EWJ
iShares MSCI Japan ETF

Price: $73.43
Change: $0.52 (-0.01%)
Category: Japan Equities
Last Updated:

Vitals

Analyst Report

This ETF offers exposure to large cap Japanese stocks, making EWJ an opportunity to bet on one of the largest economies in the world that has been stuck in a low growth environment for several decades. EWJ is by far the most popular ETF option for exposure to Japanese stocks, and is by far the oldest focusing on this market. EWJ is very well diversified for an international equity ETF, holding hundreds of individual stocks and generally avoiding significant concentrations in any big names. Exposure is balanced from a sector perspective as well; besides a decent allocation to industrials— close to one-quarter of the total— the portfolio is spread relatively evenly across the Japanese economy. It should be noted that EWJ consists primarily of large and mega cap stocks; investors who would prefer to round out exposure through small caps or prefer small caps as a means of establishing international equity exposure have multiple options (SCJ, JSC, and DFJ) available to them. EWJ is a nice option for Japanese equity exposure; thin spreads, low costs, and balanced exposure make for a quality ETF.

ETF Database Themes

FactSet Classifications

  • Segment Equity: Japan - Total Market
  • Category Size and Style
  • Focus Total Market
  • Niche Broad-based
  • Strategy Vanilla
  • Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $57.15
  • 52 Week Hi $74.12
  • AUM $13,029.4 M
  • Shares 176.0 M

Historical Trading Data

  • 1 Month Avg. Volume 6,390,448
  • 3 Month Avg. Volume 5,272,132

Alternative ETFs in the ETF Database Japan Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLJP 0.09% $661.8 M 97,114 9.66%
Largest (AUM) BBJP 0.19% $9.7 B 469,640 9.48%
Most Liquid (Volume) BBJP 0.19% $9.7 B 469,640 9.48%
Top YTD Performer DXJ 0.48% $1.8 B 361,200 19.99%

Alternative ETFs in the FactSet Equity: Japan - Total Market Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest JPN 0.09% $19.7 M 2,409 9.64%
Largest (AUM) BBJP 0.19% $9.7 B 469,640 9.48%
Most Liquid (Volume) BBJP 0.19% $9.7 B 469,640 9.48%
Top YTD Performer DXJ 0.48% $1.8 B 361,200 19.99%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

EWJ ETF Database Category Average FactSet Segment Average
Number of Holdings 274 368 289
% of Assets in Top 10 22.63% 27.49% 32.02%
% of Assets in Top 15 29.16% 32.51% 37.39%
% of Assets in Top 50 56.90% 54.59% 60.74%

Size Comparison

EWJ ETF Database Category Average FactSet Segment Average
Large (>12.9B) 76.66% 55.08% 66.24%
Mid (>2.7B) 23.34% 29.98% 31.90%
Small (>600M) 0.00% 12.29% 1.76%
Micro (<600M) 0.00% 2.65% 0.10%

EWJ Valuation

This section compares the P/E ratio of this ETF to its peers.

EWJ
P/E Ratio
16.61
ETF Database Category Average
P/E Ratio
16.04
FactSet Segment Average
P/E Ratio
16.86

EWJ Dividend

This section compares the dividend yield of this ETF to its peers.

EWJ ETF Database Category Average FactSet Segment Average
Dividend $ 0.51 $ 0.51 $ 0.51
Dividend Date 2021-06-10 N/A N/A
Annual Dividend Rate $ 0.76 $ 0.72 $ 0.66
Annual Dividend Yield 1.03% 1.39% 1.31%

EWJ Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 110.2 M 1 Month Net Flows: 226.12 M 3 Month Net Flows: 356.11 M 6 Month Net Flows: -1.37 B 1 Year Net Flows: 209.88 M 3 Year Net Flows: -5.84 B 5 Year Net Flows: -5.96 B 10 Year Net Flows: -158.28 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for EWJ 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.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A+ n/a
Expenses B- n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

