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Xtrackers MSCI Japan UCITS ETF 2D USD Hedged

Xtrackers · LU0927735406

Xtrackers MSCI Japan UCITS ETF 2D USD Hedged is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XMUJ (ISIN LU0927735406). 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…

· Tracks the MSCI Total Return Net Japan Index index ?

Equity ?Distributing ?Physical ?LU ?

Mid-range feePays cash dividendsOwns the shares directlyJapan

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Xtrackers funds Domiciled in LU Distributing Physically replicated Japan stocks Yearly fee under 0.5%

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Fund size (AUM) ?

€0

Risk level (SRI) ?

6 / 7 · High

1-year return ?

+19.4%

Price Return · to 2026-11-05

Yearly fee (TER) ?

0.40%

All-in cost ≈ 0.42%

About this fund

What you own

The MSCI Total Return Net Japan Index 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 pays dividends out to you as cash, usually a few times a year.

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).

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

0.40%Yearly fee (TER)

0.42%All-in cost

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

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 Total Return Net Japan Index

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

2013

13-year track record

Performance

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

Xtrackers MSCI Japan UCITS ETF 2D USD Hedged Average MSCI Total Return Net Japan Index ETF (funds we track) ?

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

YTD+15.2%

1 year+19.4%

3 years+23.0%

5 years+18.7%

Return, year by year

-3.9

+36.2

+23.2

+29.6

'22'23'24'25

3 of 4 up yearsBest: 2023 +36.2%Worst: 2022 -3.9%Calendar-year total returns, in USD

How bumpy has it been?

20.3%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-22.4%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

1.12

Return for the risk (3y) ?

Reward earned per unit of bumpiness.

The bigger picture

+138.7%

Since inception

Total growth since launch — about +18.8% a year.

+68.0%

Best 12 months

The strongest one-year stretch on record.

-11.2%

Worst 12 months

The weakest one-year stretch on record.

-22.4%

Worst fall on record ?

It clawed back in about 11 months.

What's inside

By sector ?

Industrials23.1%

Technology21.5%

Financials17.6%

Consumer Discretionary14.4%

Communication Services6.4%

Health Care5.3%

Materials4.1%

Consumer Staples3.6%

Other / not shown4.1%

The 10 biggest holdings make up 30.1% of the fund — the rest is spread across roughly 163 more companies.

Top 10 holdings

#	Company	Weight
1	MITSUBISHI UFJ FINANCIAL GROUP	4.5%
2	TOYOTA MOTOR	3.6%
3	ADVANTEST	3.3%
4	RECRUIT HOLDINGS LTD	3.1%
5	SUMITOMO MITSUI FINANCIAL GROUP	2.9%
6	SONY GROUP	2.8%
7	HITACHI	2.7%
8	TOKYO ELECTRON	2.7%
9	MIZUHO FINANCIAL GROUP	2.2%
10	SOFTBANK GROUP CORP	2.2%

Where to buy this fund

Where you live:

