Why EM ETFs Are Diverging More Than Ever in 2026

Lucas and Luna dig into the striking divergence among emerging market ETFs in late May 2026. The iShares MSCI South Korea ETF (EWY) surged 13.1% in five days on chip demand, while the KraneShares CSI China Internet ETF (KWEB) dropped 0.7% and Alibaba fell 4.4%. They explore what's driving the gap: structural resilience versus regulatory uncertainty, and what it means for investors. The hosts also examine the strong dollar's shifting impact on EM trade, with the trade-weighted dollar index at 119.3 and the yuan at 6.79 per dollar. A focused conversation on why blanket EM exposure is losing relevance in a fragmented market. #EmergingMarkets #ETFs #SouthKorea #China #EWY #KWEB #Alibaba #StrongDollar #Trade #Chips #Semiconductors #Investing #Divergence #May2026 #FexingoBusiness #BusinessPodcast #Economics #MarketAnalysis Keep every episode free: buymeacoffee.com/fexingo