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EWJ

EWJ NYSE

iShares MSCI Japan ETF · by BlackRock

Price
¥98.28
YTD return
+12.45%
1Y return
15.20%
Expense ratio
0.50%
Dividend yield
1.65%
AUM
$14B
Country/Region 🇯🇵 Japan ETFs Equity Risk: Medium Since 1996-03-12

iShares MSCI Japan ETF provides comprehensive exposure to the Japanese equity market, covering large and mid-cap stocks listed on the Tokyo Stock Exchange.

What is EWJ?

The iShares MSCI Japan ETF (EWJ) is the most popular and liquid US-listed Japan ETF, providing broad exposure to Japanese equities spanning technology, automotive, financials, and industrial sectors. Japan is the world's third-largest economy.

Sector Allocation

  • Industrials: 22.5%
  • Consumer Discretionary: 18.2%
  • Technology: 15.8%
  • Financials: 12.5%
  • Healthcare: 8.5%
  • Materials: 6.2%
  • Communication Services: 5.8%
  • Consumer Staples: 4.5%
  • Real Estate: 3.2%
  • Utilities: 1.8%
  • Energy: 1.0%

Japanese Market Outlook

Japan's stock market has experienced a significant renaissance driven by corporate governance reforms, the weakening yen boosting exporters, and Warren Buffett's high-profile investments in Japanese trading companies. The Tokyo Stock Exchange's push for companies to improve capital efficiency has been a major catalyst.

Top holdings

Every holding links to its own page with a live price and the full list of funds that own it.

#HoldingTickerSectorWeightPrice
1 Toyota Motor TM Consumer Discretionary 5.20% $197.11 -1.38%
2 Sony Group SONY Technology 3.80% $24.56 -1.60%
3 Mitsubishi UFJ MUFG Financials 3.50% $24.09 -0.17%
4 Keyence Corp KYCCF Technology 3.10% $504.38 0.89%
5 Hitachi HTHIY Industrials 2.80% $34.67 0.49%
6 Shin-Etsu Chemical SHECY Materials 2.50% $18.61 -1.38%
7 Recruit Holdings RCRUY Industrials 2.20% $20.87 -1.70%
8 Tokyo Electron TOELY Technology 2.00% $176.49 2.57%
9 Nintendo NTDOY Communication Services 1.80% $14.07 -1.26%
10 SoftBank Group SFTBY Communication Services 1.60% $17.72 7.79%

Frequently asked questions

Is EWJ a good investment?

EWJ provides broad Japanese equity exposure. Japan has seen renewed investor interest due to corporate reforms and attractive valuations compared to US markets.

Does EWJ hedge currency?

No, EWJ is unhedged. A weakening yen reduces USD returns while a strengthening yen enhances them. Consider DXJ for currency-hedged Japan exposure.

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Community

EWJ discussion

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