The Smartest ETF to Buy With $1,000 Right Now
Yahoo Finance·2025-10-30 19:07

Group 1 - The Korea Composite Stock Price Index (Kospi) has increased by 70% year to date, significantly outperforming the S&P 500 by over 50 percentage points [3][4] - The iShares MSCI South Korea ETF (NYSEMKT: EWY), which tracks large- and mid-cap stocks in South Korea, has surged by 88% this year [3][4] - The rise in South Korea's stock market is partly attributed to advancements in AI, particularly benefiting tech stocks and chipmakers [4] Group 2 - Newly elected President Lee Jae Myung aims to eliminate the "Korea discount" by implementing new shareholder protections and lowering capital gains tax thresholds, which is attracting investor interest [5] - Foreign investors are now net buyers of Korean stocks, indicating increased confidence in the market [8]