# iShares MSCI Japan GBP Hedged UCITS ETF (Acc) (IJPH)

**Source:** https://fundology.uk/fund/ijph · ISIN IE00B7XYN974 · 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, IJPH (iShares MSCI Japan GBP Hedged UCITS ETF (Acc), ISIN IE00B7XYN974) closed at £187.24 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 +143.7%, or +90.5% after UK CPIH inflation.

## Summary

iShares MSCI Japan GBP Hedged UCITS ETF (Acc) is an exchange-traded fund (ETF) from iShares, launched in 2012. It tracks the MSCI Japan 100% Hedged to GBP Net Index — 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: **£187.24** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IJPH |
| ISIN | IE00B7XYN974 |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Japan 100% Hedged to GBP Net Index |
| Income | Accumulating |
| Ongoing charge | 0.64% a year (£64 per £10,000) |
| Fund size | £117m |
| Launched | 2012 |
| 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 | +35.44% | +31.19% | income reinvested |
| 3 years | +103.24% | +83.40% | income reinvested |
| 5 years | +143.73% | +90.53% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares MSCI Japan GBP Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund): 2022 −4.3%, 2023 +34.2%, 2024 +25.2%, 2025 +27.6%; 2026 to 30/09/2026 +25.1%. Returns of iShares MSCI Japan GBP Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +37.4%; to 30/09/2025: +24.2%; to 30/09/2024: +21.1%; to 30/09/2023: +32.0%; to 30/09/2022: −9.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -4.3% | -12.4% | Price |
| 2023 | +34.2% | +28.8% | Price |
| 2024 | +25.2% | +20.9% | Price |
| 2025 | +27.6% | +23.2% | Price |
| 2026 to 30/09/2026 | +25.1% | +21.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 18.09% | -9.61% |
| 3 years | 20.06% | -17.00% |
| 5 years | 18.27% | -17.00% |

## Largest fall

Volatility of iShares MSCI Japan GBP Hedged UCITS ETF (Acc) in pounds, annualised from weekly returns to 30/09/2026: 18.1% over 1 year, 20.1% over 3 years, 18.3% over 5 years. Largest fall in the price of iShares MSCI Japan GBP Hedged UCITS ETF (Acc) since October 2021, in pounds: −17.0% from 12/07/2024 to 02/08/2024. The lowest 12-month return of iShares MSCI Japan GBP Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) since January 2021 was −8.6% (12 months to 04/04/2025); the highest was +63.7% (12 months to 10/04/2026). On 30/09/2026 the price of iShares MSCI Japan GBP Hedged UCITS ETF (Acc) was 1.2% below its highest weekly close since October 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI Japan GBP Hedged UCITS ETF (Acc) 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).

## Funds tracking the same index

2 funds track MSCI Japan 100% Hedged to GBP Net Index, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.64% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares MSCI Japan GBP Hedged UCITS ETF (Acc) (this fund) | 0.64% | +35.4% | +103.2% | +143.7% |
| UBS Core MSCI Japan UCITS ETF hGBP dis- Distribution | 0.15% | +36.2% | +106.3% | +149.2% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## 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.
