Key Highlights

  • HJPN provides currency-hedged exposure to Japanese equities and is benchmarked against the S&P Japan Exporters Hedged NR AUD index, with geographic exposure recorded at 100 percent Japan.
  • The fund reported net Assets of $332.79 million and a management fee of 0.56 percent per annum, having traded on ASX since 12 May 2016.
  • Total return performance was positive across every measured period, including a one-year return of 49.61 percent and a three-year return of 28.26 percent.
  • The fund declared a final distribution of $1.803 per unit, producing an annual distribution Yield of 6.53 percent.

The BetaShares Japan Currency Hedged ETF (ASX:HJPN) seeks to achieve its Investment objective by adopting a full replication strategy, tracking the S&P Japan Exporters Hedged NR AUD index while hedging the underlying yen exposure back to Australian dollars. Admitted to ASX trading on 12 May 2016, the fund is categorised under Equity Japan, distinguishing it from broader regional Asian equity funds through both its single-country focus and its currency hedging overlay.

The fund reported net assets of $332.79 million and 11,107,691 units on issue, with a management fee of 0.56 percent per annum. Risk metrics show a Beta of 1.43 and a Standard Deviation of 21.21, the elevated beta reflecting the fund's tilt toward Japanese exporter companies whose Earnings are sensitive to global trade and currency dynamics.

Sector Composition and Geographic Exposure

HJPN's sector allocation is led by Technology at 28.38 percent, above the Equity Japan category average of 21.63 percent, followed by Industrials at 25.07 percent, close to the category's 26.14 percent. Financial Services stands at 14.11 percent, below the category average of 17.84 percent, while Consumer Cyclical at 13.57 percent is above the category's 11.72 percent. Healthcare exposure of 6.67 percent exceeds the category average of 4.88 percent, and the fund reported no allocation to Real Estate.

Geographic exposure is entirely concentrated in Japan at 100.00 percent, matching the category average precisely. The fund held 100.00 percent of assets in equities, with no cash or bond allocation reported. The portfolio's Turnover ratio was recorded at 125.75 percent, indicating an above-average pace of repositioning relative to more passive single-country index funds.

Holdings, Returns and Distributions

The portfolio's top ten holdings account for 35.85 percent of total assets across 140 companies, reflecting a comparatively diversified structure relative to the fund's single-country mandate. Mitsubishi UFJ Financial Group is the largest holding at 5.41 percent, followed by Tokyo Electron at 5.13 percent and Toyota Motor Corp at 4.58 percent. Sumitomo Mitsui Financial Group, Advantest Corp, Murata Manufacturing, Hitachi, Sony Group, Mizuho Financial Group and Fast Retailing complete the remaining top ten names.

. The fund declared a final distribution of $1.803 per unit, producing an annual distribution yield of 6.53 percent, with an ex-date of 1 July 2026 and payment date of 16 July 2026.

Key Takeaways

HJPN offers investors currency-hedged exposure to Japanese equities, with a particular tilt toward exporter-oriented companies across Technology and Industrials, and a portfolio spread across 140 companies. The fund distinguished itself among its peers examined here through positive total returns across every measured time frame, from one month through to three years, alongside a comparatively elevated distribution yield.