Betashares Japan Currency Hedged ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Asia equity funds would cost $360 (0.72% a year), so HJPN is $67 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 140 securities · top 10 = 38.2%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.0 | 11.4 | −10.5 | 8.0 | 9.2 | 3.2 | −2.9 | 4.0 | −0.5 | −4.9 | 22.7YTD | ||
| 2025 | 1.0 | −4.6 | −0.8 | −0.5 | 7.1 | 0.9 | 3.2 | 3.3 | 3.7 | 8.5 | 0.4 | 2.2 | 26.4 |
| 2024 | 9.3 | 7.9 | 4.6 | −1.3 | 1.4 | 1.6 | −0.4 | −3.8 | −2.8 | 3.4 | −0.7 | 4.6 | 25.6 |
| 2023 | 6.8 | 0.2 | 5.3 | 0.8 | 7.0 | 7.8 | 0.9 | −0.2 | −1.3 | −3.9 | 9.0 | −0.9 | 35.3 |
| 2022 | −7.6 | −3.0 | 5.0 | −2.4 | −0.5 | −4.0 | 4.2 | 1.4 | −8.1 | 6.2 | 3.8 | −7.7 | −13.1 |
| 2021 | −0.1 | 1.9 | 4.8 | −2.7 | 2.8 | 2.6 | −2.0 | 2.5 | 3.6 | −1.0 | 1.4 | 1.8 | 16.5 |
| 2020 | −0.8 | −9.0 | −9.3 | 6.0 | 6.8 | 1.6 | −2.1 | 7.3 | 1.4 | −0.5 | 12.6 | 3.8 | 16.6 |
| 2019 | 6.6 | 1.4 | −0.8 | 3.4 | −9.3 | 3.2 | 1.6 | −4.6 | 6.1 | 5.6 | 3.6 | 0.0 | 16.8 |
| 2018 | 2.1 | −4.4 | −5.5 | 4.6 | −3.1 | −1.3 | 2.2 | −0.8 | 5.2 | −9.2 | 0.2 | −11.2 | −20.5 |
| 2017 | 1.4 | 2.0 | 0.3 | −0.5 | −0.2 | 2.7 | 1.5 | −0.6 | 5.0 | 5.7 | 1.0 | 2.8 | 23.0 |
| 2016 | −11.5 | 5.7 | 5.4 | −0.6 | 5.7 | 7.7 | 3.6 | 15.6 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
HJPN questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Betashares Japan Currency Hedged ETF?
Betashares Japan Currency Hedged ETF holds 140 securities, and its ten largest positions make up 38.2% of the fund, more spread out than the 48.1% typical of Asia equity funds. That makes it moderately diversified.
Its country exposure is almost entirely Japan (100.0%), and its biggest sector is Industrials at 26.9%, based on holdings as at 2 Sept 2026.
Which ETFs does HJPN double up with most?
HJPN shares the most holdings with Global X Japan Topix 100 ETF (J100) (76% overlap), iShares MSCI Japan ETF (IJP) (70% overlap) and Betashares Global Shares EX US ETF (EXUS) (17% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 76%, owning both HJPN and J100 would mostly double up on the same investments rather than spread your money further. Of these, J100 has the lowest fee, at 0.40% a year against 0.56% for HJPN.
How is Betashares Japan Currency Hedged ETF managed – active or passive?
Betashares Japan Currency Hedged ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Asia equity funds, active funds charge a median 1.18% a year and index funds 0.60%.
What will I pay in fees for HJPN?
HJPN charges a management fee of 0.56% a year, about $56 for every $10,000 invested. Only 36% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Asia equity funds, the median is 0.67%.
Lower-cost funds with a similar focus include iShares Asia 50 ETF (IAA) at 0.29%, iShares MSCI Japan ETF (IJP) at 0.50% and Vanguard FTSE Asia Ex-Japan Shares Index ETF (VAE) at 0.40%.
If you would rather have a manager choose the investments, active options such as Fidelity Asia Active ETF (FASI) at 1.16% and Fidelity India Active ETF (FIIN) at 1.20% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.12% for HJPN.
Does Betashares Japan Currency Hedged ETF follow a theme?
No. Betashares Japan Currency Hedged ETF is a broad equity fund: it aims to cover a wide slice of its market (Asia) rather than one theme or sector. Its largest sector, Industrials, is 26.9% of the fund.
What is under the hood of HJPN?
As at 2 Sept 2026, HJPN's ten largest holdings are Mitsubishi Ufj Financial Group (6.2%), Toyota Motor Corp (5.3%), Sumitomo Mitsui Financial Grou (3.8%), Tokyo Electron Ltd (3.5%), Hitachi Ltd (3.5%), Sony Group Corp (3.4%), Recruit Holdings Co Ltd (3.4%), Advantest Corp (3.4%), Mizuho Financial Group Inc (3.0%) and Mitsubishi Corp (2.6%). Together they make up 38.2% of the fund.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for HJPN's index are in the issuer's PDS. Its top 10 weighting of 38.2% compares with 48.1% for similar funds.
How well has Betashares Japan Currency Hedged ETF performed?
Based on its category, Betashares Japan Currency Hedged ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 30.5% over 1 year (median −5.7%; ranked 2 of 17), 27.7% a year over 3 years (median 14.8% a year; ranked 4 of 14) and 18.2% a year over 5 years (median 4.8% a year; ranked 1 of 13). The medians and rankings compare it with Asia equity funds. Since listing in 2016 it has returned 14.7% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for HJPN; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.56% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.