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iShares MSCI Japan CTB Enhanced ESG UCITS ETF

iShares · IE0002SCQ8X0

iShares MSCI Japan CTB Enhanced ESG UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker CEB3 (ISIN IE0002SCQ8X0). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth…

· Tracks the MSCI Japan Climate Transition index ?
Equity ?Accumulating ?Physical ?Ireland ?
Low yearly feeReinvests dividendsOwns the shares directlyJapan
Fund size (AUM) ?
€2.4B
Risk level (SRI) ?
6 / 7 · High
1-year return ?
+42.0%
Total return · to 2026-07-24
Yearly fee (TER) ?
0.18%
All-in cost ≈ 0.18%

About this fund

What you own

The MSCI Japan Climate Transition index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 173 companies across Japan in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.18%Yearly fee (TER)
0.18%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
MSCI Japan Climate Transition
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
Aug 2024
Recommended holding period
medium to long term

Performance

98.599.9101103104202520252025

Growth of €100 invested — both lines start at €100.

iShares MSCI Japan CTB Enhanced ESG UCITS ETF Average MSCI Japan Climate Transition ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+19.0%
1 year+42.0%

How bumpy has it been?

21.1%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-16.1%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

+72.2%
Since inception
Total growth since launch — about +32.2% a year.
+62.9%
Best 12 months
The strongest one-year stretch on record.
+13.2%
Worst 12 months
The weakest one-year stretch on record.
-16.1%
Worst fall on record ?
It clawed back in about 3 months.

What's inside

By sector ?

Technology22.4%
Industrials21.9%
Financials21.8%
Consumer Discretionary9.8%
Health Care9.2%
Communication Services5.8%
Real Estate5.3%
Materials1.4%

The 10 biggest holdings make up 33.3% of the fund — the rest is spread across roughly 161 more companies.

Top 10 holdings

#CompanyWeight
1MITSUBISHI UFJ FINANCIAL GROUP INC4.8%
2KEYENCE CORP3.8%
3MURATA MANUFACTURING LTD3.5%
4ADVANTEST CORP3.5%
5SONY GROUP CORP3.3%
6SUMITOMO MITSUI FINANCIAL GROUP IN3.3%
7MIZUHO FINANCIAL GROUP INC3.1%
8SOFTBANK GROUP CORP2.8%
9FAST RETAILING LTD2.8%
10FANUC CORP2.5%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
FrankfurtCEB3EUR★ Primary
EUR listings
E1CEB3EUREUR
EOCEB3EUREUR
EPCEB3EUREUR
EUCEB3EUREUR
EZCEB3EUREUR
GDCEB3EUR
GFCEB3EUR
GMCEB3EUR
GSCEB3EUR
GTCEB3EUR
GZCEB3EUR
LACEB3EUR
London Stock ExchangeCEB3EUR
LUCEB3EUR
QTCEB3EUR
S1CEB3DEUR
S4CEB3DEUR
THCEB3EUR
X1CEB3EUREUR
X2CEB3EUREUR
X9CEB3EUREUR
XACEB3EUREUR
XFCEB3EUREUR
XGCEB3EUREUR
XHCEB3EUREUR
XJCEB3EUREUR
XLCEB3EUREUR
XOCEB3EUREUR
XQCEB3EUREUR
XTCEB3EUREUR
XUCEB3EUREUR
XVCEB3EUREUR
XWCEB3EUREUR
XXCEB3EUREUR
XYCEB3EUREUR
XZCEB3EUREUR
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-24 · the fund's own published holdings.

