IShares JPX Ownership
| JPXN Etf | USD 72.95 0.80 1.11% |
IShares |
IShares Etf Ownership Analysis
IShares JPX is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has 397 constituents with avarage daily trading value of 7.2 K. The fund charges 0.48 percent management fee with a total expences of 0.48 percent of total asset. The fund retains 98.82% of assets under management (AUM) in equities. iShares JPX Nikkei last dividend was 0.425 per share. 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. Jpx-Nikkei 400 is traded on NYSEARCA Exchange in the United States. To learn more about iShares JPX Nikkei 400 call the company at NA.Sector Exposure (%)
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 JPX , and the less return is expected.
Currency Exposure (%)
Investment Allocations (%)
Top Etf Constituents
| HNDAF | Honda Motor Co | Pink Sheet | |
| FANUF | Fanuc | Pink Sheet | |
| KYCCF | Keyence | Pink Sheet | |
| MBFJF | Mitsubishi UFJ Financial | Pink Sheet | |
| NPPXF | Nippon Telegraph Telephone | Pink Sheet | |
| SMFNF | Sumitomo Mitsui Financial | Pink Sheet | |
| SNEJF | Sony Corp | Pink Sheet | |
| TOYOF | Toyota Motor Corp | Pink Sheet | |
| TKPHF | Takeda Pharmaceutical Co | Pink Sheet | |
| SFTBF | Softbank Group Corp | Pink Sheet | |
| KDDIF | KDDI Corp | Pink Sheet | |
| MZHOF | Mizuho Financial Group | Pink Sheet |
IShares JPX Outstanding Bonds
IShares JPX issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. iShares JPX Nikkei uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most IShares bonds can be classified according to their maturity, which is the date when iShares JPX Nikkei 400 has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with IShares JPX
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares JPX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares JPX will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.98 | EWJ | iShares MSCI Japan | PairCorr |
| 0.98 | BBJP | JPMorgan BetaBuilders | PairCorr |
| 0.98 | FLJP | Franklin FTSE Japan | PairCorr |
Moving against IShares Etf
The ability to find closely correlated positions to IShares JPX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares JPX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares JPX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares JPX Nikkei 400 to buy it.
The correlation of IShares JPX is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares JPX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares JPX Nikkei moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares JPX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.