Betashares Japan Currency Hedged ETF (ASX:HJPN): Japanese Exporter Exposure With a Currency Hedge

Sonal Goyal

20 October 2026 05:41 PM AEDT

Betashares Japan Currency Hedged ETF (ASX:HJPN): Japanese Exporter Exposure With a Currency Hedge

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Key highlights

ASX:HJPN gives 100% country exposure to Japan through 140 companies.
The fund tracks the S&P Japan Exporters Hedged Net Return Index in Australian dollars.
Mitsubishi UFJ Financial Group (6.11%) and Toyota Motor (5.23%) are the largest holdings.

The Betashares Japan Currency Hedged ETF (ASX:HJPN) gives investors exposure to Japanese companies with a currency hedge designed to reduce the effect of yen and Australian dollar movements. It follows an index focused on Japanese exporters.

About the Fund

HJPN was admitted to the ASX on 12 May 2016 and is classified in the Equity Japan category. Its benchmark is the S&P Japan Exporters Hedged Net Return Index in Australian dollars, and the fund adopts a full replication strategy. It has about $349.34 million in assets, and the management fee is 0.56%.

Country exposure

The fund’s entire country allocation is to Japan (100%).

Every holding is a company with a market value above $1 billion, and the fund is fully invested in stocks.

Portfolio holdings

The portfolio holds 140 companies, with top ten holdings making up 38.34% of the fund. The largest positions are Mitsubishi UFJ Financial Group Inc (6.11%), Toyota Motor Corp (5.23%), Recruit Holdings Co Ltd (3.75%), Sumitomo Mitsui Financial Group Inc (3.73%) and Tokyo Electron Ltd (3.69%).

The top ten also include Sony Group, Hitachi, Advantest, Mizuho Financial Group and Mitsubishi Corp, which spreads the portfolio across banking, automotive, technology and trading company names.

Understanding the exposure

The five largest positions add up to 22.51% of the fund, which shows how much of the exposure rests on a small number of names. The remaining 130 holdings share the other 61.66% of the portfolio, an average of about 0.47% each. Every holding is based in Japan, so the fund’s exposure sits entirely in that one market and it has no allocation to other countries.

Fees, size and distributions

The most recent distribution was a final distribution of $1.803 per unit, with an ex-date of 1 July 2026 and payment on 16 July 2026, and the reported annual yield is 6.41%.

Fund structure and reporting

HJPN has an ISIN of AU00000HJPN5 and a head office at Level 46, 180 George Street, Sydney. Recent ASX announcements from the fund include a units-on-issue disclosure for September 2026, the annual report lodged on 25 September 2026 and estimated annual distribution component information.

Equity Japan funds are dedicated to investing in securities originating from companies domiciled in Japan, with Japanese stocks accounting for at least 75% of the portfolio holdings.

Units in HJPN are quoted on the ASX and can be bought and sold through a broker during trading hours, in the same way as shares, so the exposure described above is available without buying each holding separately. The fund follows a rules-based index, so its holdings and weightings are set by the index methodology and adjusted when the index is rebalanced.

FAQs

Q: How many companies does it hold?

A:140 companies.

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