#CompanyWeight
1MITSUBISHI UFJ FINANCIAL GROUP INC4.8%
2KEYENCE CORP3.8%
3MURATA MANUFACTURING LTD3.5%
4ADVANTEST CORP3.5%
5SONY GROUP CORP3.3%
6SUMITOMO MITSUI FINANCIAL GROUP IN3.3%
7MIZUHO FINANCIAL GROUP INC3.1%
8SOFTBANK GROUP CORP2.8%
9FAST RETAILING LTD2.8%
10FANUC CORP2.5%
11TOKIO MARINE HOLDINGS INC2.4%
12DISCO CORP2.4%
13MITSUI LTD2.4%
14RECRUIT HOLDINGS LTD2.2%
15CHUGAI PHARMACEUTICAL LTD2.2%
16TOKYO ELECTRON LTD2.2%
17HOYA CORP2.1%
18SMC (JAPAN) CORP2.1%
19TAKEDA PHARMACEUTICAL LTD2.0%
20SUMITOMO CORP2.0%
21MITSUBISHI ESTATE CO LTD2.0%
22FUJIKURA LTD1.7%
23RENESAS ELECTRONICS CORP1.7%
24CENTRAL JAPAN RAILWAY1.6%
25JAPAN POST BANK LTD1.5%
26LASERTEC CORP1.4%
27SUMITOMO REALTY & DEVELOPMENT LTD1.4%
28EAST JAPAN RAILWAY1.4%
29SHIONOGI LTD1.3%
30ITOCHU CORP1.3%
31NOMURA HOLDINGS INC1.3%
32DAIFUKU LTD1.2%
33JPY CASH1.1%
34DAIWA SECURITIES GROUP INC1.0%
35SOMPO HOLDINGS INC0.9%
36IBIDEN LTD0.8%
37MITSUI FUDOSAN LTD0.8%
38NINTENDO LTD0.8%
39ASTELLAS PHARMA INC0.8%
40SHIN ETSU CHEMICAL LTD0.8%
41TDK CORP0.8%
42KDDI CORP0.7%
43JAPAN EXCHANGE GROUP INC0.7%
44TOYOTA MOTOR CORP0.7%
45SOFTBANK CORP0.7%
46MAKITA CORP0.6%
47NIPPON BUILDING FUND REIT INC0.6%
48MS&AD INSURANCE GROUP HOLDINGS INC0.6%
49DAIICHI LIFE GROUP INC0.6%
50ASICS CORP0.6%
51TAISEI CORP0.5%
52NEC CORP0.5%
53RAKUTEN GROUP INC0.5%
54HULIC LTD0.5%
55ORIX CORP0.4%
56BANDAI NAMCO HOLDINGS INC0.4%
57NOMURA RESEARCH INSTITUTE LTD0.4%
58SANRIO LTD0.4%
59JAPAN POST HOLDINGS LTD0.4%
60RESONA HOLDINGS INC0.4%
61FUJITSU LTD0.4%
62SBI HOLDINGS INC0.3%
63DAIICHI SANKYO LTD0.3%
64PANASONIC HOLDINGS CORP0.3%
65RYOHIN KEIKAKU LTD0.3%
66HITACHI LTD0.3%
67HANKYU HANSHIN HOLDINGS INC0.3%
68KONAMI GROUP CORP0.3%
69KIKKOMAN CORP0.3%
70YOKOHAMA FINANCIAL GROUP INC0.2%
71KAJIMA CORP0.2%
72CAPCOM LTD0.2%
73OTSUKA HOLDINGS LTD0.2%
74KOMATSU LTD0.2%
75AEON LTD0.2%
76AJINOMOTO INC0.2%
77SCREEN HOLDINGS LTD0.2%
78KYOCERA CORP0.2%
79KYOWA KIRIN LTD0.1%
80NTT INC0.1%
81FUJIFILM HOLDINGS CORP0.1%
82CANON INC0.1%
83CHIBA BANK LTD0.1%
84EBARA CORP0.1%
85TERUMO CORP0.1%
86KAO CORP0.1%
87KIOXIA HOLDINGS CORP0.1%
88SEIBU HOLDINGS INC0.1%
89KUBOTA CORP0.1%
90SECOM LTD0.1%
91OBAYASHI CORP0.1%
92DAIWA HOUSE INDUSTRY LTD0.1%
93TOPPAN HOLDINGS INC0.1%
94YOKOGAWA ELECTRIC CORP0.1%
95T&D HOLDINGS INC0.1%
96KIRIN HOLDINGS LTD0.1%
97DAI NIPPON PRINTING LTD0.1%
98NIDEC CORP0.1%
99ASAHI GROUP HOLDINGS LTD0.1%
100JAPAN POST INSURANCE LTD0.1%
101NITTO DENKO CORP0.1%
102SEKISUI HOUSE LTD0.1%
103HONDA MOTOR LTD0.1%
104SUZUKI MOTOR CORP0.1%
105IHI CORP0.1%
106DAIKIN INDUSTRIES LTD0.1%
107MITSUBISHI CHEMICAL GROUP CORP0.1%
108SUMITOMO MITSUI TRUST GROUP INC0.1%
109NIPPON SANSO HOLDINGS CORP0.1%
110ORIENTAL LAND LTD0.1%
111MINEBEA MITSUMI INC0.1%
112ANA HOLDINGS INC0.1%
113OLYMPUS CORP0.1%
114ASAHI KASEI CORP0.1%
115MITSUBISHI HC CAPITAL INC0.1%
116SHIMANO INC0.1%
117SUBARU CORP0.1%
118ZENSHO HOLDINGS LTD0.1%
119TORAY INDUSTRIES INC0.1%
120DENSO CORP0.1%
121KAWASAKI KISEN LTD0.1%
122SHISEIDO LTD0.1%
123LY CORP0.1%
124AGC INC0.1%
125RESONAC HOLDINGS0.1%
126ISUZU MOTORS LTD0.1%
127KAWASAKI HEAVY INDUSTRIES LTD0.1%
128PAN PACIFIC INTERNATIONAL HOLDINGS0.1%
129TOHO (TOKYO) LTD0.1%
130JX ADVANCED METALS CORP0.1%
131WEST JAPAN RAILWAY0.1%
132SUNTORY BEVERAGE & FOOD LTD0.1%
133NIPPON STEEL CORP0.1%
134YAMAHA MOTOR LTD0.1%
135NIPPON YUSEN0.1%
136OTSUKA CORP0.1%
137FUJI ELECTRIC LTD0.1%
138NEXON LTD0.1%
139UNICHARM CORP0.1%
140NITORI HOLDINGS LTD0.1%
141JFE HOLDINGS INC0.1%
142NIPPON PAINT HOLDINGS LTD0.1%
143MITSUBISHI HEAVY INDUSTRIES LTD0.1%
144SUMITOMO ELECTRIC INDUSTRIES LTD0.1%
145MITSUBISHI ELECTRIC CORP0.1%
146AISIN CORP0.1%
147SHIMIZU CORP0.1%
148HIKARI TSUSHIN INC0.1%
149EISAI LTD0.1%
150OBIC LTD0.1%
151OSAKA GAS LTD0.1%
152ENEOS HOLDINGS INC0.1%
153DAITO TRUST CONSTRUCTION LTD0.1%
154MARUBENI CORP0.1%
155TOKYO GAS LTD0.1%
156IDEMITSU KOSAN LTD0.1%
157TOYOTA TSUSHO CORP0.1%
158NISSAN MOTOR LTD0.1%
159INPEX CORP0.1%
160SUMITOMO METAL MINING LTD0.1%
161MITSUI OSK LINES LTD0.0%
162MITSUBISHI CORP0.0%
163MITSUI KINZOKU LIMITED LTD0.0%
164FURUKAWA ELECTRIC LTD0.0%
165CASH COLLATERAL JPY HSBFT0.0%
167GBP CASH0.0%
168EUR CASH0.0%
170ETD USD BALANCE WITH 5974330.0%
171JPY/USD0.0%
172TOPIX INDEX SEP 260.0%
173USD CASH-0.8%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 42% of similar ETFs💰 All-in cost cheaper than 48%📈 Higher 1-yr return than 89%📊 Beat its category by 11.3% (1-yr) (category average +30.8%)

