iShares MSCI South Korea fund

EWY, the iShares MSCI South Korea ETF, a BlackRock fund holding the large and mid-sized companies listed in Seoul. It follows the MSCI Korea 25/50 index, which weights by market value but caps any one company at 25% and all positions above 5% at half the fund together, a cap that bites in a market Samsung Electronics dominates. It launched in 2000. EWY here is a Robinhood Stock Token from Robinhood Assets (Jersey) Limited, backed by iShares MSCI South Korea ETF shares held at Alpaca Securities; dividends are reinvested into more shares and show up as a rising multiplier on the token balance.