A side-by-side comparison of CI WisdomTree Japan Equity Index ETF Hedged (JAPN) and BMO Japan Index ETF (ZJPN) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | JAPN | ZJPN |
|---|---|---|
| YTD Return | +19.73%✓ | +16.97% |
| 1-Day Change | -0.64%✓ | -1.60% |
| 1-Week Change | -0.71%✓ | -2.77% |
| 1-Month Change | +3.22%✓ | +2.78% |
| Current Price | $77.25 | $49.83 |
| AUM | $54M | $673M✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 1.56%✓ | 1.15% |
| Distribution Frequency | Quarterly | Quarterly |
| Inception Date | 2018-08-01 | 2022-01-24 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | — |
| Category | Geographic Equity | Geographic Equity |
| Beta | 0.68 | 0.77 |
| 52-Week High | $79.02 | $52.13 |
| 52-Week Low | $50.25 | $36.30 |
| 50-Day MA | $75.43 | $48.78 |
| 200-Day MA | $68.63 | $45.33 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | JAPN | ZJPN |
|---|---|---|
| YTD | +19.73%✓ | +16.97% |
| 1 Year | +50.12%✓ | +31.85% |
| 3 Year | +30.50%✓ | +19.10% |
| 5 Year | +25.35% | — |
| 10 Year | — | — |
| 1Y Volatility | 17.93% | 15.09% |
| Sharpe Ratio (3Y) | 1.78 | 1.36 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | 8306 | Mitsubishi UFJ Financial Group Inc | 5.42% |
| 2 | 7203 | Toyota Motor Corp | 3.63% |
| 3 | 8316 | Sumitomo Mitsui Financial | 3.58% |
| 4 | 8035 | Tokyo Electron Limited | 3.25% |
| 5 | 8766 | Tokio Marine Holdings Inc. | 2.85% |
| 6 | 8411 | Mizuho Financial Group Inc | 2.70% |
| 7 | 8058 | Mitsubishi Corp. | 2.32% |
| 8 | 2914 | Japan Tobacco Inc | 2.27% |
| 9 | 6981 | Murata Mfg Co | 2.11% |
| 10 | 9432 | Nippon Telegraph & Telephone Corp | 2.05% |
| 1 | 8306 | Mitsubishi UFJ Financial Group Inc | 3.95% |
| 2 | 7203 | Toyota Motor Corp | 3.28% |
| 3 | 8035 | Tokyo Electron Limited | 2.96% |
| 4 | 9984 | Softbank Group Corp. | 2.57% |
| 5 | 8316 | Sumitomo Mitsui Financial | 2.57% |
| 6 | 6501 | Hitachi Ltd | 2.31% |
| 7 | 6758 | Sony Corp | 2.27% |
| 8 | 6857 | Advantest Corp. | 2.08% |
| 9 | 8411 | Mizuho Financial Group Inc | 2.07% |
| 10 | 8058 | Mitsubishi Corp. | 1.80% |
Sector Weights
| Sector | JAPN | ZJPN |
|---|---|---|
| Basic Materials | 7.86% | 3.67% |
| Communication Services | 3.61% | 7.84% |
| Consumer Cyclicals | 16.24% | 12.06% |
| Consumer Defensive | 4.73% | 3.83% |
| Energy | 1.65% | 0.90% |
| Financial Services | 18.67% | 16.47% |
| Healthcare | 6.40% | 5.68% |
| Industrials | 27.11% | 27.02% |
| Real Estate | 0.00% | 2.96% |
| Technology | 13.60% | 18.37% |
| Utilities | 0.13% | 1.21% |
About JAPN
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About ZJPN
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Which ETF is Right for You?
Both JAPN and ZJPN are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, JAPN scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between JAPN and ZJPN?
JAPN (CI WisdomTree Japan Equity Index ETF Hedged) and ZJPN (BMO Japan Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($54M vs $673M), dividend yield (1.56% vs 1.15%), and year-to-date performance (+19.73% vs +16.97%).
Is JAPN better than ZJPN?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, JAPN has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy JAPN and ZJPN on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both JAPN and ZJPN should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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