ETF · Xtrackers
XMUJ Xtrackers MSCI JAPAN UCITS ETF Distribution 2D
ISIN LU0927735406London Stock Exchange: XMUJDeutsche Bank AG
- Japan & Asia Pacific
- ETF
- ISA
- SIPP
- Distributing
- Currency hedged
Latest close
LSE$67.58
on
- Ongoing charge
- 0.40% a year
- Fund size
- £214m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XMUJ (Xtrackers MSCI JAPAN UCITS ETF Distribution 2D, ISIN LU0927735406) closed at $67.58 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was +155.2%, or +99.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +21.8%
- +17.5% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +81.9%
- +64.3% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +155.2%
- +99.2% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,552 on 13/11/2026 — about £1,992 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 Xtrackers MSCI JAPAN UCITS ETF Distribution 2D in pounds (price only, income paid out not included): 2022 +7.7%, 2023 +28.8%, 2024 +26.4%, 2025 +20.0%; 2026 to 13/11/2026 +18.8%. Returns of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +37.6%; to 30/09/2025: +24.3%; to 30/09/2024: +10.5%; to 30/09/2023: +21.4%; to 30/09/2022: +16.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +18.8% | +15.0% | |
| to | +20.0% | +15.9% | |
| to | +26.4% | +22.1% | |
| +28.8% | +23.7% | ||
| +7.7% | −1.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +37.6% | +32.8% |
| from | +24.3% | +19.4% |
| from | +10.5% | +7.7% |
| from | +21.4% | +14.1% |
| from | +16.3% | +6.9% |
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)
18.3%over 5 years
| 1 year | 20.2% |
|---|---|
| 3 years | 20.0% |
| 5 years | 18.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −18.5%
- From to
- Lowest 12-month return
- −11.8%
- 12 months to
- Highest 12-month return
- +60.0%
- 12 months to
- Below its highest weekly close since November 2021
- 6.0%
- High of , latest
In words: Volatility of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D in pounds, annualised from weekly returns to 13/11/2026: 20.2% over 1 year, 20.0% over 3 years, 18.3% over 5 years. Largest fall in the price of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D since November 2021, in pounds: −18.5% from 24/01/2025 to 04/04/2025. The lowest 12-month return of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D in pounds (price only, income paid out not included) since January 2021 was −11.8% (12 months to 11/04/2025); the highest was +60.0% (12 months to 19/06/2026). On 13/11/2026 the price of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D was 6.0% 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
- 0.40%
- a year
- On £10,000
- £40
- a year, roughly
- Over five years
- £198
- of £10,000, before growth
- 72 charge less
- 4 the same
- 32 charge more
Ongoing charge of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D 0.40% a year. Compared on 14/11/2026, 32 of the 108 other Japan and Asia Pacific share funds charge more, 4 the same and 72 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
Xtrackers MSCI JAPAN UCITS ETF Distribution 2D is an exchange-traded fund (ETF) from Xtrackers, launched in 2013.
It tracks the MSCI Japan Index - USD - Benchmark TR Net Hedged — 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 0.4% a year — about £40 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 a currency-hedged share class: it uses currency contracts to reduce the effect of exchange-rate moves.
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
- XMUJ
- ISIN
- LU0927735406
- Provider
- Xtrackers
- Tracks
- MSCI Japan Index - USD - Benchmark TR Net Hedged
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.40% a year · about £40 on £10,000
- Fund size
- £214m
- 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
- Price currency
- USD
- Category
- Japan & Asia Pacific
Price chart
Over the last year, the closing price went from $56.67 on 14/11/2025 to $67.58 on 13/11/2026 (+19.3%). The lowest close shown was $55.51 on 21/11/2025 and the highest $72.55 on 14/08/2026.
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. 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
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
- 168
- 169 reported in all
- Ten largest
- 30.2%
- of the whole fund
- Effective number of holdings
- 66
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 4.7%
- Mitsubishi UFJ Financial Group
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Mitsubishi UFJ Financial Group8306FinancialsJapan | 4.69% |
| 2 | Toyota Motor7203Consumer DiscretionaryJapan | 4.06% |
| 3 | Sony Group6758Consumer DiscretionaryJapan | 3.12% |
| 4 | Sumitomo Mitsui Financial Group8316FinancialsJapan | 2.98% |
| 5 | Recruit6098IndustrialsJapan | 2.78% |
| 6 | Hitachi6501IndustrialsJapan | 2.76% |
| 7 | Advantest6857Information TechnologyJapan | 2.75% |
| 8 | Tokyo Electron8035Information TechnologyJapan | 2.60% |
| 9 | Mizuho Financial Group8411FinancialsJapan | 2.38% |
| 10 | Mitsubishi8058IndustrialsJapan | 2.05% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Industrials24.3%
- Financials19.7%
- Consumer Discretionary16.3%
- Information Technology15.9%
- Communication Services6.3%
- Health Care6.0%
- Consumer Staples3.8%
- Materials3.7%
- Other sectors4.0%
- Not classified0.1%
By type of asset
- Equity99.9%
- Cash and money market0.1%
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 .
More of the portfolio
The fund publishes 169 holdings; the ten largest make up 30.2% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
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.
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 (154 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 XMUJ?
The ongoing charge of XMUJ is 0.40% a year — about £40 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 UCITS ETF Distribution 2D 0.40% a year. Compared on 14/11/2026, 32 of the 108 other Japan and Asia Pacific share funds charge more, 4 the same and 72 less (share classes counted once).
What does XMUJ track?
XMUJ tracks the MSCI Japan Index - USD - Benchmark TR Net Hedged — large and medium-sized Japanese companies.
Is XMUJ accumulating or distributing?
XMUJ 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 XMUJ?
The ISIN of XMUJ is LU0927735406. An ISIN identifies one exact share class of a fund; XMUJ is its ticker on the London Stock Exchange.
What does XMUJ hold?
As of 15/11/2026, XMUJ holds 169 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.69% of the fund; the ten largest make up 30.2%. Its ten largest holdings are Mitsubishi UFJ Financial Group (4.69%), Toyota Motor (4.06%), Sony Group (3.12%), Sumitomo Mitsui Financial Group (2.98%), Recruit (2.78%), Hitachi (2.76%), Advantest (2.75%), Tokyo Electron (2.60%), Mizuho Financial Group (2.38%) and Mitsubishi (2.05%).
What were XMUJ’s returns in each of the last five years?
Calendar-year returns of XMUJ in pounds (price only, income paid out not included): 2022 +7.7%, 2023 +28.8%, 2024 +26.4%, 2025 +20.0%; 2026 to 13/11/2026 +18.8%. Past performance is not a guide to future returns.
How has XMUJ done after inflation?
Over the five years to 13/11/2026 XMUJ’s total return was +155.2%, or +99.2% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
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- 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 Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
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