JPMV

iShares Edge MSCI Min Vol Japan ETF
C

69
*Unless otherwise stated, data provided by FactSet.

JPMV Fund Description

JPMV tracks an index of Japan equities selected and weighted to create a low-volatility portfolio subject to constraints including sector exposure.

JPMV Factset Analytics Insight

JPMV brings robust minimum volatility exposure to the wildly popular Japan equity space. The segment is no stranger to alternative exposure, but most of the recent attention has been on currency-hedged plays. JPMV instead parses the space with a complex optimizer that also powers the popular US low-vol fund, USMV. The optimizer uses each stock’s co-movement with other stocks, as well as its volatility—in keeping with classic portfolio theory—and adds constraints to avoid sector biases and to squelch unwanted factors (style, momentum, etc.). JPMV pulls from the same rock-solid MSCI index that’s tracked by the blockbuster ETF EWJ, so it avoids biases in its parent universe and also makes substitution or blending with plain-vanilla exposure clean. The new fund charges a very low fee but won’t be as cheap to trade compared with ultra-liquid peers like EWJ and DXJ.

JPMV MSCI ESG Analytics Insight

iShares Edge MSCI Min Vol Japan ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.52 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Edge MSCI Min Vol Japan ETF ranks in the 55th percentile within its peer group and in the 63th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

JPMV MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

JPMV Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 09/12/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
JPMV 2.35% 2.39% 6.42% 2.30% 5.93% 7.16% --
JPMV (NAV) 2.01% 3.04% 7.01% 2.59% 5.92% 7.35% --
MSCI Japan Minimum Volatility Index 2.06% 3.11% 7.17% 2.72% 6.17% 7.56% --
MSCI Japan Large Cap Index 3.62% 4.32% 12.10% 1.55% 6.89% 5.63% 5.20%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

JPMV Summary Data

Blackrock
iShares
06/03/14
Open-Ended Fund
0.30%
$33.31M
$357.45K
0.09%

JPMV Portfolio Data

$25.98B
16.12
1.18
1.47%
12/16/19
164

JPMV Index Data

Multi-Factor
Multi-Factor
MSCI Japan Large Cap Index

JPMV Portfolio Management

0.30%
-0.15%
-0.05%
-0.36%

JPMV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

JPMV Fund Structure

Open-Ended Fund
No
Yes
80% / 20%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

JPMV Factset Analytics Block Liquidity

As of 09/13/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of JPMV. JPMV is rated a 4 out of 5.

JPMV Tradability

5,380
$357.45K
2,497
$162.54K
0.09%
$0.06
-0.03%
1.85% / -2.17%
None
0.00%
100,000
0.02
0.03%
0.27%
0
$66.93
4

JPMV Sector/Industry Breakdown


JPMV
Segment Benchmark
23.31%
26.25%
19.82%
17.87%
18.54%
15.32%
12.74%
8.64%
8.38%
10.18%
5.80%
8.23%
5.59%
1.61%
5.29%
5.44%
0.47%
5.56%
0.04%
0.90%

JPMV Top 10 Holdings[View All]

1.73%
1.64%
1.63%
1.58%
1.55%
1.53%
1.51%
1.51%
1.48%
1.48%
15.64%

JPMV Countries


JPMV
Segment Benchmark
100.00%
100.00%

JPMV Regions


JPMV
Segment Benchmark
100.00%
100.00%

JPMV Economic Development


JPMV
Segment Benchmark
100.00%
100.00%

JPMV Performance Statistics

0.88
0.75
0.77
0.73
0.35%
MSCI Japan Large Cap Index

JPMV MSCI ESG Ratings

BBB
5.52 / 10
62.76
54.81
11.05%
14.29%
153.51

JPMV Benchmark Comparison Holdings

164
1296
162
43.34%

JPMV Benchmark Comparison Summary


JPMV
Segment Benchmark
164
1296
$25.98B
$31.98B
16.12
14.65
1.18
1.19
2.75%
2.50%
Low
Low

JPMV Benchmark Comparison Market Cap Size


JPMV
Segment Benchmark
51.49%
56.90%
48.07%
28.93%
0.44%
11.95%
0.00%
2.21%