---
symbol: "EWY"
name: "iShares MSCI Korea ETF"
date: 2026-09-25
change_pct: 2.222222222222218
direction: "up"
event_type: "theme_sympathy"
url: "https://perplo.app/why/EWY/2026-09-25"
updated_at: 2026-09-25T23:06:37.072Z
---

# Why iShares MSCI Korea ETF (EWY) rose 2.22% on September 25, 2026

iShares MSCI Korea ETF (EWY) rose 2.22% on September 25, 2026 — Korea Tech surge powers ETF higher.

## What happened

The iShares MSCI Korea ETF rose as Korea Tech rallied on SK Hynix's Solidigm IPO exploration at a $150 billion valuation, lifting the broad Korean equity index through large-cap semiconductor exposure.

## Why it moved

EWY's heavy weighting to Samsung and SK Hynix means it captures semiconductor and memory upside directly; positive sentiment from Solidigm's high potential valuation flows through the entire Korean large-cap basket.

## Why it matters

Korea Tech supercycle momentum is now priced into the ETF; Solidigm's IPO validates structural demand for AI and enterprise storage, bolstering the case for sustained Korean tech outperformance.

## What would break the thesis

If the IPO stalls or global tech sentiment deteriorates, the ETF's leverage to Korean semiconductors becomes a downside amplifier.

## Sources

- [SK Hynix’s Solidigm said to mull IPO that could value unit at $150B](https://finnhub.io/api/news?id=bfe088385c9ac7301b800aebbd1e3b4a02d8e9749c4463b8f7c0ee8ebda4e788) — Yahoo

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