Japanese ETFs Blossoming?

The cherry blossoms are ready to bloom in Japan and so are the Japanese exchange traded funds (ETFs).  According to Darrel Whitten of Yeald.com the TOPIX sector performance mirrors that of the FTSE Global sectors.  Looking at the big picture, Japan has out-performed the S&P since early 2003.  iShares MSCI Japan (EWJ) and iShares S&P/Topix 150 (ITF) are two ETFs that focus on Japan only.  EWJ and ITF are both up 3% for the year.  There is also the recently created CurrencyShares Japanese Yen (FXY) that allows one to invest in the Japanese currency.