# Xtrackers MSCI Japan UCITS ETF (0DXV)

**Page:** https://fundology.uk/fund/0dxv · ISIN LU0659580079

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 0DXV (Xtrackers MSCI Japan UCITS ETF, ISIN LU0659580079) closed at €58.83 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was +121.8%, or +73.1% after UK CPIH inflation.

## Summary

Xtrackers MSCI Japan UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2012. It tracks the MSCI Japan Index - USD - Benchmark TR Net — large and medium-sized Japanese companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged to euros, not to the pound: it aims to remove most of the effect of exchange-rate moves against euros, so a holder who counts in pounds still has currency risk.

Latest close: **€58.83** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0DXV |
| ISIN | LU0659580079 |
| Also listed as | XMK9 (Xetra, euros) |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | MSCI Japan Index - USD - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £739m |
| Launched | 2012 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 13/02/2012 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +13.79% | +9.76% | income reinvested |
| 3 years | +77.61% | +60.47% | income reinvested |
| 5 years | +121.77% | +73.10% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers MSCI Japan UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −0.7%, 2023 +30.5%, 2024 +16.3%, 2025 +35.1%; 2026 to 13/11/2026 +11.7%. Returns of Xtrackers MSCI Japan UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +33.3%; to 30/09/2025: +27.9%; to 30/09/2024: +14.8%; to 30/09/2023: +29.1%; to 30/09/2022: −3.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -0.7% | -9.1% | Price |
| 2023 | +30.5% | +25.3% | Price |
| 2024 | +16.3% | +12.3% | Price |
| 2025 | +35.1% | +30.4% | Price |
| 2026 to 13/11/2026 | +11.7% | +8.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.41% | -12.89% |
| 3 years | 20.54% | -17.14% |
| 5 years | 19.18% | -17.14% |

## Largest fall

Volatility of Xtrackers MSCI Japan UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 21.4% over 1 year, 20.5% over 3 years, 19.2% over 5 years. Largest fall in the price of Xtrackers MSCI Japan UCITS ETF since November 2021, in pounds: −17.1% from 05/07/2024 to 02/08/2024. The lowest 12-month return of Xtrackers MSCI Japan UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −9.8% (12 months to 04/04/2025); the highest was +61.5% (12 months to 03/04/2026). On 13/11/2026 the price of Xtrackers MSCI Japan UCITS ETF was 8.2% below its highest weekly close since November 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers MSCI Japan UCITS ETF 0.40% a year. Compared on 14/11/2026, 32 of the 108 other Japan and Asia Pacific share funds charge more, 4 the same and 72 less (share classes counted once).

## Funds tracking the same index

13 funds track MSCI Japan Index - USD - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.40% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC MSCI Japan UCITS ETF Accum Shs USD | 0.13% | +14.1% | — | — |
| HSBC MSCI Japan UCITS ETF USD | 0.12% | +13.4% | +54.8% | +53.2% |
| Invesco MSCI Japan UCITS ETF | 0.12% | +14.0% | +54.6% | +52.9% |
| iShares MSCI Japan UCITS ETF | 0.14% | +13.5% | +54.9% | +52.4% |
| iShares MSCI Japan UCITS ETF USD (Dist) | 0.12% | +13.5% | +54.9% | +52.0% |
| Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc | 0.12% | +13.6% | +54.9% | +53.3% |
| State Street SPDR MSCI Japan UCITS ETF | 0.12% | +13.0% | +56.1% | +53.1% |
| UBS Core MSCI Japan UCITS ETF Capitalisation -USD- | 0.10% | — | — | — |
| UBS Core MSCI Japan UCITS ETF JPY dis Distribution | 0.12% | +13.0% | +56.1% | +53.2% |
| UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation | 0.12% | +13.2% | +54.4% | +53.2% |
| Xtrackers MSCI Japan UCITS ETF (this fund) | 0.40% | +13.8% | +77.6% | +121.8% |
| Xtrackers MSCI Japan UCITS ETF 1D Distribution | 0.12% | +13.5% | — | — |
| Xtrackers MSCI JAPAN UCITS ETF Capitalisation 1C | 0.12% | +13.5% | +55.0% | +53.3% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 15/11/2026, 0DXV holds 169 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.69% of the fund; the ten largest make up 30.2%.

