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Launched · SEC filings

MUFG Japan Small Cap Active ETF

MJSCNYSE ArcaC

$56.300.00 (0.00%)

As of Nov 10, 2026, 9:46 AM ET

C44/ 100

Rank 15 of 18 in Japan

C44/100Rank 15 of 18inJapan
Intraday session: flat, 1 prints from 56.30 to 56.30. Range 56.30 to 56.30. Use the arrow keys to read each point.55.5056.0057.0010 AM12 PM2 PM4 PM
Expense ratio
1.01%*
Fund size
$20M
1Y total return
+15.4%
Yield · Last 12 months
No data
Holdings
97
Avg volume · 30D
2.02K sh
52W range
low $47.83high $63.81
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Dec 31, 2027. Without it: 1.68%.

The ETF.net MJSC Grade

C

Score 44 out of 100

Category
Japan⁠
Rank
15 of 18
Six-pillar profile for MJSC. Scores out of 100: Cost 9, Risk 34, Mission 97, Tradability 28, Holdings 75, Durability 22. Strongest: Mission (97). Weakest: Cost (9). Leans toward Mission.

Score 44 of 100 falls in the C 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.
    F9 out of 100
    Rank 16 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A97 out of 100
    Rank 9 of 14

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 15 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D28 out of 100
    Rank 14 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A75 out of 100
    Rank 4 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F22 out of 100
    Rank 16 of 18

Our read on MJSC

ETF.net Research

In short

CMUFG's first US-listed ETF: an active Tokyo stock-picking desk digging through Japanese small caps, roughly 100 names deep, in a category otherwise run by index trackers.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • Active where the category is mostly passive: a quantitative screen on market cap and credit risk, then growth, quality and value work, rather than cloning a small-cap index.mufgetfs.com
  • Japanese plumbing, not a Japan sleeve bolted onto a US shop. Mitsubishi UFJ Trust and Banking sub-advises alongside Clearbrook, so the research sits near the companies.mufgetfs.cometfexpress.com
  • The portfolio matches what the prospectus promises: Japanese small-cap equities aimed at long-term capital appreciation, spread across about 100 names.

Worth knowing

  • Active Japan costs: 1.01% net of a waiver through December 31, 2027 (1.68% gross), above the category's typical fee. Index peers SCJ (0.50%) and FLJP (0.09%) charge far less.
  • A small fund that trades lightly, which can mean wider spreads and larger premiums or discounts than the category's big index names.
  • Launched in 2025, so there is little track record to judge, and cash comes back once or twice a year rather than quarterly.

MJSC Holdings

Holdings pillarA75 out of 100Rank 4 of 18 in Japan
Asset class
Stocks
Holdings
97
Top-10 weight
19%
Largest holding
7581.T2.4%

Sectors

  • Industrials29.8%
  • Technology21.2%
  • Consumer Discretionary12.1%
  • Financials11.0%
  • Materials8.7%
  • Communication5.9%
  • Consumer Staples4.2%
  • Health Care4.0%
  • Real Estate1.8%
  • Energy0.7%
  • Utilities0.6%

Geography

  • Japan100.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
17581.TSaizeriya Co Ltd2.37%9,100$469K47
28359.THachijuni Nagano Bank Ltd2.17%30,100$428K69
38334.TGunma Bank Ltd/The1.92%25,000$378K61
45076.TInfroneer Holdings Inc1.87%26,800$369K67
58804.TTokyo Tatemono Co Ltd1.85%17,400$365K68
69759.TNsd Co Ltd1.82%19,000$360K54
74733.TObic Business Consultants1.82%5,700$358K41
88012.TNagase & Co Ltd1.75%51,100$345K60
95831.TShizuoka Financial Group Inc1.75%18,800$345K65
102264.TMorinaga Milk Industry Co Ltd1.72%49,800$339K57
111808.THaseko Corp1.68%19,600$332K73
128439.TTokyo Century Corp1.64%21,300$324K58
134443.TSansan Inc1.51%22,800$298K45
147685.TBuysell Technologies Co Ltd1.50%19,600$297K19
154666.TPARK24 Co Ltd1.50%26,200$295K58

Showing 1–15 of 97 holdings

MJSC Performance

Launched Sep 16, 2025

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.Not enough history yet.Not enough history yet.
MJSC$11,543
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. MJSC $11,543. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 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.

Trailing total return for MJSC. Periods over one year show the average yearly return.
PeriodMJSC
Year to date+12.9%
1 month−10.0%
3 months−10.4%
1 year+15.4%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+12.9%
2025+0.4%

History from Sep 17, 2025

MJSC in the news

MJSC Dividends

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

$10,000 in MJSC 1 year ago paid $65.83 in dividends.

MJSC Risk

Risk pillarD34 out of 100Rank 15 of 18 in Japan
How much the fund’s monthly returns vary, scaled to a year.
22.4%
Annualised · 13 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.
0.61
vs 3-month T-bills · 13 months 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.
−14.5%
13 months · trough Nov 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.
1.01
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.

MJSC Cost

Compare MJSC and FLJP

Overpaying vs FLJP, tied cheapest in Japan

$16,952

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

  • MJSC 1.01%

    $18,850

  • FLJP 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • MJSC 1.01%
  • FLJP 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MJSC $18,850FLJP $1,898

Year by year

YearMJSCFLJPOverpaying
10$1,780$165$1,615
20$6,686$646$6,040
30$18,850$1,898$16,952
How the 1.01% is worked out

Full fee 1.68%− waiver 0.67%= you pay 1.01%

The waiver ends Dec 31, 2027. After that the fee is 1.68% unless MUFG renews it. Source: prospectus, Jun 2026.

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