EWJV: Weak Yen Favours Market

DoctorEgg/Moment via Getty Images The iShares MSCI Japan Value ETF (NASDAQ:EWJV) is not too dissimilar from a straight value-weighted slice of the Japanese market, since so much of the Japanese market is value. We covered it in the past, focusing on the actually low risk of credit events in Japan, which was a topical angle around regional bank tremors in the US and the exposure in Japanese financial picks to US credit. Now we focus comparatively between EWJV which is basically the same as the more vanilla iShares MSCI Japan ETF (EWJ) except with the IT exposure instead re-distributed into…