South Korea still looks like the top Emerging Market trade even after a record rally

A momentum-and-quality analytical framework across 21 single-country emerging market ETFs plus two broad EM benchmarks (EEM, VWO), 23 funds in total, ranks South Korea (EWY) first by a wide margin, with Taiwan (EWT) and Greece (GREK) as the two runner-ups.1 The data says the AI-memory supercycle and Korea's corporate-governance reset are the highest-conviction EM setup into year-end 2026, not a diversified basket.