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

Where it trades

Exchange	Ticker	Currency
LSE	XMUJ	USD	★ Primary
EUR listings
Frankfurt	XMUJ	EUR
USD listings
B2	XMUJ	USD
B3	XMUJL	USD
B4	XMUJUSD	USD
E1	XMUJEUR	USD
E1	XMUJGBX	USD
E1	XMUJUSD	USD
EB	XMUJZ	USD
EB	XMUJL	USD
EO	XMUJEUR	USD
EO	XMUJUSD	USD
EP	XMUJUSD	USD
ER	XMUJGBP	USD
ER	XMUJEUR	USD
ER	XMUJ	USD
EU	XMUJEUR	USD
EU	XMUJGBX	USD
EU	XMUJUSD	USD
EZ	XMUJUSD	USD
GD	XMUJ	USD
GM	XMUJ	USD
GZ	XMUJ	USD
IX	XMUJL	USD
IX	XMUJZ	USD
L1	XMUJL	USD
L1	XMUJZ	USD
L3	XMUJZ	USD
L3	XMUJL	USD
LA	XMUJ	USD
LU	XMUJ	USD
MF	XMUJN	USD
MM	XMUJN	USD
MU	XMUJN	USD
PO	XMUJL	USD
PO	XMUJZ	USD
QT	XMUJ	USD
QX	XMUJL	USD
S1	XMUJL	USD
SE	XMUJ	USD
T2	XMUJ	USD
TH	XMUJ	USD
WT	XMUJ	USD
X9	XMUJUSD	USD
XA	XMUJEUR	USD
XA	XMUJGBX	USD
XA	XMUJUSD	USD
XE	XMUJUSD	USD
XE	XMUJGBX	USD
XE	XMUJEUR	USD
XF	XMUJEUR	USD
XF	XMUJGBX	USD
XF	XMUJUSD	USD
XG	XMUJUSD	USD
XG	XMUJGBX	USD
XG	XMUJEUR	USD
XH	XMUJEUR	USD
XH	XMUJGBX	USD
XH	XMUJUSD	USD
XJ	XMUJUSD	USD
XJ	XMUJGBX	USD
XJ	XMUJEUR	USD
XL	XMUJEUR	USD
XL	XMUJGBX	USD
XL	XMUJUSD	USD
XO	XMUJUSD	USD
XO	XMUJGBX	USD
XO	XMUJEUR	USD
XQ	XMUJGBX	USD
XS	XMUJ	USD
XS	XMUJEUR	USD
XS	XMUJGBX	USD
XS	XMUJUSD	USD
XT	XMUJGBX	USD
XU	XMUJUSD	USD
XU	XMUJGBX	USD
XU	XMUJEUR	USD
XV	XMUJEUR	USD
XV	XMUJGBX	USD
XV	XMUJUSD	USD
XW	XMUJGBX	USD
XW	XMUJEUR	USD
XX	XMUJEUR	USD
XX	XMUJGBX	USD
XX	XMUJUSD	USD
XZ	XMUJGBX	USD

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-11-05 · the fund's own published holdings.

