The iShares MSCI Japan ETF (EWJ) offers diversified exposure to Japan's global industrial and consumer brands, ideal for long-term, set-and-forget portfolios. EWJ stands out versus peers due to its liquidity, balanced sector allocation, and proven long-term returns, despite a higher expense ratio. Market overreaction to Middle East energy risks has created a buying opportunity, with a 2026 price target of $103.93, implying 14.7% upside.