What is EWJ?

EWJ tracks a market-cap-weighted index which covers roughly 85% of the investable universe of securities traded in Japan.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EWJ 5.24% 19.69% 6.26% -10.01% 0.41% -0.35% 5.47%
EWJ (NAV) 4.41% 19.37% 5.42% -10.24% 0.36% -0.38% 5.47%
MSCI Japan Index 2.42% 17.39% 3.80% -12.06% 0.31% -0.28% 5.73%
MSCI Japan IMI 2.24% 17.01% 3.26% -11.26% -0.06% -0.63% 5.86%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EWJ Factset Analytics Insight

EWJ provides broad exposure to the Japanese equity market. It was the first Japan-focused ETF to launch in 1996 and quickly became the bellwether for US-based investors wanting Japanese market exposure. The fund excludes the bottom 15% of Japanese companies by market cap, which tilts it slightly larger than our broad benchmark. Otherwise, EWJ is well aligned with the Japanese stock market. While its headline expense ratio stands out as high versus segment peers, actual holding costs as measured by tracking data are more competitive. The fund is a titan when it comes to both on-screen and block liquidity. Ease of trading and massive AUM make EWJ a staple in the segment and combined with marketlike exposure earn the nod for Analyst Pick.

EWJ Summary Data

Blackrock
03/12/96
0.50%
$9.93B
MSCI Japan Index
MSCI Japan IMI
Open-Ended Fund

Peers

MSCI Japan IMI

Fund Flows

$0.00B 5 Days
+$0.14B 30 Days
-$0.42B 90 Days

EWJ Portfolio Data

$43.78B
14.33
1.35
1.16%
06/07/23
238

EWJ Index Data

MSCI Japan Index
Market Cap
Market Cap
MSCI Japan IMI

EWJ Portfolio Management

0.50%
-0.31%
-0.24%
-0.43%

EWJ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

EWJ Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of EWJ. EWJ is rated a 5 out of 5.

EWJ Tradability

4,014,820
$222.15M
3,870,317
$209.44M
0.02%
$0.01
0.02%
0.54% / -0.48%
None
0.00%
150,000
25.80
0.05%
0.09%
236,381
$57.66
5

EWJ Sector/Industry Breakdown

EWJ Segment
Benchmark
15.24% --
13.06% --
12.64% --
12.11% --
9.56% --
5.31% --
5.29% --
5.18% --
4.76% --
3.74% --

EWJ Top 10 Holdings

4.63%
3.37%
2.69%
2.65%
1.77%
1.72%
1.70%
1.59%
1.54%
1.52%
23.19%

EWJ Performance Statistics

1.00
1.02
1.03
1.02
0.07%
MSCI Japan IMI

EWJ Countries

EWJ Segment
Benchmark
99.72% 100.00%
0.28% --

EWJ Regions

EWJ Segment
Benchmark
99.72% 100.00%
0.28% --

EWJ Economic Development

EWJ Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

EWJ Benchmark Comparison Holdings

238
1080
237
80.68%

EWJ Benchmark Comparison Summary

EWJ Segment
Benchmark
238 1080
$43.78B $35.86B
14.33 14.29
1.35 1.29
2.37% 2.39%
Low Low

EWJ Benchmark Comparison Market Cap Size

EWJ Segment
Benchmark
75.36% 61.07%
24.22% 24.85%
0.00% 12.49%
0.00% 1.58%