iShares MSCI Japan Value ETF (EWJV)

Profile

The iShares MSCI Japan Value ETF is an exchange-traded fund that seeks to track the investment results of the MSCI Japan Value Index, a free float-weighted benchmark composed of large- and mid-capitalization Japanese equities exhibiting value characteristics and relatively lower valuations. Its primary function is to provide investors with targeted exposure to undervalued Japanese stocks, selected based on multi-factor criteria emphasizing value style traits relative to the broader market. Notable features include a low expense ratio of 0.15%, holdings in approximately 122-134 stocks, and a focus on sectors like financials, trading companies, and telecommunications, with top positions in firms such as Mizuho Financial Group and Mitsubishi Corporation. The fund plays a significant role in the financial markets by offering a cost-effective vehicle for style-based investing in Japan, enabling diversification into value-oriented equities amid the country's evolving economic landscape, without pursuing ESG strategies. With assets around $523-553 million, it supports portfolio strategies seeking Japanese market participation through passive index replication.