However, investors should not expect additional monetary stimulus to boost Japan ETFs in the near-term. During Friday’s Asian session, the Bank of Japan announced no alterations to its current, ultra-loose monetary policy. One BoJ member even suggested making the central bank’s goal of 2% inflation a medium- to long-term goal, but that proposal was soundly defeated by other BoJ members.

EWJ is the third-best U.S. ETF this in terms of asset-gathering proficiency, trailing only the WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) and the iShares Russell 2000 ETF (NYSEArca: IWM). EWJ has pulled in $5.45 billion in new assets this year.

iShares MSCI Japan ETF

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of DXJ and IWM.