# Xtrackers MSCI JAPAN UCITS ETF Distribution 2D (XMUJ) **Source:** https://fundology.uk/fund/xmuj · ISIN LU0927735406 · 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, XMUJ (Xtrackers MSCI JAPAN UCITS ETF Distribution 2D, ISIN LU0927735406) closed at $71.34 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 30/09/2026 its total return was +157.0%, or +100.9% after UK CPIH inflation. ## Summary 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 currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **$71.34** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XMUJ | | ISIN | LU0927735406 | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | Xtrackers | | Tracks | MSCI Japan Index - USD - Benchmark TR Net Hedged | | Income | Distributing | | Ongoing charge | 0.40% a year (£40 per £10,000) | | Fund size | £126m | | Launched | 2013 | | 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 | +37.87% | +33.54% | income reinvested | | 3 years | +90.31% | +71.73% | income reinvested | | 5 years | +157.02% | +100.92% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 +26.3%, 2025 +18.7%; 2026 to 30/09/2026 +26.5%. 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: +37.4%; to 30/09/2025: +24.5%; to 30/09/2024: +10.5%; to 30/09/2023: +21.4%; to 30/09/2022: +12.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +7.7% | -1.4% | Price | | 2023 | +28.8% | +23.7% | Price | | 2024 | +26.3% | +22.0% | Price | | 2025 | +18.7% | +14.6% | Price | | 2026 to 30/09/2026 | +26.5% | +22.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 19.44% | -8.70% | | 3 years | 19.78% | -18.46% | | 5 years | 18.12% | -18.46% | ## Largest fall Volatility of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D in pounds, annualised from weekly returns to 30/09/2026: 19.4% over 1 year, 19.8% over 3 years, 18.1% over 5 years. Largest fall in the price of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D since October 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 30/09/2026 the price of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D was 0.5% below its highest weekly close since October 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers MSCI JAPAN UCITS ETF Distribution 2D 0.40% a year, as of 01/10/2026: 23 of the 92 other Japan and Asia Pacific share funds charge more, 4 the same and 65 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.40%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 01/10/2026): | Holding | Weight | |---|---| | Mitsubishi UFJ Financial Group | 4.64% | | Toyota Motor | 3.31% | | Tokyo Electron | 3.09% | | Advantest | 3.00% | | Sumitomo Mitsui Financial Group | 2.95% | | Hitachi | 2.93% | | SoftBank Group | 2.71% | | Recruit | 2.68% | | Sony Group | 2.63% | | Kioxia | 2.49% | ## 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 Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Sector | Weight | |---|---| | Industrials | 24.1% | | Financials | 19.1% | | Information Technology | 19.1% | | Consumer Discretionary | 14.4% | | Communication Services | 7.0% | | Health Care | 5.3% | | Consumer Staples | 3.6% | | Materials | 3.6% | | Other sectors | 3.8% | ### By country Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Country | Weight | |---|---| | Japan | 99.9% | | Ireland | 0.0% | | United States | 0.0% | | Not classified | 0.0% | ### By type of asset Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Type of asset | Weight | |---|---| | Equity | 99.9% | | Cash and money market | 0.1% | All 172 holdings: https://fundology.uk/fund/xmuj/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.