iShares Currency Hedged MSCI Japan ETF (HEWJ) Holdings
HEWJ holdings summary
as of Oct 25, 2026- Holdings
- 167 positions listed
- Top 10 weight
- 29.7% of net assets
- Effective holdings
- 66 equal-weight equivalent
- Largest holding
- 8306 4.57% Mitsubishi UFJ Financial Group Inc
- Annual turnover
- 29.4% of the portfolio traded
Top 1029.7%
Top 2550.9%
Top 5069.3%
Top 10088.4%
All HEWJ holdings
167 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | 8306 | Mitsubishi UFJ Financial Group Inc | Financial Services | 4.57% | $28.8M | — | — |
| 2 | 7203 | Toyota Motor Corp | Consumer Cyclical | 3.62% | $22.8M | — | — |
| 3 | 6098 | Recruit Holdings Co Ltd | Communication Services | 3.10% | $19.5M | — | — |
| 4 | 6501 | Hitachi Ltd | Industrials | 3.09% | $19.4M | — | — |
| 5 | 6758 | Sony Corp | Technology | 2.94% | $18.5M | — | — |
| 6 | 6857 | Advantest Corp. | Technology | 2.88% | $18.1M | — | — |
| 7 | 8316 | Sumitomo Mitsui Financial | Financial Services | 2.85% | $17.9M | — | — |
| 8 | 8035 | Tokyo Electron Limited | Technology | 2.43% | $15.3M | — | — |
| 9 | 8411 | Mizuho Financial Group Inc | Financial Services | 2.23% | $14.0M | — | — |
| 10 | 9984 | Softbank Group Corp. | Communication Services | 1.97% | $12.4M | — | — |
| 11 | 8058 | Mitsubishi Corp. | Industrials | 1.86% | $11.7M | — | — |
| 12 | 8766 | Tokio Marine Holdings Inc. | Financial Services | 1.82% | $11.5M | — | — |
| 13 | 6861 | Keyence | Technology | 1.79% | $11.3M | — | — |
| 14 | 285A | Kioxia Holdings Corporation | Technology | 1.70% | $10.7M | — | — |
| 15 | 9983 | Fast Retailing Co. Ltd. | Consumer Cyclical | 1.69% | $10.6M | — | — |
| 16 | 8001 | Itochu Corp. | Industrials | 1.58% | $9.9M | — | — |
| 17 | 8031 | Mitsui & Co. Ltd. | Industrials | 1.41% | $8.9M | — | — |
| 18 | 7011 | Mitsubishi Heavy Industries Ltd. | Industrials | 1.39% | $8.7M | — | — |
| 19 | 6981 | Murata Mfg Co | Technology | 1.25% | $7.9M | — | — |
| 20 | 4502 | Takeda Pharmaceutical Co. Ltd. | Healthcare | 1.20% | $7.6M | — | — |
| 21 | 4063 | Shin-Etsu Chemical Co. Ltd. | Basic Materials | 1.14% | $7.2M | — | — |
| 22 | 7974 | Nintendo Co Ltd | Communication Services | 1.14% | $7.2M | — | — |
| 23 | 7741 | Hoya Cor | Healthcare | 1.12% | $7.1M | — | — |
| 24 | 6503 | Mitsubishi Electric Corp | Industrials | 1.07% | $6.8M | — | — |
| 25 | 9433 | KDDI Corp. | Communication Services | 1.02% | $6.4M | — | — |
| 26 | 6752 | Panasonic Corp | Technology | 1.01% | $6.3M | — | — |
| 27 | 2914 | Japan Tobacco Inc | Consumer Defensive | 1.00% | $6.3M | — | — |
| 28 | 6702 | Fujitsu Ltd. | Technology | 0.93% | $5.8M | — | — |
| 29 | 9434 | SoftBank Corp | Communication Services | 0.90% | $5.7M | — | — |
| 30 | 8002 | Marubeni Corp. | Industrials | 0.82% | $5.2M | — | — |
