EWJV is iShares multi-factor-selected take on the large- and mid-cap market of Japanese stocks. In the application of its value investment style, the fund uses three variables: book value-to-price, 12-month forward earnings-to-price and dividend yield. Its underlying index is market cap-weighted and rebalanced quarterly. The fund allows for up to 10% of its assets to be invested in certain futures, options, and swaps contracts towards the purpose of what the fund manager believes will help the fund better track its index.