EWJ holdings and overlap
iShares MSCI Japan ETF (EWJ) holds 167 positions in its iShares file of 2026-10-15. Its three largest are Mitsubishi UFJ Financial Group (8306.JP) at 4.45%, Toyota Motor (7203.JP) at 3.50% and Advantest (6857.JP) at 3.07%, and its ten largest make up 29.9% of the fund.
In its iShares file of 2026-10-15, EWJ is 23.4% industrials, 17.7% financials and 17.4% technology by sector (no sector found for 3.3%), with none of it in mega-cap tech or in the ten largest US companies by market value. By country, 99.1% of EWJ is in Japan.
What does EWJ hold, as of its issuer file of 2026-10-15?
EWJ spreads its weight across 167 positions, against a median of 173 across the 6 Japan funds with a page here. No fund in that group is larger than EWJ, whose assets are $23.5 billion.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | 8306.JP Mitsubishi UFJ Financial Group | 4.45% | |
| 2 | 7203.JP Toyota Motor | 3.5% | |
| 3 | 6857.JP Advantest | 3.07% | |
| 4 | 6501.JP Hitachi | 3.02% | |
| 5 | 6098.JP Recruit Holdings Ltd | 2.97% | |
| 6 | 8316.JP Sumitomo Mitsui Financial Group | 2.86% | |
| 7 | 8035.JP Tokyo Electron | 2.81% | |
| 8 | 6758.JP Sony Group | 2.76% | |
| 9 | 8411.JP Mizuho Financial Group | 2.24% | |
| 10 | 9984.JP Softbank Group Corp | 2.2% | |
| 11 | 6861.JP Keyence | 1.81% | |
| 12 | 285A.JP Kioxia Holdings | 1.81% | |
| 13 | 8766.JP Tokio Marine Holdings | 1.78% | |
| 14 | 8058.JP Mitsubishi | 1.75% | |
| 15 | 9983.JP Fast Retailing | 1.71% | |
| 16 | 8001.JP Itochu | 1.5% | |
| 17 | 8031.JP Mitsui | 1.41% | |
| 18 | 7011.JP Mitsubishi Heavy Industries | 1.41% | |
| 19 | 6981.JP Murata Manufacturing | 1.33% | |
| 20 | 4502.JP Takeda Pharmaceutical | 1.21% | |
| 21 | 4063.JP Shin Etsu Chemical | 1.19% | |
| 22 | 6503.JP Mitsubishi Electric | 1.14% | |
| 23 | 6752.JP Panasonic Holdings | 1.13% | |
| 24 | 7974.JP Nintendo | 1.1% | |
| 25 | 9433.JP KDDI | 1.03% | |
| 26 | 7741.JP Hoya | 1.02% | |
| 27 | 2914.JP Japan Tobacco | 1.01% | |
| 28 | 6702.JP Fujitsu | 0.89% | |
| 29 | 9434.JP Softbank | 0.85% | |
| 30 | 8053.JP Sumitomo | 0.85% | |
| 31 | 5803.JP Fujikura | 0.84% | |
| 32 | 8002.JP Marubeni | 0.81% | |
| 33 | 7267.JP Honda Motor | 0.79% | |
| 34 | 6701.JP Nec | 0.78% | |
| 35 | 8591.JP Orix | 0.76% | |
| 36 | 8750.JP Daiichi Life Group | 0.76% | |
| 37 | 6301.JP Komatsu | 0.74% | |
| 38 | 5802.JP Sumitomo Electric Industries | 0.74% | |
| 39 | 8725.JP MS&AD Insurance Group Holdings | 0.73% | |
| 40 | 8630.JP Sompo Holdings | 0.67% | |
| 41 | 6954.JP Fanuc Corp | 0.67% | |
| 42 | 6762.JP TDK | 0.67% | |
| 43 | 7182.JP Japan Post Bank Ltd | 0.66% | |
| 44 | 6367.JP Daikin Industries Ltd | 0.65% | |
| 45 | 6723.JP Renesas Electronics Corp | 0.64% | |
| 46 | 9432.JP NTT | 0.64% | |
| 47 | 4578.JP Otsuka Holdings | 0.62% | |
| 48 | 8308.JP Resona Holdings | 0.58% | |
| 49 | 8015.JP Toyota Tsusho | 0.57% | |
| 50 | 6146.JP Disco Corp | 0.56% | |
| 51 | 2802.JP Ajinomoto | 0.55% | |
| 52 | 4568.JP Daiichi Sankyo Ltd | 0.54% | |
| 53 | 4062.JP Ibiden Ltd | 0.52% | |
| 54 | 5108.JP Bridgestone | 0.52% | |
| 55 | 6971.JP Kyocera | 0.52% | |
| 56 | 8604.JP Nomura Holdings | 0.52% | |
| 57 | 4519.JP Chugai Pharmaceutical Ltd | 0.51% | |
| 58 | 8309.JP Sumitomo Mitsui Trust Group | 0.51% | |
| 59 | 4503.JP Astellas Pharma | 0.5% | |
