iShares MSCI Japan ETF (EWJ)
| Assets | $21.61B |
| Expense Ratio | 0.49% |
| PE Ratio | 18.59 |
| Shares Out | 236.40M |
| Dividend (ttm) | $3.56 |
| Dividend Yield | 3.82% |
| Ex-Dividend Date | Jun 15, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 73.71% |
| Volume | 6,535,487 |
| Open | 90.60 |
| Previous Close | 89.35 |
| Day's Range | 90.50 - 93.46 |
| 52-Week Low | 73.34 |
| 52-Week High | 97.52 |
| Beta | 0.68 |
| Holdings | 174 |
| Inception Date | Mar 12, 1996 |
About EWJ
Fund Home PageThe iShares MSCI Japan ETF (EWJ) is an exchange-traded fund that is based on the MSCI Japan index, a market-cap-weighted index which covers roughly 85% of the investable universe of securities traded in Japan. EWJ was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
29.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 4.89% |
| Tokyo Electron Limited | 8035 | 3.42% |
| Toyota Motor Corporation | 7203 | 3.35% |
| Sumitomo Mitsui Financial Group, Inc. | 8316 | 3.17% |
| Hitachi, Ltd. | 6501 | 2.61% |
| Advantest Corporation | 6857 | 2.58% |
| Mizuho Financial Group, Inc. | 8411 | 2.49% |
| SoftBank Group Corp. | 9984 | 2.49% |
| Sony Group Corporation | 6758 | 2.43% |
| Kioxia Holdings Corporation | 285A | 2.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 15, 2026 | $0.50098 | Jun 18, 2026 |
| Dec 16, 2025 | $3.06137 | Dec 19, 2025 |
| Jun 16, 2025 | $0.59118 | Jun 20, 2025 |
| Dec 17, 2024 | $1.06445 | Dec 20, 2024 |
| Jun 11, 2024 | $0.50865 | Jun 17, 2024 |
| Dec 20, 2023 | $0.87459 | Dec 27, 2023 |
Performance
EWJ had a total return of 31.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.78%.
News
Nikkei 225, Kospi jolt Asian markets as AI rout and Fed fears collide
Asian stocks were mixed on Thursday as investors assessed the fallout from the AI sell-off, the Federal Reserve's rate outlook and renewed tensions in the Middle East. The MSCI Asia-Pacific gauge excl...
Nikkei 225 Index: Kioxia earnings and other catalysts for Japan stocks this week
The Nikkei 225 Index tilted upwards on Monday, even as top technology stocks declined. It rose by 27 basis points to 64,780, up a bit from this month's low of 62,646.
Kospi jumps 6% as Asia's battered semiconductor trade rebounds
Asian stocks rallied on Wednesday as investors returned to semiconductor shares after a bruising sell-off, taking their cue from a Wall Street rebound even as Brent crude pushed further above $91 a ba...
Japan imports jump to record high on oil price surge, complicating BOJ policy
Japan's imports jumped to a record high in June, government data showed on Wednesday, as a weak yen and soaring oil prices drove up import costs and inflation, leaving the central bank in a policy bi...
Nikkei 225 slides as SoftBank, Tokyo Electron, and Kioxia stocks sink
The Nikkei 225 Index continued its freefall as technology companies like Softbank, Tokyo Electron, Kioxia, and Advantest plunged ahead of the upcoming big-tech earnings. It plunged by over 4%, reachin...
Don't Show Me the Money: Currency Hedging the Yen
Lately, the land of the rising sun has been the land of the falling yen. While single-country equity exposure to Japan has provided investors with relative outperformance year-to-date (YTD), they appe...
Nikkei 225: bullish pattern emerges as Kioxia stock, Japan bond yields jump
The Nikkei 225 Index traded sideways on July 8 as artificial intelligence (AI) stocks rebounded after Tuesday's sharp sell-off. The index was trading at 39,770, about 7% below its highest level this y...
FX Traders On Edge as MOF Ponders Surprise Intervention Tactics
Reports that Japan's Ministry of Finance is abandoning its custom of telegraphing intervention risks and may instead enter the FX market to surprise market participants, has traders on edge.
Nikkei 225 Index outlook for July: Top 4 catalysts to watch this month
The Nikkei 225 Index has sold off recently as investors book profits following its strong rally to the all-time high of 72,781 in June. It was trading at 69,190 on Thursday, up by 37% this year.
What the Top 10 Active ETFs YTD Can Tell Us
2026 is more than halfway done, somehow, after a whirlwind start defined by volatility. Geopolitical risk and AI bubble risk were the headline drivers, even as portfolios were rewarded by strong tech ...
