ETF · iShares
IJPD iShares MSCI Japan USD Hedged UCITS ETF
ISIN IE00BCLWRG39London Stock Exchange: IJPDBlackRock, Inc.
- Japan & Asia Pacific
- ETF
- ISA
- SIPP
- Accumulating
- USD hedged
Latest close
LSE$117.37
on
- Ongoing charge
- 0.64% a year
- Fund size
- £447m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, IJPD (iShares MSCI Japan USD Hedged UCITS ETF, ISIN IE00BCLWRG39) closed at $117.37 on the London Stock Exchange. Its ongoing charge is 0.64% a year (about £64 on £10,000). Over the five years to 13/11/2026 its total return was +152.0%, or +96.7% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +21.6%
- +17.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +80.4%
- +63.0% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +152.0%
- +96.7% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,520 on 13/11/2026 — about £1,967 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares MSCI Japan USD Hedged UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +8.6%, 2023 +28.2%, 2024 +27.1%, 2025 +19.8%; 2026 to 13/11/2026 +20.1%. Returns of iShares MSCI Japan USD Hedged UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +38.6%; to 30/09/2025: +24.1%; to 30/09/2024: +11.6%; to 30/09/2023: +20.3%; to 30/09/2022: +17.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +20.1% | +16.2% | |
| to | +19.8% | +15.7% | |
| to | +27.1% | +22.8% | |
| +28.2% | +23.1% | ||
| +8.6% | −0.6% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +38.6% | +33.7% |
| from | +24.1% | +19.3% |
| from | +11.6% | +8.8% |
| from | +20.3% | +13.1% |
| from | +17.3% | +7.8% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
18.1%over 5 years
| 1 year | 19.7% |
|---|---|
| 3 years | 19.6% |
| 5 years | 18.1% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −18.3%
- From to
- Lowest 12-month return
- −11.7%
- 12 months to
- Highest 12-month return
- +61.5%
- 12 months to
- Below its highest weekly close since November 2021
- 6.0%
- High of , latest
In words: Volatility of iShares MSCI Japan USD Hedged UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 19.7% over 1 year, 19.6% over 3 years, 18.1% over 5 years. Largest fall in the price of iShares MSCI Japan USD Hedged UCITS ETF since November 2021, in pounds: −18.3% from 24/01/2025 to 04/04/2025. The lowest 12-month return of iShares MSCI Japan USD Hedged UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −11.7% (12 months to 11/04/2025); the highest was +61.5% (12 months to 19/06/2026). On 13/11/2026 the price of iShares MSCI Japan USD Hedged UCITS ETF was 6.0% below its highest weekly close since November 2021 (02/10/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.64%
- a year
- On £10,000
- £64
- a year, roughly
- Over five years
- £316
- of £10,000, before growth
- 104 charge less
- 3 the same
- 1 charge more
Ongoing charge of iShares MSCI Japan USD Hedged UCITS ETF 0.64% a year. Compared on 14/11/2026, 1 of the 108 other Japan and Asia Pacific share funds charge more, 3 the same and 104 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares MSCI Japan USD Hedged UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2013.
It tracks the MSCI Japan 100% Hedged to USD Net Variant — 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 0.64% a year — about £64 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 US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk.
Japan & Asia Pacific: Companies in Japan, Australia, Hong Kong, Singapore and the wider Pacific region.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- IJPD
- ISIN
- IE00BCLWRG39
- Provider
- iShares
- Tracks
- MSCI Japan 100% Hedged to USD Net Variant
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.64% a year · about £64 on £10,000
- Fund size
- £447m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to US dollars
- Price currency
- USD
- Category
- Japan & Asia Pacific
Price chart
Over the last year, the closing price went from $97.55 on 14/11/2025 to $117.37 on 13/11/2026 (+20.3%). The lowest close shown was $94.83 on 21/11/2025 and the highest $125.21 on 14/08/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 168
- on record
- Ten largest
- 29.6%
- of the whole fund
- Effective number of holdings
- 67
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 4.5%
- Mitsubishi UFJ Financial Group
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Mitsubishi UFJ Financial Group8306Financials | 4.52% |
| 2 | Toyota Motor7203Consumer Discretionary | 4.15% |
| 3 | Sony Group6758Consumer Discretionary | 3.16% |
| 4 | Recruit6098Industrials | 2.96% |
| 5 | Sumitomo Mitsui Financial Group8316Financials | 2.87% |
| 6 | Advantest6857Information Technology | 2.69% |
| 7 | Hitachi6501Industrials | 2.64% |
| 8 | Tokyo Electron8035Information Technology | 2.41% |
| 9 | Mizuho Financial Group8411Financials | 2.19% |
| 10 | Tokio Marine8766Financials | 2.01% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Industrials23.9%
- Financials19.1%
- Consumer Discretionary16.6%
- Information Technology15.3%
- Communication Services6.5%
- Health Care6.0%
- Consumer Staples3.9%
- Materials3.5%
- Other sectors5.6%
By type of asset
- Equity98.4%
- Cash and money market1.1%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 167 holdings; the ten largest make up 29.6% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (154 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of IJPD?
The ongoing charge of IJPD is 0.64% a year — about £64 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 iShares MSCI Japan USD Hedged UCITS ETF 0.64% a year. Compared on 14/11/2026, 1 of the 108 other Japan and Asia Pacific share funds charge more, 3 the same and 104 less (share classes counted once).
What does IJPD track?
IJPD tracks the MSCI Japan 100% Hedged to USD Net Variant — large and medium-sized Japanese companies.
Is IJPD accumulating or distributing?
IJPD 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 IJPD?
The ISIN of IJPD is IE00BCLWRG39. An ISIN identifies one exact share class of a fund; IJPD is its ticker on the London Stock Exchange.
What does IJPD hold?
As of 06/11/2026, IJPD holds 167 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.52% of the fund; the ten largest make up 29.6%. Its ten largest holdings are Mitsubishi UFJ Financial Group (4.52%), Toyota Motor (4.15%), Sony Group (3.16%), Recruit (2.96%), Sumitomo Mitsui Financial Group (2.87%), Advantest (2.69%), Hitachi (2.64%), Tokyo Electron (2.41%), Mizuho Financial Group (2.19%) and Tokio Marine (2.01%).
What were IJPD’s returns in each of the last five years?
Calendar-year returns of IJPD in pounds (price, with income reinvested in the fund): 2022 +8.6%, 2023 +28.2%, 2024 +27.1%, 2025 +19.8%; 2026 to 13/11/2026 +20.1%. Past performance is not a guide to future returns.
How has IJPD done after inflation?
Over the five years to 13/11/2026 IJPD’s total return was +152.0%, or +96.7% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SJPAiShares Core MSCI Japan IMI UCITS ETF0.12% a year · £6.0bn
- XMJPXtrackers MSCI JAPAN UCITS ETF Capitalisation 1C0.12% a year · £5.0bn
- LCJPAmundi Core MSCI Japan UCITS ETF Acc0.12% a year · £4.3bn
- 0DZWUBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation0.12% a year · £3.7bn
- IJPNiShares MSCI Japan UCITS ETF USD (Dist)0.12% a year · £3.6bn
- CPJ1iShares Core MSCI Pacific ex Japan UCITS ETF0.20% a year · £3.2bn
- VJPNVanguard FTSE Japan UCITS ETF0.10% a year · £2.3bn
- PRIJAmundi Index Solutions - Prime Japan0.08% a year · £2.3bn
Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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