# Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP (XDNG) **Page:** https://fundology.uk/fund/xdng · ISIN IE00BPVLQF37 ## 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 13/11/2026, XDNG (Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP, ISIN IE00BPVLQF37) closed at £40.21 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its total return was +140.3%, or +87.5% after UK CPIH inflation. ## Summary Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP is an exchange-traded fund (ETF) from Xtrackers, launched in 2015. It tracks the MSCI Japan Select Screened Index - JPY - Japan Yen - Benchmark TR Net — 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 0.25% a year — about £25 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£40.21** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XDNG | | ISIN | IE00BPVLQF37 | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | Xtrackers | | Tracks | MSCI Japan Select Screened Index - JPY - Japan Yen - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £22.7m | | Launched | 2015 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 31/03/2015 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +22.53% | +18.19% | income reinvested | | 3 years | +92.83% | +74.22% | income reinvested | | 5 years | +140.28% | +87.55% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP in pounds (price only, income paid out not included): 2022 −6.9%, 2023 +32.1%, 2024 +20.9%, 2025 +27.6%; 2026 to 13/11/2026 +17.2%. Returns of Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +34.9%; to 30/09/2025: +22.9%; to 30/09/2024: +18.1%; to 30/09/2023: +30.2%; to 30/09/2022: −8.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -6.9% | -14.8% | Price | | 2023 | +32.1% | +26.8% | Price | | 2024 | +20.9% | +16.8% | Price | | 2025 | +27.6% | +23.2% | Price | | 2026 to 13/11/2026 | +17.2% | +13.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 19.68% | -10.06% | | 3 years | 20.10% | -17.95% | | 5 years | 18.53% | -17.95% | ## Largest fall Volatility of Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 19.7% over 1 year, 20.1% over 3 years, 18.5% over 5 years. Largest fall in the price of Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP since November 2021, in pounds: −17.9% from 12/07/2024 to 04/04/2025. The lowest 12-month return of Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP in pounds (price only, income paid out not included) since January 2021 was −11.5% (12 months to 23/09/2022); the highest was +59.1% (12 months to 10/04/2026). On 13/11/2026 the price of Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP was 6.5% below its highest weekly close since November 2021 (13/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP 0.25% a year. Compared on 14/11/2026, 48 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 55 less (share classes counted once). ## Funds tracking the same index 3 funds track MSCI Japan Select Screened Index - JPY - Japan Yen - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.25% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Xtrackers MSCI Japan Screened UCITS ETF 1D- JPY | 0.15% | +13.7% | +52.8% | +49.6% | | Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP (this fund) | 0.25% | +22.5% | +92.8% | +140.3% | | Xtrackers MSCI Japan Screened UCITS ETF Accum Shs -4C- Hedged USD | 0.25% | +22.2% | +80.2% | +150.9% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 15/11/2026, XDNG holds 151 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.95% of the fund; the ten largest make up 32.3%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Mitsubishi UFJ Financial Group | [8306](https://fundology.uk/stock/8306) | 4.95% | | 2 | Toyota Motor | [7203](https://fundology.uk/stock/7203) | 4.40% | | 3 | Sony Group | [6758](https://fundology.uk/stock/6758) | 3.39% | | 4 | Sumitomo Mitsui Financial Group | [8316](https://fundology.uk/stock/8316) | 3.15% | | 5 | Recruit | [6098](https://fundology.uk/stock/6098) | 3.01% | | 6 | Hitachi | [6501](https://fundology.uk/stock/6501) | 3.00% | | 7 | Advantest | [6857](https://fundology.uk/stock/6857) | 2.91% | | 8 | Tokyo Electron | [8035](https://fundology.uk/stock/8035) | 2.74% | | 9 | Mizuho Financial Group | [8411](https://fundology.uk/stock/8411) | 2.51% | | 10 | Mitsubishi | [8058](https://fundology.uk/stock/8058) | 2.22% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 08/11/2026. | Sector | Weight | |---|---| | Industrials | 24.3% | | Financials | 20.4% | | Information Technology | 16.2% | | Consumer Discretionary | 15.9% | | Communication Services | 7.1% | | Health Care | 6.6% | | Materials | 3.9% | | Consumer Staples | 3.0% | | Other sectors | 2.8% | All 151 holdings: https://fundology.uk/fund/xdng/holdings ## Questions people ask **What is the ongoing charge of XDNG?** The ongoing charge of XDNG is 0.25% a year — about £25 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 Xtrackers MSCI Japan Screened UCITS ETF 2D- Hedged GBP 0.25% a year. Compared on 14/11/2026, 48 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 55 less (share classes counted once). **What does XDNG track?** XDNG tracks the MSCI Japan Select Screened Index - JPY - Japan Yen - Benchmark TR Net — large and medium-sized Japanese companies. **Is XDNG accumulating or distributing?** XDNG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **What is the ISIN of XDNG?** The ISIN of XDNG is IE00BPVLQF37. An ISIN identifies one exact share class of a fund; XDNG is its ticker on the London Stock Exchange. **What does XDNG hold?** As of 15/11/2026, XDNG holds 151 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.95% of the fund; the ten largest make up 32.3%. Its ten largest holdings are Mitsubishi UFJ Financial Group (4.95%), Toyota Motor (4.40%), Sony Group (3.39%), Sumitomo Mitsui Financial Group (3.15%), Recruit (3.01%), Hitachi (3.00%), Advantest (2.91%), Tokyo Electron (2.74%), Mizuho Financial Group (2.51%) and Mitsubishi (2.22%). **What were XDNG’s returns in each of the last five years?** Calendar-year returns of XDNG in pounds (price only, income paid out not included): 2022 −6.9%, 2023 +32.1%, 2024 +20.9%, 2025 +27.6%; 2026 to 13/11/2026 +17.2%. Past performance is not a guide to future returns. **How has XDNG done after inflation?** Over the five years to 13/11/2026 XDNG’s total return was +140.3%, or +87.5% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/IE00BPVLQF37-msci-japan-screened-ucits-etf-2d-gbp-hedged/) - Links checked 12/10/2026. --- 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.