EWJV: A High Dividend Yield ETF With A Forgotten Currency Upside
Summarize this article with:
Brett Ashcroft Green8.79K FollowersFollow5ShareSavePlay(10min)CommentsSummaryiShares MSCI Japan Value ETF trades at a 14.15 P/E, significantly cheaper than U.S. value ETFs.EWJV benefits from Japan's recent rate hikes, potential Yen appreciation, and remains attractively valued at 84% of Graham's intrinsic value metric for the entire ETF as an average.The ETF's top holdings include Toyota and major Japanese trading houses, with a low 3-year standard deviation of 10.94%.Currency risk and Japan's demographic challenges persist, but global product acceptance and policy trends support a continued Buy rating for EWJV. CHUNYIP WONG/E+ via Getty Images A high yield dividend ETF with lower multiples than the S&P 500 I've written several articles on Japanese stocks and ETFs alike, they are my go to for International exposure. I've written about diversified strategies thatThis article was written byBrett Ashcroft Green8.79K FollowersFollowBrett Ashcroft Green, CFP® is a CERTIFIED FINANCIAL PLANNER™. He has worked with high-net-worth and ultra-high-net-worth individuals globally, specializing in private credit and commercial real estate mezzanine financing as a business director at a large family office. Brett is fluent in Mandarin Chinese in both business and legal settings and previously served as a court interpreter. Having spent a significant portion of his professional life in China and throughout Asia, Brett has also had the opportunity to work with leading commercial real estate developers, including The Witkoff Group, Kushner Companies, The Durst Organization, and Fortress Investment Group.Analyst’s Disclosure:I/we have a beneficial long position in the shares of SCHD, FDVV, SCHY, EWJV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: The information in this article is intended for general informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. The views expressed are solely those of the author, based on independent research, analysis, and professional experience. Although the author is a CERTIFIED FINANCIAL PLANNER™ (CFP®), the content may not be suitable for your individual financial situation, objectives, or risk tolerance. Readers should consult with a qualified financial professional before making any decisions based on this material.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.