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iShares MSCI Japan UCITS ETF USD (Dist)

iShares · IE00B02KXH56

iShares MSCI Japan UCITS ETF USD (Dist) is an exchange-traded fund (ETF) from iShares, traded under the ticker IJPN (ISIN IE00B02KXH56). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do…

· Tracks the MSCI Japan index ?
Equity ?Distributing ?Physical ?Ireland ?
Low yearly feePays cash dividendsOwns the shares directlyJapan
Find funds like this
iShares fundsDomiciled in IrelandDistributingPhysically replicatedJapan stocksYearly fee under 0.25%

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Fund size (AUM) ?
€4B
Risk level (SRI) ?
6 / 7 · High
1-year return ?
+31.9%
Total return · to 2026-07-27
Dividend yield
2.38%
Trailing 12 months
Yearly fee (TER) ?
0.12%
All-in cost ≈ 0.12%

About this fund

What you own

The MSCI Japan index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 175 companies across Japan in a single purchase.

Dividends

The fund pays dividends out to you as cash, usually a few times a year.

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You get the dividends as cash you can spend or move elsewhere, which some people like for a sense of income. If you would rather it compounded, you buy more units yourself — it will not reinvest on its own the way an accumulating version does. The same fund is often sold in both versions; what it holds underneath is identical.

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

0.12%Yearly fee (TER)
0.12%All-in cost

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

Read more

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
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
Oct 2004
22-year track record
Recommended holding period
medium to long term

Performance

95.598.1101103106202420242024

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

iShares MSCI Japan UCITS ETF USD (Dist) Average MSCI Japan ETF (funds we track) ?

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

YTD+13.6%
1 year+31.9%
3 years+17.1%
5 years+9.3%

Return, year by year

-17.2
+20.6
+7.8
+28.1
'22'23'24'25
3 of 4 up yearsBest: 2025 +28.1%Worst: 2022 -17.2%Calendar-year total returns, in USD

How bumpy has it been?

23.8%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-14.1%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.96
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+54.4%
Since inception
Total growth since launch — about +8.9% a year.
+52.1%
Best 12 months
The strongest one-year stretch on record.
-30.2%
Worst 12 months
The weakest one-year stretch on record.
-33.2%
Worst fall on record ?
It clawed back in about 17 months.

Dividend history

This fund pays its dividends out to you (Quarterly). Recent payments per share:

Ex-dateAmount / share
2026-07-16$0.2
2026-01-15$0.18
2025-07-17$0.19
2025-01-17$0.1642
2025-01-16$0.17
2024-07-19$0.1627
2024-07-18$0.16
2024-01-11$0.11

What's inside

By sector ?

Industrials23.2%
Technology20.9%
Financials18.2%
Consumer Discretionary14.4%
Communication Services6.5%
Health Care5.3%
Materials4.1%
Consumer Staples3.6%

The 10 biggest holdings make up 29.7% of the fund — the rest is spread across roughly 165 more companies.

Top 10 holdings

#CompanyWeight
1MITSUBISHI UFJ FINANCIAL GROUP INC4.3%
2TOKYO ELECTRON LTD3.8%
3TOYOTA MOTOR CORP3.3%
4KIOXIA HOLDINGS CORP3.0%
5SUMITOMO MITSUI FINANCIAL GROUP IN2.9%
6SOFTBANK GROUP CORP2.6%
7ADVANTEST CORP2.6%
8HITACHI LTD2.5%
9SONY GROUP CORP2.4%
10MIZUHO FINANCIAL GROUP INC2.3%

