SimpleFunctions
2 source contracts·Kalshi 2·refreshed just now·Closes Jun 4, 2029 · 1014d

What will iShares MSCI South Korea ETF (EWY) hit in April 2026?

Bracket↓ $118

Liquidity-weighted aggregate sits at 31% across 2 Kalshi contracts.

Implied probability

31%
0%50%100%

Kalshi

31%

2 contracts

Polymarket

not bound

Cross-venue gap

single venue

24h move

no pin

24h volume

$0

2 contracts

Closes

Jun 4, 2029

1014 days

30-day trend

0%50%100%-30d-3w-2w-1wtodayAggregate: 8% (23 days, 23 points)Aggregate: 8% on 2026-08-24
Aggregate of 2 contracts · 23d

Bracket families

2 clusters across 2 contracts.

These contracts were grouped by title similarity. The headline aggregate combines all clusters; verify the cluster you actually need before quoting a number.

Cluster 1

Will Lee Jae Myung leave President of South Korea before Jan 1, 2027

1 contract$0

Cluster 2

Will South Korean President Lee Jae-myung serve their full term

1 contract$0

Analysis

This contract asks whether the iShares MSCI South Korea ETF (EWY) will close below $118 at any point in April 2026. The 23% probability reflects relatively low odds of such a decline from recent trading levels. South Korea's equity market is sensitive to macroeconomic conditions, including interest rate expectations, corporate earnings growth, and geopolitical tensions on the peninsula. The contract's current valuation suggests traders expect the Korean won and associated equities to remain relatively stable through April 2026. Key drivers of movement include domestic monetary policy decisions from the Bank of Korea, quarterly earnings reports from major holdings like Samsung and SK Hynix, and any shifts in U.S.-Korea trade relations or North Korean developments. The most concrete resolution point occurs at the end of April 2026, when the contract settles based on the ETF's intraday low during that month.

  • EWY's historical volatility relative to its current price level, which determines the statistical likelihood of reaching $118
  • Bank of Korea interest rate decisions and inflation data between now and April 2026, which directly influence Korean asset valuations
  • Earnings performance and forward guidance from EWY's largest weighted holdings during Q1 2026
  • Currency movements of the Korean won versus the U.S. dollar, since the ETF's price reflects both equity values and exchange rate fluctuations
  • Geopolitical events or policy announcements affecting U.S.-Korea relations, semiconductor trade, or North Korean developments

What moved the line

  • Aug 22Yes15pp3954¢ · Kalshi
  • Aug 19Yes3pp3639¢ · Kalshi

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

Lateral coverage

Thin contract — here's where the deeper coverage is.

This page aggregates 2 contracts (31% headline). At low contract count, the price reflects two participants’ opinions, not a market consensus. The links below are heavier related questions where the orderbook signal is real.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: just now.