A side-by-side comparison of BMO Japan Index ETF (ZJPN) and CI WisdomTree Japan Equity Index ETF Hedged (JAPN) 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 | ZJPN | JAPN |
|---|---|---|
| YTD Return | +21.76% | +22.47%✓ |
| 1-Day Change | +1.29%✓ | +1.10% |
| 1-Week Change | +4.20%✓ | +3.27% |
| 1-Month Change | +8.36%✓ | +5.54% |
| Current Price | $51.87 | $79.02 |
| AUM | $673M✓ | $54M |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 1.20% | 2.03%✓ |
| Distribution Frequency | Quarterly | Quarterly |
| Inception Date | 2022-01-24 | 2018-08-01 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | — |
| Category | Geographic Equity | Geographic Equity |
| Beta | 0.77 | 0.71 |
| 52-Week High | $52.28 | $79.30 |
| 52-Week Low | $36.40 | $49.58 |
| 50-Day MA | $47.51 | $74.02 |
| 200-Day MA | $44.74 | $67.30 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZJPN | JAPN |
|---|---|---|
| YTD | +21.76% | +22.47%✓ |
| 1 Year | +31.85% | +50.12%✓ |
| 3 Year | +19.10% | +30.50%✓ |
| 5 Year | — | +25.35% |
| 10 Year | — | — |
| 1Y Volatility | 15.09% | 17.93% |
| Sharpe Ratio (3Y) | 1.36 | 1.78 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | 8306 | Mitsubishi UFJ Financial Group Inc | 3.98% |
| 2 | 7203 | Toyota Motor Corp | 3.51% |
| 3 | 8316 | Sumitomo Mitsui Financial | 2.53% |
| 4 | 6758 | Sony Corp | 2.45% |
| 5 | 6501 | Hitachi Ltd | 2.42% |
| 6 | 8035 | Tokyo Electron Limited | 2.40% |
| 7 | 9984 | Softbank Group Corp. | 2.22% |
| 8 | 6857 | Advantest Corp. | 2.13% |
| 9 | 8058 | Mitsubishi Corp. | 2.12% |
| 10 | 8411 | Mizuho Financial Group Inc | 1.92% |
| 1 | 8306 | Mitsubishi UFJ Financial Group Inc | 5.16% |
| 2 | 7203 | Toyota Motor Corp | 4.06% |
| 3 | 8316 | Sumitomo Mitsui Financial | 3.33% |
| 4 | 8766 | Tokio Marine Holdings Inc. | 2.86% |
| 5 | 8058 | Mitsubishi Corp. | 2.73% |
| 6 | 8411 | Mizuho Financial Group Inc | 2.54% |
| 7 | 2914 | Japan Tobacco Inc | 2.29% |
| 8 | 8035 | Tokyo Electron Limited | 2.22% |
| 9 | 9432 | Nippon Telegraph & Telephone Corp | 2.16% |
| 10 | 8031 | Mitsui & Co. Ltd. | 2.01% |
Sector Weights
| Sector | ZJPN | JAPN |
|---|---|---|
| Basic Materials | 3.67% | 7.86% |
| Communication Services | 7.84% | 3.61% |
| Consumer Cyclicals | 12.06% | 16.24% |
| Consumer Defensive | 3.83% | 4.73% |
| Energy | 0.90% | 1.65% |
| Financial Services | 16.47% | 18.67% |
| Healthcare | 5.68% | 6.40% |
| Industrials | 27.02% | 27.11% |
| Real Estate | 2.96% | 0.00% |
| Technology | 18.37% | 13.60% |
| Utilities | 1.21% | 0.13% |
About ZJPN
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About JAPN
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Which ETF is Right for You?
Both ZJPN and JAPN 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 ZJPN and JAPN?
ZJPN (BMO Japan Index ETF) and JAPN (CI WisdomTree Japan Equity Index ETF Hedged) are both Canadian-listed ETFs. Key differences include their AUM ($673M vs $54M), dividend yield (1.20% vs 2.03%), and year-to-date performance (+21.76% vs +22.47%).
Is ZJPN better than JAPN?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy ZJPN and JAPN on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZJPN and JAPN should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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