Key Highlights

  • The fund holds 140 Japanese companies by full replication, with the top ten at 38.34%.
  • Industrials (25.33%) and Technology (23.95%) are the largest sectors.
  • The management fee is 0.56% and reported turnover is 125.75%.
  • The July 2026 distribution of $1.803 is higher than the $1.156 paid in July 2024.

Betashares Japan Currency Hedged ETF (ASX:HJPN) seeks to achieve its investment objective by adopting a full replication strategy on its Japanese equity index, hedged to Australian dollars. The fund was admitted to the ASX on 12 May 2016 and last traded at $30.98 on 13 October 2026. It reports a fund size of $359.77 million.

Detail

Information

Ticker

ASX:HJPN

Fund

Betashares Japan Currency Hedged ETF

Category

Equity Japan

Benchmark

S&P Japan Exporters Hedged NR AUD

Fund size

$359.77 million

Management fee

0.56%

Total holdings

140

ASX admission date

12 May 2016

Holdings and turnover

The ten largest positions represent 38.34% of the fund. Mitsubishi UFJ Financial Group leads at 6.11%, followed by Toyota Motor (5.23%), Recruit Holdings (3.75%), Sumitomo Mitsui Financial Group (3.73%) and Tokyo Electron (3.69%).

Sony Group, Hitachi and Advantest each hold 3.45%, Mizuho Financial Group 2.94% and Mitsubishi Corp 2.49%. Reported turnover is 125.75%, compared with 1.28% for the unhedged iShares MSCI Japan ETF (ASX:IJP).

Sector and country exposure

Industrials holds 25.33%, close to the 26.14% category figure, and Technology 23.95%, against 21.63%. Financial Services holds 15.54%, below the 17.84% category weighting, and Consumer Cyclical 14.02%, against 11.72%. Healthcare holds 7.01%, against 4.88%.

Japan accounts for 100% of the fund, and every holding exceeds $1 billion in market capitalisation.

Fee, risk and distributions

The management fee is 0.56% a year. The fund reports a beta of 1.30 and a standard deviation of 21.64. The final distribution of $1.803 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 16 July, equal to an annual yield of 6.23%.

That is higher than the $0.153 paid in January 2026, $0.125 in January 2025, $1.156 in July 2024 and $0.084 in January 2024.

Category classification and liquidity

Morningstar places the fund in the Equity Japan category, which covers funds investing primarily in companies domiciled in Japan, with Japanese stocks accounting for at least 75% of portfolio holdings.

Liquidity indicators add a further view. There are 11,457,691 units on issue, and average daily trading volume is 36,761 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 14,400 to 48,500 units, with 24,550 recorded on 13 October while the market was still open. The bid-offer range stood at $30.80 to $31.02, and the day range at $30.84 to $31.45. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged the Units on Issue Disclosure for September 2026 on 6 October and the Annual Report on 25 September. Disclosures for August and July followed on 4 September and 6 August, and Estimated Annual Distribution Component Information on 8 July.

Closing Perspective

HJPN provides hedged exposure to Japanese shares at a 0.56% fee, with turnover of 125.75% unusually high for a replication fund. Its distributions are concentrated in July. These facts describe the fund and do not forecast outcomes.