IJP invests in large and mid-sized Japanese companies, such as Mitsubishi UFJ, Toyota and Advantest. It charges 0.50% a year, has $1.6b invested and returned +19.3% over the past year. The most similar ETF is J100, which overlaps with it by about 87%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from IJP’s published holdings as at 30 October 2026.
Is it a good time to buy IJP?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where IJP stands right now.
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| Net flow, September | +$0m |
| Net flow, 2026 so far | +$216m |
| Average month in 2026 | +$24m |
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →IJP is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell IJP. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.
What is IJP?
Index: MSCI Japan Index · Issuer: iShares (BlackRock) · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 30% of IJP.
| # | Company | Weight | |
|---|---|---|---|
| 1 | Mitsubishi UFJ Financial Group IncFinancials | 4.53% | |
| 2 | Toyota Motor CorpConsumer Discretionary | 3.58% | |
| 3 | Advantest CorpInformation Technology | 3.13% | |
| 4 | Recruit Holdings Co LtdIndustrials | 3.13% | |
| 5 | Sumitomo Mitsui Financial Group IncFinancials | 2.89% | |
| 6 | Sony Group CorpConsumer Discretionary | 2.83% | |
| 7 | Hitachi LtdIndustrials | 2.77% | |
| 8 | Tokyo Electron LtdInformation Technology | 2.60% | |
| 9 | Mizuho Financial Group IncFinancials | 2.21% | |
| 10 | SoftBank Group CorpCommunication Services | 2.04% |
Sector breakdown
ETFs most similar to IJP
How much each ETF’s holdings overlap with IJP, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| J100Global X Japan Topix 100 ETF | 87% | Compare in calculator → |
| HJPNBetashares Japan Currency Hedged ETF | 73% | Compare in calculator → |
| VLUEVanEck MSCI International Value ETF | 22% | Compare in calculator → |
| HVLUVanEck MSCI International Value (Aud Hedged) ETF | 22% | Compare in calculator → |
| IVEiShares MSCI EAFE ETF | 20% | Compare in calculator → |
| EXUSBetashares Global Shares Ex Us ETF | 20% | Compare in calculator → |
Core or satellite?
SATELLITE Asia & emerging markets
IJP is a satellite: a single-country tilt to Japan. In our approach, satellites are bought when they break out of a base into an uptrend, kept to a small slice of the portfolio, and sold with a stop loss. Read more in core and satellite investing.
Read more: The base and trend method · When to buy an ETF
IJP FAQs
Is IJP a good ETF?
IJP is the largest Japan ETF on the ASX. Japan has improved after decades of weak returns, but a single-country ETF suits a satellite role. Whether it suits you depends on your goals and the rest of your portfolio.
What does IJP invest in?
IJP invests in large and mid-sized Japanese companies, such as Mitsubishi UFJ, Toyota and Advantest. Its largest holdings are Mitsubishi UFJ Financial Group Inc, Toyota Motor Corp, Advantest Corp, and its biggest sector is industrials at about 22%.
What ETFs are similar to IJP?
The ETFs with the most overlap with IJP are J100 (about 87%) and HJPN (about 73%). Use the free ETF overlap calculator to check your own mix.
Should I own IJP and J100 together?
Usually there is little point: their holdings overlap by about 87%, so owning both mostly doubles up.
Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from iShares (BlackRock) as at 30 October 2026. Chart: TradingView. General information only, not a recommendation to buy or sell IJP. Consider the PDS and TMD before investing.