# State Street SPDR MSCI Japan UCITS ETF (JPJP)

**Source:** https://fundology.uk/fund/jpjp · ISIN IE00BZ0G8B96 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (SPDR), 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 01/10/2026, JPJP (State Street SPDR MSCI Japan UCITS ETF, ISIN IE00BZ0G8B96) closed at £68.37 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 01/10/2026 its total return was +60.2%, or +25.2% after UK CPIH inflation.

## Summary

State Street SPDR MSCI Japan UCITS ETF is an exchange-traded fund (ETF) from SPDR, launched in 2015. 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 0.12% a year — about £12 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: **£68.37** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JPJP |
| ISIN | IE00BZ0G8B96 |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | SPDR |
| Tracks | MSCI Japan |
| Income | Accumulating |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £713m |
| Launched | 2015 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

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 | +28.22% | +24.19% | income reinvested |
| 3 years | +63.61% | +47.64% | income reinvested |
| 5 years | +60.19% | +25.23% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of State Street SPDR MSCI Japan UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −7.2%, 2023 +14.0%, 2024 +9.6%, 2025 +16.7%; 2026 to 01/10/2026 +23.5%. Returns of State Street SPDR MSCI Japan UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +29.1%; to 30/09/2025: +15.0%; to 30/09/2024: +10.7%; to 30/09/2023: +13.7%; to 30/09/2022: −14.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -7.2% | -15.0% | Price |
| 2023 | +14.0% | +9.4% | Price |
| 2024 | +9.6% | +5.9% | Price |
| 2025 | +16.7% | +12.7% | Price |
| 2026 to 01/10/2026 | +23.5% | +20.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.15% | -10.70% |
| 3 years | 17.16% | -13.22% |
| 5 years | 15.93% | -16.24% |

## Largest fall

Volatility of State Street SPDR MSCI Japan UCITS ETF in pounds, annualised from weekly returns to 01/10/2026: 19.2% over 1 year, 17.2% over 3 years, 15.9% over 5 years. Largest fall in the price of State Street SPDR MSCI Japan UCITS ETF since October 2021, in pounds: −16.2% from 12/11/2021 to 17/06/2022. The lowest 12-month return of State Street SPDR MSCI Japan UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −13.1% (12 months to 16/09/2022); the highest was +42.1% (12 months to 19/06/2026). On 01/10/2026 the price of State Street SPDR MSCI Japan UCITS ETF was at its highest weekly close since October 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of State Street SPDR MSCI Japan UCITS ETF 0.12% a year, as of 02/10/2026: 75 of the 92 other Japan and Asia Pacific share funds charge more, 7 the same and 10 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 0.48% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC MSCI Japan UCITS ETF Accum Shs USD | 0.19% | +28.8% | +41.3% | — |
| HSBC MSCI Japan UCITS ETF USD | 0.12% | +28.2% | +63.9% | +60.4% |
| Invesco MSCI Japan UCITS ETF | 0.19% | +28.7% | +66.2% | +61.4% |
| iShares MSCI Japan UCITS ETF | 0.48% | +28.3% | +63.9% | +59.5% |
| iShares MSCI Japan UCITS ETF USD (Dist) | 0.12% | +28.3% | +63.9% | +59.0% |
| Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc | 0.12% | +28.2% | +63.7% | +60.2% |
| State Street SPDR MSCI Japan UCITS ETF (this fund) | 0.12% | +28.2% | +63.6% | +60.2% |
| UBS Core MSCI Japan UCITS ETF Capitalisation -USD- | 0.10% | — | — | — |
| UBS Core MSCI Japan UCITS ETF JPY dis Distribution | 0.12% | +28.1% | +63.6% | +60.2% |
| UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation | 0.12% | +27.6% | +65.0% | +60.3% |
| Xtrackers MSCI Japan UCITS ETF | 0.40% | +33.3% | +96.2% | +135.6% |
| Xtrackers MSCI Japan UCITS ETF 1D Distribution | 0.15% | +28.3% | +44.1% | — |
| Xtrackers MSCI JAPAN UCITS ETF Capitalisation 1C | 0.20% | +28.2% | +64.1% | +60.5% |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 30/09/2026, JPJP holds 168 positions, according to the holdings SPDR publishes. The largest is Mitsubishi UFJ Financial Group at 4.72% of the fund; the ten largest make up 30.5%.

