iShares MSCI Japan ETF (EWJ)
| Assets | $21.43B |
| Expense Ratio | 0.49% |
| PE Ratio | 17.73 |
| Shares Out | 230.10M |
| Dividend (ttm) | $3.65 |
| Dividend Yield | 3.88% |
| Ex-Dividend Date | Dec 16, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 68.91% |
| Volume | 3,183,948 |
| Open | 93.85 |
| Previous Close | 93.94 |
| Day's Range | 93.41 - 94.20 |
| 52-Week Low | 71.09 |
| 52-Week High | 94.28 |
| 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
29.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 3.99% |
| SoftBank Group Corp. | 9984 | 3.93% |
| Toyota Motor Corporation | 7203 | 3.30% |
| Kioxia Holdings Corporation | 285A | 3.00% |
| Tokyo Electron Limited | 8035 | 2.95% |
| Hitachi, Ltd. | 6501 | 2.75% |
| Sumitomo Mitsui Financial Group, Inc. | 8316 | 2.65% |
| Sony Group Corporation | 6758 | 2.63% |
| Advantest Corporation | 6857 | 2.36% |
| Mizuho Financial Group, Inc. | 8411 | 2.13% |
Dividend History
| 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 32.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.81%.
News
SMFG targets $5 billion trading revenue as Japan rates reset markets
Sumitomo Mitsui Financial Group plans to double revenue from its sales and trading unit to 800 billion yen, or about $5 billion, within the next few years as Japan's shift away from ultra-low rates dr...
Nikkei 225 sinks as US-Iran clashes spark fresh risk-off trade
Asian equities fell on Thursday as renewed fighting between the United States and Iran pushed investors back towards safer assets, even as oil prices eased after Israel and Lebanon moved to implement ...
Japan electronics retailers Yamada, Edion plan merger to create sector giant
Japan's Yamada Holdings and Edion said on Thursday that they plan to merge, aiming to create a giant consumer electronics chain with combined sales of around $16 billion.
Bank of Japan Could Raise Rates Even If Mideast Uncertainty Persists
Japan's central bank could look past Middle East uncertainty and raise interest rates if inflation becomes a bigger threat to the economy than the risk of slowing growth, Gov. Kazuo Ueda said.
FTSE 100 rises as mining stocks rally on stronger metal prices
The UK's blue-chip index advanced on Tuesday, supported by gains in mining-related shares as base metal prices strengthened, while energy stocks came under pressure following a decline in crude oil. B...
SMFG calls for clear BOJ normalisation roadmap after June hike
The Bank of Japan should provide a clear roadmap for policy normalisation following an anticipated interest rate increase in June to help stabilise the government bond market, according to Arihiro Nag...
BOJ should signal clear rate path after June hike, SMFG markets chief says
The Bank of Japan should lay out a clear path for policy normalisation after a widely expected rate hike this month to stabilise the bond market, Sumitomo Mitsui Financial Group's global markets chie...
Nikkei 225 leads Asian markets lower as Middle East tensions hit sentiment
Asian equities fell on Tuesday as doubts over a Middle East ceasefire weighed on risk appetite, offsetting optimism around artificial intelligence funding and potential listings. MSCI's Asia-Pacific i...
Japan stocks have had a record run: Goldman Sachs sees them pushing higher
Japan stock have already had a record run, and one of the largest Wall Street banks believes their rally is far from over yet. Goldman Sachs strategists have raised their 12-month target for the bench...
Japan must promote yen stablecoins in Asia, ruling party panel says
Japan must promote usage of yen-based stablecoins for settlement in Asia and create a legal framework to allow trading of crypto exchange-traded funds (ETF), a ruling party panel said in a proposal ...
Japanese bond yields are the highest in 40 years. The budget and a 'red flag' from PM Takaichi have markets nervous
Japan's government is preparing a supplementary budget of around 3 trillion yen, or about $19 billion, to replenish reserves and fund fuel and utility subsidies amid higher energy costs. Takaichi has ...
Japan banks gain access to OpenAI GPT-5.5 for cyber defense
Some Japanese financial institutions have been granted access to OpenAI's GPT-5.5 model to help strengthen their defences against cyberattacks, Japanese Finance Minister Satsuki Katayama said on Frida...
Japan banks battle to secure deposits as savers chase market highs
Japanese banks are, in a historic shift, competing to shore up their deposit base as lending opportunities grow and consumers, seeking to beat inflation, shift their savings into a booming stock mark...
Foreign buying of Japanese stocks climbs amid AI demand optimism
Foreign investors continued buying Japanese equities for an eighth consecutive week through May 23, supported by easing oil prices and growing optimism around artificial intelligence-related shares. A...
Exclusive: Japan state-backed fund considering sale of chipmaking materials maker JSR, sources say
Japan Investment Corp (JIC), a state-backed fund, is considering selling JSR, two people familiar with the matter said, two years after it took the maker of chipmaking materials private in a $6 billi...
Japan to switch back to Dubai crude for gasoline subsidy calculation from June 4
Japan's industry ministry said on Wednesday that the benchmark for calculating gasoline price subsidies will switch back to Dubai crude prices from Brent crude from next week.
