MKOR is trading at $63.17, down 3.20% from its last close of $65.26, as Korea-focused tech and growth stocks face selling pressure.
- The fund, which is heavily tilted toward large-cap technology names like Samsung Electronics and SK hynix, is underperforming despite broader U.S. indices trading higher.
- The decline likely reflects profit-taking after strong recent gains in South Korea ETFs and ongoing global concerns regarding AI infrastructure valuation risks.