JPXN
iShares JPX-Nikkei 400 ETF
The iShares JPX-Nikkei 400 ETF tracks the investment results of a broad-based benchmark composed of Japanese equities that have been selected based on perceived shareholder-friendly activities.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 134.9 M
ASSETS UNDER MGMT
48 bp
EXPENSES
Fund Basics
| Inception date | Oct 23, 2001 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| SOFTBANK GROUP CORP. | 3.0 % |
| MURATA MANUFACTURING CO LTD | 2.3 % |
| MIZUHO FINANCIAL GROUP INC | 2.1 % |
| TOKYO ELECTRON LTD | 2.0 % |
| ADVANTEST CORP | 2.0 % |
| MITSUI & CO LTD | 1.9 % |
| MITSUBISHI CORP | 1.9 % |
| MITSUBISHI ELECTRIC CORP | 1.9 % |
| SUMITOMO MITSUI FINANCIAL GR | 1.8 % |
| SHIN-ETSU CHEMICAL CO LTD | 1.8 % |
Constituent Breakdown
| Number of holdings | 391 |
| Herfindahl-Hirschman Index | 116 |
| Wgt avg mkt cap (mns) | $47,748 |
| Large cap (>$10bn) | 77.5% |
| Mid cap ($2-10bn) | 19.3% |
| Small cap (<$2bn) | 2.8% |
| Developed mkts. | 110.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
JAPAN | 100.1 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 15.7% | 26.8% | 17.0% | 16.4% | 6.4% | 6.9% | 2.5% | 3.9% |
| Dividend Yield | 0.0% | 4.1% | 3.2% | 3.1% | 2.6% | 2.2% | 1.8% | 1.6% |
| Total Returns | 15.7% | 30.8% | 20.2% | 19.6% | 9.0% | 9.2% | 4.4% | 5.5% | Ann. Volatility | 22.6% | 18.9% | 19.6% | 18.2% | 17.7% | 17.1% | 20.1% | 20.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.07 | 45% |
| MSCI EAFE | 1.10 | 77% |
| MSCI Emg Mkts | 0.68 | 50% |
Liquidity Measures
| Avg. volume (000) | 16 |
| ADV traded (mns) | $2 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $97.60 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 1.06/1.09 |
| Bollinger Bands (Upper/Lower) | $101.65/$95.49 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. JPXN |
Expenses vs. JPXN |
ALTAR Score™ vs. JPXN |
|---|---|---|---|---|
| EWJ | iShares MSCI Japan ETF | 80.3% | +2 bp | -0.4% |
| HEWJ | iShares Currency Hedged MSCI Japan ETF | 79.5% | +2 bp | +0.0% |
| FLJH | Franklin FTSE Japan Hedged ETF | 79.2% | -39 bp | -0.2% |
| BBJP | JPMorgan BetaBuilders Japan ETF | 79.1% | -29 bp | -0.1% |
| FLJP | Franklin FTSE Japan ETF | 78.9% | -39 bp | +0.1% |
| DBJP | Xtrackers MSCI Japan Hedged Equity ETF | 77.9% | -1 bp | -0.7% |
| GSJY | Goldman Sachs ActiveBeta Japan Equity ETF | 68.7% | -23 bp | +0.2% |
| DXJ | WisdomTree Japan Hedged Equity Fund | 59.9% | 0 bp | +0.2% |
| IPAC | iShares Core MSCI Pacific ETF | 56.3% | -39 bp | +0.2% |
| EWJV | iShares MSCI Japan Value ETF | 49.7% | -33 bp | +1.6% |
Risk and Returns: JPXN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.5%
ALTAR SCORE™
34th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 415 funds in the International Equity category with an average
ALTAR Score™ of 6.1% and a standard deviation
of 1.6%. JPXN's ALTAR Score™ is approximately -0.4 standard
deviations above the category average. This places JPXN in the 34th percentile
among funds in the category.
Sell-Side Consensus
$104.26
PRICE TARGET
+4.3%
UPSIDE