# Invesco JPX-Nikkei 400 UCITS ETF (S400) **Source:** https://fundology.uk/fund/s400 · ISIN IE00BPRCH686 · 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, S400 (Invesco JPX-Nikkei 400 UCITS ETF, ISIN IE00BPRCH686) closed at £223.00 on the London Stock Exchange. Its ongoing charge is 0.19% a year (about £19 on £10,000). Over the five years to 30/09/2026 its total return was +52.3%, or +19.0% after UK CPIH inflation. ## Summary Invesco JPX-Nikkei 400 UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2014. It tracks the JPX-Nikkei 400 Index - JPY. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.19% a year — about £19 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: **£223.00** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | S400 | | ISIN | IE00BPRCH686 | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | Invesco | | Tracks | JPX-Nikkei 400 Index - JPY | | Income | Accumulating | | Ongoing charge | 0.19% a year (£19 per £10,000) | | Fund size | £105m | | Launched | 2014 | | 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 | +25.32% | +21.39% | income reinvested | | 3 years | +55.29% | +40.13% | income reinvested | | 5 years | +52.29% | +19.05% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco JPX-Nikkei 400 UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −5.8%, 2023 +13.7%, 2024 +8.8%, 2025 +16.9%; 2026 to 30/09/2026 +22.9%. Returns of Invesco JPX-Nikkei 400 UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +26.9%; to 30/09/2025: +13.8%; to 30/09/2024: +11.7%; to 30/09/2023: +13.6%; to 30/09/2022: −14.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -5.8% | -13.8% | Price | | 2023 | +13.7% | +9.1% | Price | | 2024 | +8.8% | +5.1% | Price | | 2025 | +16.9% | +12.9% | Price | | 2026 to 30/09/2026 | +22.9% | +19.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.40% | -10.45% | | 3 years | 16.29% | -11.78% | | 5 years | 15.34% | -16.14% | ## Largest fall Volatility of Invesco JPX-Nikkei 400 UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 18.4% over 1 year, 16.3% over 3 years, 15.3% over 5 years. Largest fall in the price of Invesco JPX-Nikkei 400 UCITS ETF since October 2021, in pounds: −16.1% from 05/11/2021 to 17/06/2022. The lowest 12-month return of Invesco JPX-Nikkei 400 UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −13.4% (12 months to 16/09/2022); the highest was +38.3% (12 months to 03/04/2026). On 30/09/2026 the price of Invesco JPX-Nikkei 400 UCITS ETF was at its highest weekly close since October 2021, in pounds. ## Charges compared with similar funds Ongoing charge of Invesco JPX-Nikkei 400 UCITS ETF 0.19% a year, as of 01/10/2026: 51 of the 92 other Japan and Asia Pacific share funds charge more, 5 the same and 36 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.19%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | Recruit | 2.17% | | Hitachi | 1.80% | | Itochu | 1.75% | | Mitsub Ufj Fg | 1.69% | | Mizuho Financial | 1.68% | | Sony Group | 1.68% | | Tokio Marine Hld | 1.64% | | Mitsubishi | 1.61% | | Mitsui | 1.61% | | Smfg | 1.59% | ## 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 As published by Invesco, as of 30/09/2026. | Sector | Weight | |---|---| | Industrials | 20.4% | | Financials | 20.1% | | Health Care | 14.6% | | Information Technology | 12.0% | | Consumer Staples | 9.4% | | Utilities | 6.7% | | Materials | 6.5% | | Communication Services | 5.0% | | Other sectors | 5.2% | ### By country As published by Invesco, as of 30/09/2026. | Country | Weight | |---|---| | United States | 31.4% | | Switzerland | 26.8% | | Germany | 13.2% | | Sweden | 6.8% | | Netherlands | 5.4% | | Norway | 3.9% | | Denmark | 3.5% | | Finland | 3.4% | | Other countries | 5.7% | All 400 holdings: https://fundology.uk/fund/s400/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.