#	Company	Weight
1	MITSUBISHI UFJ FINANCIAL GROUP	4.5%
2	TOYOTA MOTOR	3.6%
3	ADVANTEST	3.3%
4	RECRUIT HOLDINGS LTD	3.1%
5	SUMITOMO MITSUI FINANCIAL GROUP	2.9%
6	SONY GROUP	2.8%
7	HITACHI	2.7%
8	TOKYO ELECTRON	2.7%
9	MIZUHO FINANCIAL GROUP	2.2%
10	SOFTBANK GROUP CORP	2.2%
11	KIOXIA HOLDINGS	2.0%
12	TOKIO MARINE HOLDINGS	1.9%
13	MITSUBISHI	1.8%
14	KEYENCE	1.8%
15	FAST RETAILING	1.7%
16	ITOCHU	1.6%
17	MITSUI	1.5%
18	MITSUBISHI HEAVY INDUSTRIES	1.4%
19	MURATA MANUFACTURING	1.4%
20	TAKEDA PHARMACEUTICAL	1.3%
21	SHIN ETSU CHEMICAL	1.2%
22	MITSUBISHI ELECTRIC	1.1%
23	NINTENDO	1.1%
24	HOYA	1.1%
25	PANASONIC HOLDINGS	1.1%
26	JAPAN TOBACCO	1.0%
27	KDDI	1.0%
28	FUJITSU	0.9%
29	SUMITOMO	0.9%
30	MARUBENI	0.8%
31	SOFTBANK	0.8%
32	HONDA MOTOR	0.8%
33	ORIX	0.8%
34	FUJIKURA	0.8%
35	DAIICHI LIFE GROUP	0.8%
36	MS&AD INSURANCE GROUP HOLDINGS	0.8%
37	NEC	0.7%
38	SOMPO HOLDINGS	0.7%
39	JAPAN POST BANK LTD	0.7%
40	KOMATSU	0.7%
41	FANUC CORP	0.7%
42	SUMITOMO ELECTRIC INDUSTRIES	0.7%
43	DAIKIN INDUSTRIES LTD	0.6%
44	TDK	0.6%
45	NTT	0.6%
46	OTSUKA HOLDINGS	0.6%
47	RENESAS ELECTRONICS CORP	0.6%
48	RESONA HOLDINGS	0.6%
49	TOYOTA TSUSHO	0.6%
50	IBIDEN LTD	0.6%
51	DISCO CORP	0.6%
52	CHUGAI PHARMACEUTICAL LTD	0.5%
53	AJINOMOTO	0.5%
54	DAIICHI SANKYO LTD	0.5%
55	NOMURA HOLDINGS	0.5%
56	ASTELLAS PHARMA	0.5%
57	BRIDGESTONE	0.5%
58	KYOCERA	0.5%
59	SUMITOMO MITSUI TRUST GROUP	0.5%
60	MITSUBISHI ESTATE	0.5%
61	MITSUI FUDOSAN	0.5%
62	SEVEN & I HOLDINGS	0.5%
63	FUJIFILM HOLDINGS	0.5%
64	CANON	0.5%
65	ENEOS HOLDINGS	0.5%
66	JAPAN POST HOLDINGS LTD	0.5%
67	INPEX	0.4%
68	SMC (JAPAN) CORP	0.4%
69	ORIENTAL LAND	0.4%
70	EAST JAPAN RAILWAY	0.4%
71	KAO	0.4%
72	SUZUKI MOTOR	0.4%
73	LASERTEC	0.4%
74	NIPPON STEEL	0.4%
75	TERUMO	0.4%
76	ASICS	0.4%
77	DENSO	0.4%
78	BANDAI NAMCO HOLDINGS INC	0.4%
79	CENTRAL JAPAN RAILWAY	0.4%
80	NIPPON YUSEN	0.3%
81	SECOM	0.3%
82	KANSAI ELECTRIC POWER	0.3%
83	RESONAC HOLDINGS	0.3%
84	AEON	0.3%
85	DAIWA HOUSE INDUSTRY	0.3%
86	MITSUI OSK LINES LTD	0.3%
87	RYOHIN KEIKAKU	0.3%
88	KUBOTA	0.3%
89	ASAHI GROUP HOLDINGS	0.3%
90	IHI	0.3%
91	NITTO DENKO	0.3%
92	SHIONOGI	0.3%
93	KONAMI GROUP	0.3%
94	KIRIN HOLDINGS	0.3%
95	NOMURA RESEARCH INSTITUTE	0.3%
96	DAIWA SECURITIES GROUP INC	0.3%
97	T&D HOLDINGS	0.3%
98	JAPAN EXCHANGE GROUP	0.3%
99	SUMITOMO METAL MINING	0.3%
100	FURUKAWA ELECTRIC LTD	0.2%
101	SEKISUI HOUSE	0.2%
102	ASAHI KASEI	0.2%
103	SUMITOMO REALTY & DEVELOPMENT	0.2%
104	OBIC LTD	0.2%
105	KAJIMA	0.2%
106	OSAKA GAS	0.2%
107	TOKYO GAS LTD	0.2%
108	OLYMPUS	0.2%
109	OBAYASHI	0.2%
110	SCREEN HOLDINGS LTD	0.2%
111	EBARA	0.2%
112	FUJI ELECTRIC	0.2%
113	CHUBU ELECTRIC POWER INC	0.2%
114	JX ADVANCED METALS CORP	0.2%
115	DAIFUKU	0.2%
116	YOKOHAMA FINANCIAL GROUP	0.2%
117	TAISEI	0.2%
118	KOKUSAI ELECTRIC	0.2%
119	KAWASAKI HEAVY INDUSTRIES	0.2%
120	SBI HOLDINGS INC	0.2%
121	NIDEC	0.2%
122	YAMAHA MOTOR	0.2%
123	TORAY INDUSTRIES	0.2%
124	SHISEIDO	0.2%
125	MITSUBISHI CHEMICAL GROUP	0.2%
126	PAN PACIFIC INTERNATIONAL HOLDINGS	0.2%
127	CHIBA BANK	0.2%
128	SUBARU	0.2%
129	SHIMANO INC	0.2%
130	EISAI	0.2%
131	LY CORP	0.2%
132	NITORI HOLDINGS	0.2%
133	WEST JAPAN RAILWAY	0.2%
134	KAWASAKI KISEN LTD	0.1%
135	KIKKOMAN CORP	0.1%
136	SANRIO	0.1%
137	NIPPON PAINT HOLDINGS	0.1%
138	MITSUI KINZOKU LIMITED LTD	0.1%
139	MITSUBISHI HC CAPITAL INC	0.1%
140	MAKITA	0.1%
141	IDEMITSU KOSAN LTD	0.1%
142	ZENSHO HOLDINGS	0.1%
143	MINEBEA MITSUMI INC	0.1%
144	ISUZU MOTORS	0.1%
145	UNICHARM	0.1%
146	DAI NIPPON PRINTING	0.1%
147	AGC	0.1%
148	SHIMIZU	0.1%
149	YOKOGAWA ELECTRIC	0.1%
150	CAPCOM LTD	0.1%
151	HANKYU HANSHIN HOLDINGS	0.1%
152	TOPPAN HOLDINGS	0.1%
153	OTSUKA CORP	0.1%
154	NIPPON SANSO HOLDINGS	0.1%
155	AISIN	0.1%
156	JAPAN POST INSURANCE LTD	0.1%
157	NIPPON BUILDING FUND REIT	0.1%
158	DAITO TRUST CONSTRUCTION LTD	0.1%
159	RAKUTEN GROUP	0.1%
160	NEXON	0.1%
161	TOHO (TOKYO)	0.1%
162	HULIC	0.1%
163	HIKARI TSUSHIN INC	0.1%
164	NISSAN MOTOR	0.1%
165	SUNTORY BEVERAGE & FOOD LTD	0.1%
166	KYOWA KIRIN LTD	0.1%
167	JAPANESE YEN	0.1%
168	ANA HOLDINGS	0.1%
169	EURO CURRENCY	0.0%
170	US DOLLAR	0.0%
171	SWISS FRANC	0.0%
172	POUND STERLING	0.0%
173	DEUTSCHE GLOBAL LIQUIDITY SERI	0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 10% of similar ETFs💰 All-in cost cheaper than 17%📈 Higher 1-yr return than 22%📈 Higher 3-yr return than 25%📈 Higher 5-yr return than 29%📊 Behind its category by 0.5% (1-yr) (category average +19.9%)📊 Beat its category by 0.5% (3-yr) (category average +22.6%)📊 Beat its category by 1.4% (5-yr) (category average +17.3%)

