Xtrackers MSCI Kokusai Equity ETF
$133.64+0.53 (+0.40%)
- 0.09%
- $811M
- +15.8%
- 1.30%
- 0M sh
- $134.04
- low $112.19high $135.95
The ETF.net KOKU Grade
B
Score 56 out of 100
- 15 of 21
Score 56 of 100 falls in the B 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.C53 out of 100Rank 9 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 18 of 18Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 8 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 15 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F18 out of 100Rank 20 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D28 out of 100Rank 20 of 21
Our read on KOKU
BKokusai is Japanese for overseas, and that is the blueprint here: the developed world with exactly one country cut out, Japan. A 0.09% wrapper on everything else, the US included.
The fund seeks to track, before fees and expenses, the MSCI Kokusai Index, also known as the MSCI World ex Japan Index. It uses passive full-replication indexing to access developed-market equities excluding Japan.
Why people hold it
- 0.09% a year, half the typical fee in its developed-markets cohort, for roughly 1,100 large and mid-cap stocks.
- Full replication rather than sampling: it buys the MSCI Kokusai index's stocks outright, and has tracked that benchmark closely.
- The rare fund that carves out Japan instead of the US, so an investor already holding Japan directly can own the rest of the developed world without doubling up.msci.com
- Plain 1940 Act ETF, passive index mandate, quarterly distributions. No derivatives, no leverage, no outcome period to track.
Worth knowing
- The index spans 22 developed markets and the US is one of them, so despite the international-sounding name it overlaps heavily with a US core holding.msci.commsci.com
- Thinly traded next to the giants of its category, so spreads can run wider and larger orders take more care.
- Broad ex-US peers VEA, SPDW and SCHF charge 0.03%: a different map (they keep Japan, drop the US) at a lower fee.
KOKU Holdings
- Stocks
- 1,084
- 30%
- NVDA
Geography
- United States76.42%
- United Kingdom3.75%
- Canada3.41%
- Switzerland2.63%
- Germany2.12%
- France2.02%
- Netherlands1.76%
- Australia1.60%
- 6.30%
Developed 98% · Emerging 2%
KOKU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
KOKU$11,575
Returns run to the Oct 9, 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 | KOKU |
|---|---|
| Year to date | +12.8% |
| 1 month | +0.8% |
| 3 months | +3.8% |
| 1 year | +15.8% |
| 3 years | +22.0% |
| 5 years | +12.3% |
| 10 years | — |
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 | KOKU |
|---|---|---|
| 2026 YTD | +12.8% | |
| 2025 | +21.4% | |
| 2024 | +19.4% | |
| 2023 | +24.2% | |
| 2022 | −17.8% | |
| 2021 | +23.8% | |
| 2020 | +40.4% |
KOKU in the news
KOKU Dividends
- 1.30%
- $1.75
- $0.31 per share
- Quarterly
Distribution history
KOKU Risk
- 11.8%
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.
- 1.36
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.
- −25.8%
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.
- 0.89
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KOKU Cost
0.09%
KOKU0.09%
- The middle half of Developed International Core funds
- Median 0.09%
8 of the 21 Developed International Core funds charge less.
Other funds in Developed International Core
- BFLEEFranklin FTSE Europe ETFExpense ratio 0.09%1 year return +11.6%
- BFNDFSchwab Fundamental International Large Company Index ETFExpense ratio 0.25%1 year return +30.7%
- CPXFInvesco RAFI Developed Markets ex-U.S. ETFExpense ratio 0.43%1 year return +30.1%
- CGSIDGoldman Sachs MarketBeta International Equity ETFExpense ratio 0.25%1 year return +16.1%
- CTOKiShares MSCI Kokusai ETFExpense ratio 0.25%1 year return +18.3%