shareholder-friendly policies, including reducing the dividend tax rate from 50% to 30% and pushing for inheritance tax reforms, which are expected to further enhance market valuations and boost investor confidence.
- International Diversification Opportunity: With a low price-to-earnings ratio of 17 compared to the S&P 500's 28, the EWY presents an attractive diversification option in the global market, especially as U.S. valuations reach historic highs.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 417.440
Low
25.28
Averages
401.93
High
600.00
Current: 417.440
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Autonomous Fleet Outlook: Musk predicts that Tesla's autonomous fleet will become the largest in the future, despite the current Full Self-Driving (FSD) service requiring human intervention, reflecting the company's ambitious technological goals.
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See More
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- Strategic Shift: CEO Elon Musk is pivoting the company's focus towards robotaxis equipped with self-driving technology and humanoid robots, indicating a forward-looking approach to future mobility solutions.
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See More
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