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iShares MSCI South Korea ETF (EWY) belongs to the Asia Pacific Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EWY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EWY

EWY charges 0.59% annually. There are 25 ETFs in the Asia Pacific Equities category with lower expense ratios, going as low as 0.08%.


Best Risk-Adjusted Alternatives to EWY

EWY has a PortfoliosLab risk / return rank of 97. No ETFs in the Asia Pacific Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 96.


Top Performing EWY Alternatives (YTD)

EWY is at 120.66% YTD. No ETFs in the Asia Pacific Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 116.13%.


Lowest Volatility Alternatives to EWY

EWY has 42.10% 1-year volatility. There are 54 ETFs in the Asia Pacific Equities category with lower 1-year volatility, going as low as 12.90%.


Lowest Drawdown Alternatives to EWY

EWY has a 1-year max drawdown of -23.08%. There are 47 ETFs in the Asia Pacific Equities category with shallower 1-year drawdowns, going as shallow as -7.27%.


Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.


Often Compared With EWY

Investors most often compare EWY with SPY, EWJ, KORU. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
State Street SPDR S&P 500 ETFS&P 500
75
11.69%
781.00BJan 1993EWY vs SPY
iShares MSCI Japan ETFJapan Equities
46
15.90%
21.30BMar 1996EWY vs EWJ
Direxion Daily South Korea Bull 3X SharesLeveraged Equities
98
574.61%
1.73BApr 2013EWY vs KORU
Invesco QQQ ETFNasdaq-100
77
21.62%
493.99BMar 1999EWY vs QQQ
iShares China Large-Cap ETFChina Equities
13
-5.04%
5.52BOct 2004EWY vs FXI
iShares MSCI Indonesia ETFAsia Pacific Equities
1
-31.44%
288.61MMay 2010EWY vs EIDO
Franklin FTSE Korea UCITS ETFAsia Pacific Equities
97
123.75%
3.40BJun 2019EWY vs FLRK.L
Fidelity Emerging Asia FundAsia Pacific Equities
93
37.23%
Apr 1993EWY vs FSEAX
iShares MSCI Pacific ex Japan ETFAsia Pacific Equities
39
10.76%
2.12BOct 2001EWY vs EPP
VanEck Semiconductor ETFSemiconductors, Technology Equities
96
75.55%
67.82BDec 2011EWY vs SMH
PLUS Korea Defense Industry Index ETFAerospace & Defense
30
8.67%
59.99MFeb 2025EWY vs KDEF
Vanguard FTSE Europe ETFEurope Equities
34
6.90%
37.80BMar 2005EWY vs VGK
Franklin FTSE Korea UCITS ETFAsia Pacific Equities
97
126.43%
Jun 2019EWY vs FLXK.DE
iShares MSCI Korea UCITS ETF (Acc)Asia Pacific Equities
97
119.32%
959.71MAug 2010EWY vs CSKR.L
iShares MSCI Chile ETFForeign Large Cap Equities
33
0.47%
1.06BNov 2007EWY vs ECH
The Korea Fund IncEmerging Markets Equities
98
115.17%
Aug 1984EWY vs KF
Roundhill Memory ETFTechnology Equities13.88BApr 2026EWY vs DRAM
iShares MSCI Philippines ETFAsia Pacific Equities
4
-1.36%
127.92MSep 2010EWY vs EPHE
Strive Emerging Markets Ex-China ETFEmerging Markets Diversified
93
48.78%
152.90MJan 2023EWY vs STXE
iShares MSCI Poland ETFEurope Equities
53
14.18%
642.55MMay 2010EWY vs EPOL

Compare EWY with Any Fund or Stock

Compare EWY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair EWY with funds that move differently

iShares MSCI South Korea ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EWY.

Explore EWY Diversifiers