Japan: Land of the Rising ETF

|
Includes: EWJ, JPXN
by: Tom Lydon

Although the Japanese ETFs did not perform as well as other markets across the globe, Carl Delfeld for ETF XRay writes that Japan still remains a world market. Japan trades at a premium to other markets and is still below its peak in 1989 (Nikkei 38,916). But it continues to rise above the low reached in 2003 (Nikkei 7,600).

The general consensus is the Japanese economy will continue its steady upward growth which will lead to a stronger yen, boosting returns for global ETF investors.

iShares MSCI Japan (NYSEARCA:EWJ) and iShares S&P Topix (ITF) are up about 2% year-to-date.

About this article:

Expand
Want to share your opinion on this article? Add a comment.
Disagree with this article? .
To report a factual error in this article, click here