---
symbol: "EWY"
name: "iShares MSCI Korea ETF"
date: 2026-10-01
change_pct: 1.824857518632186
direction: "up"
event_type: "theme_sympathy"
url: "https://perplo.app/why/EWY/2026-10-01"
updated_at: 2026-10-01T19:06:30.652Z
---

# Why iShares MSCI Korea ETF (EWY) rose 1.82% on October 1, 2026

iShares MSCI Korea ETF (EWY) rose 1.82% on October 1, 2026 — SK's $200B US investment plan fuels Korea tech surge.

## What happened

Trump announced a $200 billion South Korean investment commitment in US projects, boosting Korea Tech sentiment and lifting the broad Korea equity index via improved bilateral trade and capex outlook.

## Why it moved

A large foreign investment pledge from Korea reduces recession/tariff overhang and improves demand visibility for Korea's chip, display, and industrial exporters; the Korea ETF benefits from the cumulative lift across…

## Why it matters

Korea Tech is repricing higher on restored US-Korea trade momentum and confirmed capex commitments; the ETF captures this broad sentiment shift across semiconductors, electronics, and industrial names.

## What would break the thesis

If the pledge is revealed to be symbolic without concrete timelines or funding, or if US trade tensions re-emerge, the Korea premium unwinds.

## Sources

- [Trump to unveil $200 billion investment in US projects by South Korea, White House says](https://www.investing.com/news/commodities-news/trump-expected-to-announce-54-billion-south-korea-investment-in-alaska-lng-sources-say-4925265) — Investing.com
- [SK Chemicals earns top AAA rating in MSCI ESG assessment](https://www.koreaherald.com/article/10889225) — Korea Herald
- [Cosmax develops AI model to predict hair loss risk](https://www.koreaherald.com/article/10888987) — Korea Herald

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