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
LSEIJPNUSD★ Primary
CHF listings
SIXIQQJCHF
SIXIJPNCHF
EUR listings
Borsa ItalianaIJPNEUR
Euronext AmsterdamIJPNEUR
FrankfurtIQQJEUR
USD listings
B2IJPNUSD
B2IJPNEURUSD
B2IJPNJPYUSD
B2IJPNUSDUSD
B3IQQJDUSD
B3IJPULUSD
B3IJPNZUSD
B3IJPNMUSD
B3IJPNLUSD
B3IJPNAUSD
B4IJPNUSDUSD
B4IJPNJPYUSD
B4IJPNGBXUSD
B4IJPNEURUSD
BQIJPNMUSD
BQIQQJDUSD
BWIQQJUSD
E1IJPNUSDUSD
E1IJPNJPYUSD
E1IJPNEURUSD
E1IJPNAUDUSD
E1IJPNUSD
EBIQQJDUSD
EBIJPULUSD
EBIJPNZUSD
EBIJPNMUSD
EBIJPNLUSD
EBIJPNAUSD
EOIJPNUSD
EOIJPNAUDUSD
EPIJPNUSDUSD
EPIJPNJPYUSD
EPIJPNGBXUSD
EPIJPNEURUSD
EUIJPNEURUSD
EUIJPNGBXUSD
EUIJPNJPYUSD
EZIJPNUSDUSD
EZIJPNJPYUSD
EZIJPNGBXUSD
EZIJPNEURUSD
GDIQQJUSD
GFIQQJUSD
GHIQQJUSD
GMIQQJUSD
GSIQQJUSD
GTIQQJUSD
GZIQQJUSD
I2IQQJDUSD
I2IJPNMUSD
I2IJPNAUSD
IXIQQJDUSD
IXIJPULUSD
IXIJPNZUSD
IXIJPNMUSD
IXIJPNLUSD
IXIJPNAUSD
L1IQQJDUSD
L1IJPULUSD
L1IJPNZUSD
L1IJPNMUSD
L1IJPNAUSD
L3IJPNAUSD
L3IJPNLUSD
L3IJPNMUSD
L3IJPNZUSD
L3IJPULUSD
L3IQQJDUSD
LAIQQJUSD
London Stock ExchangeIJPNUSD
LSEIJPUUSD
LUIQQJUSD
POIQQJDUSD
POIJPULUSD
POIJPNZUSD
POIJPNMUSD
POIJPNLUSD
POIJPNAUSD
QEIJPNAUSD
QEIJPNMUSD
QEIQQJDUSD
QTIQQJUSD
QXIQQJDUSD
QXIJPULUSD
QXIJPNMUSD
QXIJPNLUSD
QXIJPNAUSD
S1IQQJDUSD
S1IJPULUSD
S1IJPNMUSD
S1IJPNLUSD
S1IJPNAUSD
S4IJPNAUSD
S4IJPNMUSD
S4IQQJDUSD
SEIJPNUSD
T1IJPNMUSD
T2IJPUUSD
T2IJPNJPYUSD
T2IJPNGBPUSD
T2IJPNEURUSD
THIQQJUSD
TQIJPNLUSD
TQIJPNMUSD
TQIJPULUSD
USIHRMFUSD
UVIHRMFUSD
WTIJPNEURUSD
WTIJPNGBPUSD
WTIJPNJPYUSD
WTIJPUUSD
X2IJPNUSDUSD
X2IJPNJPYUSD
X2IJPNEURUSD
X9IJPNUSDUSD
X9IJPNJPYUSD
X9IJPNGBXUSD
X9IJPNEURUSD
XAIJPNUSD
XAIJPNJPYUSD
XCIJPNUSD
XEIJPNJPYUSD
XEIJPNUSD
XFIJPNUSD
XFIJPNJPYUSD
XGIJPNJPYUSD
XGIJPNUSD
XHIJPNUSD
XHIJPNJPYUSD
XJIJPNUSD
XJIJPNJPYUSD
XLIJPNUSDUSD
XLIJPNJPYUSD
XLIJPNUSD
XOIJPNUSD
XOIJPNJPYUSD
XSIJPNJPYUSD
XSIJPNEURUSD
XSIJPNUSD
XTIJPNUSDUSD
XUIJPNJPYUSD
XVIJPNUSDUSD
XVIJPNJPYUSD
XVIJPNEURUSD
XVIJPNAUDUSD
XVIJPNUSD
XWIJPNUSDUSD
XWIJPNJPYUSD
XWIJPNEURUSD
XWIJPNAUDUSD
XWIJPNUSD
XXIJPNUSD
XXIJPNAUDUSD
XXIJPNEURUSD
XXIJPNJPYUSD
XXIJPNUSDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-27 · the fund's own published holdings.

