![What Is the underlying index that the EWY ETF aims to track?](/analysis-quote/_next/image?url=https%3A%2F%2Fstrapi.etfinsider.co%2Fuploads%2FETF_overlap_check_tool_35075e8e0c.jpg&w=750&q=75)
What Is the underlying index that the EWY ETF aims to track?
The EWY ETF aims to track the performance of the underlying index called the MSCI Korea Index. This index is designed to measure the equity market performance of companies based in South Korea. It includes large, mid, and small-cap companies across various sectors and provides investors with exposure to the overall Korean stock market.