FUND NAME AND TICKER
Tracks the TOPIX-17 BANKS Index, aiming to replicate the performance of its constituent stocks.
Focused on Japan’s banking industry, mainly large‑cap stocks such as Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho; top three holdings ~68%.
Japanese banks operate extensive international businesses, creating broader market opportunities.
As monetary policy normalizes, net interest margins (NIM) are expected to expand, improving profitability; banking ETFs stand to benefit.
TOP HOLDINGS
(as of 5 August 2026)
YEAR TO DATE RETURNS
PRICE CHART
(Source: Bloomberg)
FUND NAME AND TICKER
Tracks the TOPIX-17 Commercial & Wholesale Trade Index, seeking to replicate the performance of its constituent stocks.
The ETF focuses on Japan’s five major trading companies, including Mitsubishi Corporation, Mitsui & Co., and Itochu. The top five holdings account for about 78% of the portfolio.
Japan’s trading companies are not traditional trading firms but industrial orchestrators spanning resources, energy, infrastructure, and consumer sectors. Their diversified model makes them a unique investment proxy for Japan’s broader economy.
Japan’s macro fundamentals are strengthening, with upgrades in private consumption, corporate investment, and government spending. Solid domestic demand continues to support the economic recovery.
TOP HOLDINGS
(as of 5 August 2026)
YEAR TO DATE RETURNS
PRICE CHART
(Source: Bloomberg)
