What will South Korea ETF (EWY) hit in May 2026?

Hyundai Motor shares plunge 10%, leading the decline in South Korea's KOSPI index. On May 19, the South Korean stock market fluctuated downwards, with the KOSPI index falling 4%. Hyundai Motor led the decline, with its intraday drop approaching 10%. Hyundai Motor's stock price has fallen for two consecutive days, closing down 5.29% on May 18. In the first quarter of this year, Hyundai Motor's net profit was 2.58 trillion won, a year-on-year decrease of 23.6%. (First Financial Daily reporter Wu Ziye)

Hyundai Motor shares plunge 10%, leading the decline in South Korea's KOSPI index. On May 19, the South Korean stock market fluctuated downwards, with the KOSPI index falling 4%. Hyundai Motor led the decline, with its intraday drop approaching 10%. Hyundai Motor's stock price has fallen for two consecutive days, closing down 5.29% on May 18. In the first quarter of this year, Hyundai Motor's net profit was 2.58 trillion won, a year-on-year decrease of 23.6%. (First Financial Daily reporter Wu Ziye)

Hyundai Motor shares plunge 10%, leading the decline in South Korea's KOSPI index. On May 19, the South Korean stock market fluctuated downwards, with the KOSPI index falling 4%. Hyundai Motor led the decline, with its intraday drop approaching 10%. Hyundai Motor's stock price has fallen for two consecutive days, closing down 5.29% on May 18. In the first quarter of this year, Hyundai Motor's net profit was 2.58 trillion won, a year-on-year decrease of 23.6%. (First Financial Daily reporter Wu Ziye)

Hyundai Motor shares plunge 10%, leading the decline in South Korea's KOSPI index. On May 19, the South Korean stock market fluctuated downwards, with the KOSPI index falling 4%. Hyundai Motor led the decline, with its intraday drop approaching 10%. Hyundai Motor's stock price has fallen for two consecutive days, closing down 5.29% on May 18. In the first quarter of this year, Hyundai Motor's net profit was 2.58 trillion won, a year-on-year decrease of 23.6%. (First Financial Daily reporter Wu Ziye)

Hyundai Motor shares plunge 10%, leading the decline in South Korea's KOSPI index. On May 19, the South Korean stock market fluctuated downwards, with the KOSPI index falling 4%. Hyundai Motor led the decline, with its intraday drop approaching 10%. Hyundai Motor's stock price has fallen for two consecutive days, closing down 5.29% on May 18. In the first quarter of this year, Hyundai Motor's net profit was 2.58 trillion won, a year-on-year decrease of 23.6%. (First Financial Daily reporter Wu Ziye)

Investors are piling into South Korean stocks: • • Call option notional open interest on the South Korea ETF, $EWY, surged to a record $5.5 billion last week. • • The total dollar value of outstanding bullish bets has risen +600% over the last several weeks. • • To put this into perspective, weekly call open interest did not exceed $700 million before 2025. • • Meanwhile, the fund has also attracted +$6.3 billion in inflows year-to-date. • • As a result, the South Korean ETF is up +68% year-to-date, and +181% over the last 15 months, making it the best-performing major equity market globally. • • Investors are positioning for another leg higher in South Korean stocks.

Investors are piling into South Korean stocks: • • Call option notional open interest on the South Korea ETF, $EWY, surged to a record $5.5 billion last week. • • The total dollar value of outstanding bullish bets has risen +600% over the last several weeks. • • To put this into perspective, weekly call open interest did not exceed $700 million before 2025. • • Meanwhile, the fund has also attracted +$6.3 billion in inflows year-to-date. • • As a result, the South Korean ETF is up +68% year-to-date, and +181% over the last 15 months, making it the best-performing major equity market globally. • • Investors are positioning for another leg higher in South Korean stocks.