MSCI Japan
The MSCI Japan index tracks large- and mid-caps of the Japanese equity market, covering roughly 85 % of its market capitalization.
2026+20.9 %
1J+20.0 %
52W
ETFs3
ETFs tracking this index
Composition – 50 largest holdings
Based on: Xtrackers MSCI Japan UCITS ETF 1d · as of 2026-09-15 · 168 holdings
| # | Stock | Ticker | Sector | Country | Weight |
|---|---|---|---|---|---|
| 1 | Mitsubishi UFJ Financial Group Inc. | 8306 | Financials | Japan | 4.74 % |
| 2 | Al-Elm Information Security | 7203 | Consumer Discretionary | Japan | 3.48 % |
| 3 | Sumitomo Mitsui Financial Group Inc. | 8316 | Financials | Japan | 3.05 % |
| 4 |  Softbank | 9434 | Communication Services | Japan | 2.94 % |
| 5 |  Advantest Corp. | 6857 | Information Technology | Japan | 2.81 % |
| 6 |  Hitachi Ltd. | 6501 | Industrials | Japan | 2.79 % |
| 7 |  Tokyo Electron Ltd. | 8035 | Information Technology | Japan | 2.77 % |
| 8 | Sony Group Corporation | 6758 | Consumer Discretionary | Japan | 2.56 % |
| 9 |  Kioxia Holdings Corporation | 285A | Information Technology | Japan | 2.51 % |
| 10 | Country Garden Services Holdings | 6098 | Industrials | Japan | 2.49 % |
Show holdings 11 to 50
- Mizuho Financial Group Inc. 2.43 %
Mitsubishi Corporation 1.86 %
Keyence Corporation 1.74 %
Tokio Marine Holdings Inc. 1.73 %
Itochu Corporation 1.54 %
Fast Retailing Co. Ltd. 1.47 %
Mitsui & Co.Ltd 1.45 %
Murata Manufacturing Co. Ltd. 1.44 %
Mitsubishi Heavy Industries Ltd. 1.44 %
Panasonic Holdings Corporation 1.19 %
Mitsubishi Electric Corp. 1.16 %
Shin-Etsu Chemical Co. Ltd. 1.14 %- Takeda Pharmaceutical Co. Ltd. 1.10 %
Nintendo Co. Ltd. 1.07 %
KDDI Corporation 1.07 %
Hoya Corp. 0.92 %
Fujikura Ltd 0.91 %
Sumitomo Corporation 0.90 %
Japan Tobacco Inc. 0.89 %- Softbank 0.86 %
Marubeni Corporation 0.84 %- ORIX Corporation 0.81 %
Daiichi Life Group. Inc. 0.79 %
Fujitsu Limited 0.77 %
Komatsu Ltd. 0.74 %
MS&AD Insurance Group Holdings Inc. 0.74 %- Honda Motor Co. Ltd. 0.73 %
- Sumitomo Electric Industries Ltd. 0.72 %
Japan Post Bank Co. Ltd. 0.71 %
NEC Corporation 0.68 %- Sompo HoldingsInc. 0.67 %
Renesas Electronics Corporation 0.67 %
Fanuc Corporation 0.65 %
TDK Corporation 0.64 %
NTT Inc 0.64 %
Resona Holdings Inc. 0.63 %
Daikin Industries Ltd. 0.63 %- Nomura Holdings 0.59 %
Toyota Tsusho Corp. 0.58 %
Otsuka Corp. 0.58 %
Sectors
Countries
Performance
| Year to date | +20.9 % | 1 month | -0.6 % |
|---|---|---|---|
| 3 months | +3.7 % | 1 year | +20.0 % |
| Calendar year 2025 | +20.3 % |
Risk metrics
Max drawdown-16.0 %
Volatility p.a.21.0 %
Correlations (90 trading days)
The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.
| Instrument | r | −1 … +1 |
|---|---|---|
| MSCI ACWI | +0.85 | |
| Nasdaq 100 | +0.83 | |
| MSCI Emerging Markets | +0.83 | |
| Waste Management Inc. | -0.59 | |
| Altria Group Inc. | -0.58 | |
| Republic Services Inc. | -0.54 |
Next events
Latest Investment Intelligence News: Indices
· MixedCrypto tops stocks: Bitcoin at +1.8% versus the S&P 500's -0.5% – September 14, 2026
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· Risk-offBroad-based sell-off: just 17 of 91 assets close higher – September 10, 2026