Skip to content
etf.net

MJSC

GradeCNew York Stock Exchange Arca

MUFG Japan Small Cap Active ETF

Countries & Regions · MUFG · Inception 2025-09-16

$62.51+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Sep 17, 2025.
Intraday session: up, 6 prints from 61.59 to 62.51. Range 61.59 to 62.51. Use the arrow keys to read each point.$61.60$62.00$62.40Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.75%
Fund size
$23M
1Y return
+25.3%
Yield · Last 12 months
Data unavailable
Holdings
96
Volume · 30D
0M sh
NAV per share
$61.34
52W range
low $46.90high $63.81

The ETF.net MJSC Grade

C

51/ 100

Rank 12 of 18 in Japan⁠

Confidence High

Six-pillar profile for MJSC. Scores out of 100: Cost 29, Risk 57, Mission 95, Tradability 9, Holdings 78, Durability 22. Strongest: Mission (95). Weakest: Tradability (9). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 of 100 sits in the C 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.
    DScore 29
    Category rank13/18 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 95
    Category rank10/14 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 57
    Category rank7/18 · top 39%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 9
    Category rank17/18 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 78
    Category rank4/18 · top 22%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 22
    Category rank16/18 · bottom quartile

Graded as of Sep 22, 2026

Our read on MJSC

ETF.net Research

CJapan's largest banking group finally put its name on a US ticker. MJSC is an actively managed all-Japan small-cap portfolio, sub-advised by a Tokyo trust bank picking domestic names most American investors have never heard of.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Local hands on the wheel: Mitsubishi UFJ Trust and Banking sub-advises, screening Japanese small caps on market cap and credit risk with growth, quality and value inputs.mufgetfs.com
  2. 02Tight mandate: at least 80% of net assets in small-cap companies domiciled in Japan or doing most of their business there. No quiet drift into mega-cap exporters.aaii.com
  3. 03MUFG's first ETF for US investors, launched 2025: an institutional Japanese small-cap strategy repackaged into a 1940 Act fund you can buy in a brokerage account.ncnewsonline.com

Worth knowing

  1. 01At 0.85%, it costs more than the typical active international equity fund (0.60% median) and roughly triple a broad international small-cap option like AVDS at 0.30%.
  2. 02It launched in September 2025 and trades thinly, so there is little live record and limit orders matter more here than in a big, busy fund.
  3. 03Currency rides along: yen-earning businesses in a dollar-priced fund, so exchange-rate moves feed into what you see.mufgetfs.com

MJSC Holdings

As of Sep 20, 2026, 9:29 AM
Asset class
Stocks
Holdings
96
Top-10 weight
19%
Largest holding
8359.T2.3%

Geography

  • Japan100.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0018359.THACHIJUNI NAGANO BANK LTD2.26%29,600$518K69
0025076.TINFRONEER HOLDINGS INC2.12%26,400$486K63
0033132.TMACNICA HOLDINGS INC2.10%19,000$480K60
0048334.TGUNMA BANK LTD/THE2.01%24,500$459K56
0056134.TFUJI CORPORATION1.91%9,900$437K56
0065831.TSHIZUOKA FINANCIAL GROUP INC1.83%18,600$418K59
0078012.TNAGASE & CO LTD1.76%53,800$402K61
0085830.TIYOGIN HOLDINGS INC1.63%15,100$373K54
0096508.TMEIDENSHA CORP1.60%5,300$365K54
0107581.TSAIZERIYA CO LTD1.58%8,700$363K47
0118439.TTOKYO CENTURY CORP1.57%20,600$360K58
0127685.TBUYSELL TECHNOLOGIES CO LTD1.54%18,800$352K19
0138804.TTOKYO TATEMONO CO LTD1.51%16,200$345K68
0141980.TDAI-DAN CO LTD1.48%18,200$340K53
0156370.TKURITA WATER INDUSTRIES1.45%6,900$332K71

Showing 1–15 of 97 holdings

MJSC Performance

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

MJSC$12,531
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. MJSC $12,531. SPY $11,723. Use the arrow keys to read each point.$9,191$11,084$12,976Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for MJSC. Periods over one year show the average yearly return.
PeriodMJSC
Year to date+25.3%
1 month+1.9%
3 months−0.9%
1 year+25.3%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 MJSC
YearReturn barMJSC
2026 YTD+25.3%
2025+0.4%

History from Sep 17, 2025

MJSC in the news

ETF.net Research hasn’t filed on MJSC yet — coverage lands here as it’s written.

MJSC 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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.33 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.33. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.33

MJSC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.
—
No data available
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.
−12.6%
12 months · trough Mar 2026
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.
0.93
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.

MJSC Cost

Expense ratio0.75%
  • The middle half of Japan funds
  • Median 0.54%

12 of the 18 Japan funds charge less.

MJSC costs $75.00 a year on $10,000. The median Japan fund costs $54.00.