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Launched · SEC filings

iShares JPX-Nikkei 400 ETF

JPXNNYSE ArcaiSharesA

$100.58+0.27 (+0.27%)

As of Nov 2, 2026, 3:59 PM ET

A74/ 100

Rank 5 of 18 in Japan

A74/100Rank 5 of 18inJapan
Intraday session: up, 79 prints from 100.31 to 100.58. Range 100.58 to 101.35. Use the arrow keys to read each point.100.80101.00101.20101.4010 AM12 PM2 PM4 PM
Expense ratio
0.48%
Fund size
$166M
1Y total return
+17.7%
Yield · Last 12 months
2.74%
Holdings
402
Avg volume · 30D
16.5K sh
52W range
low $76.19high $105.69
Launched
Filings
SEC EDGAR

The ETF.net JPXN Grade

A

Score 74 out of 100

Category
Japan⁠
Rank
5 of 18
Six-pillar profile for JPXN. Scores out of 100: Cost 68, Risk 53, Mission 100, Tradability 64, Holdings 82, Durability 70. Strongest: Mission (100). Weakest: Risk (53). Leans toward Mission.

Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B68 out of 100
    Rank 6 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 14

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C53 out of 100
    Rank 7 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 7 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A82 out of 100
    Rank 3 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A70 out of 100
    Rank 6 of 18

Our read on JPXN

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Oct 23, 2001

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

JPXN$11,774
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. JPXN $11,774. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for JPXN. Periods over one year show the average yearly return.
PeriodJPXN
Year to date+16.8%
1 month−3.0%
3 months+0.8%
1 year+17.7%
3 yearsper year+20.2%
5 yearsper year+9.2%
10 yearsper year+8.4%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JPXN
YearReturn barJPXN
2026 YTD+16.8%
2025+26.1%
2024+6.5%
2023+19.7%
2022−16.3%
2021+0.2%
2020+15.1%

JPXN in the news

JPXN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.74%Last 12 months
Payout per share
$2.75Last 12 months
Last payment
$0.64 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.36; Dec 21, 2017 $0.62; Jun 19, 2018 $0.37; Dec 18, 2018 $0.50; Jun 17, 2019 $0.44; Dec 16, 2019 $0.78; Jun 15, 2020 $0.43; Dec 14, 2020 $0.49; Jun 10, 2021 $0.58; Dec 13, 2021 $1.28; Jun 9, 2022 $0.62; Dec 13, 2022 $0.24; Jun 7, 2023 $0.46; Dec 20, 2023 $1.29; Jun 11, 2024 $0.59; Dec 17, 2024 $1.03; Jun 16, 2025 $0.61; Dec 16, 2025 $2.11; Jun 15, 2026 $0.64. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.64
Dec 16, 2025Dec 19, 2025$2.11
Jun 16, 2025Jun 20, 2025$0.61
Dec 17, 2024Dec 20, 2024$1.03
Jun 11, 2024Jun 17, 2024$0.59
Dec 20, 2023Dec 27, 2023$1.29
Jun 7, 2023Jun 13, 2023$0.46
Dec 13, 2022Dec 19, 2022$0.24
Jun 9, 2022Jun 15, 2022$0.62
Dec 13, 2021Dec 17, 2021$1.28
Jun 10, 2021Jun 16, 2021$0.58
Dec 14, 2020Dec 18, 2020$0.49

See all 42 payments⁠

$10,000 in JPXN 10 years ago paid $2,629 in dividends.⁠

JPXN Risk

Risk pillarC53 out of 100Rank 7 of 18 in Japan
How much the fund’s monthly returns vary, scaled to a year.
12.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.21
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−29.1%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.85
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

JPXN Cost

Compare JPXN and FLJP

Overpaying vs FLJP, tied cheapest in Japan

$7,707

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JPXN 0.48%

    $9,605

  • FLJP 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • JPXN 0.48%
  • FLJP 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530JPXN $9,605FLJP $1,898

Year by year

YearJPXNFLJPOverpaying
10$865$165$700
20$3,328$646$2,682
30$9,605$1,898$7,707

Other funds in Japan

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