iShares JPX-Nikkei 400 ETF

iShares JPX-Nikkei 400 ETF

About

iShares JPX-Nikkei 400 ETF (US4642873826) is a US-listed equity ETF tracking the JPX-Nikkei Index 400. With a expense ratio of 0.48%, its costs are on the higher end for an ETF, paying distributions. The fund holds 394 positions across 1 region with 138M in assets, with heavy concentration — 99% in Japan.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.7 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.1
Liquidity (25%) 6.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker JPXN
ISIN
Fund Size $137.8M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Oct 2001
Base Currency USD
Index JPX-Nikkei Index 400
Asset Class Equities
Category Japanese Equity

Costs

7.7
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.48%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +31.01%
3 Years +19.73%
5 Years +9.06%
10 Years +9.06%
YTD +16.10%
Since Inception +5.54%

Holdings

This fund invests into 394 individual investments.
#1
Tokyo Electron Ltd
2.86%
#2
Murata Manufacturing Co Ltd
2.80%
#3
SoftBank Group Corp
2.78%
#4
Advantest Corp
2.39%
#5
Mizuho Financial Group Inc
2.18%
#6
Sumitomo Mitsui Financial Group Inc
1.97%
#7
Mitsubishi UFJ Financial Group Inc
1.71%
#8
Mitsui & Co Ltd
1.67%
#9
Mitsubishi Electric Corp
1.67%
#10
Mitsubishi Corp
1.64%
View all holdings (50)
# Holding Ticker Weight
1 Tokyo Electron Ltd 8035 285.96%
2 Murata Manufacturing Co Ltd 6981 280.41%
3 SoftBank Group Corp 9984 277.96%
4 Advantest Corp 6857 239.43%
5 Mizuho Financial Group Inc 8411 217.53%
6 Sumitomo Mitsui Financial Group Inc 8316 197.36%
7 Mitsubishi UFJ Financial Group Inc 8306 171.29%
8 Mitsui & Co Ltd 8031 166.88%
9 Mitsubishi Electric Corp 6503 166.81%
10 Mitsubishi Corp 8058 164.39%
11 Shin-Etsu Chemical Co Ltd 4063 162.42%
12 Fast Retailing Co Ltd 9983 148.17%
13 Keyence Corp 6861 143.66%
14 Hoya Corp 7741 133.28%
15 Tokio Marine Holdings Inc 8766 133.20%
16 Panasonic Holdings Corp 6752 130.91%
17 ITOCHU Corp 8001 129.23%
18 Recruit Holdings Co Ltd 6098 125.17%
19 Mitsubishi Heavy Industries Ltd 7011 122.49%
20 Sumitomo Electric Industries Ltd 5802 122.07%
21 Toyota Motor Corp 7203 117.69%
22 Hitachi Ltd 6501 117.61%
23 Renesas Electronics Corp 6723 114.92%
24 Disco Corp 6146 104.80%
25 Fujikura Ltd 5803 101.93%
26 Sumitomo Corp 8053 100.62%
27 Marubeni Corp 8002 98.69%
28 KDDI Corp 9433 95.18%
29 ORIX Corp 8591 93.69%
30 NTT Inc 9432 91.32%
31 Japan Tobacco Inc 2914 89.99%
32 FANUC Corp 6954 89.17%
33 Sony Group Corp 6758 89.15%
34 Daiichi Life Group Inc 8750 85.86%
35 SoftBank Corp 9434 84.40%
36 TDK Corp 6762 83.64%
37 Ibiden Co Ltd 4062 80.84%
38 Komatsu Ltd 6301 80.14%
39 Daikin Industries Ltd 6367 78.64%
40 Sompo Holdings Inc 8630 78.29%
41 Fujitsu Ltd 6702 73.99%
42 JPY CASH JPY 69.49%
43 MS&AD Insurance Group Holdings Inc 8725 69.28%
44 Ajinomoto Co Inc 2802 68.29%
45 Resona Holdings Inc 8308 65.96%
46 Honda Motor Co Ltd 7267 65.67%
47 NEC Corp 6701 61.48%
48 Mitsubishi Estate Co Ltd 8802 59.99%
49 Chugai Pharmaceutical Co Ltd 4519 59.02%
50 Otsuka Holdings Co Ltd 4578 58.65%

Sectors

Allocation by industry sector.
 
Sector Weight
Industrials 2521.00%
Technology 1950.00%
Financials 1434.00%
Consumer Discretionary 1301.00%
Communication Services 698.00%
Materials 550.00%
Health Care 518.00%
Consumer Staples 465.00%
Real Estate 224.00%
Utilities 140.00%
Energy 120.00%
Unknown 79.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Japan 9922.00%
UNKNOWN 78.00%

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