Other South Korea ETFs include the Deutsche X-trackers MSCI South Korea Hedged Equity ETF (NYSEARCA: DBKO).
DBKO “seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Korea 25/50 US Dollar Hedged Index. The index is designed to provide exposure to South Korean equity markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and the South Korean won,” according to Deutsche Asset Management.
EWY allocates over 36% of its weight to technology stocks, an allocation that is more than double its second-largest sector weight. Financial services and consumer discretionary names combine for about 27% of the ETF’s weight.
For more information on the South Korean markets, visit our South Korea category.