### Top holdings

Largest positions (as of 15/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Mitsubishi UFJ Financial Group | [8306](https://fundology.uk/stock/8306) | 4.69% |
| 2 | Toyota Motor | [7203](https://fundology.uk/stock/7203) | 4.06% |
| 3 | Sony Group | [6758](https://fundology.uk/stock/6758) | 3.12% |
| 4 | Sumitomo Mitsui Financial Group | [8316](https://fundology.uk/stock/8316) | 2.98% |
| 5 | Recruit | [6098](https://fundology.uk/stock/6098) | 2.78% |
| 6 | Hitachi | [6501](https://fundology.uk/stock/6501) | 2.76% |
| 7 | Advantest | [6857](https://fundology.uk/stock/6857) | 2.75% |
| 8 | Tokyo Electron | [8035](https://fundology.uk/stock/8035) | 2.60% |
| 9 | Mizuho Financial Group | [8411](https://fundology.uk/stock/8411) | 2.38% |
| 10 | Mitsubishi | [8058](https://fundology.uk/stock/8058) | 2.05% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

Added up from the fund’s published holdings, as of 15/11/2026.

| Sector | Weight |
|---|---|
| Industrials | 24.3% |
| Financials | 19.7% |
| Consumer Discretionary | 16.3% |
| Information Technology | 15.9% |
| Communication Services | 6.3% |
| Health Care | 6.0% |
| Consumer Staples | 3.8% |
| Materials | 3.7% |
| Other sectors | 4.0% |
| Not classified | 0.1% |

### By type of asset

Added up from the fund’s published holdings, as of 15/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.9% |
| Cash and money market | 0.1% |

The 168 holdings on record (of 169 reported): https://fundology.uk/fund/0dxv/holdings

## Questions people ask

**What is the ongoing charge of 0DXV?**

The ongoing charge of 0DXV is 0.40% a year — about £40 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Xtrackers MSCI Japan UCITS ETF 0.40% a year. Compared on 14/11/2026, 32 of the 108 other Japan and Asia Pacific share funds charge more, 4 the same and 72 less (share classes counted once).

**What does 0DXV track?**

0DXV tracks the MSCI Japan Index - USD - Benchmark TR Net — large and medium-sized Japanese companies.

**Is 0DXV accumulating or distributing?**

0DXV is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0DXV?**

The ISIN of 0DXV is LU0659580079. An ISIN identifies one exact share class of a fund; 0DXV is its ticker on the London Stock Exchange. The same share class is also listed as XMK9 (Xetra, euros).

**What does 0DXV hold?**

As of 15/11/2026, 0DXV holds 169 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.69% of the fund; the ten largest make up 30.2%. Its ten largest holdings are Mitsubishi UFJ Financial Group (4.69%), Toyota Motor (4.06%), Sony Group (3.12%), Sumitomo Mitsui Financial Group (2.98%), Recruit (2.78%), Hitachi (2.76%), Advantest (2.75%), Tokyo Electron (2.60%), Mizuho Financial Group (2.38%) and Mitsubishi (2.05%).

**What were 0DXV’s returns in each of the last five years?**

Calendar-year returns of 0DXV in pounds (price, with income reinvested in the fund): 2022 −0.7%, 2023 +30.5%, 2024 +16.3%, 2025 +35.1%; 2026 to 13/11/2026 +11.7%. Past performance is not a guide to future returns.

**How has 0DXV done after inflation?**

Over the five years to 13/11/2026 0DXV’s total return was +121.8%, or +73.1% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/LU0659580079-msci-japan-ucits-etf-4c-eur-hedged/)
- Links checked 12/10/2026.

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.