EWJ: Good Growth Outlook And Attractive Valuation

Jul. 28, 2024 10:55 AM ETiShares MSCI Japan ETF (EWJ)FLJP, EWJ3 Comments
Ploutos Investing
7.06K Followers
(5min)

Summary

  • EWJ tracks the MSCI Japan index with 210 stocks, has 0.5% expense ratio.
  • EWJ has delivered solid return in the current bull market, with a good earnings growth outlook.
  • The fund's valuation is not expensive, and has appreciation potential due to weakening U.S. dollar.

Foreign tourists touring a shrine after being dressed in a Japanese kimono.

Susumu Yoshioka/DigitalVision via Getty Images

Investment Thesis

iShares MSCI Japan ETF (NYSEARCA:EWJ) owns a portfolio of about 200 Japanese stocks. The fund tracks the MSCI Japan index. The fund has an expensive expense ratio of 0.5% as other funds such as

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