iShares JPX-Nikkei 400 ETF
$103.07−1.53 (−1.46%)
- Expense ratio
- 0.48%
- Fund size
- $141M
- 1Y return
- +24.6%
- Yield · Last 12 months
- 2.63%
- Holdings
- 396
- Volume · 30D
- 0M sh
- NAV per share
- $104.41
- 52W range
The ETF.net JPXN Grade
Score 73 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 68Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 62Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 84Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 66Category rank
Our read on JPXN
AMost Japan ETFs just buy Tokyo. JPXN follows the JPX-Nikkei 400, an index that screens for profitability and shareholder-oriented practices, making it the corporate-reform cut of Japan rather than plain country beta.
JPXN seeks to follow an index of Japanese equities that applies profitability and shareholder-oriented practice screens. It is intended to provide targeted exposure to Japan as a single-country allocation.
Why people hold it
- The screen picks on capital discipline, not just size: about 400 Japanese companies filtered for profitability and shareholder-oriented management.
- 0.48% a year, a touch below the typical single-country Japan fund, which is unusual for a screened index rather than a plain market cap build.
- Listed since 2001, it is one of the longer-running US-listed Japan funds, and it has tracked its stated index closely with no side bets.
- Sits among the stronger implementations in a Japan single-country peer group that runs to well over a dozen funds.
Worth knowing
- Broad Japan trackers cost far less: FLJP at 0.09% and BBJP at 0.19%. The profitability and governance screen is what the extra fee buys.
- It trades lightly next to the giant Japan funds, so bid-ask spreads matter more here than with the category heavyweights.
- One country, one screen. Japanese equities only, so it moves with Japan's market and offers no cushion from other regions.
JPXN Holdings
- Stocks
- 396
- 17%
- 6098.T
Sectors
- Industrials27.5%
- Technology16.6%
- Financials14.8%
- Consumer Discr.12.5%
- Communication8.5%
- Health Care6.0%
- Cons. Staples4.7%
- Materials4.2%
- Real Estate2.4%
- Utilities1.7%
- Energy1.3%
Geography
- Japan100.00%
Developed 100% · Emerging 0%
JPXN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JPXN |
|---|---|
| Year to date | +21.6% |
| 1 month | +2.5% |
| 3 months | +2.3% |
| 1 year | +24.6% |
| 3 years | +19.9% |
| 5 years | +8.7% |
| 10 years | +8.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JPXN |
|---|---|---|
| 2026 YTD | +21.6% | |
| 2025 | +26.1% | |
| 2024 | +6.5% | |
| 2023 | +19.7% | |
| 2022 | −16.3% | |
| 2021 | +0.2% | |
| 2020 | +15.1% |
JPXN in the news
ETF.net Research hasn’t filed on JPXN yet — coverage lands here as it’s written.
JPXN Dividends
- 2.63%
- $2.75
- $0.64 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 15, 2026 | Jun 18, 2026 | $0.64 |
| Dec 16, 2025 | Dec 19, 2025 | $2.11 |
| Jun 16, 2025 | Jun 20, 2025 | $0.61 |
| Dec 17, 2024 | Dec 20, 2024 | $1.03 |
| Jun 11, 2024 | Jun 17, 2024 | $0.59 |
| Dec 20, 2023 | Dec 27, 2023 | $1.29 |
| Jun 7, 2023 | Jun 13, 2023 | $0.46 |
| Dec 13, 2022 | Dec 19, 2022 | $0.24 |
| Jun 9, 2022 | Jun 15, 2022 | $0.62 |
| Dec 13, 2021 | Dec 17, 2021 | $1.28 |
| Jun 10, 2021 | Jun 16, 2021 | $0.58 |
| Dec 14, 2020 | Dec 18, 2020 | $0.49 |
JPXN Risk
- 12.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −32.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JPXN Cost
- The middle half of Japan funds
- Median 0.54%
5 of the 18 Japan funds charge less.