JPANvsEWJETF Comparison
VS
Matthews Japan Active ETF (JPAN) and iShares MSCI Japan ETF (EWJ) belong to the same industry segment: Japan Blended Cap. JPAN's top 3 sector exposures are Technology, Industrials and Finance. In contrast, EWJ's top sector exposures are Technology, Finance and Industrials. JPAN is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.49% for EWJ. JPAN is up 15.11% year-to-date (YTD) with +$3M in YTD flows. EWJ performs worse with 13.84% YTD performance, and +$3.97B in YTD flows. Run a side-by-side ETF comparison of JPAN and EWJ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
JPAN vs EWJ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | JPAN EWJ | -1.47%-2.69% | +5.42%+4.81% | +15.11%+13.84% | +26.97%+28.21% | n/a+57.36% | n/a+52.97% |
| Flows | JPAN EWJ | +$2M-$250M | +$2M+$278M | +$3M+$3.97B | +$3M+$2.99B | -+$2.34B | -+$5.14B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | JPAN EWJ | +22.95%+23.72% | +22.59%+22.00% | n/a+19.97% | n/a+18.89% |
| Max drawdown | JPAN EWJ | -7.17%-6.69% | -14.82%-13.62% | n/a-15.70% | n/a-33.16% |
| Max drawdown duration | JPAN EWJ | 35d35d | 85d111d | n/a225d | n/a902d |
Trading data
JPAN | EWJ | |
Last sale 7/28/2026 at 1:30 PM | $40.02 | $89.83 |
| Previous close 07/27/2026 | $40.94 | $91.51 |
| Consolidated volume 07/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
JPAN
is actively managed and doesn’t replicate an indexJPAN | EWJ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/28/2026 at 1:30 PM
Live
Closed
JPAN | EWJ | |
|---|---|---|
| Last price | $40.02 | $89.83 |
| 1D performance | -2.25% | -1.84% |
| AuM | $9.87 M | $21.57 B |
| E/R | 0.79% | 0.49% |
Characteristics
JPAN | EWJ | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Matthews Asia | iShares |
| Benchmark | - | MSCI Japan Index |
| N° of holdings | 51 | 169 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 22, 2023 | March 12, 1996 |
| ESG | Yes | No |
Advertisement
Exposure
Countries
JPAN
Japan
97.57%
Other
2.43%
EWJ
Japan
99.59%
Other
0.41%
Sectors
JPAN
Technology
28.54%
Industrials
23.08%
Finance
20.94%
Consumer Cyclical.
9.33%
Other
18.11%
EWJ
Technology
26.85%
Finance
19.49%
Industrials
18.29%
Consumer Cyclical.
9.32%
Consumer Non-Cycl.
7.05%
Other
18.99%
Advertisement
Diversification
JPAN
Total weight of top 15 holdings out of 15
48.06%
EWJ
Total weight of top 15 holdings out of 15
39.44%
Top 15 holdings
Data as of June 30, 2026
JPAN
Tokyo Electron Ltd.
6.19%
Mitsubishi UFJ Financial Group, Inc.
4.67%
Advantest Corp.
3.79%
Recruit Holdings Co., Ltd.
3.36%
Sumitomo Mitsui Financial Group, Inc.
3.29%
Sony Group Corp.
3.04%
Hitachi Ltd.
2.98%
Shin-Etsu Chemical Co., Ltd.
2.90%
Panasonic Holdings Corp.
2.86%
Kioxia Holdings Corp.
2.77%
Fast Retailing Co., Ltd.
2.56%
Sumitomo Electric Industries Ltd.
2.51%
ORIX Corp.
2.51%
KEYENCE Corp.
2.50%
Sumitomo Corp.
2.11%
EWJ
Tokyo Electron Ltd.
4.17%
Mitsubishi UFJ Financial Group, Inc.
4.14%
Kioxia Holdings Corp.
3.40%
Toyota Motor Corp.
3.12%
Advantest Corp.
2.86%
Sumitomo Mitsui Financial Group, Inc.
2.79%
SoftBank Group Corp.
2.67%
Hitachi Ltd.
2.39%
Sony Group Corp.
2.31%
Murata Manufacturing Co. Ltd.
2.23%
Mizuho Financial Group, Inc.
2.21%
Fast Retailing Co., Ltd.
1.91%
KEYENCE Corp.
1.84%
Recruit Holdings Co., Ltd.
1.81%
Mitsubishi Corp.
1.59%
Frequently asked questions about JPAN and EWJ
How have the JPAN and EWJ ETFs performed in 2026?
As of July 27, 2026, JPAN is up 15.11% year-to-date (YTD), while EWJ has returned 13.84%. That puts JPAN better performer ahead so far this year.
Which ETF is attracting more investor money: JPAN or EWJ?
Year-to-date, the JPAN ETF saw +$3M in flows, compared to +$3.97B for EWJ.
Which ETF is more volatile: JPAN or EWJ?
Over the past year, JPAN had a volatility of 22.59%, while EWJ experienced 22%.
Which ETF is bigger: JPAN or EWJ?
As of July 27, 2026, JPAN holds $9.87 M in assets under management (AUM), while EWJ manages $21.57 B.
What sectors do the JPAN and EWJ ETFs invest in?
JPAN leans toward sectors like Technology, Industrials and Finance. Meanwhile, EWJ focuses on Technology, Finance and Industrials.
What are the top holdings of the JPAN ETF and EWJ ETF?
JPAN top holdings include Tokyo Electron Ltd., Mitsubishi UFJ Financial Group, Inc. and Advantest Corp.. EWJ holds in its top three: Tokyo Electron Ltd., Mitsubishi UFJ Financial Group, Inc. and Kioxia Holdings Corp..
Which ETF is more diversified: JPAN or EWJ?
JPAN holds 51 securities with 48.06% of its assets in the top 15. EWJ has 169 securities and a top 15 weight of 39.44%.
Advertisement
Latest news about JPAN & EWJ
Japan ETFs Gain Amid Nikkei and TOPIX Surge in June
July 1, 2024
EWJ
Tony's ETF Buyers Guide: Japanese Equity ETFs
April 5, 2024
EWJ
Japan Stocks Outperform Amid Controlled Inflation and Accommodating Monetary Policy
January 16, 2024
EWJ
An introduction to Country-Based ETFs
July 7, 2022
EWJ
Advertisement
Advertisement
