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  • ETF
  • NKY
    Pricing Data
    $17.92
    Change: $0.47 (0.03%)
    Time: 04/27/16
    Previous Close: $17.45
  • Category
  • Japan Equities
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $15.87
  • 52 Week Hi: $19.89
  • AUM: $44.3 M
  • Shares: 2.5 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 47,660
  • 3 Month Avg. Volume: 35,536

Alternative ETFs in the Japan Equities Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF, the first from Precidian Funds, offers exposure to one of the most widely followed benchmarks in the world: the Nikkei 225. That benchmark is used as a barometer for the Japanese economy, and includes 225 stocks listed on the Tokyo stock exchange. Given that country-specific focus, NKY can be used in a variety of different ways. It might be appealing to investors looking to make a tactical shift towards Japan (or as a short selling candidate for those with a bearish outlook). It might also be a useful tool for adding Japan exposure to a longer-term, buy-and-hold portfolio. Some investors may prefer to access Japan though broad-based ETFs such as EFA or ACWI, but those looking to fine tune Japanese exposure to optimize their risk/return profile may find country-specific funds such as NKY to be useful. The most noteworthy element of NKY is the nature of the underlying index. The Nikkei is a price-weighted benchmark, a feature that may be appealing to certain investors. Because it breaks the link between stock price and weighting, NKY steers clear of some of the potential inefficiencies that may plague cap-weighted products such as EWJ. Price weighting can also be seen as a somewhat arbitrary methodology that doesn't always accurately reflect movements in the health of the overall economy. While NKY and EWJ offer exposure to many of the same companies, the breakdown by concentration, individual holdings, and sector allocations can be quite different between the two. Investors looking for other ways to access Japan have no shortage of options in the Japan Equities ETFdb Category, including small caps (JSC, SCJ), currency hedged products (DXJ, DBJP), and an ETF linked to an "enhanced" index (FJP). NKY features an attractive expense ratio; this ETF is among the most cost efficient in the category.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for NKY on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Japan Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

NKY Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ EWJ
Expenses C HGJP
Performance
Volatility
Dividend
Concentration

Knowledge Centers

NKY In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

NKY Holdings

Filings Data as of: Mar 02, 2016
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Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.

Number of Holdings
Rank:
228
Category Low
Category High
% Assets in Top 10
Rank:
31.71%
Category Low
Category High

Asset Allocation

Asset Percentage
U.S. Stocks -0.05%
International Stocks 99.75%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 0.21%
Other 0.09%

Sector Breakdown

Sector Percentage
Consumer Cyclical 21.04%
Industrials 19.59%
Technology 13.57%
Health Care 11.29%
Consumer Defensive 9.37%
Basic Materials 9.17%
Communication Services 8.56%
Financial Services 3.18%
Real Estate 3.01%
Energy 0.7%
Utilities 0.26%

Market Cap Breakdown

Market Cap Percentage
Giant 47.38%
Large 37.72%
Medium 14.11%
Small 0.54%
Micro 0.0%

Region Breakdown

Region Percentage
Japan 99.75%
Middle East 0.0%
Australia 0.0%
Asia (Emerging) 0.0%
Asia (Developed) 0.0%
Africa 0.0%
Europe 0.0%
Latin America 0.0%
Canada 0.0%
U.S. 0.0%

Market Tier Breakdown

Region Percentage
Developed 99.75%
Emerging 0.0%

Country Breakdown

Country Percentage
Japan 99.75%
Other 0.25%

NKY Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
0.578%
ETF Wtd. Average
0.26%
Category Average
0.44%
Expense Ratio
Rank:
0.50%
Category Low
Category High

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 9 other ETFs in the Japan Equities ETFdb Category that are also eligible for commission free trading:

NKY Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Rank:
1.13%
Category Low
Category High
4 Week Return
Rank:
10.75%
Category Low
Category High
13 Week Return
Rank:
-2.13%
Category Low
Category High
26 Week Return
Rank:
1.00%
Category Low
Category High
Year to Date Return
Rank:
-3.03%
Category Low
Category High
1 Year Return
Rank:
-3.49%
Category Low
Category High
3 Year Return
Rank:
21.72%
Category Low
Category High
5 Year Return
Rank:
No Ranking Available
Category Low
Category High

Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of NKY relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

NKY Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Rank:
18.24
Category Low
Category High

NKY Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend
$0.10
Dividend Date
2015-12-29
Annual Dividend Rate
$0.18
Annual Dividend Yield
Rank:
1.02%
Category Low
Category High

NKY Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Rank:
91.18%
Category Low
Category High
20 Day Volatility
Rank:
18.86%
Category Low
Category High
50 Day Volatility
Rank:
24.59%
Category Low
Category High
200 Day Volatility
Rank:
19.81%
Category Low
Category High
Beta
Rank:
1.18
Category Low
Category High
Standard Deviation
Rank:
0.96%
Category Low
Category High

Technicals

  • 20 Day MA: $17.10
  • 60 Day MA: $17.42
  • MACD 15 Period: 0.63
  • MACD 100 Period: -0.05
  • Williams % Range 10 Day: n/a
  • Williams % Range 20 Day: n/a
  • RSI 10 Day: 69
  • RSI 20 Day: 59
  • RSI 30 Day: 54
  • Ultimate Oscillator: 60

Bollinger Brands

  • Lower Bollinger (10 Day): $16.92
  • Upper Bollinger (10 Day): $18.03
  • Lower Bollinger (20 Day): $16.16
  • Upper Bollinger (20 Day): $18.03
  • Lower Bollinger (30 Day): $16.09
  • Upper Bollinger (30 Day): $17.94

Support & Resistance

  • Support Level 1: $17.80
  • Support Level 2: $17.68
  • Resistance Level 1: $17.98
  • Resistance Level 2: $18.04

Stochastic

  • Stochastic Oscillator %D (1 Day): 57.90
  • Stochastic Oscillator %D (5 Day): 60.28
  • Stochastic Oscillator %K (1 Day): 46.89
  • Stochastic Oscillator %K (5 Day): 58.45

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.