---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38723031.md"
description: "Recently, I've been a bit conflicted watching EWJ and VNM. The Japanese stock market hits new highs every day, and a bunch of people are hyping up EWJ. Guys like me who thought it was too expensive last year and didn't buy in are now starting to regret it, feeling like even a 0.6% pullback is too small a buying opportunity. On the other hand, VNM surged before the Vietnamese holiday, but recently there's been capital outflow, sentiment is a bit messy, yet the valuation is genuinely cheap, and foreign investors are even saying there might be a play after the new year. Honestly, I want to touch both, but I'm afraid one hand will buy at a high, and the other will just keep suffering. It's giving me a headache."
datetime: "2026-02-13T11:13:16.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38723031.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38723031.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38723031.md)
author: "[神雕杨大侠](https://longbridge.com/en/profiles/11768134.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38723031.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38723031.md)


# Recently, I've been a bit conflicted watching EWJ …


### Related Stocks

- [VanEck Vietnam ETF (VNM.US)](https://longbridge.com/en/quote/VNM.US.md)
- [iShares MSCI Japan ETF (EWJ.US)](https://longbridge.com/en/quote/EWJ.US.md)

## Comments (1)

- **千夜弦 · 2026-02-13T15:10:47.000Z**: The constituent stocks of EWJ are all core assets of Japan, but VNM is different. Vietnam's truly profitable core assets are not open to foreign investment.