iShares Currency Hedged MSCI Japan ETFHEWJ
HEWJ
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
13.32% less ownership
Funds ownership: 79.67% [Q2] → 66.35% (-13.32%) [Q3]
16% less funds holding
Funds holding: 74 [Q2] → 62 (-12) [Q3]
24% less capital invested
Capital invested by funds: $314M [Q2] → $238M (-$75.9M) [Q3]
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $25K
Research analyst outlook
We haven’t received any recent analyst ratings for HEWJ.
Financial journalist opinion
Positive
Seeking Alpha
3 months ago
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).
Negative
Seeking Alpha
4 months ago
HEWJ: Black Monday Declines Mean Selectivity Is Key
The Nikkei suffered its worst ever one-day slump this morning. There are plenty of technical efforts, and it might have been a perfect storm of slightly negative data that agglomerated together into poor sentiment, but Sahm's Rule looms. We think the primary driver of the declines in Japan, at least to the extent that they can be justified, comes down to the higher unemployment in the US.
Neutral
Seeking Alpha
4 months ago
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.
Positive
Seeking Alpha
6 months ago
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.
Neutral
Seeking Alpha
6 months ago
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.
Positive
Seeking Alpha
6 months ago
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.
Positive
Seeking Alpha
6 months ago
HEWJ: The Yen Hedge Is Still Paying Off
The iShares Currency Hedged MSCI Japan ETF has successfully taken advantage of the rise in Japanese indices while avoiding the depreciation of the Yen. The ETF benefits from a weak Yen, particularly in the automotive and industrial sectors, but imported inflation and consumer sentiment are hurting domestic demand. The carry trade is the key activity that is weakening the Yen even further, and it will be difficult to get that trade to unwind. Sustainable Japanese inflation is needed.
Positive
Seeking Alpha
7 months ago
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.
Positive
Seeking Alpha
7 months ago
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.
Positive
ETF Trends
7 months ago
How to Experience a 35-Year Record High in Japan
By Christopher Gannatti, CFA Global Head of Research Key Takeaways Japan's equity market reached a 35-year record high in the first quarter of 2024, driven by the weakness of the yen against the U.S. dollar.
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