| 31 | 8053 | Sumitomo Corp. | Industrials | 0.81% | $5.1M | — | — |
| 32 | 8750 | Dai-ichi Life Holdings Inc | Financial Services | 0.80% | $5.0M | — | — |
| 33 | 6701 | NEC Corp. | Technology | 0.80% | $5.0M | — | — |
| 34 | 7267 | Honda Motor Co Ltd | Consumer Cyclical | 0.80% | $5.0M | — | — |
| 35 | 5803 | Fujikura Ltd. | Industrials | 0.78% | $4.9M | — | — |
| 36 | 8591 | Orix T | Financial Services | 0.75% | $4.7M | — | — |
| 37 | 8725 | MS&AD Insurance Group Holdings | Financial Services | 0.74% | $4.6M | — | — |
| 38 | 8630 | Sompo Holdings Inc | Financial Services | 0.73% | $4.6M | — | — |
| 39 | 6301 | Komatsu Ltd. | Industrials | 0.69% | $4.3M | — | — |
| 40 | 9432 | Nippon Telegraph & Telephone Corp | Communication Services | 0.68% | $4.3M | — | — |
| 41 | 4578 | Otsuka Holdings Ltd | Healthcare | 0.66% | $4.2M | — | — |
| 42 | 5802 | Sumitomo Electric Industries Ltd. | Consumer Cyclical | 0.66% | $4.2M | — | — |
| 43 | 6954 | Fanuc Corporation | Industrials | 0.66% | $4.1M | — | — |
| 44 | 7182 | Japan Post Bank Co Ltd | Financial Services | 0.66% | $4.1M | — | — |
| 45 | 6723 | Renesas Electronics Corp | Technology | 0.63% | $4.0M | — | — |
| 46 | 6762 | TDK Corp | Technology | 0.63% | $4.0M | — | — |
| 47 | 6367 | Daikin Industries Ltd. | Industrials | 0.61% | $3.9M | — | — |
| 48 | 8308 | Resona Holdings Inc. | Financial Services | 0.59% | $3.7M | — | — |
| 49 | 8015 | Toyota Tsusho Corp. | Industrials | 0.56% | $3.6M | — | — |
| 50 | 6146 | Disco Corporation | Technology | 0.56% | $3.5M | — | — |
| 51 | 4568 | Daiichi Sankyo Co. Ltd. | Healthcare | 0.55% | $3.5M | — | — |
| 52 | 4503 | Astellas Pharma Inc. | Healthcare | 0.52% | $3.3M | — | — |
| 53 | 8309 | Sumitomo Mitsui Trust Holdings | Financial Services | 0.52% | $3.3M | — | — |
| 54 | 2802 | Ajinomoto Co. Inc. | Consumer Defensive | 0.52% | $3.2M | — | — |
| 55 | 4519 | Chugai Pharmaceutical Co. Ltd. | Healthcare | 0.51% | $3.2M | — | — |
| 56 | 5108 | Bridgestone Corp. | Consumer Cyclical | 0.51% | $3.2M | — | — |
| 57 | 8801 | Mitsui Fudosan Co. Ltd. | Real Estate | 0.49% | $3.1M | — | — |
| 58 | 8802 | Mitsubishi Estate Co Ltd | Real Estate | 0.49% | $3.1M | — | — |
| 59 | 3382 | Seven & i Holdings Co. Ltd. | Consumer Defensive | 0.49% | $3.1M | — | — |
| 60 | 8604 | Nomura Holdings Inc | Financial Services | 0.49% | $3.1M | — | — |
| 61 | 4062 | Ibiden Co Ltd | Technology | 0.49% | $3.1M | — | — |
| 62 | 6971 | Kyocera Corp. | Industrials | 0.48% | $3.0M | — | — |
| 63 | 7751 | Canon Inc | Technology | 0.48% | $3.0M | — | — |
| 64 | 4901 | Fujifilm Holdings Corp. | Industrials | 0.47% | $3.0M | — | — |
| 65 | 5020 | Eneos Holdings Inc | Energy | 0.47% | $2.9M | — | — |
| 66 | 6178 | Japan Post Holdings Co Ltd | Financial Services | 0.45% | $2.8M | — | — |
