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

The iShares Core MSCI Japan IMI UCITS ETF USD (Acc) (XETRA:EUNN) is a Germany-domiciled ETF designed to provide exposure to large-cap equities in Japan. It tracks the Morningstar Japan Total Market NR JPY Index, offering a diversified portfolio of securities across various sectors. The fund is structured as an exchange-traded fund and is listed on XETRA, making it accessible to European investors seeking Japan-focused equity exposure.

From a technical perspective, the ETF currently trades at 50.41 EUR, with a 20-day average volume of 26,851 shares. Its short-term trend, as indicated by the SMA 20 (49.15), suggests recent upward momentum, while the SMA 50 (51.57) and SMA 200 (51.43) reflect a slightly overbought condition in the medium term. The ATR of 1.14 indicates moderate volatility.

On the fundamental side, the ETF manages an AUM of 2.22 billion EUR, underscoring its liquidity and investor confidence. The fund replicates its index physically, holding a broad range of Japanese equities, with a focus on large-cap names that dominate the Japanese economy. Its expense ratio is competitive, aligning with the iShares Core series low-cost strategy.

Looking ahead, the next three months may see the ETFs price action influenced by Japans macroeconomic environment and corporate earnings. Based on the current SMA crossover (price above SMA 20 but below SMA 50 and SMA 200), the technical outlook leans neutral to bearish. However, the strong AUM and the funds tracking efficiency suggest resilience. Expect sideways trading with potential volatility, driven by broader market sentiment and currency fluctuations.