BBJP vs JAPN: Grades, Fees and Holdings Compared

JPMorgan BetaBuilders Japan ETF

BBJPACboe

Horizon Kinetics Japan Owner Operator ETF

JAPNFNasdaq

Overlap

0.4%by weight

Expense ratio

BBJP −0.66pt a year

BBJP0.19%JAPN0.85%

Avg volume · 30D

BBJP 310.9×the volume

BBJP1.32MJAPN4.25K

BBJP vs JAPN Performance

Oct 31, 2025 – Oct 30, 2026

+14.9%BBJP−5.8%JAPN

Expense ratio: BBJP 0.19%, better; JAPN 0.85%
Fund size: BBJP $18.7B; JAPN $25M
1Y total return: BBJP +14.9%, better; JAPN −5.8%
Yield (12M): BBJP 4.71%; JAPN No data
Holdings: BBJP 177; JAPN 37
Avg volume (30D): BBJP 1.32M sh, better; JAPN 4.25K sh
NAV per share: BBJP $75.10; JAPN $25.81
52W range

ETF.net Grade

Pillar letters and Scores for BBJP, JAPN, with each pillar’s weight
Pillar	BBJP	JAPN
Cost30% weight	A88Higher	F18
Mission25% weight	A100Higher	D39
Risk15% weight	C41Higher	F13
Tradability15% weight	A87Higher	F19
Holdings10% weight	B59Higher	F23
Durability5% weight	A76Higher	F9

Rank among Japan funds

How we build Categories ›

Same Category. BBJP and JAPN are both graded against the same 18 Japan funds, so their Grades compare head to head.

Japan⁠

Category · 18 funds

See all 18 ›

BBJP ranks 2nd and JAPN 18th of 18 funds in the Japan Category.

Rank 1AFLJPFranklin FTSE Japan ETFScore 82
Rank 2ABBJPJPMorgan BetaBuilders Japan ETFScore 80
Rank 3AFLJHFranklin FTSE Japan Hedged ETFScore 75
Rank 17CNBJPNeuberger Berman Japan Equity ETFScore 39
Rank 18FJAPNHorizon Kinetics Japan Owner Operator ETFScore 22

Our read on each fund

ETF.net Research

BBJPAJPMorgan BetaBuilders Japan ETF

JAPNFHorizon Kinetics Japan Owner Operator ETF

In short

BBJP Japan's whole board for 0.19% a year. JPMorgan's BetaBuilders fund holds roughly 170 large and mid-cap Japanese stocks and has grown into a multi-billion-dollar way to own Tokyo without paying legacy-tracker prices.

JAPN No data

Stated mandate

BBJP The fund seeks to closely track, before fees and expenses, the performance of a Japan-focused equity index.

JAPN No data

Why people hold it

BBJP 0.19% a year, well under what the older iShares Japan trackers (EWJ at 0.49%, JPXN at 0.48%) charge for similar broad exposure.
Roughly 170 Japanese large and mid caps in one line item, tracking a Morningstar Japan index closely rather than making stock calls.
A multi-billion-dollar fund that trades actively, which tends to keep the cost of getting in and out modest.
Running since 2018 and one of the stronger implementations in the single-country Japan group.

JAPN No data

Worth knowing

BBJP One country, one market cycle. Japan-only equity means no cushion from anywhere else when Tokyo has a bad stretch.
Not the cheapest ticket to Japan: Franklin's FLJP runs 0.09%, and FLJH is the currency-hedged option in the same peer set.
Distributions land once or twice a year, not quarterly, so income arrives in lumps.

JAPN No data

Full BBJP profile⁠

Full JAPN profile⁠

BBJP vs JAPN Holdings

How BBJP and JAPN differ

Overlap by weight

0.4%

Shared holdings make up 8.4% of JAPN and 0.4% of BBJP.

Level by level

Holdings3 in both0.4%
Sector11 Sectors66.8%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in BBJP and JAPN, widest gap first
Sector	More in BBJPMore in JAPN	BBJP	JAPN
Industrials	BBJP +13.5 points	24.0%	10.5%
Financials	BBJP +12.5 points	19.2%	6.7%
Technology	JAPN +12.1 points	20.9%	33.0%
Communication	JAPN +8.0 points	9.1%	17.1%
Consumer Discretionary	JAPN +7.4 points	11.1%	18.5%
Consumer Staples	JAPN +5.2 points	3.6%	8.8%
Health Care	BBJP +3.4 points	5.2%	1.8%
Real Estate	BBJP +1.9 points	1.9%	0.0%
Utilities	BBJP +1.0 points	1.0%	0.0%
Energy	BBJP +1.0 points	1.0%	0.0%
Materials	JAPN +0.5 points	3.1%	3.6%

Country, concentration and asset class

Country by domicile

Country weights in BBJP and JAPN, widest gap first
Country	More in BBJPMore in JAPN	BBJP	JAPN
Japan	Same weight	100.0%	100.0%

Outside the US: BBJP 100% developed, 0% emerging. JAPN 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

BBJP29.3%
JAPN47.1%

Securities held

BBJP174
JAPN36

Asset class

BBJP: Equity
JAPN: Equity

Holdings

Only in BBJP171
In both3
Only in JAPN33

Only in BBJP

171 securities, 99.4% of BBJP by weight

Mitsubishi Ufj Financial4.52%
Toyota Motor Corp Common3.69%
Recruit Holdings Co Ltd3.14%
Advantest Corp Common2.90%
Sumitomo Mitsui2.84%
Sony Group Corp Common2.76%
Hitachi Ltd Common Stock2.67%
Tokyo Electron Ltd2.49%
Mizuho Financial Group2.18%
Mitsubishi Corp Common2.06%
Tokio Marine Holdings1.93%
Itochu Corp Common Stock1.92%
Softbank Group Corp1.88%
Keyence Corp Common1.71%
Fast Retailing Co Ltd1.67%
Mitsui & Co Ltd Common1.50%
Kioxia Holdings Corp1.45%
Mitsubishi Heavy1.34%
Murata Manufacturing Co1.30%
Shin-Etsu Chemical Co1.29%
Takeda Pharmaceutical Co1.25%
Nintendo Co Ltd Common1.13%
Mitsubishi Electric Corp1.07%
Hoya Corp Common Stock1.02%
Panasonic Holdings Corp0.97%
Kddi Corp Common Stock0.96%
Japan Tobacco Inc Common0.95%
Marubeni Corp Common0.95%
Sumitomo Corp Common0.94%
Honda Motor Co Ltd0.82%
Softbank Corp Common0.78%
MS&AD Insurance Group0.77%
Daiichi Life Group Inc0.76%
Orix Corp Common Stock0.75%
Fujikura Ltd Common0.75%
Fujitsu Ltd Common Stock0.74%
Sompo Holdings Inc Common0.74%
Nec Corp Common Stock0.72%
Daikin Industries Ltd0.68%
Otsuka Holdings Co Ltd0.67%
Sumitomo Electric0.64%
Komatsu Ltd Common Stock0.64%
Japan Post Bank Co Ltd0.63%
Tdk Corp Common Stock0.59%
Fanuc Corp Common Stock0.58%
Ajinomoto Co Inc Common0.57%
Resona Holdings Inc0.57%
Daiichi Sankyo Co Ltd0.57%
Toyota Tsusho Corp0.56%
Renesas Electronics Corp0.56%