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

Advanced risk

1.60

Sortino (3y) ?

1.03

Calmar (3y) ?

13.7%

Downside deviation ?

67%

Up months (hit rate) ?

$72.96

52-week high ?

$54.76

52-week low ?

Concentration depth

~66 ?

Effective number of holdings

Roughly 173 companies are held, but the largest names carry most of the weight — so it behaves like ~66 equal-sized positions.

Tilt vs a world tracker

Japan+99.6

Cash/Other-74.2

United States-25.8

Industrials+23.1

Financials+17.6

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

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

	Xtrackers MSCI Japan UCITS ETF 2D USD HedgedXtrackersYou're viewing	UBS Core MSCI Japan UCITS ETF hGBP disUBSBroader match	UBS Core MSCI Japan UCITS ETF hCHF accUBSBroader match	UBS Core MSCI Japan UCITS ETF hEUR disUBSBroader match	UBS Core MSCI Japan UCITS ETF hEUR accUBSBroader match	UBS Core MSCI Japan UCITS ETF hUSD accUBSBroader match	UBS Core MSCI Japan UCITS ETF USD accUBSBroader match
Why it's similar	This is the fund on this page.	StocksDistributingPhysicalCheaper fee Tracks a different index in the same category.	StocksPhysicalCheaper fee Tracks a different index in the same category.	StocksDistributingPhysicalCheaper fee Tracks a different index in the same category.	StocksPhysicalCheaper fee Tracks a different index in the same category.	StocksPhysicalCheaper fee Tracks a different index in the same category.	StocksPhysicalCheaper fee Tracks a different index in the same category.
Index tracked	MSCI Total Return Net Japan Index	MSCI Japan	MSCI Japan	MSCI Japan	MSCI Japan	MSCI Japan	MSCI Japan
Yearly fee (TER)	0.40%	0.15%	0.15%	0.15%	0.15%	0.15%	0.12%
All-in cost	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Fund size	€0	€1.5T	€1.4T	€1.3T	€1.3T	€1.1T	€1.1T
Domicile	LU	LU	LU	LU	LU	LU	LU
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.	+23.0%	+21.9%	+18.9%	+21.1%	+21.9%	+25.9%
5-yr return p.a.	+18.7%	+16.6%	+14.7%	+15.8%	+17.0%	+20.4%
# holdings	173	10	10	10	10	10	10

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Data as of 2026-11-05 · Source: issuer data, compiled by Finance Hamster

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