# iShares MSCI Japan Small Cap UCITS ETF (ISJP)

**Source:** https://fundology.uk/fund/isjp · ISIN IE00B2QWDY88 · 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, ISJP (iShares MSCI Japan Small Cap UCITS ETF, ISIN IE00B2QWDY88) closed at £46.83 on the London Stock Exchange. Its ongoing charge is 0.58% a year (about £58 on £10,000). Over the five years to 30/09/2026 its total return was +47.1%, or +15.0% after UK CPIH inflation.

## Summary

iShares MSCI Japan Small Cap UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2008. It tracks the MSCI Japan Small Cap — 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 0.58% a year — about £58 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£46.83** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ISJP |
| ISIN | IE00B2QWDY88 |
| Category | Smaller companies |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Japan Small Cap |
| Income | Distributing |
| Ongoing charge | 0.58% a year (£58 per £10,000) |
| Fund size | £393m |
| Launched | 2008 |
| 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 | +23.75% | +19.87% | income reinvested |
| 3 years | +58.42% | +42.95% | income reinvested |
| 5 years | +47.11% | +15.00% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares MSCI Japan Small Cap UCITS ETF in pounds (price only, income paid out not included): 2022 −4.0%, 2023 +5.0%, 2024 +3.3%, 2025 +17.9%; 2026 to 30/09/2026 +20.9%. Returns of iShares MSCI Japan Small Cap UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +22.4%; to 30/09/2025: +16.7%; to 30/09/2024: +5.7%; to 30/09/2023: +4.4%; to 30/09/2022: −14.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -4.0% | -12.1% | Price |
| 2023 | +5.0% | +0.8% | Price |
| 2024 | +3.3% | -0.3% | Price |
| 2025 | +17.9% | +13.9% | Price |
| 2026 to 30/09/2026 | +20.9% | +17.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.72% | -10.82% |
| 3 years | 14.15% | -10.82% |
| 5 years | 13.65% | -17.58% |

## Largest fall

Volatility of iShares MSCI Japan Small Cap UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 17.7% over 1 year, 14.1% over 3 years, 13.7% over 5 years. Largest fall in the price of iShares MSCI Japan Small Cap UCITS ETF since October 2021, in pounds: −17.6% from 05/11/2021 to 17/06/2022. The lowest 12-month return of iShares MSCI Japan Small Cap UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −15.8% (12 months to 15/04/2022); the highest was +35.2% (12 months to 03/04/2026). On 30/09/2026 the price of iShares MSCI Japan Small Cap UCITS ETF was at its highest weekly close since October 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI Japan Small Cap UCITS ETF 0.58% a year, as of 01/10/2026: 3 of the 32 other smaller-company funds charge more, 1 the same and 28 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.58%** 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.