| 60 | 7751.JP Canon | 0.47% | |
| 61 | 8802.JP Mitsubishi Estate Co Ltd | 0.46% | |
| 62 | 4901.JP Fujifilm Holdings | 0.46% | |
| 63 | 3382.JP Seven & I Holdings | 0.46% | |
| 64 | 8801.JP Mitsui Fudosan | 0.45% | |
| 65 | 6178.JP Japan Post Holdings Ltd | 0.45% | |
| 66 | 6273.JP SMC (Japan) Corp | 0.44% | |
| 67 | 5020.JP Eneos Holdings | 0.43% | |
| 68 | 4452.JP Kao | 0.41% | |
| 69 | 4661.JP Oriental Land | 0.41% | |
| 70 | 9020.JP East Japan Railway | 0.4% | |
| 71 | 7269.JP Suzuki Motor | 0.39% | |
| 72 | 1605.JP Inpex | 0.39% | |
| 73 | 7936.JP Asics | 0.38% | |
| 74 | 5401.JP Nippon Steel | 0.38% | |
| 75 | 4543.JP Terumo | 0.38% | |
| 76 | 7832.JP Bandai Namco Holdings Inc | 0.37% | |
| 77 | 6920.JP Lasertec | 0.37% | |
| 78 | 6902.JP Denso | 0.36% | |
| 79 | 9022.JP Central Japan Railway | 0.34% | |
| 80 | 9101.JP Nippon Yusen | 0.33% | |
| 81 | 4004.JP Resonac Holdings | 0.33% | |
| 82 | 9735.JP Secom | 0.32% | |
| 83 | 9503.JP Kansai Electric Power | 0.31% | |
| 84 | 1925.JP Daiwa House Industry | 0.3% | |
| 85 | 9104.JP Mitsui Osk Lines Ltd | 0.3% | |
| 86 | 8267.JP Aeon | 0.3% | |
| 87 | 7453.JP Ryohin Keikaku | 0.3% | |
| 88 | 6988.JP Nitto Denko | 0.29% | |
| 89 | 6326.JP Kubota | 0.29% | |
| 90 | 7013.JP Ihi | 0.29% | |
| 91 | 9766.JP Konami Group | 0.28% | |
| 92 | 2502.JP Asahi Group Holdings | 0.28% | |
| 93 | 2503.JP Kirin Holdings | 0.28% | |
| 94 | 5801.JP Furukawa Electric Ltd | 0.27% | |
| 95 | 4507.JP Shionogi | 0.27% | |
| 96 | 8601.JP Daiwa Securities Group Inc | 0.26% | |
| 97 | 8697.JP Japan Exchange Group | 0.26% | |
| 98 | 4307.JP Nomura Research Institute | 0.25% | |
| 99 | 8795.JP T&D Holdings | 0.25% | |
| 100 | 7735.JP Screen Holdings Ltd | 0.25% |
The most recent file iShares has published for EWJ is dated 2026-10-15, 1 day before these prices, which is the median for the iShares ETFs covered here. Every one of the 167 positions EWJ holds, with its weight, is in the fund's JSON file. See the other 54 ETFs with a page here that hold 8306.JP, and how their weights compare with the 4.45% EWJ gives it.
Category: Japan, set by TickerInside from the ETF's own latest file. In its file of 2026-10-15, 100% of its stocks with a known country are in Japan. How categories are set.
https://tickerinside.com/api/v1/fund/ewj.jsonhttps://tickerinside.com/api/v1/fund/ewj.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/ewj.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/ewj.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/ewj.jsonHow much money went into or out of EWJ?
On the close of Monday, October 12, 2026, EWJ neither created nor redeemed shares. Over its last 5 closes, a net inflow of $0.
From EWJ's own holdings files. Every ETF's latest flows.
How is EWJ split by sector and country?
| Sector | Weight | Weight bar |
|---|---|---|
| Industrials | 23.4% | |
| Financials | 17.7% | |
| Technology | 17.4% | |
| Consumer discretionary | 14.5% | |
| Communication services | 6.4% | |
| Health care | 5.4% | |
| Consumer staples | 3.7% | |
| Materials | 3.5% | |
| Real estate | 1.8% | |
| Energy | 1.0% | |
| Utilities | 1.0% | |
| No sector found | 3.3% |
| Country | Weight | Weight bar |
|---|---|---|
| Japan | 99.1% |
From its iShares file of 2026-10-15. How these are measured.
What did EWJ hold in its SEC reports since 2019?
