iShares MSCI Japan ETF
Tracks MSCI Japan
The four numbers that price an ETF.
What the ETF actually owns.
From the most recent SEC N-PORT filing. The top-10 weight tells you how concentrated the fund is — broad-market trackers run 25-30%, single-theme funds often 50-70%.
| # | Holding | Weight | Value (USD) | Asset class |
|---|---|---|---|---|
| 1 | TOYOTA MOTOR CORPORATION | 4.41% | $896 M | EC |
| 2 | Mitsubishi UFJ Financial Group, Inc. | 4.09% | $830 M | EC |
| 3 | Hitachi, Ltd. | 2.88% | $585 M | EC |
| 4 | Sony Group Corporation | 2.72% | $552 M | EC |
| 5 | Sumitomo Mitsui Financial Group, Inc. | 2.66% | $540 M | EC |
| 6 | ADVANTEST CORPORATION | 2.54% | $516 M | EC |
| 7 | Tokyo Electron Limited | 2.42% | $492 M | EC |
| 8 | Mizuho Financial Group, Inc. | 2.13% | $433 M | EC |
| 9 | Mitsubishi Corporation | 2.09% | $424 M | EC |
| 10 | Mitsubishi Heavy Industries, Ltd. | 1.96% | $399 M | EC |
| 11 | SoftBank Group Corp. | 1.88% | $382 M | EC |
| 12 | MITSUI & CO., LTD. | 1.78% | $361 M | EC |
| 13 | ITOCHU Corporation | 1.65% | $336 M | EC |
| 14 | FAST RETAILING CO., LTD. | 1.60% | $326 M | EC |
| 15 | KEYENCE CORPORATION | 1.57% | $318 M | EC |
| 16 | Tokio Marine Holdings, Inc. | 1.47% | $298 M | EC |
| 17 | Mitsubishi Electric Corporation | 1.39% | $283 M | EC |
| 18 | Shin-Etsu Chemical Co., Ltd. | 1.28% | $259 M | EC |
| 19 | Nintendo Co., Ltd. | 1.20% | $243 M | EC |
| 20 | HOYA CORPORATION | 1.19% | $241 M | EC |
| 21 | Recruit Holdings Co.,Ltd. | 1.18% | $239 M | EC |
| 22 | Takeda Pharmaceutical Company Limited | 1.14% | $232 M | EC |
| 23 | Marubeni Corporation | 1.04% | $211 M | EC |
| 24 | KDDI CORPORATION | 0.97% | $197 M | EC |
| 25 | Sumitomo Electric Industries, Ltd. | 0.91% | $184 M | EC |
What we measure and what we leave out.
Data sources: SEC EDGAR N-PORT filings (holdings + filing-date timestamp); issuer fact sheets for expense ratio + AUM + inception; Yahoo Finance for daily NAV.
Expense ratio is the single biggest forward predictor of long-horizon performance. A 0.03% expense ratio compounds to a fundamentally different outcome than a 0.95% expense ratio over 25 years — even if the underlying index is identical.
Concentration risk lives in the top-10 weight. For broad-market trackers (VOO, VTI, SPY) the top-10 sits around 28-32%. For thematic funds — semiconductors, AI, cannabis — top-10 often crosses 60%. A "sector tilt" with 60% in 10 names is closer to active stock-picking than passive index exposure.
LRS + tax for Indian investors: US-listed ETFs are securities for Indian-tax purposes — held > 24 months = LTCG @ 12.5%, ≤ 24 months = slab-rate STCG. Distributions are dividends taxed at slab rates (US withholds 25%, creditable via DTAA). LRS USD 250,000 / FY cap applies to each remittance.
India-listed alternative: for S&P 500 / NASDAQ-100 exposure without LRS friction, see India-listed ETFs at /etfs/ (Motilal Oswal, Mirae, Nippon, etc. variants). Higher TER but no LRS hassle and INR-settled.
What this page does not model: tracking error vs underlying index, premium/discount to NAV, bid-ask spread on-exchange, currency-hedged variants (e.g. JPST-hedged), securities lending revenue (which subsidises some expense ratios).
ETF NAVs, tracking error and AUM are computed from AMFI disclosures. ETFs are subject to market risk and tracking-error risk. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.