| 67 | 1605 | Inpex Corp. | Energy | 0.44% | $2.8M | — | — |
| 68 | 9020 | East Japan Railway Co. | Industrials | 0.43% | $2.7M | — | — |
| 69 | 6273 | SMC Corp | Industrials | 0.43% | $2.7M | — | — |
| 70 | 4452 | Kao Corp. | Consumer Defensive | 0.42% | $2.7M | — | — |
| 71 | 4661 | Oriental Land Co Ltd | Consumer Cyclical | 0.41% | $2.6M | — | — |
| 72 | 7269 | Suzuki Motor Corp. | Consumer Cyclical | 0.41% | $2.6M | — | — |
| 73 | 4543 | Terumo Corp. | Healthcare | 0.39% | $2.5M | — | — |
| 74 | 7936 | Asics Corp | Consumer Cyclical | 0.39% | $2.5M | — | — |
| 75 | 7832 | BANDAI NAMCO Holdings Inc. | Consumer Cyclical | 0.38% | $2.4M | — | — |
| 76 | 6902 | DENSO Corporation | Consumer Cyclical | 0.37% | $2.4M | — | — |
| 77 | 5401 | Nippon Steel Corp | Basic Materials | 0.37% | $2.4M | — | — |
| 78 | 9022 | Central Japan Railway Co. | Industrials | 0.36% | $2.3M | — | — |
| 79 | 6920 | Lasertec Corp | Technology | 0.35% | $2.2M | — | — |
| 80 | 9101 | Nippon Yusen K.K | Industrials | 0.34% | $2.2M | — | — |
| 81 | 9503 | Kansai Electric Power Co Inc | Utilities | 0.33% | $2.1M | — | — |
| 82 | 9735 | Secom Co. Ltd. | Industrials | 0.32% | $2.0M | — | — |
| 83 | 2502 | Asahi Group Holdings Ltd. | Consumer Defensive | 0.30% | $1.9M | — | — |
| 84 | 9104 | Mitsui O.S.K. Lines Ltd. | Industrials | 0.30% | $1.9M | — | — |
| 85 | 6326 | Kubota Corp. | Industrials | 0.30% | $1.9M | — | — |
| 86 | 1925 | Daiwa House Industry Co. Ltd. | Real Estate | 0.30% | $1.9M | — | — |
| 87 | 6988 | Nitto Denko Co | Basic Materials | 0.29% | $1.9M | — | — |
| 88 | 7013 | IHI Corp. | Industrials | 0.29% | $1.9M | — | — |
| 89 | 9766 | Konami Corp. | Communication Services | 0.29% | $1.9M | — | — |
| 90 | 4004 | Showa Denko K.K. | Basic Materials | 0.29% | $1.8M | — | — |
| 91 | 8267 | Aeon Co. Ltd. | Consumer Cyclical | 0.29% | $1.8M | — | — |
| 92 | 7453 | Ryohin Keikaku Ltd | Consumer Cyclical | 0.28% | $1.8M | — | — |
| 93 | 4507 | Shionogi & Co. Ltd. | Healthcare | 0.28% | $1.7M | — | — |
| 94 | 2503 | Kirin Holdings Co. Ltd. | Consumer Defensive | 0.28% | $1.7M | — | — |
| 95 | 4307 | Nomura Research Institute Ltd | Technology | 0.27% | $1.7M | — | — |
| 96 | 1928 | Sekisui House Ltd. | Consumer Cyclical | 0.26% | $1.6M | — | — |
| 97 | 8697 | Japan Exchange Group Inc | Financial Services | 0.26% | $1.6M | — | — |
| 98 | 8795 | T&D Holdings Inc. | Financial Services | 0.26% | $1.6M | — | — |
| 99 | 8601 | Daiwa Securities Group Inc. | Financial Services | 0.25% | $1.6M | — | — |
| 100 | 3407 | Asahi Kasei Corp. | Industrials | 0.25% | $1.6M | — | — |
| 101 | 5713 | Sumitomo Metal Mining Co. Ltd. | Basic Materials | 0.24% | $1.5M | — | — |
| 102 | 4684 | Obic Co Ltd | Technology | 0.24% | $1.5M | — | — |
| 103 | 8830 | Sumitomo Realty & Development Co. | Real Estate | 0.24% | $1.5M | — | — |
