KORU is trading 19.1% down today as South Korean equities face heavy pressure from a global semiconductor selloff and concerns over AI spending sustainability.

  • The decline follows broader weakness in major chip names like Nvidia, significantly impacting leveraged South Korea exposure.
  • Risk-off sentiment across Asian markets and anticipation of the July 28 FOMC meeting are adding further pressure to the ETF.
  • Analysts view the move as sector-driven rather than fund-specific, reflecting a wider correction in global tech and semiconductor valuations.