Xtrackers Japan JPX-Nikkei 400 Equity ETF
JPN
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Jun 24, 2015
- CIK
- 0001503123
- Similar Companies
- Business
- Xtrackers Japan JPX-Nikkei 400 Equity ETF (JPN) is an exchange-traded fund that seeks to correspond to the performance, before fees and expenses, of the JPX-Nikkei 400 Index. The fund employs a full replication indexing strategy, investing at least 80% of its total assets in the component securities, including depositary receipts, of the underlying index, which comprises approximately 400 Japanese companies selected from the Tokyo Stock Exchange's 1st section, 2nd section, Mothers, and JASDAQ based on return on equity, cumulative operating profit, and market capitalization; the index focuses on high-quality, capital-efficient issuers primarily in Japan. Launched on June 24, 2015, and issued by DWS Group (formerly Deutsche Bank Asset Management) through its Xtrackers brand, the ETF targets investors seeking exposure to large- and mid-cap Japanese equities screened for profitability and shareholder-friendly practices, with an expense ratio of 0.09% and operations centered on U.S. and global markets via NYSE Arca listing. The ETF provides diversified access to Japanese equity sectors including industrials, consumer discretionary, information technology, and financials, mirroring the index's composition without hedging foreign currency risk or entering into derivative transactions for hedging purposes; it concentrates investments in industries to the extent of the index's weighting, such as significant exposure to Japanese makers as of recent data. In March 2022, DWS announced the closure and liquidation of the JPN ETF, with final distributions paid to shareholders on March 16, 2022, at $28.85032 per share, as part of a periodic review to streamline its ETF suite amid low assets under management; post-liquidation, the ticker JPN has seen limited or erroneous trading quotes on some platforms, but no relaunches, acquisitions, or strategic expansions specific to this product have occurred since.