I been looking into this ETF, ticker FLXK.
It tracks large/mid-cap Korean stocks and is heavily weighted toward tech \~50% with holdings like Samsung and SK Hynix. But also other sectors like consumer goods and healthcare.
There are a few pros:
Big exposure to the AI / memory supply chain, biggest bottleneck of AI. Especially considering the enterprise expansion we will have this year. Blackrock has increased their SK Hynix holding to 5%, which hasn’t happened in a decade:
Korean equities trade at lower valuations vs US tech.
Very low expense ratio (\~0.09%), which is cheap for country specific exposure
Geographic diversification outside the US. Especially considering all the trump shenanigans.