| 104 | 9532 | Osaka Gas Co. Ltd. | Utilities | 0.24% | $1.5M | — | — |
| 105 | 9531 | Tokyo Gas Co. Ltd. | Utilities | 0.23% | $1.5M | — | — |
| 106 | 5801 | Furukawa Electric Co. Ltd. | Industrials | 0.23% | $1.4M | — | — |
| 107 | 7733 | Olympus Corp. | Healthcare | 0.22% | $1.4M | — | — |
| 108 | 6361 | Ebara Corp. | Industrials | 0.22% | $1.4M | — | — |
| 109 | 9502 | Chubu Electric Power Co. Inc. | Utilities | 0.22% | $1.4M | — | — |
| 110 | 1812 | Kajima Corp. | Industrials | 0.22% | $1.4M | — | — |
| 111 | 1802 | Obayashi Corp. | Industrials | 0.22% | $1.4M | — | — |
| 112 | 7735 | Dainippon Screen Mfg. Co. Ltd. | Technology | 0.22% | $1.4M | — | — |
| 113 | 6504 | Fuji Electric Co. Ltd. | Industrials | 0.22% | $1.4M | — | — |
| 114 | 7012 | Kawasaki Heavy Industries Ltd. | Industrials | 0.20% | $1.3M | — | — |
| 115 | 1801 | Taisei Corp. | Industrials | 0.20% | $1.2M | — | — |
| 116 | 6383 | Daifuku Co Ltd | Industrials | 0.20% | $1.2M | — | — |
| 117 | 7272 | Yamaha Motor Co Ltd | Consumer Cyclical | 0.20% | $1.2M | — | — |
| 118 | 7186 | Concordia Financial Group Ltd | Financial Services | 0.19% | $1.2M | — | — |
| 119 | 8473 | SBI Holdings Inc | Financial Services | 0.19% | $1.2M | — | — |
| 120 | 3402 | Toray Industries Inc. | Consumer Cyclical | 0.19% | $1.2M | — | — |
| 121 | 5016 | JX Advanced Metals Corp | Technology | 0.19% | $1.2M | — | — |
| 122 | 4911 | Shiseido Co. Ltd. | Consumer Defensive | 0.18% | $1.1M | — | — |
| 123 | 6594 | Nidec Corp | Industrials | 0.18% | $1.1M | — | — |
| 124 | 6525 | KOKUSAI ELECTRIC CORPORATION | Technology | 0.18% | $1.1M | — | — |
| 125 | 7532 | Pan Pacific International Holdings Corp | Consumer Defensive | 0.18% | $1.1M | — | — |
| 126 | 4188 | Mitsubishi Chemical Holdings Corp | Basic Materials | 0.17% | $1.1M | — | — |
| 127 | 4689 | Z Holdings Corp | Consumer Cyclical | 0.17% | $1.1M | — | — |
| 128 | 7270 | Subaru Corp | Consumer Cyclical | 0.17% | $1.0M | — | — |
| 129 | 4523 | Eisai Co. Ltd. | Healthcare | 0.16% | $1.0M | — | — |
| 130 | 8331 | Chiba Bank Ltd | Financial Services | 0.16% | $1.0M | — | — |
| 131 | 9843 | Nitori Holdings Co Ltd | Consumer Cyclical | 0.16% | $982,625.39 | — | — |
| 132 | 2801 | Kikkoman Corp. | Consumer Defensive | 0.15% | $956,816.52 | — | — |
| 133 | 8136 | Sanrio Co Ltd | Consumer Cyclical | 0.15% | $931,637.14 | — | — |
| 134 | 9021 | West Japan Railway Co. | Industrials | 0.15% | $929,748.68 | — | — |
| 135 | 7309 | Shimano Inc | Consumer Cyclical | 0.15% | $927,230.75 | — | — |
| 136 | 5706 | Mitsui Mining and Smelting Co. | Industrials | 0.14% | $909,605.18 | — | — |
| 137 | 5019 | Idemitsu Kosan Co Ltd | Energy | 0.14% | $898,903.94 | — | — |
| 138 | 6586 | Makita | Industrials | 0.14% | $898,903.94 | — | — |
