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JAPN · Horizon Kinetics Japan Owner Operator ETF

Equity fundActively managed0.85% fee$23mSince May 13, 2025SEC filings ↗
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JAPN is actively managed and returned −6.8% over the past year.

−6.8%
Total return, 1 year
0.85%
Expense ratio
33
Holdings
−11.5%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026+10.0%+3.6%+6.4 pts+4.7 pts
6M Apr 2 – Oct 2, 2026+11.8%+17.9%−6.2 pts−16.6 pts
1Y Oct 2, 2025 – Oct 2, 2026−6.8%+16.2%−23.1 pts−31.2 pts
Since listing May 13, 2025 – Oct 2, 2026+2.2%+33.3%−31.1 pts−44.1 pts

JAPN over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

JAPN top ten by weight, 48.6% of its 33 equity positions, from the holdings filed for Jun 30, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

Furuno Electric Co Ltd 6814 9.05%
Japan Elevator Service Holding 6544 5.14%
Finatext Holdings Ltd 4419 4.94%
Resorttrust Inc 4681 4.74%
M&A Capital Partners Co Ltd 6080 4.55%
Furyu Corp 6238 4.49%
Hikari Tsushin Inc 9435 4.03%
ULS Group Inc 3798 4.00%
Kotobuki Spirits Co Ltd 2222 3.96%
Pan Pacific International Hold 7532 3.74%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
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In plain words

JAPN is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned −6.8% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.85% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 33 positions, with the top ten at 48.6%. It sat 11.5% below its high of Aug 18, 2025 on Oct 2, 2026.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · Japan
Expense ratio (485BPOS XBRL, Apr 27, 2026)0.85%
Price$25.57
Listed sinceMay 13, 2025
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$23m
Below its high (ETFIQ)−11.5%
Holdings33
Top ten weight48.6%
Holdings as of (SEC N-PORT)Jun 30, 2026
Already in the S&P 500, by weight (ETFIQ)0.0%
Active share vs the S&P 500 (ETFIQ)100.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about JAPN

How has JAPN performed?
Over the year to Oct 2, 2026, JAPN returned −6.8% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.
What does JAPN cost?
The prospectus expense ratio is 0.85% a year.
What does JAPN hold?
33 positions as filed for Jun 30, 2026, with the top ten at 48.6% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
How far is JAPN below its high?
11.5% below its high of Aug 18, 2025, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, JAPN and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.85%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $23mSEC filing, whole fund · Jun 30, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jun 30, 2026 ↗
IssuerHorizon Kinetics website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceHorizon Kinetics’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, JAPN, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/japn

Free to use with attribution; the underlying files are at Open data.

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