EWJ vs JPAN
iShares MSCI Japan ETF against Matthews Japan Active ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
46%
41 shared positions
Fee gap
30 bp
EWJ is cheaper
1-year return gap
1.6 pts
JPAN is ahead
Larger fund
EWJ
$23.7B
Side by side
| EWJ | JPAN | |
|---|---|---|
| Fund | iShares MSCI Japan ETF | Matthews Japan Active ETF |
| Issuer | iShares | Matthews Asia |
| Category | Single Country | Single Country |
| Expense ratio | 0.49% | 0.79% |
| Assets | $23.7B | $10.0M |
| Average daily dollar volume | $382M | $59K |
| Listed | Mar 12, 1996 | Sep 21, 2023 |
| FrenzyCap score | 82 | 18 |
| 1-month return | −3.1% | −1.5% |
| 3-month return | +5.1% | +4.1% |
| Year to date | +18.6% | +19.1% |
| 1-year return | +14.6% | +16.2% |
| 30-day volatility | 16.3% | 14.9% |
| Worst drawdown, 1 year | −13.6% | −14.6% |
| Trailing 12-month yield | 3.72% | 4.29% |
| Holdings | 172 | 52 |
| Top 10 weight | 29.6% | 35.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$843M thru May 2026 | +$1.7M thru Jun 2026 |
| 30-day implied volatility | 23.5% | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
50% of EWJ · 86% of JPAN| Holding | EWJ | JPAN |
|---|---|---|
| MITSUBISHI UFJ FINANCIAL GROUP | 4.35% | 4.66% |
| RECRUIT HOLDINGS LTD | 3.03% | 3.35% |
| ADVANTEST | 3.01% | 3.78% |
| HITACHI | 3.12% | 2.97% |
| SONY GROUP | 2.80% | 3.03% |
| SUMITOMO MITSUI FINANCIAL GROUP | 2.78% | 3.28% |
| TOKYO ELECTRON | 2.73% | 6.17% |
| KEYENCE | 1.85% | 2.50% |
| KIOXIA HOLDINGS | 1.84% | 2.76% |
| TOKIO MARINE HOLDINGS | 1.78% | 2.04% |
| FAST RETAILING | 1.68% | 2.55% |
| SOFTBANK GROUP CORP | 2.06% | 1.32% |
| SHIN ETSU CHEMICAL | 1.17% | 2.89% |
| MITSUBISHI ELECTRIC | 1.12% | 1.95% |
| PANASONIC HOLDINGS | 1.10% | 2.85% |
| SUMITOMO | 0.84% | 2.11% |
| MARUBENI | 0.81% | 1.33% |
| TOYOTA MOTOR | 3.58% | 0.81% |
| NEC | 0.79% | 1.62% |
| ORIX | 0.76% | 2.50% |
| MS&AD INSURANCE GROUP HOLDINGS | 0.73% | 1.59% |
| SUMITOMO ELECTRIC INDUSTRIES | 0.68% | 2.50% |
| JAPAN POST BANK LTD | 0.65% | 2.02% |
| RENESAS ELECTRONICS CORP | 0.62% | 1.92% |
| TOYOTA TSUSHO | 0.58% | 1.95% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · EWJ holdings · JPAN holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.