Japan ETFs

Updated  - May 14, 2026

The Japan-themed funds available to the US investor present a range of performance/volatility profiles and factor-weightings (volatility, beta or multi-factors) 

Hedged ETFs invested in Japanese equity - iShares Currency Hedged MSCI Japan ETF, WisdomTree Japan Hedged Equity Fund,  Xtrackers MSCI Japan Hedged Equity ETF and Franklin FTSE Japan Hedged ETF - continue to outperform 

WisdomTree Japan Hedged Equity Fund stands out with a favorable performance / risk (volatility) profile

Check my reports for further information

• Indispensable Yen (Dec. 2025)
• Central Banks and the yen carry-trade (Feb. 2026)
• Financial Challenges (May 2026)

To evaluate trends over short timeframes, rank the funds of the theme by momentum, computed by comparing the one-week average (5 days) to the monthly average

With your preferred timeframe - from menu at top right - check performance and volatility (risk) over different periods

Invesco CurrencyShares® Japanese Yen Trust  reflecting the perennial weakness of the currency is mentioned for information (not included)

For futher reference, our dedicated theme lists the wide range of performances of more than 200 US-listed Japanese companies 

The two Proshares Inverse ETFs may contribute to a hedge of long positions in Japanese equity or funds