# Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) (TPHU) **Source:** https://fundology.uk/fund/tphu · ISIN LU1681037948 · 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, TPHU (Amundi Japan Topix UCITS ETF - Daily Hedged USD (C), ISIN LU1681037948) closed at $214.98 on the London Stock Exchange. Its ongoing charge is 0.48% a year (about £48 on £10,000). Over the five years to 30/09/2026 its total return was +156.4%, or +100.4% after UK CPIH inflation. ## Summary 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: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **$214.98** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TPHU | | ISIN | LU1681037948 | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | Amundi | | Tracks | TOPIX | | Income | Accumulating | | Ongoing charge | 0.48% a year (£48 per £10,000) | | Fund size | £25.1m | | Launched | 2015 | | Domicile | Luxembourg | ## 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 | +36.54% | +32.26% | income reinvested | | 3 years | +88.95% | +70.51% | income reinvested | | 5 years | +156.40% | +100.44% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 +26.0%, 2025 +20.0%; 2026 to 30/09/2026 +27.6%. 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: +37.3%; to 30/09/2025: +26.6%; to 30/09/2024: +10.5%; to 30/09/2023: +20.8%; to 30/09/2022: +14.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +9.3% | +0.0% | Price | | 2023 | +28.1% | +23.0% | Price | | 2024 | +26.0% | +21.7% | Price | | 2025 | +20.0% | +15.9% | Price | | 2026 to 30/09/2026 | +27.6% | +24.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 17.86% | -8.79% | | 3 years | 18.45% | -17.23% | | 5 years | 17.22% | -17.23% | ## Largest fall Volatility of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) in pounds, annualised from weekly returns to 30/09/2026: 17.9% over 1 year, 18.4% over 3 years, 17.2% over 5 years. Largest fall in the price of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) since October 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 30/09/2026 the price of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) was at its highest weekly close since October 2021, in pounds. ## Charges compared with similar funds Ongoing charge of Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) 0.48% a year, as of 01/10/2026: 9 of the 92 other Japan and Asia Pacific share funds charge more, 5 the same and 78 less (share classes counted once). ## Funds tracking the same index 3 funds track TOPIX, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.48% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Index Solutions - Japan TOPIX UCITS ETF | 0.20% | +26.1% | +61.2% | +56.7% | | Amundi Japan TOPIX II UCITS ETF -Dist EUR- | 0.45% | +25.5% | +59.4% | +53.5% | | Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) (this fund) | 0.48% | +36.5% | +89.0% | +156.4% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.48%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Microsoft | 7.47% | | Apple | 6.15% | | NVIDIA | 5.95% | | Micron Technology | 4.17% | | Advanced Micro Devices | 3.39% | | L Oreal Prime Fidelite | 2.53% | | AXA | 2.50% | | Totalenergies SE Paris | 2.49% | | Air Liquide Prime Fidelite | 2.46% | | Amazon | 2.44% | ## 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 Amundi, as of 29/09/2026. | Sector | Weight | |---|---| | Information Technology | 37.5% | | Industrials | 12.0% | | Health Care | 10.6% | | Consumer Staples | 9.7% | | Consumer Discretionary | 8.9% | | Financials | 6.4% | | Communication Services | 5.4% | | Materials | 3.8% | | Other sectors | 5.7% | ### By country As published by Amundi, as of 29/09/2026. | Country | Weight | |---|---| | United States | 82.9% | | France | 12.5% | | Sweden | 2.0% | | Switzerland | 1.4% | | Netherlands | 0.8% | | Japan | 0.3% | | Canada | 0.1% | All 115 holdings: https://fundology.uk/fund/tphu/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.