Ishares Jpx Nikkei 400 Etf Profile
| JPXN Etf | USD 73.97 1.80 2.49% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares JPX is selling at 73.97 as of the 30th of November 2024; that is 2.49 percent increase since the beginning of the trading day. The etf's open price was 72.17. IShares JPX has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iShares JPX Nikkei 400 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. More on iShares JPX Nikkei 400
Moving together with IShares Etf
| 0.99 | EWJ | iShares MSCI Japan | PairCorr |
| 0.88 | BBJP | JPMorgan BetaBuilders Low Volatility | PairCorr |
| 1.0 | FLJP | Franklin FTSE Japan | PairCorr |
Moving against IShares Etf
IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Japan Stock, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2001-10-23 |
| Benchmark | JPX-Nikkei Index 400 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 173.14 Million |
| Average Trading Valume | 22,767.2 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Asia-Pacific |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 398 |
| Market Maker | Citadel |
| Total Expense | 0.48 |
| Management Fee | 0.48 |
| Country Name | USA |
| Returns Y T D | 9.68 |
| Name | iShares JPX-Nikkei 400 ETF |
| Currency Code | USD |
| Open Figi | BBG000KBKLX7 |
| In Threey Volatility | 16.67 |
| 1y Volatility | 13.85 |
| 200 Day M A | 73.3761 |
| 50 Day M A | 74.0054 |
| Code | JPXN |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
iShares JPX Nikkei 400 [JPXN] is traded in USA and was established 2001-10-23. The fund is listed under Japan Stock category and is part of iShares family. The entity is thematically classified as Strategy ETFs. iShares JPX Nikkei currently have 46.68 M in assets under management (AUM). , while the total return for the last 3 years was 4.0%.
Check IShares JPX Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares JPX Nikkei 400 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iShares JPX Nikkei Currency Exposure
iShares JPX Nikkei 400 holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares JPX will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares JPX Nikkei 400.
Top iShares JPX Nikkei 400 Etf Constituents
| HNDAF | Honda Motor Co | Pink Sheet | Auto Manufacturers | |
| FANUF | Fanuc | Pink Sheet | Specialty Industrial Machinery | |
| KYCCF | Keyence | Pink Sheet | Scientific & Technical Instruments | |
| MBFJF | Mitsubishi UFJ Financial | Pink Sheet | Banks—Diversified | |
| NPPXF | Nippon Telegraph Telephone | Pink Sheet | Telecom Services | |
| SMFNF | Sumitomo Mitsui Financial | Pink Sheet | Banks—Diversified | |
| SNEJF | Sony Corp | Pink Sheet | Consumer Electronics | |
| TOYOF | Toyota Motor Corp | Pink Sheet | Auto Manufacturers |
iShares JPX Nikkei Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares JPX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.07) |
IShares JPX Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares JPX Nikkei 400. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of iShares JPX Nikkei is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares JPX's value that differs from its market value or its book value, called intrinsic value, which is IShares JPX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares JPX's market value can be influenced by many factors that don't directly affect IShares JPX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares JPX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares JPX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares JPX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.