Index
Funds that track the TOPIX
4 UK-listed funds Fundology covers track the TOPIX. Ongoing charges run from 0.45% (JPNL) to 0.48% a year, as of 09/10/2026.
The TOPIX is an index of large and medium-sized Japanese companies.
At a glance
- Funds
- 4
- Providers
- 1
- Ongoing charges
- 0.45% to 0.48%
- Accumulating · distributing
- 3 · 1
The lowest ongoing charge among the 4 TOPIX funds Fundology tracks is 0.45% a year (JPNL), as of 09/10/2026. A lower charge does not guarantee a better return.
3 accumulate their income and 1 pay it out; 2 are currency-hedged share classes. Each fund is listed once, by one share class; its other share classes are on its own page.
By fund size, the 4 largest are JPNL (£290m), TPXG (£137m), TPHU (£24.7m) and TPHG (£6.6m), as reported on 09/10/2026. Size shows how widely a fund is held, not how it will perform.
All are funds from Amundi (4).
Terms:Index fundsOngoing charges figureTracking differenceAccumulating or incomeCurrency hedging
Past returns, side by side
Over the five years to 09/10/2026, total returns with income reinvested ranged from +66.3% (JPNL) to +181.6% (TPHU); the median of 4 funds was +117.4%.
Over the three years to 09/10/2026, total returns with income reinvested ranged from +61.9% (JPNL) to +106.6% (TPHG); the median of 4 funds was +77.8%.
Over the year to 09/10/2026, total returns with income reinvested ranged from +25.3% (JPNL) to +33.8% (TPHU); the median of 4 funds was +29.2%.
| Period | Funds | Lowest | Median | Highest |
|---|---|---|---|---|
| 1 yearIncome reinvested · to | 4 | +25.3% JPNL | +29.2% | +33.8% TPHU |
| 3 yearsIncome reinvested · to | 4 | +61.9% JPNL | +77.8% | +106.6% TPHG |
| 5 yearsIncome reinvested · to | 4 | +66.3% JPNL | +117.4% | +181.6% TPHU |
Source: TradingView reported returns, and Fundology’s own from daily closes where none is reported, as of
How we work it out:ReturnsReturns after inflationTotal return
Funds that track the TOPIX (4)
All 4 funds that track the TOPIX, one share class each, listed by name. An order is not a ranking of quality.
| Fund | Charge | Size | 1 year | 3 years | 5 years | 5 years after inflation |
|---|---|---|---|---|---|---|
| TPXG Amundi Index Solutions - Japan TOPIX UCITS ETFAccumulating | 0.20% | £137m | +26.3% | +63.8% | +69.4% | +32.5% |
| JPNL Amundi Japan TOPIX II UCITS ETF -Dist EUR-Distributing | 0.45% | £290m | +25.3% | +61.9% | +66.3% | +30.0% |
| TPHG Amundi Japan TOPIX UCITS ETF - Daily Hedged GBP (C)Accumulating · Hedged to GBP | 0.48% | £6.6m | +32.0% | +106.6% | +165.3% | +107.4% |
| TPHU Amundi Japan Topix UCITS ETF - Daily Hedged USD (C)Accumulating · Hedged to USD | 0.48% | £24.7m | +33.8% | +91.7% | +181.6% | +120.2% |
Source: TradingView (returns, size and most charges), fund issuers (some charges), ONS CPIH (inflation), as of , at least 15 min delayed
Questions people ask
How many UK funds track the TOPIX?
4 UK-listed funds Fundology covers track the TOPIX, as of 09/10/2026. 3 accumulate their income and 1 pay it out; 2 are currency-hedged share classes. All are Amundi funds. Each fund is listed once, by one share class; its other share classes are on its own page.
Which TOPIX fund has the lowest ongoing charge?
The lowest ongoing charge among the 4 TOPIX funds Fundology tracks is 0.45% a year (JPNL), as of 09/10/2026. A lower charge does not guarantee a better return.
What is the largest TOPIX fund in the UK?
By fund size, JPNL (Amundi Japan TOPIX II UCITS ETF -Dist EUR-) is the largest of the 4 funds here, at £290m as reported on 09/10/2026. Size shows how widely a fund is held, not how it will perform.
What is the difference between the accumulating and distributing versions?
An accumulating share class reinvests the income from its holdings inside the fund, so it shows up as a rising price; a distributing class pays it out to holders as cash, usually a few times a year. Of the 4 TOPIX funds here, 3 accumulate and 1 distribute.
What is the TOPIX?
The TOPIX is an index of large and medium-sized Japanese companies.
How is this list ordered?
Listed by name unless ordered by ongoing charge. No order on this page is a ranking or a recommendation.