UBL Pakistan Enterprise ETF
EWJ NYSE
iShares MSCI Japan ETF · by BlackRock
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.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 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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EWJ discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of EWJ in 2026?
EWJ price prediction 2026: what actually drives it?
Does EWJ pay a dividend, and how reliable is the yield?
Is EWJ a good long-term hold, or too concentrated?
Which Japan stocks moved this week? (Aug 17, 2026)
Which Japan stocks moved this week? (Aug 24, 2026)
Which Japan stocks moved this week? (Aug 31, 2026)
Which Japan stocks moved this week? (Sep 7, 2026)
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