JPAN ETF — Holdings & Analysis
The Matthews Japan Active ETF (JPAN) is an actively managed equity ETF focusing on Japanese stocks.
With approximately $0.01B in assets under management and an expense ratio of 0.79%, JPAN aims to outperform by selecting companies with growth potential in Japan. The fund differentiates itself through active management within the Japanese equity market, offering a focused approach compared to broader passive index funds. Past performance does not guarantee future results.
Matthews Japan Active ETF JPAN (JPAN) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Expense Ratio
What does JPAN hold?
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Industrials | 28.1% |
| Technology | 18.2% |
| Financial Services | 18.1% |
| Consumer Cyclical | 14.5% |
| Basic Materials | 5.5% |
| Healthcare | 4.2% |
| Real Estate | 4.1% |
| Consumer Defensive | 3.9% |
| Communication Services | 3.5% |
| Country | Weight |
|---|---|
| Japan | 95.4% |
| Other | 2.3% |
| Korea (the Republic of) | 1.4% |
| China | 0.8% |
Dividend Yield
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
- State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
- iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- Matthews China Discovery Active ETF MCHS (MCHS) (Equity) — 0.99% expense ratio
Risk Metrics
- Beta: 0.00
Questions & Answers
What is JPAN and what does it track?
The Matthews Japan Active ETF (JPAN) is an actively managed fund that invests primarily in the common and preferred stocks of companies located in Japan.
Unlike passive ETFs that track a specific index, JPAN's investment strategy involves active stock selection, aiming to outperform the broader Japanese equity market.
What is the expense ratio for JPAN?
The Matthews Japan Active ETF (JPAN) has an expense ratio of 0.79%. This means that for every $10,000 invested, $79 is used to cover the fund's operating expenses annually.
While this is higher than some passive ETFs, it is important to consider that JPAN is actively managed, which typically involves higher costs due to research and stock selection.
What are the top holdings in JPAN?
As of 2026-03-15, the top holdings in the Matthews Japan Active ETF (JPAN) are concentrated in leading Japanese companies.
The top three holdings are Tokyo Electron Ltd (4.80%), a major player in the semiconductor industry; Hitachi Ltd (4.48%), a diversified technology and industrial conglomerate; and Sumitomo Mitsui Financial Group Inc (4.39%), one of Japan's largest banking groups. These holdings reflect the fund's focus on key sectors within the Japanese economy.
Is JPAN a good long-term investment?
Whether JPAN is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. JPAN offers exposure to the Japanese equity market through an active management strategy.
The fund's performance will depend on the manager's ability to select stocks that outperform the market.
How does JPAN compare to similar ETFs?
JPAN differentiates itself through active management, while many Japan-focused ETFs are passively managed and track an index like the TOPIX. JPAN's expense ratio is 0.79%, which is higher than passively managed ETFs but typical for actively managed funds.
JPAN is smaller in terms of AUM ($0.01B) compared to some of the larger, more established Japan ETFs.
Does JPAN pay dividends?
According to the latest data, the Matthews Japan Active ETF (JPAN) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.
Investors seeking income from their investments may want to consider other ETFs with a higher dividend yield. However, JPAN's focus is primarily on capital appreciation through stock selection.