Goldman Sachs analysts project KOSPI to continue outperforming US equity indices after a 50% YTD gain versus SPX's 4.47% rise.
Korea's Reshoring Investment Accounts policy cut/exempted capital gains tax, raising accounts to 160,000 with $706 million RIA balances.
Retail inflows into Korean ETFs outpace foreign‑equity ETFs in 2026 YTD, while foreign investors pull back from KOSPI tech and auto.
Sector performance shows shipbuilding, machinery and tech leading, whereas pharma, insurance and securities lag, supporting KOSPI’s high‑beta outlook.