ATLASiShares JPX-Nikkei 400 ETF (JPXN): outlook, holdings and fees
iShares JPX-Nikkei 400 ETF (JPXN) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.47% and the yield is 2.67%. The ten largest holdings are 17% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on JPXN
| Last price | $101.01 (+0.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $99.02 – $104.07 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 2.67% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
JPXN fund facts
| Issuer | iShares |
|---|---|
| Theme | Other strategies |
| Assets under management | $139M |
| Expense ratio | 0.47% |
| Number of holdings | 397 |
| Portfolio turnover | 12% |
| Inception | Oct 23, 2001 |
| Exchange | NYSE |
The fund seeks to track the investment results of the JPX-Nikkei 400 Net Total Return Index, which is composed of (i) common stocks whose main market is the Tokyo Stock Exchange Prime Market, Standard Market or Growth Market and (ii) securities listed on Tokyo Stock Exchange Prime Market, Standard Market or Growth Market that are not common stocks but are regarded by the index Provider as equivalent to common stocks, in each case if the inclusion in the underlying index is deemed to be "particularly necessary" as determined by the index Provider.
JPXN top holdings
| Holding | Sector | Weight |
|---|---|---|
| Recruit Holdings Co Ltd 6098 | Communication Services | 2.23% |
| Advantest Corp. 6857 | Technology | 2.00% |
| Hitachi Ltd 6501 | Industrials | 1.88% |
| Sony Corp 6758 | Technology | 1.60% |
| Itochu Corp. 8001 | Industrials | 1.63% |
| Tokio Marine Holdings Inc. 8766 | Financial Services | 1.51% |
| Mitsubishi UFJ Financial Group Inc 8306 | Financial Services | 1.59% |
| Mizuho Financial Group Inc 8411 | Financial Services | 1.53% |
| Mitsui & Co. Ltd. 8031 | Industrials | 1.52% |
| Mitsubishi Corp. 8058 | Industrials | 1.51% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
JPXN sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 26.8% |
| Technology | 18.1% |
| Financial Services | 14.4% |
| Consumer Cyclicals | 12.0% |
| Communication Services | 8.6% |
| Healthcare | 5.7% |
| Consumer Defensive | 4.8% |
| Basic Materials | 4.3% |
| Real Estate | 2.3% |
| Utilities | 1.7% |
| Energy | 1.3% |
By region: Japan 100.0%.
JPXN returns and risk
| Year to date | +21.4% |
|---|---|
| 1 year | +25.1% |
| 3 years (annualised) | +20.5% |
| 5 years (annualised) | +10.4% |
| 10 years (annualised) | +8.8% |
| Volatility (3 years) | 13.8% |
| Sharpe ratio (3 years) | 1.12 |
Past returns do not guarantee future results.
JPXN: frequently asked questions
What does JPXN invest in?
iShares JPX-Nikkei 400 ETF invests in a portfolio of securities. Its largest holdings are Recruit Holdings Co Ltd (2.2%), Advantest Corp. (2.0%), Hitachi Ltd (1.9%), Sony Corp (1.6%), Itochu Corp. (1.6%).
What is the JPXN expense ratio?
0.47% a year: about $47.00 for every $10,000 invested.
What is the JPXN dividend yield?
2.67%. ATLAS does not hold the exact distribution dates for ETFs.
Will JPXN go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $99.02 to $104.07 from $101.01 today. It is a probability, not a prediction.
How has JPXN performed?
Year to date +21.4%, one year +25.1%, three years +20.5% a year, five years +10.4% a year. Past returns do not guarantee future results.
Similar ETFs: Other strategies
- iShares Russell 1000 ETF (IWB)
- Vanguard Extended Market ETF (VXF)
- State Street SPDR S&P MidCap 400 ETF Trust (MDY)
- iShares S&P 100 ETF (OEF)
- iShares Russell 3000 ETF (IWV)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM)
- iShares Preferred and Income Securities ETF (PFF)
Educational information, not investment advice. Disclaimer