In EWJ's SEC filings, its largest position went from Toyota Motor Corp (7203.JP) at 4.42% on 2019-11-30 to Mitsubishi UFJ Financial Group Inc (8306.JP) at 4.05% on 2026-05-31, across 27 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-11-30 | 321 | 7203.JP 4.42% | 18.9% |
| 2020-11-30 | 318 | 7203.JP 3.63% | 20.8% |
| 2021-11-30 | 272 | 7203.JP 4.85% | 23.9% |
| 2022-11-30 | 237 | 7203.JP 4.84% | 22.2% |
| 2023-11-30 | 236 | 7203.JP 5.68% | 24.4% |
| 2024-11-30 | 191 | 7203.JP 4.60% | 27.1% |
| 2025-11-30 | 182 | 7203.JP 4.20% | 28.3% |
| 2026-05-31 | 178 | 8306.JP 4.05% | 28.2% |
The first report, then the last of each year, of the 27 reports EWJ filed on SEC Form N-PORT from 2019-11-30 to 2026-05-31, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/ewj/{date}.json. How these are read.
What does EWJ duplicate?
The ETF nearest to EWJ is HEWJ: the two hold 98.2% of their weight in common, in the 167 companies both own, and 100.0% of EWJ itself is also held there. Owning EWJ alongside the ETFs at the top of this table means holding mostly the same companies twice. EWJ is close to contained in HEWJ.
| ETF | Overlap by weight | Of EWJ held there | Of that ETF in EWJ | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| HEWJ | 98.2% | 100.0% | 100.0% | 167 | |
| BBJP | 93.8% | 99.3% | 99.0% | 164 | |
| JPXN | 75.0% | 91.3% | 85.0% | 145 | |
| EWJV | 56.0% | 58.1% | 100.0% | 108 | |
| IPAC | 55.8% | 100.0% | 56.3% | 167 | |
| VPL | 42.7% | 100.0% | 42.9% | 167 | |
| DMXF | 30.4% | 62.8% | 30.6% | 113 | |
| IVLU | 29.6% | 55.5% | 30.8% | 102 | |
| VIGI | 26.8% | 28.8% | 27.9% | 37 | |
| IDMO | 24.6% | 37.2% | 24.9% | 39 | |
| EFAX | 24.2% | 92.0% | 24.3% | 156 | |
| EFG | 24.2% | 57.4% | 24.4% | 84 |
The holdings of BBJP, VPL and VIGI are from their SEC Form N-PORT filings for the period ended 2026-07-31, filed 2026-09-28. The other ETFs' holdings are from their issuers' latest files. Check EWJ against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to EWJ?
IYR shares 0% of weight with EWJ and its weekly returns correlate with it at 0.40 over three years. The table lists the covered ETFs with the least in common with EWJ, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| IYR | iShares U.S. Real Estate ETF | 0.0% | 0.40 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.43 | 0 |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.0% | 0.53 | 0 |
| IJR | iShares Core S&P Small-Cap ETF | 0.0% | 0.59 | 0 |
| SOXX | iShares Semiconductor ETF | 0.0% | 0.62 | 0 |
| IJH | iShares Core S&P Mid-Cap ETF | 0.0% | 0.65 | 0 |
| SMMD | iShares Russell 2500 ETF | 0.0% | 0.65 | 0 |
| THRO | iShares U.S. Thematic Rotation Active ETF | 0.0% | 0.66 | 0 |
Cost, returns and risk
| Expense ratio | 0.49% |
|---|---|
| Dividend yield | 3.66% |
| Total return, 1 year | 21.4% |
| Total return, 3 years cumulative | 79.1% |
| Total return, 5 years cumulative | 57.1% |
| Volatility, annualised | 19.5% |
| Worst fall, 3 years | -13.8% |
| Beta against SPY, 3 years of weekly returns | 0.95 |
| Weight in the ten largest positions | 29.9% |
| Largest single position | 4.4% |
| Assets under management | $23.5B |
Expense ratio, yield and assets are reference data (the expense ratio from EWJ's SEC filing of 2025-12-19); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-15; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.69loosely linked | 192 |
| QQQ | 0.65loosely linked | 247 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | 18.8% |
| 2025 | 25.8% |
| 2024 | 7.0% |
| 2023 | 20.3% |
| 2022 | -17.7% |
One year
Where to go next
- EWJV, iShares MSCI Japan Value ETF
- HEWJ, iShares Currency Hedged MSCI Japan ETF
- JPXN, iShares JPX-Nikkei 400 ETF
- SCJ, iShares MSCI Japan Small-Cap ETF
- Run a portfolio x-ray to see what EWJ carries once you look through it
- Compare EWJ against any other ETF in the builder
Holdings from the most recent file iShares has published, dated 2026-10-15. Prices through 2026-10-16. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, iShares MSCI Japan ETF (EWJ), holdings from the issuer's file of 2026-10-15, https://tickerinside.com/etf/ewj/, CC BY 4.0
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