iShares MSCI Japan Equal Weighted ETF (EWJE)
iShares MSCI Japan Equal Weighted ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $31.95, down 0.14% on the session, giving a market capitalisation of $6.3M. Its beta of 0.71 implies it has historically moved less than the broad market.
This ETF follows an index that employs an equal-weighting strategy, offering a different approach compared to its traditional market-capitalization-weighted benchmark, the MSCI Japan Index. The fund typically allocates a minimum of 80% of its total assets to the individual securities comprising its underlying index, or to other investments that closely mirror the economic performance of those constituent stocks.
iShares MSCI Japan Equal Weighted ETF is most often compared with the following Financial Services names: