EWJV Stock Recent News
EWJV LATEST HEADLINES
EWJV is exposed heavily to industrial and consumer discretionary stocks that have a fair bit of exposure to the rate situation in Japan. Due to high levels of Japanese public debt, as well as the low levels of consumption rates in Japan compounded by demographics, rates will stay low.
For investors seeking momentum, IShares MSCI Japan Value ETF ( EWJV ) is probably on radar. The fund just hit a 52-week high and is up 24.61% from its 52-week low price of $21.29/share.
EWJV appears to be a better option than the popular EWJ. Despite inflation recently breaching the BOJ's 2% mark, it is difficult to see easy monetary policies being withdrawn.
EWJV invests in Japanese stocks that trade at relatively low valuations. While the underlying return on equity in EWJV's portfolio is not high, current valuations are very low.
Japan And Australia Enter Third Economic Downturns As Omicron Wave Hits
Upcoming rate hikes could drive an increase in hedging costs for Japanese investors, redirecting flows into unconventional assets and regions. Hedged yield pickup is naturally governed by the relationship of the spot and forward FX rates, which in turn are driven primarily by short-term interest rates.