The iShares MSCI South Korea ETF (NYSE:EWY) has done well this year, helped by the ongoing surge of Samsung and SK Hynix.
It has jumped by 87% this year, beating other popular US funds such as those tracking the Nasdaq 100 Index.
However, there is a risk that the fund may be about to reverse in the near term.
EWY ETF is Facing Some Major Risks South Korean stocks have soared this year, helped by the ongoing artificial intelligence boom that has pushed its top stocks like Samsung and SK Hynix to their record highs.
This growth has led to more demand for these stocks from South Korean and American investors.
