# HSBC MSCI Japan UCITS ETF (HMJA) **Page:** https://fundology.uk/fund/hmja · ISIN IE0006RFB3X2 ## 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, HMJA (HSBC MSCI Japan UCITS ETF, ISIN IE0006RFB3X2) closed at $61.02 on the London Stock Exchange. Its ongoing charge is 0.13% a year (about £13 on £10,000). Over the three years to 13/11/2026 its price changed by +54.3%, or +39.4% after UK CPIH inflation. ## Summary HSBC MSCI Japan UCITS ETF Accum Shs USD is an exchange-traded fund (ETF) from HSBC, launched in 2022. 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 0.13% a year — about £13 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: **$61.02** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HMJA | | ISIN | IE0006RFB3X2 | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | HSBC | | Tracks | MSCI Japan | | Income | Accumulating | | Ongoing charge | 0.13% a year (£13 per £10,000) | | Fund size | £13.5m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2022 | ## 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 | +14.08% | +10.04% | income reinvested | | 3 years | +54.29% | +39.39% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of HSBC MSCI Japan UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund): 2023 +14.0%, 2024 +9.8%, 2025 +17.1%; 2026 to 13/11/2026 +15.1%. Returns of HSBC MSCI Japan UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +27.0%; to 30/09/2025: +16.4%; to 30/09/2024: +11.5%; to 30/09/2023: +11.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +14.0% | +9.5% | Price | | 2024 | +9.8% | +6.0% | Price | | 2025 | +17.1% | +13.1% | Price | | 2026 to 13/11/2026 | +15.1% | +11.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 21.12% | -11.04% | | 3 years | 17.75% | -13.57% | ## Largest fall Volatility of HSBC MSCI Japan UCITS ETF Accum Shs USD in pounds, annualised from weekly returns to 13/11/2026: 21.1% over 1 year, 17.7% over 3 years. Largest fall in the price of HSBC MSCI Japan UCITS ETF Accum Shs USD since July 2022, in pounds: −13.6% from 22/03/2024 to 04/04/2025. The lowest 12-month return of HSBC MSCI Japan UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund) since July 2022 was −11.0% (12 months to 04/04/2025); the highest was +42.4% (12 months to 19/06/2026). On 13/11/2026 the price of HSBC MSCI Japan UCITS ETF Accum Shs USD was 7.5% below its highest weekly close since July 2022 (02/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC MSCI Japan UCITS ETF Accum Shs USD 0.13% a year. Compared on 14/11/2026, 84 of the 108 other Japan and Asia Pacific share funds charge more, 1 the same and 23 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 (this fund) | 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 | 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): **0.13%** 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 06/11/2026, HMJA holds 168 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.55% of the fund; the ten largest make up 29.8%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Mitsubishi UFJ Financial Group | [8306](https://fundology.uk/stock/8306) | 4.55% | | 2 | Toyota Motor | [7203](https://fundology.uk/stock/7203) | 4.18% | | 3 | Sony Group | [6758](https://fundology.uk/stock/6758) | 3.18% | | 4 | Recruit | [6098](https://fundology.uk/stock/6098) | 2.98% | | 5 | Sumitomo Mitsui Financial Group | [8316](https://fundology.uk/stock/8316) | 2.89% | | 6 | Advantest | [6857](https://fundology.uk/stock/6857) | 2.71% | | 7 | Hitachi | [6501](https://fundology.uk/stock/6501) | 2.66% | | 8 | Tokyo Electron | [8035](https://fundology.uk/stock/8035) | 2.42% | | 9 | Mizuho Financial Group | [8411](https://fundology.uk/stock/8411) | 2.21% | | 10 | Tokio Marine | [8766](https://fundology.uk/stock/8766) | 2.05% | All 168 holdings: https://fundology.uk/fund/hmja/holdings ## Questions people ask **What is the ongoing charge of HMJA?** The ongoing charge of HMJA is 0.13% a year — about £13 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 HSBC MSCI Japan UCITS ETF Accum Shs USD 0.13% a year. Compared on 14/11/2026, 84 of the 108 other Japan and Asia Pacific share funds charge more, 1 the same and 23 less (share classes counted once). **What does HMJA track?** HMJA tracks the MSCI Japan — large and medium-sized Japanese companies. **Is HMJA accumulating or distributing?** HMJA 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 HMJA?** The ISIN of HMJA is IE0006RFB3X2. An ISIN identifies one exact share class of a fund; HMJA is its ticker on the London Stock Exchange. **What does HMJA hold?** As of 06/11/2026, HMJA holds 168 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.55% of the fund; the ten largest make up 29.8%. Its ten largest holdings are Mitsubishi UFJ Financial Group (4.55%), Toyota Motor (4.18%), Sony Group (3.18%), Recruit (2.98%), Sumitomo Mitsui Financial Group (2.89%), Advantest (2.71%), Hitachi (2.66%), Tokyo Electron (2.42%), Mizuho Financial Group (2.21%) and Tokio Marine (2.05%). **What were HMJA’s returns in each of the last five years?** Calendar-year returns of HMJA in pounds (price, with income reinvested in the fund): 2023 +14.0%, 2024 +9.8%, 2025 +17.1%; 2026 to 13/11/2026 +15.1%. Past performance is not a guide to future returns. **How has HMJA done after inflation?** Over the three years to 13/11/2026 HMJA’s price changed by +54.3%, or +39.4% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at HSBC Asset Management](https://www.assetmanagement.hsbc.co.uk/en/individual-investor/funds/ie0006rfb3x2) - [Key investor information document (KIID)](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie0006rfb3x2/gb/en/kiid) - [Factsheet](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie0006rfb3x2/gb/en/factsheet) - 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.