Nikkei hits record high as AI chip frenzy powers Japan stocks
Japan's Nikkei 225 climbed to a record high on Wednesday, as a rally in semiconductor shares outweighed weakness in banks and real estate stocks. The benchmark index rose 1.25% to 65,811.78 as of 0147...
Japan set to start trade talks with Mercosur, Nikkei reports
Japan is set to begin talks with South American trade bloc Mercosur on an economic partnership to seek alternative oil sources, critical minerals and lower auto tariffs, the Nikkei newspaper repo...
Respite for JGBs Won't Last Long: 3-Minutes MLIV
Joumanna Bercetche, Tom Mackenzie and Ven Ram break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Japanese auto exports to Middle East plunge in April as war disrupts shipping
Japanese vehicle exports to the Middle East were nearly wiped out in April, government data showed on Thursday, as the U.S.-Israeli war on Iran disrupted shipping to a key region for global automake...
Nikkei 225 soars as Softbank stock surges, foreigners scoop Japan shares
The Nikkei 225 Index surged by over 3.5% today, May 21, its best day in weeks, helped by numerous catalysts, including the potential US-Iran deal, foreign buying of Japanese stocks, and the soaring So...
Bank of Japan Policymaker Signals That Rate Hike Might Be Approaching
Policy board member Junko Koeda said Japan's underlying inflation is likely already at around 2%.
One in three Japan firms using or considering AI robots: Reuters poll
One-third of Japanese companies are already using or considering deploying AI-powered robots, with automakers and other transportation equipment manufacturers leading the way, a Reuters survey showed...
Europe Remains Critical To Our Defense And To Securing The Free World
Contrary to what some Trump officials believe, Europe remains critical to our defense and, indeed, to securing the Free World. Therefore, the sudden, unexpected cancellation of a U.S. Army armor briga...
Goldman Sachs says AI and energy resilience are creating a North-South divide in Asian markets
Investors are focusing on AI developments in North Asia. China is coming out of more than three years of deflation measured by the producer price index.
Japan, China lead foreign government retreat from U.S. Treasuries as Gulf War fallout stokes currency fears
China reduced its stash of Treasury to $652.3 billion, the lowest level since September 2008. Japan, the single largest foreign holder, shed approximately $47 billion to $1.191 trillion.
Japan's economy grows at an annualized 2.1% rate in the first quarter, beating expectations
GDP rose by 2.1% on an annualised basis, compared with Reuters-polled analysts' average estimate of 1.7%, and against the 1.3% in the previous quarter. On a quarter-on-quarter basis, the economy expan...
Japan's global defense business may be on the cusp of a big breakout
Experts say Japan will initially export arms in areas where it's already strong, such as air defense systems and naval platforms. Global military spending hit a record of $2.89 trillion in 2025, the 1...
Japan PM Takaichi to visit UK and Italy in June, NTV reports
Japanese Prime Minister Sanae Takaichi plans to visit Britain and Italy before attending a Group of Seven leaders' summit in France in mid-June, broadcaster NTV reported on Wednesday, citing mul...
Japan sells foreign stocks in April amid inflation worries
Japanese investors became net sellers of foreign stocks in April for the first time in four months, as concerns over rising energy costs linked to the Iran war and broader inflation risks weighed on s...
Japanese investors sell foreign stocks in April as energy costs rise
Japanese investors turned net sellers of foreign stocks for the first time in four months in April, as concerns over higher energy costs from the Iran war and the risk of broader inflation prompted ...
Bessent believes Japan's economy is strong as the US and Japan work on a trade deal
Bessent believes Japan's economy is strong as the US and Japan work on a trade deal.
Japan's Record Run: The Land of the Rising Returns
Japan equities are riding a historic surge, with the Nikkei 225 topping 62,000 for the first time. While the S&P 500 and Nasdaq continue to notch records, Japan is carving out its own bull market, dri...
Two of the best trades for the year are in Japan: Goldman Sachs Asset Management
Alexandra Wilson-Elizondo, global co-head and co-CIO of multi-asset solutions at Goldman Sachs Asset Management, discusses why she is excited about the investment opportunities in Japan and says it's ...
House lawmakers introducing bill to toughen US ban on Chinese vehicles
Two members of the U.S. House of Representatives on Monday will introduce legislation to toughen a U.S. government ban on Chinese automakers from entering the American market just before Presiden...
Japan may have fired its yen bazooka twice, but markets are testing Tokyo's resolve
On Wednesday, the yen appreciated sharply, fueling speculation that Tokyo had intervened a second time. Analysts said interest rate gaps continued driving weakness in the yen.
Nikkei 225 crosses 62,000 as Asian markets rally on relief hopes
Asian markets opened Thursday with a powerful relief bid, as investors leaned into hopes that tensions in the Middle East may ease enough to keep the Strait of Hormuz open. Japan set the tone, with th...
Japan can choose to save either the bond market or currency, but not both: Asset Manager
Nick Ferres, CIO of Vantage Point Asset Management, joins Squawk Box Asia to discuss the impact of the prolonged energy shock on global markets. He notes that the Japan is particularly vulnerable to t...











