ETF · Amundi
TPHU Amundi Japan Topix UCITS ETF - Daily Hedged USD (C)
ISIN LU1681037948London Stock Exchange: TPHUSAS Rue la Boétie
- Japan & Asia Pacific
- ETF
- ISA
- SIPP
- Accumulating
- USD hedged
Latest close
LSE$205.98
on
- Ongoing charge
- 0.48% a year
- Fund size
- £32.2m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, TPHU (Amundi Japan Topix UCITS ETF - Daily Hedged USD (C), ISIN LU1681037948) closed at $205.98 on the London Stock Exchange. Its ongoing charge is 0.48% a year (about £48 on £10,000). Over the five years to 13/11/2026 its total return was +157.1%, or +100.7% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +22.1%
- +17.8% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +82.3%
- +64.7% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +157.1%
- +100.7% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,571 on 13/11/2026 — about £2,007 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) in pounds (price, with income reinvested in the fund): 2022 +9.3%, 2023 +28.1%, 2024 +26.1%, 2025 +21.4%; 2026 to 13/11/2026 +21.3%. Returns of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +38.3%; to 30/09/2025: +25.7%; to 30/09/2024: +10.5%; to 30/09/2023: +20.8%; to 30/09/2022: +17.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +21.3% | +17.4% | |
| to | +21.4% | +17.2% | |
| to | +26.1% | +21.8% | |
| +28.1% | +23.0% | ||
| +9.3% | 0.0% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +38.3% | +33.4% |
| from | +25.7% | +20.8% |
| from | +10.5% | +7.7% |
| from | +20.8% | +13.5% |
| from | +17.7% | +8.2% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
17.4%over 5 years
| 1 year | 18.8% |
|---|---|
| 3 years | 18.6% |
| 5 years | 17.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −17.2%
- From to
- Lowest 12-month return
- −10.4%
- 12 months to
- Highest 12-month return
- +59.4%
- 12 months to
- Below its highest weekly close since November 2021
- 4.6%
- High of , latest
In words: Volatility of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) in pounds, annualised from weekly returns to 13/11/2026: 18.8% over 1 year, 18.6% over 3 years, 17.4% over 5 years. Largest fall in the price of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) since November 2021, in pounds: −17.2% from 31/01/2025 to 04/04/2025. The lowest 12-month return of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) in pounds (price, with income reinvested in the fund) since January 2021 was −10.4% (12 months to 11/04/2025); the highest was +59.4% (12 months to 10/04/2026). On 13/11/2026 the price of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) was 4.6% below its highest weekly close since November 2021 (02/10/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.48%
- a year
- On £10,000
- £48
- a year, roughly
- Over five years
- £238
- of £10,000, before growth
- 89 charge less
- 5 the same
- 14 charge more
Ongoing charge of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) 0.48% a year. Compared on 14/11/2026, 14 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 89 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) is an exchange-traded fund (ETF) from Amundi, launched in 2015.
It tracks the TOPIX — 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 0.48% a year — about £48 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 to US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk.
Japan & Asia Pacific: Companies in Japan, Australia, Hong Kong, Singapore and the wider Pacific region.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- TPHU
- ISIN
- LU1681037948
- Provider
- Amundi
- Tracks
- TOPIX
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.48% a year · about £48 on £10,000
- Fund size
- £32.2m
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to US dollars
- Price currency
- USD
- Category
- Japan & Asia Pacific
Price chart
Over the last year, the closing price went from $168.53 on 14/11/2025 to $205.98 on 13/11/2026 (+22.2%). The lowest close shown was $165.40 on 21/11/2025 and the highest $215.53 on 02/10/2026.