EWJ Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

EWJ
Expense Ratio
0.51%
ETF Database Category Average
Expense Ratio
0.38%
FactSet Segment Average
Expense Ratio
0.35%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores
6.45/10
ESG Score
55.93%
Global Percentile
70.52%
Peer Percentile
    • Revenue Exposure to Environmental Impact (%)
      Higher is better, no ESG score impact
    • Severe Environment Controversies (%)
      Lower improves ESG score
    • Sustainable Impact Solutions (%)
      9.74%
      Higher is better, no ESG score impact
    • Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
      72.68
      Higher is worse, no ESG score impact
    • Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • High Impact Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • Water Stress High Risk Business Segment (%)
      Lower improves ESG score
    • Water Stress High Risk Geography (%)
      Lower improves ESG score
    • Water Stress Exposure Moderate (%)
      Lower improves ESG score
    • Water Stress Exposure High (%)
      Lower improves ESG score
    • Water Stress Exposure Low (%)
      Higher improves ESG score
    • Revenue Exposure to Energy Efficiency (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Alternative Energy (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Green Building (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Pollution Prevention (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Water Sustainability (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Social Impact (%)
      Higher is better, no ESG score impact
    • Sustainable Impact Solutions (%)
      9.74%
      Higher is better, no ESG score impact
    • SRI Exclusion Criteria (%)
      7.57%
      Higher is worse, no ESG score impact
    • Revenue Exposure to Affordable Real Estate (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Education (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Major Disease Treatment (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Nutrition (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Sanitation (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to SME Finance (%)
      Higher is better, no ESG score impact
    • Human Rights Norms Violation (%)
      Higher is worse, no ESG score impact
    • Human Rights Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Human Rights Controversies (%)
      Lower improves ESG score
    • Labor Norms Violation (%)
      Higher is worse, no ESG score impact
    • Labor Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Labor Controversies (%)
      Lower improves ESG score
    • Severe Customer Controversies (%)
      Lower improves ESG score
    • Global Compact Compliance Violation (%)
      Higher is worse, no ESG score impact
    • Global Compact Compliance Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Catholic Values Fail (%)
      Higher is worse, no ESG score impact
    • Islamic Non-Compliant (%)
      Higher is worse, no ESG score impact
    • Adult Entertainment Involvement (%)
      Higher is worse, no ESG score impact
    • Alcohol Involvement (%)
      Higher is worse, no ESG score impact
    • Gambling Involvement (%)
      Higher is worse, no ESG score impact
    • Nuclear Power Involvement (%)
      Higher is worse, no ESG score impact
    • Tobacco Involvement (%)
      Higher is worse, no ESG score impact
    • Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Controversies Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Retailer (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Producer (%)
      Higher is worse, no ESG score impact
    • Direct Predatory Lending Involvement (%)
      Higher is worse, no ESG score impact
    • Genetic Engineering Involvement (%)
      Higher is worse, no ESG score impact
    • Severe Governance Controversies (%)
      Lower improves ESG score
    • Board Flag (%)
      Lower improves ESG score
    • Lack of Independent Board Majority (%)
      Lower improves ESG score
    • Board Independence (0-25%) (%)
      Lower improves ESG score
    • Board Independence (25-50%) (%)
      Lower improves ESG score
    • Board Independence (50-75%) (%)
      Higher improves ESG score
    • Board Independence (75-100%) (%)
      Higher improves ESG score
    • No Female Directors (%)
      Lower improves ESG score
    • Three OR More Female Directors (%)
      Higher improves ESG score
    • Females Represent 30% of Directors (%)
      Higher improves ESG score
    • Entrenched Board (%)
      Lower improves ESG score
    • Overboarding (%)
      Lower improves ESG score
    • Negative Director Votes (%)
      Lower improves ESG score
    • Ownership AND Control Flag (%)
      Lower improves ESG score
    • One Share One Vote (%)
      Lower improves ESG score
    • No Annual Director Elections (%)
      Lower improves ESG score
    • Does Not Use Majority Voting (%)
      Lower improves ESG score
    • Significant Votes Against Pay Practices (%)
      Lower improves ESG score
    • Controlling Shareholder (%)
      Lower improves ESG score
    • Controlling Shareholder Concerns (%)
      Lower improves ESG score
    • Cross Shareholdings (%)
      Lower improves ESG score
    • Poison Pill (%)
      Lower improves ESG score
    • Pay Flag (%)
      Lower improves ESG score
    • No Pay Performance Link (%)
      Lower improves ESG score
    • Lack of Internal Pay Equity (%)
      Lower improves ESG score
    • Executive Pay Non-Disclosure (%)
      Lower improves ESG score
    • Accounting Flag (%)
      Lower improves ESG score