| 139 | 8593 | Mitsubishi Ufj Lease Fin Ltd | Financial Services | 0.14% | $883,796.31 | — | — |
| 140 | 7550 | Zensho Holdings Co Ltd | Consumer Cyclical | 0.14% | $868,059.20 | — | — |
| 141 | 9697 | Capcom Co Ltd | Communication Services | 0.14% | $862,393.84 | — | — |
| 142 | 4612 | Nippon Paint Holdings Co Ltd | Basic Materials | 0.14% | $862,393.84 | — | — |
| 143 | 9107 | Kawasaki Kisen Kaisha Ltd. | Industrials | 0.14% | $861,764.35 | — | — |
| 144 | 7202 | Isuzu Motors Ltd. | Consumer Cyclical | 0.14% | $854,840.02 | — | — |
| 145 | 8113 | Unicharm Co | Consumer Defensive | 0.13% | $829,031.15 | — | — |
| 146 | 6841 | Yokogawa Electric Corp. | Industrials | 0.13% | $793,780.02 | — | — |
| 147 | 9042 | Hankyu Hanshin Holdings Inc | Industrials | 0.13% | $790,632.60 | — | — |
| 148 | 7912 | Dai Nippon Printing Co. Ltd. | Industrials | 0.12% | $784,967.24 | — | — |
| 149 | 1803 | Shimizu Corp. | Industrials | 0.12% | $783,078.78 | — | — |
| 150 | 4768 | Otsuka Corp | Technology | 0.12% | $783,078.78 | — | — |
| 151 | 6479 | Minebea Mitsumi Inc | Technology | 0.12% | $782,449.30 | — | — |
| 152 | 7259 | Aisin Seiki Ltd | Consumer Cyclical | 0.12% | $779,931.36 | — | — |
| 153 | 5201 | AGC Inc | Industrials | 0.12% | $766,082.70 | — | — |
| 154 | 7911 | Toppan Printing Co. Ltd. | Industrials | 0.12% | $746,568.68 | — | — |
| 155 | 1878 | Daito Trust Construction | Real Estate | 0.12% | $732,720.02 | — | — |
| 156 | 8951 | Nippon Building Fund Inc | Real Estate | 0.11% | $713,206.00 | — | — |
| 157 | 4755 | Rakuten Inc | Consumer Cyclical | 0.11% | $710,688.06 | — | — |
| 158 | 9602 | Toho Co. Ltd. | Communication Services | 0.11% | $696,839.40 | — | — |
| 159 | 3659 | Nexon Co Ltd | Communication Services | 0.11% | $696,209.91 | — | — |
| 160 | 4091 | Taiyo Nippon Sanso Corp | Basic Materials | 0.11% | $692,433.01 | — | — |
| 161 | 7181 | Japan Post Insurance Co Ltd | Financial Services | 0.11% | $668,512.59 | — | — |
| 162 | 3003 | Hulic Co Ltd | Real Estate | 0.09% | $586,679.60 | — | — |
| 163 | 9435 | Hikari Tsushin Inc | Industrials | 0.08% | $511,141.46 | — | — |
| 164 | 7201 | Nissan Motor Co. Ltd. | Consumer Cyclical | 0.07% | $470,224.96 | — | — |
| 165 | 2587 | Suntory Beverage & Food Ltd | Consumer Defensive | 0.07% | $452,599.39 | — | — |
| 166 | 4151 | Kyowa Kirin Co Ltd | Healthcare | 0.07% | $446,934.03 | — | — |
| 167 | 9202 | ANA Holdings Inc | Industrials | 0.06% | $360,065.16 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($629.5M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
HEWJ sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Industrials | 22.6% | 45 | 6501, 8058, 8001 |
| Technology | 20.2% | 22 | 6758, 6857, 8035 |
| Financial Services | 18.7% | 21 | 8306, 8316, 8411 |
| Consumer Cyclical | 11.8% | 25 | 7203, 9983, 7267 |
