Neuberger Berman Japan Equity ETF
$35.41−0.56 (−1.56%)
- Expense ratio
- 1.92%
- Fund size
- $126M
- 1Y return
- +23.1%
- Yield · Last 12 months
- 1.96%
- Holdings
- 58
- Volume · 30D
- 0M sh
- NAV per share
- $35.89
- 52W range
The ETF.net NBJP Grade
Score 39 of 100 sits in the D 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.FScore 0Category 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.DScore 26Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 29Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 40Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 40Category rank
Our read on NBJP
DMost Japan ETFs just buy the whole market. NBJP hires stock pickers instead: a concentrated portfolio of about 60 Japanese companies screened for quality and durable growth. Active conviction, at an active price.
The Fund seeks long-term growth of capital.
Why people hold it
- Genuinely active, not an index in disguise: roughly 60 Japanese names chosen by Neuberger Berman's research team, with at least 80% of assets in companies tied economically to Japan.aaii.com
- Stays in its lane. A dedicated single-country Japan equity mandate, with no drift into broader Asia or global developed markets.
- Concentration with intent: at about 60 holdings, individual picks actually move the portfolio, rather than getting diluted inside a several-hundred-stock market cap index.
Worth knowing
- Cost is the trade-off: a 1.92% stated expense ratio against a roughly 0.50% cohort median, with index peers like FLJP at 0.09%. Fee caps can lower the net figure, so read the current prospectus.
- Thinly traded with a modest asset base, so spreads can run wider than the giant index Japan funds like BBJP and EWJ.
- Young fund. It opened in 2024, so there is not yet a full market cycle to judge the stock picking against cheap index alternatives.
NBJP Holdings
- Stocks
- 58
- 37%
- 8308.T
Geography
- Japan100.00%
Developed 100% · Emerging 0%
NBJP 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 | NBJP |
|---|---|
| Year to date | +16.8% |
| 1 month | +1.0% |
| 3 months | −7.4% |
| 1 year | +23.1% |
| 3 years | — |
| 5 years | — |
| 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 | NBJP |
|---|---|---|
| 2026 YTD | +16.8% | |
| 2025 | +30.3% | |
| 2024 | −3.3% |
NBJP in the news
ETF.net Research hasn’t filed on NBJP yet — coverage lands here as it’s written.
NBJP Dividends
- 1.96%
- $0.70
- $0.70 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 19, 2025 | Dec 24, 2025 | $0.70 |
| Dec 18, 2024 | Dec 23, 2024 | $0.18 |
NBJP Risk
- 16.5%
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.
- 1.01
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.
- −14.3%
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.
- 0.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NBJP Cost
- The middle half of Japan funds
- Median 0.54%
Every other Japan fund charges less.