EWJ Performance

This section shows how this ETF has performed relative to its peers.

EWJ ETF Database
Category Average
Factset Segment
Average
1 Month Return 10.16% 10.12% 10.27%
3 Month Return 9.19% 9.04% 8.99%
YTD Return 9.49% 12.95% 12.55%
1 Year Return 24.76% 25.33% 26.41%
3 Year Return 32.53% 25.05% 28.35%
5 Year Return 64.50% 47.88% 48.35%

EWJ Price and Volume Chart

Geographic Exposure

The following charts reflect the geographic spread of EWJ's underlying holdings.

Sector Breakdown

Asset Percentage
Share/Common/Ordinary 99.79%
CASH 0.19%
Other 0.02%
Sector Percentage
Consumer Durables 16.71%
Finance 12.2%
Electronic Technology 12.06%
Producer Manufacturing 11.86%
Health Technology 9.29%
Technology Services 6.71%
Consumer Non-Durables 5.21%
Communications 4.97%
Process Industries 4.36%
Distribution Services 3.74%
Retail Trade 3.7%
Transportation 3.09%
Commercial Services 1.73%
Consumer Services 1.25%
Utilities 0.95%
Non-Energy Minerals 0.85%
Energy Minerals 0.59%
Industrial Services 0.52%
CASH 0.19%
Other 0.02%
Market Cap Percentage
Large 76.66%
Mid 23.34%
Micro 0.0%
Small 0.0%
Region Percentage
Asia Pacific 99.79%
Other 0.21%
Region Percentage
Country Percentage
Japan 99.79%
Other 0.21%
Asset Percentage
Share/Common/Ordinary 99.79%
CASH 0.19%
Other 0.02%

EWJ Technicals

Volatility Analysis

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

5 Day Volatility
57.86%
Rank
12 of 17

20 Day Volatility
13.60%
Rank
3 of 17

50 Day Volatility
14.43%
Rank
11 of 17

200 Day Volatility
14.82%
Rank
11 of 17

Beta
0.66
Rank
13 of 17

Standard Deviation
3.79%
Rank
3 of 17

Technicals

  • 20 Day MA $70.65
  • 60 Day MA $68.73
  • MACD 15 Period 1.77
  • MACD 100 Period 5.08
  • Williams % Range 10 Day 22.40
  • Williams % Range 20 Day 8.67
  • RSI 10 Day 70
  • RSI 20 Day 67
  • RSI 30 Day 64
  • Ultimate Oscillator 63

Bollinger Bands

  • Lower Bollinger (10 Day) $71.63
  • Upper Bollinger (10 Day) $74.51
  • Lower Bollinger (20 Day) $65.44
  • Upper Bollinger (20 Day) $75.79
  • Lower Bollinger (30 Day) $64.66
  • Upper Bollinger (30 Day) $74.71

Support & Resistance

  • Support Level 1 $73.21
  • Support Level 2 $72.98
  • Resistance Level 1 $73.61
  • Resistance Level 2 $73.78

Stochastic

  • Stochastic Oscillator %D (1 Day) 69.02
  • Stochastic Oscillator %D (5 Day) 68.27
  • Stochastic Oscillator %K (1 Day) 60.89
  • Stochastic Oscillator %K (5 Day) 80.70

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

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.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

Disclosures

Copyright © 2021 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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