iShares MSCI Japan ETF (EWJ) Seasonality

Recurring seasonal patterns for EWJ — the calendar windows where iShares MSCI Japan ETF has historically tended to rise or fall, with the win rate (how often it repeated) and average return for each, based on the last 10 years of price history.

Patterns found
475
Upcoming this year
85
Bullish windows
353
Best win rate
100%

EWJ seasonality at a glance

Over the last 10 years, EWJ's strongest seasonal window has been May 9 – Jun 8: it ended higher in 10 of 10 years (100% win rate) with an average return of +3.02% across a 30-day hold. On the weak side, EWJ has historically declined between Jun 7 – Jun 17, falling in 9 of 10 years (average -1.59%).

In total, our analysis finds 475 recurring seasonal windows for iShares MSCI Japan ETF353 bullish and 122 bearish. The next high-win-rate window, Aug 9 – Sep 8, opens in 13 days. These figures describe historical behaviour only — not a forecast.

EWJ's upcoming & recent seasonal patterns

Holding period:10-day20-day30-day

Ordered by season — windows opening soon first, plus a couple of recently completed high-performers. Holding-period colors help you compare durations at a glance.

StatusSeasonal windowHoldAvg returnWin rateThis year
Completedended 33d agoJun 4 – Jun 2420d-1.56%90%-1.08%
Completedended 45d agoMay 23 – Jun 1220d+1.77%80%+1.20%
Upcomingin 13dAug 9 – Sep 830d+1.54%80%
Upcomingin 14dAug 10 – Sep 930d+1.67%80%
Upcomingin 17dAug 13 – Sep 1230d+1.52%80%
Upcomingin 18dAug 14 – Sep 1330d+1.59%80%
Upcomingin 19dAug 15 – Sep 1430d+1.64%80%

Win rate = how often the pattern repeated in the same direction. Average return = the mean move across all analysed years. Past performance does not guarantee future results.

Explore EWJ seasonality in full

See the seasonal curve chart, filter by win rate and return, and track upcoming windows — free during beta.

EWJ seasonality FAQ

What has historically been the best month to buy EWJ stock?

Based on the last 10 years of price data, EWJ's strongest seasonal window starts in May: May 9 to Jun 8, which ended higher in 10 of 10 years (100% win rate) with an average return of +3.02%. Past seasonal patterns do not guarantee future performance.

What is EWJ's strongest seasonal pattern?

EWJ's highest-win-rate pattern in our data is the May 9 – Jun 8 window (30-day hold): up in 10 of the last 10 years with an average move of +3.02%.

When has EWJ historically performed worst?

EWJ's weakest recurring window has been Jun 7 to Jun 17, declining in 9 of 10 years with an average return of -1.59%.

How reliable are EWJ's seasonal patterns?

Each EWJ pattern is scored by its historical win rate — the share of the last 10 years it repeated in the same direction. EWJ currently shows 475 recurring windows (353 bullish, 122 bearish). Seasonality describes historical tendencies only; it is not a prediction, and past performance does not guarantee future results.

What is EWJ stock seasonality?

Stock seasonality is the tendency of a stock to perform in a similar way during the same period each year. By analysing iShares MSCI Japan ETF's price history across many years, SeasonalityX identifies recurring calendar windows — exact start and end dates — where EWJ has repeatedly risen (bullish) or fallen (bearish). Each pattern is scored by its win rate and average return so you can judge how reliable and how strong it has been.

Seasonality is one input among many — it works best alongside your own research and risk management. Learn more in our guide to seasonal analysis and the tutorials.

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