Inside Global X’s four scientific beta ETFs

Global X Scientific Beta Japan ETF (SCIJ) in Focus

Japanese stocks are soaring near multi-year highs on intense monetary easing. The Central Bank increased its asset buying program to 80 trillion yen a year in October 2014 from the prior rate of 60–70 trillion yen to push a sputtering economy. So, tapping the Japan ETF in a scientific manner would be a great option.

The fund is made up of 473 components. However, no other stock makes up over 0.91% of the basket. Sector wise, Industrials dominates the fund with 20.2% allocation, while Financials (17.7%) and Consumer Discretionary (15.8%) occupy the next two spots. The fund charges 38 bps in fees.

Competition: There are plenty of ETFs on Japan – any of which could be a strong peer. Japan AlphaDEX Fund (FJP) and SPDR MSCI Japan Quality Mix ETF (QJPN) are to name a few.

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