# UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation (0DZW)

**Page:** https://fundology.uk/fund/0dzw · ISIN LU0950671825

## 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, 0DZW (UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation, ISIN LU0950671825) closed at ¥5,396.89 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +53.2%, or +19.6% after UK CPIH inflation.

## Summary

UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation is an exchange-traded fund (ETF) from UBS, launched in 2017. It tracks the MSCI Japan — 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 0.12% a year — about £12 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.

Latest close: **¥5,396.89** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0DZW |
| ISIN | LU0950671825 |
| Also listed as | JPNA (London Stock Exchange, US dollars), JPNH (London Stock Exchange, HKD) |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | UBS |
| Tracks | MSCI Japan |
| Income | Accumulating |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £3.7bn |
| Launched | 2017 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 13/07/2017 |

## 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 | +13.17% | +9.16% | income reinvested |
| 3 years | +54.41% | +39.50% | income reinvested |
| 5 years | +53.24% | +19.62% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −6.1%, 2023 +12.5%, 2024 +9.8%, 2025 +16.4%; 2026 to 13/11/2026 +16.3%. Returns of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +27.5%; to 30/09/2025: +15.9%; to 30/09/2024: +11.4%; to 30/09/2023: +12.3%; to 30/09/2022: −13.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -6.1% | -14.0% | Price |
| 2023 | +12.5% | +8.0% | Price |
| 2024 | +9.8% | +6.1% | Price |
| 2025 | +16.4% | +12.4% | Price |
| 2026 to 13/11/2026 | +16.3% | +12.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.82% | -11.19% |
| 3 years | 17.24% | -15.08% |

## Largest fall

Volatility of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 19.8% over 1 year, 17.2% over 3 years. Largest fall in the price of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation since November 2021, in pounds: −16.6% from 19/11/2021 to 28/10/2022. The lowest 12-month return of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds (price, with income reinvested in the fund) since July 2021 was −11.8% (12 months to 04/04/2025); the highest was +42.0% (12 months to 19/06/2026). On 13/11/2026 the price of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation was 7.0% below its highest weekly close since November 2021 (02/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation 0.12% a year. Compared on 14/11/2026, 86 of the 108 other Japan and Asia Pacific share funds charge more, 10 the same and 12 less (share classes counted once).

## Funds tracking the same index

13 funds track MSCI Japan, 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 (this fund) | 0.12% | +13.2% | +54.4% | +53.2% |
| Xtrackers MSCI Japan UCITS ETF | 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): **0.12%** per year
- 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.

## Questions people ask

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

The ongoing charge of 0DZW is 0.12% a year — about £12 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 UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation 0.12% a year. Compared on 14/11/2026, 86 of the 108 other Japan and Asia Pacific share funds charge more, 10 the same and 12 less (share classes counted once).

**What does 0DZW track?**

0DZW tracks the MSCI Japan — large and medium-sized Japanese companies.

**Is 0DZW accumulating or distributing?**

0DZW 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 0DZW?**

The ISIN of 0DZW is LU0950671825. An ISIN identifies one exact share class of a fund; 0DZW is its ticker on the London Stock Exchange. The same share class is also listed as JPNA (London Stock Exchange, US dollars) and JPNH (London Stock Exchange, HKD).

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

Calendar-year returns of 0DZW in pounds (price, with income reinvested in the fund): 2022 −6.1%, 2023 +12.5%, 2024 +9.8%, 2025 +16.4%; 2026 to 13/11/2026 +16.3%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 0DZW’s total return was +53.2%, or +19.6% after UK CPIH inflation. Past performance is not a guide to future returns.

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