One close a week. Before 30/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
260 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 121
- 126 reported in all
- Ten largest
- 36.6%
- of the whole fund
- Effective number of holdings
- 47
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 5.9%
- NVIDIA
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | NVIDIANVDAInformation TechnologyUnited States | 5.89% |
| 2 | MicrosoftMSFTInformation TechnologyUnited States | 5.49% |
| 3 | Texas InstrumentsTXNInformation TechnologyUnited States | 4.23% |
| 4 | AmazonAMZNConsumer DiscretionaryUnited States | 3.93% |
| 5 | Advanced Micro DevicesAMDInformation TechnologyUnited States | 3.06% |
| 6 | Micron TechnologyMUInformation TechnologyUnited States | 3.06% |
| 7 | BroadcomAVGOInformation TechnologyUnited States | 2.92% |
| 8 | L Oreal Prime FideliteConsumer StaplesFrance | 2.73% |
| 9 | Air Liquide Prime FideliteMaterialsFrance | 2.71% |
| 10 | AXACSFinancialsFrance | 2.57% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 126 holdings; the ten largest make up 36.6% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 95.0% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology23.6%
- Technology Services16.4%
- Health Technology8.8%
- Finance8.3%
- Utilities5.8%
- Retail Trade5.3%
- Producer Manufacturing5.3%
- Consumer Non-Durables4.5%
- Other classified sectors17.1%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
4 funds track TOPIX, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.48% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - Japan TOPIX UCITS ETFAccumulating · 0.20% a year | 0.20% | +15.2% | +54.7% | +55.9% |
| Amundi Japan TOPIX II UCITS ETF -Dist EUR-Distributing · 0.45% a year | 0.45% | +14.6% | +52.9% | +53.3% |
| Amundi Japan TOPIX UCITS ETF - Daily Hedged GBP (C)Accumulating · Currency hedged · 0.48% a year | 0.48% | +22.4% | +95.5% | +146.7% |
| Amundi Japan Topix UCITS ETF - Daily Hedged USD (C)This fundAccumulating · Currency hedged · 0.48% a year | 0.48% | +22.1% | +82.3% | +157.1% |
As of
TOPIX funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- Amundi Index Solutions - Japan TOPIX UCITS ETFAccumulating · 0.20% a year · LU1681037781
- Amundi Japan TOPIX II UCITS ETF -Dist EUR-Distributing · 0.45% a year · FR0010245514
- Amundi Japan TOPIX UCITS ETF - Daily Hedged GBP (C)Accumulating · Currency hedged · 0.48% a year · LU1681038086
Read more:Share classesAccumulating or incomeCurrency hedging
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 252 rolling 12-month returns since January 2021, and of 148 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (151 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of TPHU?
The ongoing charge of TPHU is 0.48% a year — about £48 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 Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) 0.48% a year. Compared on 14/11/2026, 14 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 89 less (share classes counted once).
What does TPHU track?
TPHU tracks the TOPIX — large and medium-sized Japanese companies.
Is TPHU accumulating or distributing?
TPHU 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 TPHU?
The ISIN of TPHU is LU1681037948. An ISIN identifies one exact share class of a fund; TPHU is its ticker on the London Stock Exchange.
What does TPHU hold?
TPHU is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.
What were TPHU’s returns in each of the last five years?
Calendar-year returns of TPHU in pounds (price, with income reinvested in the fund): 2022 +9.3%, 2023 +28.1%, 2024 +26.1%, 2025 +21.4%; 2026 to 13/11/2026 +21.3%. Past performance is not a guide to future returns.
How has TPHU done after inflation?
Over the five years to 13/11/2026 TPHU’s total return was +157.1%, or +100.7% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SJPAiShares Core MSCI Japan IMI UCITS ETF0.12% a year · £6.0bn
- XMJPXtrackers MSCI JAPAN UCITS ETF Capitalisation 1C0.12% a year · £5.0bn
- LCJPAmundi Core MSCI Japan UCITS ETF Acc0.12% a year · £4.3bn
- 0DZWUBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation0.12% a year · £3.7bn
- IJPNiShares MSCI Japan UCITS ETF USD (Dist)0.12% a year · £3.6bn
- CPJ1iShares Core MSCI Pacific ex Japan UCITS ETF0.20% a year · £3.2bn
- VJPNVanguard FTSE Japan UCITS ETF0.10% a year · £2.3bn
- PRIJAmundi Index Solutions - Prime Japan0.08% a year · £2.3bn
Fund documents and methods
- Fund documents
- Fund page at Amundi (links checked )
Methodology:ReturnsCategoriesAll methods
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