(SJPD) iShares Core MSCI Japan IMI - Ratings and Ratios

The iShares Core MSCI Japan IMI UCITS ETF USD (Dist) (AS:SJPD) is a Netherlands-domiciled exchange-traded fund designed to track the performance of the Morningstar Japan TME NR JPY Index. This index provides exposure to large-cap equities in Japan, representing key sectors such as technology, automotive, financials, and consumer goods. The fund is structured to offer diversification across various industries, making it a broad-market solution for investors seeking exposure to Japanese equities.

From a technical standpoint, the ETF is trading near its key moving averages, with a last price of 6.29. The SMA 20 (6.22), SMA 50 (6.12), and SMA 200 (6.16) indicate that the price is currently above the 20-day average but slightly below the 50 and 200-day averages. This suggests a neutral to slightly bearish trend in the short term. The ATR of 0.06 reflects low volatility, indicating stable price movements. The average volume of 21,062 shares over the past 20 days points to moderate liquidity, sufficient for most retail investors.

Fundamentally, the ETF has an AUM of $207.35 million, indicating a well-established fund with significant investor interest. The funds expense ratio is competitive, aligning with other core equity ETFs in its category. Its focus on large-cap equities provides exposure to established companies with stable earnings, making it a cornerstone for diversified portfolios seeking Japanese market exposure.

3-Month Forecast: Based on the current technical and fundamental data, the ETF is expected to remain range-bound between 6.00 and 6.40 over the next three months. The slightly bearish positioning relative to the 50 and 200-day moving averages, coupled with low volatility (ATR: 0.06), suggests limited upside potential. However, the funds strong fundamental backing and diversified exposure to Japanese large-caps may provide support during periods of market uncertainty.