iShares MSCI Japan ETF

iShares MSCI Japan ETF

About

iShares MSCI Japan ETF (US46434G8226) is a US-listed equity ETF tracking the MSCI Japan Index (Net). With a expense ratio of 0.49%, its costs are on the higher end for an ETF, paying distributions. The fund holds 173 positions across 1 region with 23.1B in assets, with heavy concentration — 99% in Japan.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.6 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.1
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker EWJ
ISIN
Fund Size $23.1B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 1996
Base Currency USD
Index MSCI Japan Index (Net)
Asset Class Equities
Category Japanese Equity

Costs

7.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.49%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +31.45%
3 Years +19.71%
5 Years +8.95%
10 Years +9.17%
YTD +15.62%
Since Inception +2.84%

Holdings

This fund invests into 173 individual investments.
#1
Mitsubishi UFJ Financial Group Inc
4.13%
#2
Kioxia Holdings Corp
4.02%
#3
Tokyo Electron Ltd
3.98%
#4
SoftBank Group Corp
3.11%
#5
Toyota Motor Corp
3.10%
#6
Sumitomo Mitsui Financial Group Inc
2.78%
#7
Advantest Corp
2.74%
#8
Hitachi Ltd
2.48%
#9
Murata Manufacturing Co Ltd
2.24%
#10
Mizuho Financial Group Inc
2.20%
View all holdings (50)
# Holding Ticker Weight
1 Mitsubishi UFJ Financial Group Inc 8306 412.81%
2 Kioxia Holdings Corp 285A 402.42%
3 Tokyo Electron Ltd 8035 398.00%
4 SoftBank Group Corp 9984 311.42%
5 Toyota Motor Corp 7203 310.42%
6 Sumitomo Mitsui Financial Group Inc 8316 278.00%
7 Advantest Corp 6857 274.04%
8 Hitachi Ltd 6501 248.44%
9 Murata Manufacturing Co Ltd 6981 224.35%
10 Mizuho Financial Group Inc 8411 219.78%
11 Sony Group Corp 6758 216.31%
12 Fast Retailing Co Ltd 9983 186.88%
13 Keyence Corp 6861 172.58%
14 Recruit Holdings Co Ltd 6098 169.70%
15 Mitsubishi Corp 8058 161.74%
16 Tokio Marine Holdings Inc 8766 151.81%
17 Mitsubishi Heavy Industries Ltd 7011 148.11%
18 Shin-Etsu Chemical Co Ltd 4063 141.20%
19 Mitsubishi Electric Corp 6503 135.77%
20 Mitsui & Co Ltd 8031 131.43%
21 Panasonic Holdings Corp 6752 121.58%
22 ITOCHU Corp 8001 120.84%
23 Sumitomo Electric Industries Ltd 5802 113.55%
24 Hoya Corp 7741 108.65%
25 Renesas Electronics Corp 6723 96.65%
26 KDDI Corp 9433 94.15%
27 Takeda Pharmaceutical Co Ltd 4502 92.64%
28 Fujikura Ltd 5803 91.92%
29 Nintendo Co Ltd 7974 91.33%
30 TDK Corp 6762 87.38%
31 Disco Corp 6146 86.46%
32 FANUC Corp 6954 82.21%
33 ORIX Corp 8591 81.74%
34 Marubeni Corp 8002 81.53%
35 Japan Tobacco Inc 2914 78.76%
36 Sumitomo Corp 8053 77.07%
37 Daikin Industries Ltd 6367 74.27%
38 Daiichi Life Group Inc 8750 73.92%
39 SoftBank Corp 9434 71.54%
40 Japan Post Bank Co Ltd 7182 67.33%
41 Ibiden Co Ltd 4062 67.20%
42 Komatsu Ltd 6301 65.79%
43 Fujitsu Ltd 6702 64.26%
44 MS&AD Insurance Group Holdings Inc 8725 64.08%
45 JPY CASH JPY 62.21%
46 Sompo Holdings Inc 8630 61.06%
47 Honda Motor Co Ltd 7267 60.52%
48 Chugai Pharmaceutical Co Ltd 4519 59.77%
49 Ajinomoto Co Inc 2802 58.45%
50 NEC Corp 6701 54.34%

Sectors

Allocation by industry sector.
 
Sector Weight
Industrials 2291.00%
Technology 2200.00%
Financials 1753.00%
Consumer Discretionary 1392.00%
Communication Services 677.00%
Health Care 507.00%
Materials 417.00%
Consumer Staples 340.00%
Real Estate 178.00%
Utilities 91.00%
Energy 86.00%
Unknown 68.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Japan 9932.00%
UNKNOWN 68.00%

Similar ETFs

Other funds tracking Japanese Equity indices.
iShares MSCI All Country Asia ex Japan ETF
AAXJ·Expense Ratio 0.72%
iShares MSCI Pacific ex Japan ETF
EPP·Expense Ratio 0.47%
iShares Currency Hedged MSCI Japan ETF
HEWJ·Expense Ratio 0.49%
iShares JPX-Nikkei 400 ETF
JPXN·Expense Ratio 0.48%
Compare EWJ vs AAXJ Compare EWJ vs EPP Compare EWJ vs HEWJ
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