#CompanyWeight
1MITSUBISHI UFJ FINANCIAL GROUP INC4.3%
2TOKYO ELECTRON LTD3.8%
3TOYOTA MOTOR CORP3.3%
4KIOXIA HOLDINGS CORP3.0%
5SUMITOMO MITSUI FINANCIAL GROUP IN2.9%
6SOFTBANK GROUP CORP2.6%
7ADVANTEST CORP2.6%
8HITACHI LTD2.5%
9SONY GROUP CORP2.4%
10MIZUHO FINANCIAL GROUP INC2.3%
11MURATA MANUFACTURING LTD2.0%
12FAST RETAILING LTD2.0%
13RECRUIT HOLDINGS LTD1.9%
14KEYENCE CORP1.8%
15TOKIO MARINE HOLDINGS INC1.7%
16MITSUBISHI CORP1.6%
17MITSUBISHI HEAVY INDUSTRIES LTD1.6%
18SHIN ETSU CHEMICAL LTD1.4%
19MITSUBISHI ELECTRIC CORP1.4%
20MITSUI LTD1.3%
21PANASONIC HOLDINGS CORP1.3%
22ITOCHU CORP1.2%
23TAKEDA PHARMACEUTICAL LTD1.0%
24HOYA CORP1.0%
25RENESAS ELECTRONICS CORP1.0%
26FUJIKURA LTD1.0%
27KDDI CORP1.0%
28NINTENDO LTD0.9%
29SUMITOMO ELECTRIC INDUSTRIES LTD0.9%
30MARUBENI CORP0.8%
31ORIX CORP0.8%
32FANUC CORP0.8%
33DAIKIN INDUSTRIES LTD0.8%
34JAPAN TOBACCO INC0.8%
35DISCO CORP0.8%
36TDK CORP0.8%
37SUMITOMO CORP0.8%
38DAIICHI LIFE GROUP INC0.8%
39SOFTBANK CORP0.7%
40JAPAN POST BANK LTD0.7%
41HONDA MOTOR LTD0.7%
42KOMATSU LTD0.7%
43FUJITSU LTD0.7%
44SOMPO HOLDINGS INC0.7%
45MS&AD INSURANCE GROUP HOLDINGS INC0.6%
46NEC CORP0.6%
47AJINOMOTO INC0.6%
48CHUGAI PHARMACEUTICAL LTD0.6%
49IBIDEN LTD0.6%
50OTSUKA HOLDINGS LTD0.6%
51RESONA HOLDINGS INC0.6%
52DAIICHI SANKYO LTD0.6%
53KYOCERA CORP0.5%
54MITSUBISHI ESTATE CO LTD0.5%
55NTT INC0.5%
56NOMURA HOLDINGS INC0.5%
57SMC (JAPAN) CORP0.5%
58SUMITOMO MITSUI TRUST GROUP INC0.5%
59FUJIFILM HOLDINGS CORP0.5%
60TOYOTA TSUSHO CORP0.5%
61SEVEN & I HOLDINGS LTD0.5%
62JAPAN POST HOLDINGS LTD0.5%
63MITSUI FUDOSAN LTD0.5%
64BRIDGESTONE CORP0.5%
65ASTELLAS PHARMA INC0.5%
66LASERTEC CORP0.4%
67CANON INC0.4%
68SUZUKI MOTOR CORP0.4%
69EAST JAPAN RAILWAY0.4%
70ASICS CORP0.4%
71ENEOS HOLDINGS INC0.4%
72AEON LTD0.4%
73DENSO CORP0.4%
74TERUMO CORP0.4%
75KAO CORP0.4%
76IHI CORP0.4%
77RESONAC HOLDINGS0.4%
78INPEX CORP0.3%
79EBARA CORP0.3%
80ORIENTAL LAND LTD0.3%
81NIPPON STEEL CORP0.3%
82SCREEN HOLDINGS LTD0.3%
83CENTRAL JAPAN RAILWAY0.3%
84KUBOTA CORP0.3%
85JPY CASH0.3%
86SECOM LTD0.3%
87DAIWA HOUSE INDUSTRY LTD0.3%
88FURUKAWA ELECTRIC LTD0.3%
89KAJIMA CORP0.3%
90ASAHI KASEI CORP0.3%
91SUMITOMO REALTY & DEVELOPMENT LTD0.3%
92DAIFUKU LTD0.3%
93T&D HOLDINGS INC0.3%
94NIDEC CORP0.3%
95ASAHI GROUP HOLDINGS LTD0.3%
96KAWASAKI HEAVY INDUSTRIES LTD0.3%
97JX ADVANCED METALS CORP0.3%
98NITTO DENKO CORP0.3%
99SHIONOGI LTD0.3%
100KIRIN HOLDINGS LTD0.3%
101DAIWA SECURITIES GROUP INC0.3%
102CHUBU ELECTRIC POWER INC0.3%
103KANSAI ELECTRIC POWER INC0.3%
104TAISEI CORP0.3%
105JAPAN EXCHANGE GROUP INC0.3%
106OBAYASHI CORP0.3%
107SEKISUI HOUSE LTD0.3%
108MITSUI KINZOKU LIMITED LTD0.3%
109NIPPON YUSEN0.2%
110BANDAI NAMCO HOLDINGS INC0.2%
111SUMITOMO METAL MINING LTD0.2%
112OLYMPUS CORP0.2%
113NOMURA RESEARCH INSTITUTE LTD0.2%
114YOKOHAMA FINANCIAL GROUP INC0.2%
115RYOHIN KEIKAKU LTD0.2%
116KONAMI GROUP CORP0.2%
117OSAKA GAS LTD0.2%
118FUJI ELECTRIC LTD0.2%
119MITSUI OSK LINES LTD0.2%
120TOKYO GAS LTD0.2%
121PAN PACIFIC INTERNATIONAL HOLDINGS0.2%
122CHIBA BANK LTD0.2%
123TORAY INDUSTRIES INC0.2%
124MINEBEA MITSUMI INC0.2%
125SBI HOLDINGS INC0.2%
126MITSUBISHI CHEMICAL GROUP CORP0.2%
127SUBARU CORP0.2%
128SHIMIZU CORP0.2%
129OBIC LTD0.2%
130MAKITA CORP0.2%
131SHIMANO INC0.2%
132AGC INC0.2%
133YOKOGAWA ELECTRIC CORP0.2%
134ISUZU MOTORS LTD0.2%
135MITSUBISHI HC CAPITAL INC0.1%
136LY CORP0.1%
137TOPPAN HOLDINGS INC0.1%
138WEST JAPAN RAILWAY0.1%
139YAMAHA MOTOR LTD0.1%
140RAKUTEN GROUP INC0.1%
141DAI NIPPON PRINTING LTD0.1%
142KIKKOMAN CORP0.1%
143SANRIO LTD0.1%
144SHISEIDO LTD0.1%
145UNICHARM CORP0.1%
146EISAI LTD0.1%
147AISIN CORP0.1%
148NIPPON SANSO HOLDINGS CORP0.1%
149NIPPON BUILDING FUND REIT INC0.1%
150HANKYU HANSHIN HOLDINGS INC0.1%
151NIPPON PAINT HOLDINGS LTD0.1%
152IDEMITSU KOSAN LTD0.1%
153NITORI HOLDINGS LTD0.1%
154JFE HOLDINGS INC0.1%
155KAWASAKI KISEN LTD0.1%
156JAPAN POST INSURANCE LTD0.1%
157DAITO TRUST CONSTRUCTION LTD0.1%
158CAPCOM LTD0.1%
159ZENSHO HOLDINGS LTD0.1%
160HULIC LTD0.1%
161SEIBU HOLDINGS INC0.1%
162NISSAN MOTOR LTD0.1%
163HIKARI TSUSHIN INC0.1%
164TOHO (TOKYO) LTD0.1%
165NEXON LTD0.1%
166OTSUKA CORP0.1%
167KYOWA KIRIN LTD0.1%
168SUNTORY BEVERAGE & FOOD LTD0.1%
169ANA HOLDINGS INC0.1%
170CASH COLLATERAL JPY BZFUT0.0%
171USD CASH0.0%
172GBP CASH0.0%
173EUR CASH0.0%
174ETD EUR BALANCE WITH 06738C0.0%
175TOPIX INDEX SEP 260.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 82% of similar ETFs💰 All-in cost cheaper than 75%📈 Higher 1-yr return than 54%📈 Higher 3-yr return than 25%📈 Higher 5-yr return than 30%📊 Beat its category by 1.4% (1-yr) (category average +30.6%)📊 Behind its category by 5.2% (3-yr) (category average +22.3%)📊 Behind its category by 5.8% (5-yr) (category average +15.1%)