### Top holdings

Largest positions (as of 30/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Mitsubishi UFJ Financial Group | [8306](https://fundology.uk/stock/8306) | 4.72% |
| 2 | Toyota Motor | [7203](https://fundology.uk/stock/7203) | 3.30% |
| 3 | Tokyo Electron | [8035](https://fundology.uk/stock/8035) | 3.05% |
| 4 | Advantest | [6857](https://fundology.uk/stock/6857) | 3.00% |
| 5 | Sumitomo Mitsui Financial Group | [8316](https://fundology.uk/stock/8316) | 2.93% |
| 6 | Hitachi | [6501](https://fundology.uk/stock/6501) | 2.90% |
| 7 | SoftBank Group | [9984](https://fundology.uk/stock/9984) | 2.85% |
| 8 | Recruit | [6098](https://fundology.uk/stock/6098) | 2.66% |
| 9 | Sony Group | [6758](https://fundology.uk/stock/6758) | 2.60% |
| 10 | Mizuho Financial Group | [8411](https://fundology.uk/stock/8411) | 2.46% |

Source: SPDR, holdings as published, as of 30/09/2026.

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

Added up from the holdings SPDR publishes, as of 30/09/2026.

| Sector | Weight |
|---|---|
| Industrials | 24.1% |
| Financials | 19.3% |
| Information Technology | 18.8% |
| Consumer Discretionary | 14.5% |
| Communication Services | 7.1% |
| Health Care | 5.3% |
| Materials | 3.7% |
| Consumer Staples | 3.6% |
| Other sectors | 3.6% |

All 168 holdings: https://fundology.uk/fund/jpjp/holdings

## Questions people ask

**What is the ongoing charge of JPJP?**

The ongoing charge of JPJP is 0.12% a year — about £12 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 State Street SPDR MSCI Japan UCITS ETF 0.12% a year, as of 02/10/2026: 75 of the 92 other Japan and Asia Pacific share funds charge more, 7 the same and 10 less (share classes counted once).

**What does JPJP track?**

JPJP tracks the MSCI Japan — large and medium-sized Japanese companies.

**Is JPJP accumulating or distributing?**

JPJP 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 JPJP?**

The ISIN of JPJP is IE00BZ0G8B96. An ISIN identifies one exact share class of a fund; JPJP is its ticker on the London Stock Exchange.

**What does JPJP hold?**

As of 30/09/2026, JPJP holds 168 positions, according to the holdings SPDR publishes. The largest is Mitsubishi UFJ Financial Group at 4.72% of the fund; the ten largest make up 30.5%. Its ten largest holdings are Mitsubishi UFJ Financial Group (4.72%), Toyota Motor (3.30%), Tokyo Electron (3.05%), Advantest (3.00%), Sumitomo Mitsui Financial Group (2.93%), Hitachi (2.90%), SoftBank Group (2.85%), Recruit (2.66%), Sony Group (2.60%) and Mizuho Financial Group (2.46%).

**What were JPJP’s returns in each of the last five years?**

Calendar-year returns of JPJP in pounds (price, with income reinvested in the fund): 2022 −7.2%, 2023 +14.0%, 2024 +9.6%, 2025 +16.7%; 2026 to 01/10/2026 +23.5%. Past performance is not a guide to future returns.

**How has JPJP done after inflation?**

Over the five years to 01/10/2026 JPJP’s total return was +60.2%, or +25.2% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.