Japan ETF

A Japan ETF is a type of exchange-traded fund that invests the majority of its assets in Japanese equities that trade on local stock exchanges. In the Japanese stock market, ETFs track seven indices. Three alternative indices that focus on small- and mid-cap or equity strategies are available as well. The performance of Japan ETFs does not correlate to the performance of the underlying index when measured in U.S. dollars because the change in the exchange rate between the yen and the dollar must be taken into consideration.