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ETFs

iShares JPX-Nikkei 400 ETF

JPXN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 23, 2001
Expense Ratio
0.48%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$991,096
AUM
$128,077,815
Associated Index
JPX-Nikkei 400 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

8306
Mitsubishi UFJ Financial Group, Inc.
1.83%
8316
Sumitomo Mitsui Financial Group Inc
1.82%
7267
Honda Motor
1.76%
7203
Toyota Motor Corporation
1.76%
6501
Hitachi Ltd.
1.61%
8411
Mizuho Financial Group, Inc.
1.60%
8058
Mitsubishi Corporation
1.58%
9432
Nippon Telegraph & Telephone Corp.
1.56%
4502
Takeda Pharmaceutical Co
1.52%
9433
KDDI Corp.
1.52%
Invest with JPXN

What is JPXN?

The iShares JPX-Nikkei 400 ETF (JPXN) seeks to track the investment results of a broad-based benchmark composed of Japanese equities. The benchmark consisting of 400 Japanese securities that pass a rigorous screening process. The index uses indicators such as return on equity (ROE), cumulative operating profit, and market capitalization to select high-quality, capitally-efficient Japanese companies.

ETFs related toJPXN

ETFs correlated to JPXN include EWJ, BBJP, FLJP

JPXN
BlackRock Institutional Trust Company N.A. - iShares JPX-Nikkei 400 ETF
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
BBJP
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Japan ETF
FLJP
Franklin Templeton ETF Trust - Franklin FTSE Japan ETF
IPAC
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Pacific ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
SCJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan Small-Cap ETF
EWJV
iShares Trust - iShares MSCI Japan Value ETF
DFJ
WisdomTree Trust - WisdomTree Japan SmallCap Dividend Fund
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toJPXN

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JPXN using Composer

FAQ

JPXN is a Global Ex. US Equities ETF. The iShares JPX-Nikkei 400 ETF (JPXN) seeks to track the investment results of a broad-based benchmark composed of Japanese equities. The benchmark consisting of 400 Japanese securities that pass a rigorous screening process. The index uses indicators such as return on equity (ROE), cumulative operating profit, and market capitalization to select high-quality, capitally-efficient Japanese companies.

JPXN tracks the JPX-Nikkei 400 Index.

No, JPXN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, JPXN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JPXN is 0.0288%. This is the percent change in the value of JPXN over the most recent 1-month period. The 3-month return on JPXN is 0.0081%. This is the percent change in the value of JPXN over the most recent 3-month period.

The standard deviation of JPXN for the past year is 0.1683%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JPXN include EWZ, EWW, and EWT.

ETFs correlated to JPXN include EWJ, BBJP, and FLJP.

ETFs that are inversely correlated to JPXN include EFZ, EPV, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.