| Communication Services | 9.5% | 10 | 6098, 9984, 7974 |
| Healthcare | 5.7% | 11 | 4502, 7741, 4578 |
| Consumer Defensive | 3.7% | 11 | 2914, 2802, 3382 |
| Basic Materials | 2.8% | 8 | 4063, 5401, 6988 |
| Real Estate | 1.8% | 7 | 8801, 8802, 1925 |
| Energy | 1.1% | 3 | 5020, 1605, 5019 |
| Utilities | 1.0% | 4 | 9503, 9532, 9531 |
Sum of the weights of the holdings in each sector.
HEWJ top industries
Conglomerates
13.0%
Banks - Diversified
7.4%
Semiconductor Equipment & Materials
6.8%
Auto Manufacturers
5.4%
Banks - Regional
4.8%
Telecom Services
4.6%
Consumer Electronics
3.9%
Specialty Industrial Machinery
3.5%
Insurance - Property & Casualty
3.3%
Internet Content & Information
3.1%
Electronic Components
2.5%
Semiconductors
2.3%
Drug Manufacturers - General
2.2%
Information Technology Services
2.1%
Scientific & Technical Instruments
1.8%
HEWJ overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 12.0% | 164 of 8,035 | 0.05% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 0 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.0% | 0 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the HEWJ portfolio
iShares Currency Hedged MSCI Japan ETF holds 167 positions. The ten largest make up 29.7% of the fund and the top 50 69.3%, so it behaves like a portfolio of about 66 equally weighted positions. The biggest positions are Mitsubishi UFJ Financial Group Inc (4.57%), Toyota Motor Corp (3.62%), Recruit Holdings Co Ltd (3.10%), Hitachi Ltd (3.09%), Sony Corp (2.94%).
By sector, Industrials is 22.6%, Technology is 20.2%, Financial Services is 18.7%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: HEWJ chart, HEWJ performance, HEWJ dividends, HEWJ overview.
HEWJ holdings FAQ
How many holdings does HEWJ have?
HEWJ holds 167 positions as of October 25, 2026.
What are the top 10 holdings of HEWJ?
The ten largest holdings are Mitsubishi UFJ Financial Group Inc (4.57%), Toyota Motor Corp (3.62%), Recruit Holdings Co Ltd (3.10%), Hitachi Ltd (3.09%), Sony Corp (2.94%), Advantest Corp. (2.88%), Sumitomo Mitsui Financial (2.85%), Tokyo Electron Limited (2.43%), Mizuho Financial Group Inc (2.23%), Softbank Group Corp. (1.97%). Together they are 29.7% of the fund.
What percentage of HEWJ is Mitsubishi UFJ Financial Group Inc?
Mitsubishi UFJ Financial Group Inc is the largest holding at 4.57% of net assets, about $28.8M of the fund's $629.5M.
Which sector is the largest in HEWJ?
Industrials is the largest sector at 22.6%, followed by Technology (20.2%) and Financial Services (18.7%), based on the sectors of the individual holdings.
How concentrated is HEWJ?
The top 10 holdings are 29.7% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) HEWJ behaves like a portfolio of about 66 equally weighted positions.