EWY is trading 10.1% down today as South Korea’s stock market suffers a rare double-digit decline, led by a sharp reversal in technology names after an extended AI-driven rally.
- Investors are taking profits across Korean growth and chip stocks amid a broader global tech risk-off tone, significantly amplifying volatility in the ETF.
- The current selloff has pushed EWY more than 10% lower compared to its June 22, 2026 close, reflecting a broader retreat from high-growth sectors.