EWJ vs. JPAN ETF Comparison

Comparison of iShares MSCI Japan Index Fund (EWJ) to Matthews Japan Active ETF (JPAN)

EWJ

iShares MSCI Japan Index Fund

EWJ Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Japan Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks traded primarily on the Tokyo Stock Exchange. Components primarily include consumer discretionary, financial and industrials companies.

Grade (RS Rating)

Last Trade

$67.95

Average Daily Volume

4,403,730

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPAN

Matthews Japan Active ETF

JPAN Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Japan.

Grade (RS Rating)

Last Trade

$30.66

Average Daily Volume

960

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EWJ	JPAN
30 Days	1.94%	2.92%
60 Days	-5.23%	-4.81%
90 Days	-5.53%	-3.92%
12 Months	11.08%	21.96%

3 Overlapping Holdings

Symbol	Grade	Weight in EWJ	Weight in JPAN	Overlap
MUFG	B	3.47%	5.06%	3.47%
SMFG	B	2.34%	2.94%	2.34%
SONY	B	3.09%	4.93%	3.09%

EWJ Overweight 6 Positions Relative to JPAN

Symbol	Grade	Weight
TM	D	4.76%
MFG	B	1.56%
HMC	F	1.04%
NMR	B	0.47%
AGCO	D	0.16%
MBAVU	D	0.09%

EWJ Underweight 0 Positions Relative to JPAN

	Symbol	Grade	Weight

JPAN: Top Represented Industries & Keywords

Industries: Banks - Global Consumer Electronics