ETF News: Today we are going to be looking at the iShares MSCI Japan ETF (NYSEARCA: EWJ). This exchange-traded fund (ETF) tracks the performance of the MSCI Japan Index, which includes large and mid-cap Japanese stocks. This ETF seeks to provide investors with exposure to the Japanese equity market, which is one of the largest and most liquid markets in the world.The ETF was launched in May 1996 and is managed by BlackRock Fund Advisors.<\/p>\n
It has an expense ratio of 0.48%, which is below the industry average. The fund is passively managed, meaning that the holdings are not actively managed and the fund seeks to replicate the performance of the underlying index.The fund has $44.3 billion in assets under management (AUM) and is one of the largest ETFs in the world.<\/p>\n
It is highly liquid, with an average daily trading volume of over 14 million shares. The fund is diversified across a wide range of sectors, including consumer discretionary, financials, information technology, industrials, materials, and utilities.The ETF has a five-year average annual return of 6.48%, which is slightly higher than the MSCI Japan Index\u2019s five-year return of 5.86%.<\/p>\n
The ETF’s largest holdings include Toyota Motor Corporation (7.2%), SoftBank Group Corporation (5.9%), and Mitsubishi UFJ Financial Group (4.6%).Overall, the iShares MSCI Japan ETF is an attractive option for investors looking for exposure to the Japanese equity market. It offers diversification across a wide range of sectors and has a low expense ratio. Additionally, the fund has a strong track record of performance and is highly liquid, making it a great choice for investors seeking to add Japanese exposure to their portfolios<\/p>\n
The iShares Edge MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund (ETF) designed to track the performance of the MSCI USA Momentum Index. The ETF seeks to provide investors with exposure to a portfolio of large- and mid-cap U.S. stocks with higher momentum characteristics. The ETF is managed by BlackRock, Inc., one of the world\u2019s largest asset managers.<\/p>\n
The MSCI USA Momentum Index is a rules-based, market capitalization-weighted index that is designed to track the performance of U.S. stocks with higher momentum characteristics. The index consists of stocks selected from the MSCI USA Index, which is a broad-based, market capitalization-weighted index of large- and mid-cap U.S. stocks. The index is rebalanced and reconstituted on a semi-annual basis.<\/p>\n
The ETF\u2019s portfolio is composed of the stocks in the MSCI USA Momentum Index. The ETF\u2019s portfolio is rebalanced and reconstituted semi-annually to maintain the desired exposure to the index. The ETF generally invests in all of the stocks in the index in proportion to their weightings in the index. The ETF may also invest in derivatives and other instruments in order to track the performance of the index.<\/p>\n
The ETF charges an expense ratio of 0.15%, which is relatively low compared to other ETFs in the same asset class. The ETF is also relatively liquid, with average daily trading volume of around 4.2 million shares and spreads of 0.02%. The ETF is listed on the NYSE Arca exchange and trades in U.S. dollars.<\/p>\n
The ETF has a five-year annualized return of 11.77%, which is higher than the 11.16% return of the MSCI USA Momentum Index. The ETF also has a five-year Sharpe ratio of 0.45, which is higher than the 0.41 Sharpe ratio of the index.<\/p>\n
Overall, the iShares Edge MSCI USA Momentum Factor ETF is a low-cost and liquid ETF that offers investors exposure to the performance of the MSCI USA Momentum Index. The ETF has a relatively high five-year annualized return and Sharpe ratio, making it a good choice for investors seeking to benefit from the momentum effect in U.S. stocks.<\/p>\n","protected":false},"excerpt":{"rendered":"
ETF News: Today we are going to be looking at the iShares MSCI Japan ETF (NYSEARCA: EWJ). This exchange-traded fund (ETF) tracks the performance of the MSCI Japan Index, which includes large and mid-cap Japanese stocks.<\/p>\n","protected":false},"author":1,"featured_media":330,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[56],"tags":[124,24,123,151,150],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":5}},"acf":[],"_links":{"self":[{"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/posts\/313"}],"collection":[{"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/comments?post=313"}],"version-history":[{"count":2,"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/posts\/313\/revisions"}],"predecessor-version":[{"id":326,"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/posts\/313\/revisions\/326"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/media\/330"}],"wp:attachment":[{"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/media?parent=313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/categories?post=313"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/localhost\/etf\/wp-json\/wp\/v2\/tags?post=313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}