This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Top 10 Asia ETFs

Stocks in this article: EWJITFEWYEWTEWSEWMIDX


Our goal in this profile is to help investors wade through the many competing ETF offerings available. Using our long experience as an ETF publication, and nearly 40 years in the investment business, we can help select those ETFs that matter and may or may not be repetitive. The result is a more manageable list of issues from which to view and make selections.

There are several dozen ETFs associated with Asia single country markets, excluding China and India. The biggest, of course, are from Japan which is now the third largest global market in terms of market capitalization. We lead with that market, saving China and India for another profile. This allows us to focus on some of the more interesting and growing countries, particularly in Southeast Asia, with most countries formerly known as the Asian Tigers.

We're not ranking these ETFs favoring one over another so don't let the listing order mislead you. Although we may use some of these in ETF Digest portfolios it's not our intention to recommend one over another.

ProShares and Direxion Shares offer several inverse and leveraged issues for those interested in hedging or outright speculation.

Our technical methodology involves using, where possible, monthly charts with enough data to allow investors to stay on the right side of the 12 month moving averages. Further, when market prices move too far above or below this moving average investors can assume a correction in the other direction will eventually take place. In this regard caution is advised.


EWJ (iShares Japan ETF) follows the MSCI Japan Index which is a proprietary index covering the Japanese equity market. The fund was launched in March 1996. The expense ratio is .54%. AUM (Assets under Management) equal $8 billion and average daily trading volume is over 28M shares. As of early August 2011 the annual dividend was $.07 making the current yield .68% and YTD return -1.83%.

A competitive issue would be JPP (SPDR Russell/Nomura Prime Japan ETF) with an expense ratio of .50% and AUM of $16 million and average daily trading volume of less than 2K shares.

Also ProShares features leveraged products for hedging and speculating with similar tracking characteristics to EWJ and others.

Data as of July 2011

EWJ Top Ten Holdings & Weightings

  1. Toyota Motor Corporation (7203): 5.08%
  2. Honda Motor Company (7267):  2.75%
  3. Mitsubishi UFJ Financial Group, Inc. (8306):  2.60%
  4. Canon, Inc. (CAJFF):  2.37%
  5. Sumitomo Mitsui Financial Group, Inc. (SMFNF):  1.71%
  6. Takeda Pharmaceutical Co., Ltd. (4502):  1.64%
  7. Mitsubishi (8058):  1.54%
  8. Softbank Corporation (SFTBF):  1.46%
  9. Mizuho Financial Group, Inc. (8411):  1.42%
  10. Mitsui & Co Ltd (8031):  1.31%

 

ITF (iShares TOPIX 150 ETF) follows the S&P Tokyo Stock Price Index 150 Index which measures the performance of the 150 most liquid securities from each major market sector listed in Tokyo. The fund was launched in October 2010. The expense ratio is .50%. AUM equal $110 million and average daily trading volume is over 10K shares. As of early August 2011 the annual dividend was $.46 making the current yield 1% and YTD performance -2.90%.

Data as of July 2011

ITF Top Ten Holdings & Weightings

  1. Toyota Motor Corporation (7203):  5.94%
  2. Mitsubishi UFJ Financial Group, Inc. (8306):  3.73%
  3. Honda Motor Company (7267):  3.25%
  4. Canon, Inc. (CAJFF):  2.85%
  5. Sumitomo Mitsui Financial Group, Inc. (SMFNF):  2.35%
  6. Mizuho Financial Group, Inc. (8411):  1.94%
  7. Mitsubishi (8058):  1.92%
  8. Nippon Telegraph and Telephone Corporation (9432):  1.89%
  9. Takeda Pharmaceutical Co., Ltd. (4502):  1.82%
  10. Softbank Corporation (SFTBF):  1.76%

 

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs