iShares MSCI Japan ETF (EWJ)
| Assets | $15.49B |
| Expense Ratio | 0.50% |
| PE Ratio | 17.24 |
| Shares Out | 190.80M |
| Dividend (ttm) | $3.65 |
| Dividend Yield | 4.51% |
| Ex-Dividend Date | Dec 16, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 75.06% |
| Volume | 2,338,043 |
| Open | 80.95 |
| Previous Close | 81.00 |
| Day's Range | 80.72 - 80.99 |
| 52-Week Low | 59.84 |
| 52-Week High | 85.31 |
| Beta | 0.65 |
| Holdings | 186 |
| 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
28.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Toyota Motor Corporation | 7203 | 4.48% |
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 4.01% |
| Sony Group Corporation | 6758 | 3.46% |
| Hitachi, Ltd. | 6501 | 3.22% |
| Sumitomo Mitsui Financial Group, Inc. | 8316 | 2.63% |
| SoftBank Group Corp. | 9984 | 2.36% |
| Advantest Corporation | 6857 | 2.18% |
| Tokyo Electron Limited | 8035 | 2.10% |
| Mizuho Financial Group, Inc. | 8411 | 2.00% |
| Recruit Holdings Co., Ltd. | 6098 | 1.80% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 7, 2023 | $0.43064 | Jun 13, 2023 |
Performance
EWJ had a total return of 27.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.68%.
News
Japan Is The Canary In The Global Debt Coal Mine
Japan faces a structural debt and inflation challenge as yields rise and the BoJ steps back from bond purchases. Higher Japanese yields risk destabilizing global bond markets, with potential capital r...
Bank of Japan raises rates to highest in 30 years as inflation stays above target
The hike comes against the backdrop of rising inflation and a weak Japanese economy.
Japan's consumer inflation stays above cenbank's target for 44th month, boosting case for a rate hike
Core inflation, which strips out prices of fresh food, remained unchanged from 3% in October, and came in line with Reuters-polled economists' average estimate.
Nikkei 225 Slips As SoftBank Slump And BOJ Hike Fear Pressure Tech Stocks
SoftBank drops 7% after Oracle fallout. Nikkei closes 0.9% lower at 50,149.
Japan's Economy Shrinks at Faster Pace Than Initially Estimated
Real gross domestic product shrank 2.3% on an annualized basis in the third quarter, compared with preliminary estimates of a 1.8% fall.
Bank of Japan faces a policy dilemma as government bond yields keep hitting new highs
On Thursday, yield on the benchmark 10-year JGBs hit a high of 1.917%, surging to their strongest level since 2007. If the BOJ sticks with its policy of raising rates, it risks sending higher yields h...
This Movement In Japanese Bonds Hasn't Occurred In 30 Years
Japan's recent bond yield surge stems from persistent inflation, GDP contraction, and a $135.5B stimulus amid high government debt. Rising yields and domestic bondholder selling have fueled volatility...
Japan's Economy Contracts for First Time in Six Quarters
Real gross domestic product shrank 0.4% on a quarter-over-quarter basis, further complicating the timeline of the central bank's next interest-rate hike.
Japan economy contracts less than expected in September quarter
On an annualised basis, Japan's third quarter GDP slipped 1.8%, a softer fall than the 2.5% expected.
Ingredients are there for international markets to keep outperforming U.S., says Oakmark's Coniaris
Tony Coniaris, Oakmark co-CIO of international equities, joins 'Squawk on the Street' to discuss the role international equities play in diversification, the performance gap between the U.S. and abroa...
Japan's top union group seeks 5% wage hike despite US tariffs
Japan's largest labour union group said on Thursday it would seek wage hikes of 5% or more in 2026, aiming for bumper pay raises for the fourth consecutive year to counter inflation despite headwinds ...
Global investors like the new-look Japan government, for now
Global money managers are circling back to Japan's stock and debt markets, drawn by the promises of its new reflationist government and a desire to diversify from pricier U.S. and European markets.
Japanese stocks: why they climbed to record levels today and what comes next?
Japanese stocks surged to fresh highs on Monday, with the Nikkei 225 jumping 3.37% to close at 49,185.5 and the broader Topix gaining 2.46% to end at 3,248.45.
Nikkei 225: Rallied Above 48,000, Key Levels To Watch Next As New Japanese PM Ignites Bulls
Nikkei 225 hits new record high, rising 6.5% since 23 September 2025 amid optimism over Japan's incoming Prime Minister, Sanae Takaichi. Expansionary fiscal policy expected, with higher government spe...
Japan ETFs rally sharply as election of party leader Takaichi signals ‘fiscal taps may stay open'
ETFs that buy Japanese stocks were rallying Monday, adding to their surge this year, after the weekend election of Sanae Takaichi to lead Japan's Liberal Democratic Party put her on track to become th...
Japan to Pick Fifth Leader in 5 Years. The Stock Rally Ignores the Politics.
A big factor for investors is that Japan's stocks are still cheap—and there are positive catalysts ahead.
Bank of Japan Still on Path to More Rate Hikes, Governor Says
The Bank of Japan remains committed to further interest-rate hikes, Gov. Kazuo Ueda said, amid growing speculation over the timing of the central bank's next move.
Japan defends 15% tariffs deal with ‘tough negotiator' Trump
Japan's chief trade negotiator has defended a tariffs deal with the U.S., expressing respect for President Donald Trump and calling him a “tough negotiator.”Trade envoy Ryosei Akazawa noted that the p...
White House: Will honor 15% cap on pharma tariffs as part of trade deals with Japan, EU
CNBC's Eamon Javers reports on the latest news regarding tariffs.
EU, Japan express confidence in capped US tariffs on drugs
The European Union and Japan expressed confidence on Friday that they had secured limits on U.S. tariffs on pharmaceuticals, which President Donald Trump said he would impose next week at a rate of 10...
Trump tariffs cause Japan's exports to the U.S. to plummet for the 5th month in a row
Japan's exports to the United States plummeted 13.8% in August compared to the same month the previous year, marking the fifth straight month of declines, as auto exports were hit by President Donald ...
Japan's Exports Fall for Fourth Straight Month Under Weight of Tariffs
Japan's exports fell 0.1% in August, declining for a fourth consecutive month as higher U.S. tariffs crimped outbound trade.
Japan's exports down in August as automakers grapple with US tariffs
Japan's exports fell for a fourth straight month in August, government data showed on Wednesday, as elevated U.S. tariffs took a deeper toll on the country's automotive and other manufacturing sectors...
Japanese Stocks Are Breaking Out. Own Them.
Something has changed to bring in more buyers. The country's economy is solid and rates are reasonable.
EWJ Japan ETF: Political Turmoil In Japan Necessitates Caution
Japan faces political instability, economic stagnation, and demographic headwinds, making broad investments like iShares MSCI Japan ETF unattractive despite recent market declines. The Liberal Democra...
Japan's tariff negotiator says the US's reciprocal tariffs will be lowered by next week
Japan's tariff negotiator said the US would revise tariffs on Japanese goods by September 16. In an X post, he said there would be a reduction in Japanese automobile tariffs.
US tariffs on Japanese goods to be cut by Sept 16, Japan's Akazawa says on X
U.S. tariffs on Japanese goods including cars and auto parts are set to be lowered by September 16, Japan's tariff negotiator Ryosei Akazawa said in an X post on Tuesday.
Trump slashes tariffs on Japanese cars after striking trade deal with Tokyo
“This is a massive agreement — a great deal for everybody,” Trump boasted when the pact was first announced.
US tariffs still spell big pain for Japan's small automakers
President Donald Trump gave Japanese automakers some relief by cutting his high U.S. tariffs on their vehicles, but the reduced levies still mean big pain for Japan's smaller car companies, which will...
Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party
Tokyo agreed to invest $550 billion in projects selected by the U.S. government, and ramping up purchases of American agricultural products. Washington will apply a baseline 15% tariff on nearly all J...
Trump signs executive order implementing baseline 15% tariff on nearly all Japanese imports
CNBC's Megan Cassella reports on an executive order President Trump signed on Thursday that implements a baseline 15% tariff on nearly all imports from Japan.
Pres. Trump signs executive order implementing baseline 15% tariff on nearly all Japanese imports
CNBC's Megan Cassella with the latest on tariffs out of Washington.
Best And Worst Country ETFs Since Trump 2.0
It has been 225 days since President Trump's Inauguration on January 20th, and the S&P 500 entered today up 8% since the last close before the Inauguration. Speaking of the G7, the US has been the wor...
Japan abruptly postpones trade talks with Trump administration. Here's why
Japan's top trade negotiator abruptly canceled a trip to Washington aimed at issuing a joint statement on a tariffs deal with the Trump administration, as a top government spokesman urged the U.S. sid...
Japan index hits record high on earnings boost, other Asian markets ease
Japanese shares surged on Friday after positive earnings reports and expectations the U.S. would remove overlapping tariffs on the country's goods, while shares were down in other Asian markets after ...
Japanese Stocks Need This to Break Out
The Nikkei 225 is on a larger uptrend, but secure trade deals will ensure investors are upbeat about the import-focused Japanese economy.
APAC Equities: The Sensitivity To Oil Prices
Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Domestic political uncertainties have been one main reason for the decoupling...
Japan's $550B investment could back Taiwan chip plants in US, says trade official
Japan's chief trade negotiator, Ryosei Akazawa, stated on Saturday that the $550 billion investment package recently announced in Japan under a tariff deal with the United States could be utilised to ...
Japan says $550 billion package in trade deal could finance Taiwanese chipmaker in US
Japan's $550 billion investment package agreed in this week's U.S. tariff deal could help finance a Taiwanese firm building semiconductor plants in the U.S., Japan's top trade negotiator Ryosei Akazaw...
Japan says profits from US investments in trade deal to be shared according to contributions
Japan's government said on Friday that profits from a $550 billion investment package agreed in this week's tariff deal with the U.S. would be split between Japan and the U.S. according to the degree ...
Japan Trade Deal Boosts Return Premium For Foreign Stocks
Global equities ex-US were already leading US stocks in 2025 by a wide margin ahead of the trade deal announced this week between the US and Japan. Vanguard International Stock ETF rose sharply yester...
Howard Lutnick on Japan trade deal structure: 'We give them the project & they pay for the project'
U.S. Commerce Secretary Howard Lutnick joins 'Squawk on the Street' to discuss a potential trade deal with the European Union, how the White House is approaching trade with Japan, and much more.
Stocks rise to more records after U.S. strikes trade deal with Japan
U.S. stocks are rising toward more records on Wednesday following a trade deal between the world's No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports coming to the Un...
EWJ: Get The YEN
I rate EWJ a Buy, driven by Japan's recovering economy, attractive valuation, and potential Yen appreciation. The main investment thesis is the highly devalued Yen, which I expect to appreciate as the...
Japan-U.S. Trade Deal Likely Positive for Yen in Short Term
The Japan-U.S. trade deal is likely positive for the yen in the short term, Barclays said.