HJPX iShares Currency Hedged JPX-Nikkei 400 ETF
Seeks to track, before fees and expenses, the JPX-Nikkei 400 Index, a broad-based benchmark composed of Japanese equities, and then uses currency forward contracts to hedge the currency exposure to Japanese Yen. The Index starts with the top 1000 Japanese securities based on market capitalization, after applying certain initial filters, and then scores every stock using three factors: 1) 3-year average ROE: 40%; 2) 3-year cumulative operating profit: 40% and 3) Market capitalization: 20%. The Index then selects the top 400 scoring stocks. HJPX does not directly buy the stocks in the index. Instead, HJPX owns shares in JPXN, the iShares JPX-Nikkei 400 ETF, which also tracks the Index.
$35.39 +0.49 (1.39%)
As of 08/12/2022 16:00:00 EST IEX book CBOE book
ETF Information
Sponsor: iShares
Category1: Global Equity
Category2: Single country
Category3: Large and mid cap
Morningstar category: Japan Stock
Country: Japan
Leverage factor: 1.00
Inception date: 09/29/2015
Index tracking method: Passive replication
Current yield: 2.81%
Historical average yield: 2.07%
Market cap: $3,141,351
Average volume: 190
Fees: 0.4800%
Index Information
JPX-Nikkei 400 Index
Index symbol: JPXNK400
Provider: JPX
Index weighting: Market capitalization
Index inception date: 08/30/2013
Backtesting data exists: No
Number of holdings: 400
Strategy: Quality investing
Factors used to select securities: