iShares Weekly Feature
Published: January 8, 2026
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
With no changes to any of the iShares models this week, we look at the iShares MSCI Japan ETF (EWJ).

There are no changes to any of the iShares models this week. While US equities remain at the top of the DALI asset class rankings, we continue to see significant strength from international equities. In the Asset Class Group Scores, Japan currently ranks second out of all 134 groups in the system, trailing only precious metals. Investors interested in taking advantage of this strength could consider the iShares MSCI Japan ETF (EWJ).

EWJ currently shows a strong 5.13 fund score, which is 0.40 points better than the average for all non-US equity funds, and a positive 1.75 score direction. On its default chart, EWJ has given four consecutive buy signals and reached a new all-time high of $85 last month and currently sits at $83 on its chart. Although the fund trades just off its all-time high EWJ currently sits near the middle of its 10-week trading band with a weekly overbought/oversold (OBOS) reading of 6%, putting it well within actionable territory. The fund has established support at $80, reversing up from that level twice since November; additional support is afforded at $79. Year-to-date (through 1/7) EWJ has gained 2.7% on a price return basis after gaining a little over 20% in 2025. EWJ also carries a 4.5% yield.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. BlackRock sponsors the Dorsey Wright iShares ETF Models. However, analysis, models and recommendations are created and provided solely by Dorsey, Wright & Associates (Dorsey Wright). Neither BlackRock, BlackRock Advisors and its affiliates, nor SEI Investments Distribution Co. or its affiliates (SEI) are affiliated with Dorsey Wright. Neither BlackRock nor SEI provides investment advice or recommendations regarding any security, fund or market. Analysis, models and recommendations should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including iShares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. No individual risk management tools are used in maintaining this model. This model may not be suitable for all investors. As the investment professional making the final decision with respect to allocations, remember to adhere to NASD Rules 2090 and 2111 (formerly NYSE Rule 405, Know Your Customer). The percentage of the portfolio devoted to any iShares strategy, as well as final individual weightings are at the sole discretion of the financial advisor and not Dorsey, Wright & Associates, BlackRock or SEI Investments Distribution Co. or its affiliates (SEI) . If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey or visit the PnF University at www.dorseywright.com. If you are not familiar with the iShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.ishares.com for more information.