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

Advanced risk

1.51
Sortino (3y) ?
1.22
Calmar (3y) ?
14.0%
Downside deviation ?
75%
Up months (hit rate) ?
$25.46
52-week high ?
$18.43
52-week low ?

Concentration depth

~67 ?
Effective number of holdings

Roughly 175 companies are held, but the largest names carry most of the weight — so it behaves like ~67 equal-sized positions.

Tilt vs a world tracker

Japan+94.1
United States-72.1
Industrials+11.6
Technology-8.2
Consumer Discretionary+5.4
Health Care-4.1

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

Estimated fund flows

+€118.8M
Estimated net flow, last month

Estimated from fund-size changes.

Documents

📄 KID (PDF)

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 UCITS ETF USD (Dist)iSharesYou're viewingUBS Core MSCI Japan UCITS ETF hGBP disUBSSame indexUBS Core MSCI Japan UCITS ETF hCHF accUBSSame indexUBS Core MSCI Japan UCITS ETF hEUR disUBSSame indexUBS Core MSCI Japan UCITS ETF hEUR accUBSSame indexUBS Core MSCI Japan UCITS ETF USD accUBSSame indexUBS Core MSCI Japan UCITS ETF hUSD accUBSSame index
Why it's similarThis is the fund on this page.
Same indexDistributingPhysical
Same indexPhysical
Same indexDistributingPhysical
Same indexPhysical
Same indexPhysical
Same indexPhysical
Index trackedMSCI JapanMSCI JapanMSCI JapanMSCI JapanMSCI JapanMSCI JapanMSCI Japan
Yearly fee (TER)0.12%0.15%0.15%0.15%0.15%0.12%0.15%
All-in cost0.12%0.00%0.00%0.00%0.00%0.00%0.00%
Fund size€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.+17.1%+26.9%+23.9%+26.8%+27.0%+29.6%
5-yr return p.a.+9.3%+20.4%+18.7%+19.6%+20.7%+23.1%
# holdings175101010101010

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Data as of 2026-07-27 · Source: issuer data, compiled by Finance Hamster

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