iShares MSCI South Korea Capped ETF (NYSEArca: EWY)
Local Marktet YTD: Flat
ETF YTD: -1.7%
Comment: Earlier this year, EWY was hamstrung by concerns the weak yen and Federal Reserve tapering would hinder Asia’s fourth-largest economy. South Korean stocks have dealt with those fears with aplomb as EWY is up more than 13% in the past 90 days. Cheap valuations plus a strong currency plus a reputation as one of the least volatile emerging markets has equaled success for