iShares MSCI Japan Value ETF
EWJV
Market cap $251M

32.60 USD

-0.26

0.79%

At close Feb 21, 4:00 PM EST

After hours

33.43

+0.83

2.55%

1 day

-0.79%

5 days

-0.15%

1 month

4.25%

3 months

3.13%

6 months

-0.55%

Year to date

4.42%

1 year

4.19%

5 years

32.20%

10 years

33.28%

0

Funds holding %

of 7,139 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

120% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 5

64% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 11

6% more funds holding

Funds holding: 47 [Q3] → 50 (+3) [Q4]

0.56% more ownership

Funds ownership: 32.75% [Q3] → 33.31% (+0.56%) [Q4]

4% less capital invested

Capital invested by funds: $88.9M [Q3] → $85.4M (-$3.51M) [Q4]

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Research analyst outlook

We haven’t received any recent analyst ratings for EWJV.

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Financial journalist opinion

Japan In The Spotlight; Blockchain In AI's Shadow

As the global private equity industry took tentative steps toward recovery in 2024, Japan raced ahead. The value of private equity investment in Japan jumped nearly 41% over the prior-year total in 2024, far outpacing the 25% year-over-year gain in global private equity deal value, according to S&P Global Market Intelligence data.

Japan In The Spotlight; Blockchain In AI's Shadow

EWJV: Does Value Investing In Japan Deliver Alpha?

Japan's equities gained traction due to Warren Buffett's interest and regulatory actions aimed at improving investor sentiment, with notable companies like Mitsubishi UFJ Financial Group seeing price increases. BlackRock's iShares MSCI Japan Value ETF targets large- and mid-cap Japanese equities with value characteristics, but its performance hasn't outpaced the broader Japanese market. Japan's long-term economic challenges include deflation and demographic issues, but companies like Toyota and Honda maintain strong global presence and profitability.

EWJV: Does Value Investing In Japan Deliver Alpha?

Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization

Today's data were a mixed bag, but the Bank of Japan will pay more attention to the sharp rise in Tokyo's inflation. Tokyo consumer prices rose more than expected to 2.6% YoY (vs 2.2% in July, 2.3% market consensus).

Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization

BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen

The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. When QT reaches about ¥3 trillion per month in 2026, it would represent a reduction of its JGB holdings of about 0.5% per month.

BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen

EWJV ETF: Better To Wait For A Pullback

EWJV provides low-cost access to 134 large and mid-cap Japanese stocks with value characteristics. Despite outperforming developed markets by over 2x during the past year, EWJV's valuations still look reasonable. The growth landscape does not look too alluring in Japan.

EWJV ETF: Better To Wait For A Pullback

Escape Velocity: Japan's Drift Toward Sustained Inflation

Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether inflation will be sustained at the BOJ's 2% target.

What's The Next Step For The Bank of Japan?

In March, the Bank of Japan abolished its 8-year-old negative interest rate policy, hiking rates for the first time in 17 years by raising its benchmark rate to 0-0.1%. To combat inflation while also avoiding an excessive surge in interest payments, the BOJ is considering passive quantitative tightening.

Mixed Japanese Data Supports BoJ's Policy Normalization

We'd rather downplay the weaker-than-expected manufacturing data and focus on a solid recovery in retail sales and a reacceleration in inflation, which will be welcomed by the Bank of Japan. Inflation has been quite choppy due to various government programmes and utility prices.

What Has Led To Japan's Come-Back?

By end-April 2024, Japanese equities had outperformed the FTSE All-World index over 12 months and in the year to date. Japan has undertaken significant structural corporate reforms in recent years.

Weak Yen Unlikely To End Japan's Rally

A weak yen is unlikely to end the positive momentum in Japanese equities. The drivers of the recent rally remain, so we stay overweight Japanese stocks.

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