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Invesco JPX-Nikkei 400 UCITS ETF USD Hdg Acc

Invesco · IE00BVGC6751

Invesco JPX-Nikkei 400 UCITS ETF USD Hdg Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker N4US (ISIN IE00BVGC6751). 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 well — and their falls when they don't, spread across its target market. It follows the JPX-Nikkei 400 Net Total Return USD Hedged Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include AMAZON.COM INC, OSCAR HEALTH INC - CLASS A and APPLE INC. It holds around 63 positions (the ten largest ≈ 42.1%), spreading risk so no single holding decides your outcome. Its biggest country exposures are ~93.7% United States, ~6.3% Switzerland and ~0% Sweden. By industry it concentrates most in ~21.1% Technology and ~19.1% Health Care. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.19% a year — about €19 a year on a €10,000 holding, taken automatically from the fund; counting the trading costs inside the fund, the all-in figure is around 0.39%. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors, trades in USD and is currency-hedged against exchange-rate swings. On the standard KID risk scale it is rated 4 out of 7 and its price has swung about 19.3% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2015, and its KID suggests a holding period of 5 years. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Invesco.)

· Tracks the JPX-Nikkei 400 Net Total Return USD Hedged Index index ?
Equity ?Accumulating ?Synthetic ?Ireland ?
Low yearly feeReinvests dividendsUses a swapJapanConcentrated in a few names
Fund size (AUM) ?
€181.4M
Risk level (SRI) ?
4 / 7 · Medium
1-year return ?
+50.1%
Total return · to 2026-07-07
Yearly fee (TER) ?
0.19%
All-in cost ≈ 0.39%

About this fund

The JPX-Nikkei 400 Net Total Return USD Hedged Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 63 companies across Japan in a single purchase.

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts. The fund uses a swap contract with a bank to mirror the index, instead of holding the shares directly.

Fund facts

Index tracked ?
JPX-Nikkei 400 Net Total Return USD Hedged Index
Replication ?
Synthetic
Uses a swap contract
Regulation ?
UCITS
Yes
Launched
Mar 2015
11-year track record

Performance

98.499.8101103104202420252025

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

Invesco JPX-Nikkei 400 UCITS ETF USD Hdg Acc Average JPX-Nikkei 400 Net Total Return USD Hedged Index ETF (funds we track) ?

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

YTD+21.8%
1 year+50.1%
3 years+28.8%
5 years+22.9%

Return, year by year

-1.1
+36.0
+23.8
+30.2
+21.8
'22'23'24'25'26
4 of 5 up yearsBest: 2023 +36.0%Worst: 2022 -1.1%Calendar-year total returns, in USD

How bumpy has it been?

19.3%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-21.4%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
1.47
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

What's inside

By sector ?

Technology21.1%
Health Care19.1%
Consumer Discretionary15.8%
Financials15.5%
Industrials11.0%
Communication Services6.4%
Consumer Staples6.1%
Energy3.2%
Other / not shown1.9%

By country ?

USUnited States93.7%
CHSwitzerland6.3%
SESweden0.0%

The 10 biggest holdings make up 42.2% of the fund.

Top 10 holdings

#CompanyWeight
1AMAZON.COM INC7.9%
2OSCAR HEALTH INC - CLASS A5.4%
3APPLE INC5.3%
4ABB LTD-REG3.8%
5FISERV INC3.7%
6CENTENE CORP3.7%
7NVIDIA CORP3.4%
8ALPHABET INC-CL C3.2%
9ROBINHOOD MARKETS INC - A3.0%
10TRAVERE THERAPEUTICS INC2.9%

Where to buy this fund

Where it trades

ExchangeTickerCurrency
LSEN4USUSD★ Primary
B2N4USUSD
B3N4USLUSD
B4N4USUSDUSD
E1N4USEURUSD
E1N4USGBXUSD
E1N4USUSDUSD
EBN4USLUSD
EON4USUSDUSD
EPN4USUSDUSD
EUN4USUSDUSD
EUN4USGBXUSD
EUN4USEURUSD
EZN4USUSDUSD
FrankfurtSC09EUR
GDSC09USD
GMSC09USD
IDN4USUSD
IXN4USLUSD
L1N4USLUSD
L3N4USLUSD
London Stock ExchangeN4USUSD
PON4USLUSD
QTSC09USD
QXN4USLUSD
T2N4USUSD
WTN4USUSD
X2N4USGBXUSD
X2N4USEURUSD
X9N4USUSDUSD
XAN4USEURUSD
XAN4USGBXUSD
XAN4USUSDUSD
XBN4USEURUSD
XBN4USGBXUSD
XEN4USUSDUSD
XEN4USGBXUSD
XEN4USEURUSD
XFN4USEURUSD
XFN4USGBXUSD
XFN4USUSDUSD
XGN4USEURUSD
XGN4USGBXUSD
XGN4USUSDUSD
XHN4USUSDUSD
XHN4USGBXUSD
XHN4USEURUSD
XJN4USEURUSD
XJN4USGBXUSD
XJN4USUSDUSD
XLN4USEURUSD
XLN4USGBXUSD
XLN4USUSDUSD
XON4USUSDUSD
XON4USGBXUSD
XON4USEURUSD
XQN4USGBXUSD
XSN4USEURUSD
XSN4USGBXUSD
XSN4USUSDUSD
XUN4USEURUSD
XUN4USGBXUSD
XUN4USUSDUSD
XVN4USUSDUSD
XVN4USGBXUSD
XVN4USEURUSD
XWN4USEURUSD
XWN4USGBXUSD
XWN4USUSDUSD
XXN4USEURUSD
XXN4USGBXUSD
XXN4USUSDUSD
XZN4USGBXUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

How it ranks vs peers

🪙 Cheaper than 55% of similar ETFs📈 Higher 1-yr return than 85%📈 Higher 3-yr return than 91%📈 Higher 5-yr return than 100%

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

Advanced risk

2.15
Sortino (3y) ?
1.35
Calmar (3y) ?
12.1%
Downside deviation ?
92%
Up months (hit rate) ?
$58.21
52-week high ?
$37.60
52-week low ?

Tilt vs a world tracker

United States+21.6
Health Care+9.7
Technology-8.0
Consumer Discretionary+6.8
Japan-5.9
Switzerland+4.0

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

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
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StocksAccumulatingCheaper fee
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Index trackedJPX-Nikkei 400 Net Total Return USD Hedged IndexMSCI JapanMSCI JapanMSCI JapanMSCI JapanMSCI JapanMSCI Japan
Yearly fee (TER)0.19%0.15%0.15%0.15%0.15%0.15%0.12%
All-in cost0.39%0.00%0.00%0.00%0.00%0.00%0.00%
Fund size€181.4M€1.5T€1.4T€1.3T€1.3T€1.1T€1.1T
DomicileIrelandLULULULULULU
ReplicationSynthetic (swap)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+28.8%+25.7%+23.3%+27.1%+26.3%+30.1%
5-yr return p.a.+22.9%+18.9%+17.7%+19.2%+19.6%+22.6%
# holdings63101010101010

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Data as of 2026-07-07 · Source: fh-api

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