Versus the Equity (stocks) · Japan · EUR ETFs we track.

Advanced risk

13.3%
Downside deviation ?
83%
Up months (hit rate) ?
€8.80
52-week high ?
€5.79
52-week low ?

Concentration depth

~50 ?
Effective number of holdings

Roughly 173 companies are held, but the largest names carry most of the weight — so it behaves like ~50 equal-sized positions.

Tilt vs a world tracker

Japan+94.1
United States-72.1
Industrials+10.3
Technology-6.8
Financials+5.6
Consumer Staples-4.1

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Estimated fund flows

−€22.9M
Estimated net flow, last month

Estimated from fund-size changes.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Japan stocks
Compare side by side
6 similar funds
iShares MSCI Japan CTB Enhanced ESG UCITS ETFiSharesYou're viewingUBS Core MSCI Japan UCITS ETF hGBP disUBSBroader matchUBS Core MSCI Japan UCITS ETF hCHF accUBSBroader matchUBS Core MSCI Japan UCITS ETF hEUR disUBSBroader matchUBS Core MSCI Japan UCITS ETF hEUR accUBSBroader matchUBS Core MSCI Japan UCITS ETF USD accUBSBroader matchUBS Core MSCI Japan UCITS ETF hUSD accUBSBroader match
Why it's similarThis is the fund on this page.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedMSCI Japan Climate TransitionMSCI JapanMSCI JapanMSCI JapanMSCI JapanMSCI JapanMSCI Japan
Yearly fee (TER)0.18%0.15%0.15%0.15%0.15%0.12%0.15%
All-in cost0.18%0.00%0.00%0.00%0.00%0.00%0.00%
Fund size€2.4B€1.5T€1.4T€1.3T€1.3T€1.1T€1.1T
DomicileIrelandLULULULULULU
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+26.9%+23.9%+26.8%+27.0%+29.6%
5-yr return p.a.+20.4%+18.7%+19.6%+20.7%+23.1%
# holdings173101010101010

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Data as of 2026-07-24 · Source: issuer data, compiled by Finance Hamster

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