Japan Is an Investing Giant for Mom and Pop. It Just Needs to Convince Them.
A shift in Japan's large pool of household financial assets could reshape capital markets, one analyst says.
Nikkei 225 Index nears crucial price as Kioxia, Tokyo Electron, Softbank stocks surge
The Nikkei 225 Index jumped and neared its all-time high as memory and semiconductor companies like Kioxia, Tokyo Electron, Advantest, and Keyence Corporation soared. It jumped by over 5% to 71,950, a...
Nikkei 225 Index slips as Kioxia stock suffers a harsh reversal
The Nikkei 225 Index has slumped over the past two consecutive days, reaching a low of 68,863 as fears of a technology bubble intensify. It has slipped by 5.5% from its high this week, with key techno...
Bank of Japan Members Signal Push for Regular Rate Increases to Control Inflation
Opinions from the Japanese central bank's recent meeting show a growing sense of worry about inflation and a need to lift interest rates at a steady pace to avoid falling behind the curve.
Japan Is Running Out of Options on Yen, TD's Bharadwaj Says
Jayati Bharadwaj, head of FX strategy at TD Securities, discusses the potential for yen intervention as the currency trades near its weakest level in four decades against the dollar. She speaks on “Bl...
Japan utilities welcome nuclear replacement targets, seek stronger policy support
Japan's power industry welcomed the government's roadmap for the future replacement of nuclear reactors as a key step towards securing the workforce and supply chains needed to sustain the sector, b...
Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more
Japan spent about $73 billion on foreign exchange intervention and the Bank of Japan has raised rates, but the yen remains near 160 against the dollar. A wide U.S.-Japan rate gap, carry trades and Pri...
Japan bank lobby warns of potential service disruptions due to AI-enabled cyberattacks
Japanese lenders may be forced to suspend services such as ATMs and online banking if sophisticated AI models end up posing a serious threat to the banking system, said the chair of the country's ba...
At Hong Kong auto show, China automakers to target wealthy in right-hand-drive markets
Chinese automakers are speeding into right-hand-drive markets from Australia to Southeast Asia and challenging long-dominant Japanese car companies with premium electric vehicles aimed at affluent co...
Japan's May crude import price hits record high in yen terms amid Mideast war
Japan's crude oil import price hit a record high in yen terms in May, surpassing April levels, Ministry of Finance data showed on Wednesday, driven by a surge in crude prices resulting from supply d...
Japan Imports Rise as Energy Supply Diversification Progresses
While the Middle East conflict reduced the volume of oil flowing through the Strait of Hormuz, the resulting surge in energy costs and pivot toward alternative procurement channels likely drove up Jap...
BOJ Deputy Governor Uchida's comments at news conference
The Bank of Japan raised interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focused on taming price pressures from the energy shock cau...
Bank of Japan set to hike rates to 31-year high, drop hawkish signals
The Bank of Japan is set to raise interest rates to a 31-year high next week and signal its readiness to keep pushing up borrowing costs, undeterred by the absence of its governor as it focuses on c...
Japan secures stable crude supplies through March 2028, PM Takaichi says
Japan has secured stable oil supplies through the end of March 2028 despite the Iran war through a combination of alternative crude imports and stockpile releases, Prime Minister Sanae Takaichi said ...
BOJ's pivotal moment muddied by Ueda's absence
Heading into a defining week, Bank of Japan Governor Kazuo Ueda's absence leaves the central bank with a jarring optics problem just as it seeks to cement its credibility as an inflation fighter and ...
Japan's largest banks to jointly issue stablecoins by March 2027
Japan's three largest banks said on Wednesday they will jointly issue stablecoins during the current fiscal year ending in March 2027, a sign of growing momentum for digital payments in a country wh...
Japanese investors make biggest foreign stock exit in five years in May
Japanese investors sold foreign stocks at the fastest pace in about five years in May, as caution over Middle East hostilities and concerns that a tech-driven market rally had run too far weighed on...
International Equities Are Outperforming — But Is The Rotation Real This Time?
Every few years, the investment community rediscovers the case for international equities. A string of outperformance relative to the S&P 500 generates a wave of allocation recommendations, money flow...
Japan Prime Minister Says Will Defend Yen by Strengthening Economy
Despite recent foreign-exchange intervention, the Japanese currency has weakened again to near the 160 threshold against the dollar, a level seen as a potential trigger for more government action.




















