Pacific Ex-Japan ETF Approaches All-Time High

iShares MSCI Pacific ex Japan ETF US4642866655

The iShares MSCI Pacific ex Japan ETF is trading within striking distance of its 52-week peak. As of Friday, the fund’s price stood at $55.79, just shy of its yearly high of $56.23. This performance raises questions about the drivers behind the strength in the developed Pacific markets it tracks.

A constructive environment has taken hold in the Asia-Pacific region at the start of 2026. Australia’s benchmark S&P/ASX 200 index, for instance, recently advanced 0.88% to 9,086.2 points. While markets like South Korea are also hitting records, this ETF maintains a strict focus on developed Pacific nations, explicitly excluding Japan and South Korea.