# iShares MSCI Japan USD Hedged UCITS ETF (IJPD)

**Source:** https://fundology.uk/fund/ijpd · ISIN IE00BCLWRG39 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, IJPD (iShares MSCI Japan USD Hedged UCITS ETF, ISIN IE00BCLWRG39) closed at $123.73 on the London Stock Exchange. Its ongoing charge is 0.64% a year (about £64 on £10,000). Over the five years to 30/09/2026 its total return was +153.9%, or +98.5% after UK CPIH inflation.

## Summary

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: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **$123.73** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IJPD |
| ISIN | IE00BCLWRG39 |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Japan 100% Hedged to USD Net Variant |
| Income | Accumulating |
| Ongoing charge | 0.64% a year (£64 per £10,000) |
| Fund size | £335m |
| Launched | 2013 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +37.28% | +32.98% | income reinvested |
| 3 years | +88.75% | +70.32% | income reinvested |
| 5 years | +153.88% | +98.46% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year 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 +26.9%, 2025 +18.6%; 2026 to 30/09/2026 +27.4%. 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: +38.2%; to 30/09/2025: +24.5%; to 30/09/2024: +11.6%; to 30/09/2023: +20.3%; to 30/09/2022: +13.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +8.6% | -0.6% | Price |
| 2023 | +28.2% | +23.1% | Price |
| 2024 | +26.9% | +22.6% | Price |
| 2025 | +18.6% | +14.5% | Price |
| 2026 to 30/09/2026 | +27.4% | +23.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 18.95% | -8.62% |
| 3 years | 19.46% | -18.33% |
| 5 years | 17.95% | -18.33% |

## Largest fall

Volatility of iShares MSCI Japan USD Hedged UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 19.0% over 1 year, 19.5% over 3 years, 17.9% over 5 years. Largest fall in the price of iShares MSCI Japan USD Hedged UCITS ETF since October 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 30/09/2026 the price of iShares MSCI Japan USD Hedged UCITS ETF was at its highest weekly close since October 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI Japan USD Hedged UCITS ETF 0.64% a year, as of 01/10/2026: 0 of the 92 other Japan and Asia Pacific share funds charge more, 3 the same and 89 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.64%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.