South Korea ETF outperforms S&P 500 as leadership flips.
EWI’s South Korea exposure has outperformed the S&P 500 over the last decade, with most of the gain coming in the past year after lagging.
EWI is said to have beaten the S&P 500 over the past 10 years, but the key detail is that the outperformance largely happened in the past year after underperforming through 2024. The implication is renewed momentum in South Korea equities supported by accelerating ETF growth.