ETF Copilot
Japan

Is JPXN a good investment?

Updated October 9, 2026

iShares JPX-Nikkei 400 ETF (JPXN) is a Japan-focused ETF. As of October 9, 2026, ETF Copilot scores JPXN 3.3 out of 10 — highest on Return (5.2), lowest on Value (0.8). It trades at 16.7 times earnings, against its own median of 15.0. Its ten largest holdings are 17% of the fund.

What stands out in JPXN's data

Japanese large- and mid-cap firms with a focus on quality and growth at a discount.

A focused quality tilt within Japan’s large- and mid-cap space — direct exposure to firms with solid returns on capital.

How is JPXN rated? ETF Copilot scores iShares JPX-Nikkei 400 ETF (JPXN) 3.3 out of 10

As of October 9, 2026, ETF Copilot scores iShares JPX-Nikkei 400 ETF (JPXN) 3.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 3.3 / 10
  • Growth: 3.0 / 10
  • Value: 0.8 / 10
  • Risk: 4.7 / 10
  • Quality: 2.1 / 10
  • Return: 5.2 / 10

Is JPXN expensive right now? It trades at 16.7 times earnings, against its own median of 15.0

As of October 9, 2026, JPXN is more expensive than 80% of its own last 9 years.

Trailing 12 months, built from JPXN's holdings. How we calculate this →

What's inside JPXN? 20% Tech

What's inside JPXN: Size (Large 60%, Mid 32%, Small 8%); Geography (International 100%, US 0%); Tech 19.9%; AI 1.2%; Semiconductors 5.8%; Memory 3.5%.

What are JPXN's top holdings? The ten largest are 17% of the fund

Recruit, Advantest, Hitachi, Itochu, Sony, Mitsubishi UFJ Financial, Mizuho Financial, Tokio Marine, Mitsubishi and Mitsui are JPXN's largest holdings, in that order.

Less concentrated than 77% of Japan ETFs.

Half of JPXN's weight sits in its 40 largest positions, and once those weights are taken into account it behaves like 118 equally weighted holdings.

What is JPXN's expense ratio? 0.48% a year

As of October 9, 2026, JPXN charges 0.48% a year, yields 2.64% and holds $142M in assets across 401 positions.

iShares JPX-Nikkei 400 ETF (JPXN) — cost, income and size
MeasureJPXN
Expense ratio0.48%
Dividend yield2.64%
Assets under management$142M
Holdings401

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “iShares JPX-Nikkei 400 ETF (JPXN) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/jpxn

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