Only in JAPN

33 securities, 91.1% of JAPN by weight

Furuno Electric Co Ltd10.76%
M&A Capital Partners Co Ltd4.84%
Resorttrust Inc4.19%
Furyu Corp4.19%
Finatext Holdings Ltd4.13%
Japan Elevator Service Holdings Co Ltd3.92%
OBIC Business Consultants Co Ltd3.91%
Visional Inc3.76%
ULS Group Inc3.73%
KeePer Technical Laboratory Co Ltd3.64%
Tsuburaya Fields Holdings Inc3.61%
Internet Initiative Japan Inc3.49%
Kotobuki Spirits Co Ltd3.45%
Sega Sammy Holdings Inc2.93%
Oro Co Ltd2.91%
Yonex Co Ltd2.57%
AlphaPolis Co Ltd2.26%
Transaction Co Ltd2.18%
Starts Publishing Corp2.02%
IG Port Inc2.00%
Macnica Holdings Inc1.90%
Sanrio Co Ltd1.85%
Us Bank Mmda - Usbgfs 7 06/01/20311.83%
Ceres Inc/Japan1.50%
Net Protections Holdings Inc1.46%
Tomy Co Ltd1.45%
Towa Corp1.41%
Smaregi Inc1.24%
U-Next Holdings Co Ltd1.07%
Sysmex Corp1.03%
Digital Garage Inc0.92%
Rorze Corp0.90%
Japanese Yen<0.01%

Weight gaps

All 3 Holdings in both funds, largest gap first.

Holding weights in BBJP and JAPN, widest gap first
Holding	More in BBJPMore in JAPN	BBJP	JAPN
Hikari Tsushin Inc	JAPN +3.59 points	0.08%	3.67%
Pan Pacific	JAPN +2.67 points	0.23%	2.90%
M3 Inc Common Stock Jpy	JAPN +1.71 points	0.10%	1.81%

All 174 BBJP holdings⁠All JAPN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BBJP vs JAPN Cost

Overpaying JAPN vs BBJP

$12,247

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

BBJP 0.19%
$3,952
JAPN 0.85%
$16,199

Amount$10,000

Years30 years

Cost over time

BBJP 0.19%
JAPN 0.85%
Overpaying

Year by year

Year	BBJP	JAPN	Overpaying
10	$347	$1,508	$1,161
20	$1,351	$5,706	$4,355
30	$3,952	$16,199	$12,247

Expense ratio

0.19%BBJP, cheaper
0.85%JAPN

BBJP0.19%JAPN0.85%

0.09%1.92%

Middle half of Japan funds
Median 0.54%

BBJP 3rd cheapest of 18 funds

JAPN 15th cheapest of 18 funds

BBJP vs JAPN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BBJP 4.71%; JAPN No data
Payout (12M): BBJP $3.54; JAPN No data
Last payment: BBJP $3.54; JAPN $0.06
Ex-dividend: BBJP Dec 23, 2025; JAPN Dec 23, 2025
Paid on: BBJP Dec 26, 2025; JAPN Dec 24, 2025
Frequency: BBJP Annual; JAPN Irregular

Distribution history

Per share, 2018 to 2026, same scale for both

BBJPAnnual · 8 paymentsAll BBJP payments⁠

JAPNIrregular · 1 paymentAll JAPN payments⁠

BBJP vs JAPN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BBJP 12.5%JAPN 16.1%since Jun 2025
Return per unit of riskSharpe ratio, 3 years: BBJP 1.14JAPN −0.30since Jun 2025
Worst fallMax drawdown, 5 years: BBJP −29.1%JAPN −24.0%since May 2025
Market sensitivityBeta, 5 years: BBJP 0.82JAPN 0.46; Market = 1

BBJP and JAPN in the news

All news⁠

News
Japan wholesale prices rise 7.6%, confirming a Bank of Japan hike already priced for next week
Sep 11, 2026BBJP

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BBJP vs JAPN

In short

Stated mandate

Why people hold it

Worth knowing

How BBJP and JAPN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBJP

Only in JAPN

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Japan wholesale prices rise 7.6%, confirming a Bank of Japan hike already priced for next week

How BBJP and JAPN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBJP

Only in JAPN

Weight gaps