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ETFs

iShares Trust iShares MSCI Japan Value ETF

EWJV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 05 2019
Expense Ratio
0.15%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$262,667
AUM
$234,436,479
Associated Index
MSCI Japan Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

7203
Toyota Motor Corporation
8.74%
8306
Mitsubishi UFJ Financial Group, Inc.
4.62%
8316
Sumitomo Mitsui Financial Group Inc
3.19%
6501
Hitachi Ltd.
3.06%
4502
Takeda Pharmaceutical Co
2.99%
9433
KDDI Corp.
2.96%
9984
SoftBank Group Corp.
2.73%
8058
Mitsubishi Corporation
2.69%
7267
Honda Motor
2.59%
8031
Mitsui & Co. Ltd
2.54%
Invest with EWJV

What is EWJV?

The iShares MSCI Japan Value ETF seeks to track the investment results of an index composed of large- and mid-capitalization Japanese equities with value characteristics and relatively lower valuations. The Fund seeks to track the investment results of the MSCI Japan Value Index (USD) (the Underlying Index ), which is a free float weighted index consisting of large- and mid- capitalization Japanese securities exhibiting overall value style characteristics. The value investment style characteristics for index construction are defined using three variables: book value to price, 12-month forward earnings to price and dividend yield.

ETFs related toEWJV

ETFs correlated to EWJV include FLJP, EWJ, BBJP

EWJV
iShares Trust - iShares MSCI Japan Value ETF
FLJP
Franklin Templeton ETF Trust - Franklin FTSE Japan ETF
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
BBJP
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Japan ETF
DFJ
WisdomTree Trust - WisdomTree Japan SmallCap Dividend Fund
IPAC
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Pacific ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
IVLU
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Value Factor ETF
FJP
First Trust Exchange-Traded Fund III - First Trust Japan AlphaDEX Fund
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEWJV

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with EWJV using Composer

FAQ

EWJV is a Global Ex. US Equities ETF. The iShares MSCI Japan Value ETF seeks to track the investment results of an index composed of large- and mid-capitalization Japanese equities with value characteristics and relatively lower valuations. The Fund seeks to track the investment results of the MSCI Japan Value Index (USD) (the Underlying Index ), which is a free float weighted index consisting of large- and mid- capitalization Japanese securities exhibiting overall value style characteristics. The value investment style characteristics for index construction are defined using three variables: book value to price, 12-month forward earnings to price and dividend yield.

EWJV tracks the MSCI Japan Value Index.

No, EWJV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EWJV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EWJV is -0.0201%. This is the percent change in the value of EWJV over the most recent 1-month period. The 3-month return on EWJV is 0.0213%. This is the percent change in the value of EWJV over the most recent 3-month period.

The standard deviation of EWJV for the past year is 0.1825%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EWJV include EWW, EWC, and EWY.

ETFs correlated to EWJV include FLJP, EWJ, and BBJP.

ETFs that are inversely correlated to EWJV include EFZ, EPV, and TWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.