ETF · UBS
UB02 UBS Core MSCI Japan UCITS ETF JPY dis Distribution
ISIN LU0136240974London Stock Exchange: UB02UBS Group AG
- Japan & Asia Pacific
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£56.87
on
- Ongoing charge
- 0.12% a year
- Fund size
- £1.2bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, UB02 (UBS Core MSCI Japan UCITS ETF JPY dis Distribution, ISIN LU0136240974) closed at £56.87 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +53.2%, or +19.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +13.0%
- +9.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +56.1%
- +41.1% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +53.2%
- +19.5% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,532 on 13/11/2026 — about £1,195 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 UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds (price only, income paid out not included): 2022 −8.9%, 2023 +11.8%, 2024 +8.0%, 2025 +14.6%; 2026 to 13/11/2026 +13.7%. Returns of UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +25.4%; to 30/09/2025: +14.0%; to 30/09/2024: +8.9%; to 30/09/2023: +11.5%; to 30/09/2022: −13.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +13.7% | +10.1% | |
| to | +14.6% | +10.6% | |
| to | +8.0% | +4.3% | |
| +11.8% | +7.4% | ||
| −8.9% | −16.6% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +25.4% | +21.0% |
| from | +14.0% | +9.6% |
| from | +8.9% | +6.1% |
| from | +11.5% | +4.8% |
| from | −13.3% | −20.3% |
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)
16.2%over 5 years
| 1 year | 20.3% |
|---|---|
| 3 years | 17.5% |
| 5 years | 16.2% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −16.7%
- From to
- Lowest 12-month return
- −14.7%
- 12 months to
- Highest 12-month return
- +39.6%
- 12 months to
- Below its highest weekly close since November 2021
- 7.3%
- High of , latest
In words: Volatility of UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds, annualised from weekly returns to 13/11/2026: 20.3% over 1 year, 17.5% over 3 years, 16.2% over 5 years. Largest fall in the price of UBS Core MSCI Japan UCITS ETF JPY dis Distribution since November 2021, in pounds: −16.7% from 19/11/2021 to 17/06/2022. The lowest 12-month return of UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds (price only, income paid out not included) since January 2021 was −14.7% (12 months to 16/09/2022); the highest was +39.6% (12 months to 19/06/2026). On 13/11/2026 the price of UBS Core MSCI Japan UCITS ETF JPY dis Distribution was 7.3% below its highest weekly close since November 2021 (02/10/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.12%
- a year
- On £10,000
- £12
- a year, roughly
- Over five years
- £60
- of £10,000, before growth
- 12 charge less
- 10 the same
- 86 charge more
Ongoing charge of UBS Core MSCI Japan UCITS ETF JPY dis Distribution 0.12% a year. Compared on 14/11/2026, 86 of the 108 other Japan and Asia Pacific share funds charge more, 10 the same and 12 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
UBS Core MSCI Japan UCITS ETF JPY dis Distribution is an exchange-traded fund (ETF) from UBS, launched in 2001.
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 paid out to holders as cash, usually a few times a year.
Japan & Asia Pacific: Companies in Japan, Australia, Hong Kong, Singapore and the wider Pacific region.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- UB02
- ISIN
- LU0136240974
- Also listed as
- UC65 (London Stock Exchange, US dollars), UIM5 (Xetra, euros)
- Provider
- UBS
- Tracks
- MSCI Japan
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.12% a year · about £12 on £10,000
- Fund size
- £1.2bn
- 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
- No
- Price currency
- Pounds (GBP)
- Category
- Japan & Asia Pacific
Price chart
Over the last year, the closing price went from £51.22 on 14/11/2025 to £56.87 on 13/11/2026 (+11.0%). The lowest close shown was £49.36 on 21/11/2025 and the highest £61.32 on 02/10/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 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
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How we work it out:Prices and returnsNAV and price
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 0.40% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC MSCI Japan UCITS ETFAccumulating · 0.13% a year | 0.13% | +14.1% | Not reported | Not reported |
| HSBC MSCI Japan UCITS ETF USDDistributing · 0.12% a year | 0.12% | +13.4% | +54.8% | +53.2% |
| Invesco MSCI Japan UCITS ETFAccumulating · 0.12% a year | 0.12% | +14.0% | +54.6% | +52.9% |
| iShares MSCI Japan UCITS ETFAccumulating · 0.14% a year | 0.14% | +13.5% | +54.9% | +52.4% |
| iShares MSCI Japan UCITS ETF USD (Dist)Distributing · 0.12% a year | 0.12% | +13.5% | +54.9% | +52.0% |
| Amundi Core MSCI Japan UCITS ETF AccAccumulating · 0.12% a year | 0.12% | +13.6% | +54.9% | +53.3% |
| State Street SPDR MSCI Japan UCITS ETFAccumulating · 0.12% a year | 0.12% | +13.0% | +56.1% | +53.1% |
| UBS Core MSCI Japan UCITS ETF Capitalisation -USD-Accumulating · 0.10% a year | 0.10% | Not reported | Not reported | Not reported |
| UBS Core MSCI Japan UCITS ETF JPY dis DistributionThis fundDistributing · 0.12% a year | 0.12% | +13.0% | +56.1% | +53.2% |
| UBS Core MSCI Japan UCITS ETF-JPY acc- CapitalisationAccumulating · 0.12% a year | 0.12% | +13.2% | +54.4% | +53.2% |
| Xtrackers MSCI Japan UCITS ETFAccumulating · Currency hedged · 0.40% a year | 0.40% | +13.8% | +77.6% | +121.8% |
| Xtrackers MSCI Japan UCITS ETF 1D DistributionDistributing · 0.12% a year | 0.12% | +13.5% | Not reported | Not reported |
| Xtrackers MSCI JAPAN UCITS ETF Capitalisation 1CAccumulating · 0.12% a year | 0.12% | +13.5% | +55.0% | +53.3% |
As of
MSCI Japan funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
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 254 rolling 12-month returns since January 2021, and of 150 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.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 73 Japan and Asia Pacific share funds, not currency-hedged, highest first.
ProMoves 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 (154 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and 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 UB02?
The ongoing charge of UB02 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 UBS Core MSCI Japan UCITS ETF JPY dis Distribution 0.12% a year. Compared on 14/11/2026, 86 of the 108 other Japan and Asia Pacific share funds charge more, 10 the same and 12 less (share classes counted once).
What does UB02 track?
UB02 tracks the MSCI Japan — large and medium-sized Japanese companies.
Is UB02 accumulating or distributing?
UB02 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of UB02?
The ISIN of UB02 is LU0136240974. An ISIN identifies one exact share class of a fund; UB02 is its ticker on the London Stock Exchange. The same share class is also listed as UC65 (London Stock Exchange, US dollars) and UIM5 (Xetra, euros).
What were UB02’s returns in each of the last five years?
Calendar-year returns of UB02 in pounds (price only, income paid out not included): 2022 −8.9%, 2023 +11.8%, 2024 +8.0%, 2025 +14.6%; 2026 to 13/11/2026 +13.7%. Past performance is not a guide to future returns.
How has UB02 done after inflation?
Over the five years to 13/11/2026 UB02’s total return was +53.2%, or +19.5% 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
Methodology:ReturnsCategoriesAll methods
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