Question 1

What is ZJPN?

Accepted Answer

ZJPN — BMO Japan Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the ZJPN ETF price today?

Accepted Answer

ZJPN last traded at $50.21 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZJPN MER (management expense ratio)?

Accepted Answer

ZJPN has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZJPN is considered a low-cost ETF.

Question 4

What are ZJPN annualised returns?

Accepted Answer

ZJPN historical returns: YTD: +17.86%, 1-year: +18.38%, 3-year annualised: +21.18%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.63, which measures risk-adjusted return.

Question 5

Does ZJPN pay dividends or distributions?

Accepted Answer

Yes, ZJPN distributes income to unitholders. The current distribution yield is approximately 1.04%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZJPN invest in?

Accepted Answer

ZJPN's top holdings include Mitsubishi UFJ Financial Group Inc (8306, 4.5%), Toyota Motor Corp (7203, 2.8%), Sumitomo Mitsui Financial (8316, 2.7%), Tokyo Electron Limited (8035, 2.6%), Hitachi Ltd (6501, 2.6%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 7

What sectors does ZJPN invest in?

Accepted Answer

ZJPN's largest sector exposures are Industrials (23.7%), Technology (19.9%), Financial Services (17.8%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZJPN? (Assets under management)

Accepted Answer

ZJPN has approximately $722M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZJPN launched?

Accepted Answer

ZJPN was launched on January 24, 2022, giving it a 4-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZJPN in Canada?

Accepted Answer

ZJPN trades on the TSX under the ticker ZJPN. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZJPN?

Accepted Answer

ZJPN has a 1-year volatility of 14.87% and a beta of 0.79 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.63 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-22	$50.24	$50.44	$50.09	$50.21	$50.21	29,433
2026-10-21	$50.91	$51.09	$50.78	$50.93	$50.93	4,070
2026-10-20	$50.63	$51.05	$50.50	$50.75	$50.75	2,995
2026-10-19	$51.06	$51.06	$50.73	$50.79	$50.79	2,523
2026-10-16	$51.22	$51.22	$50.68	$50.74	$50.74	7,449
2026-10-15	$50.97	$51.23	$50.73	$51.18	$51.18	11,710
2026-10-14	$52.50	$52.50	$51.59	$51.60	$51.60	10,164
2026-10-13	$52.50	$52.50	$52.16	$52.24	$52.24	8,456
2026-10-09	$52.93	$52.93	$52.52	$52.86	$52.86	9,500
2026-10-08	$52.51	$52.63	$52.31	$52.63	$52.63	3,999

#	Ticker	Name	Weight
1	8306	Mitsubishi UFJ Financial Group Inc	4.48%
2	7203	Toyota Motor Corp	2.84%
3	8316	Sumitomo Mitsui Financial	2.73%
4	8035	Tokyo Electron Limited	2.59%
5	6501	Hitachi Ltd	2.65%
6	6857	Advantest Corp.	2.61%
7	9984	Softbank Group Corp.	2.42%
8	285A	Kioxia Holdings Corporation	2.21%
9	6098	Recruit Holdings Co Ltd	2.43%
10	6758	Sony Corp	2.24%

Sector	Weight
Industrials	23.74%
Technology	19.95%
Financial Services	17.80%
Consumer Cyclicals	11.03%
Communication Services	9.09%
Healthcare	5.16%
Consumer Defensive	3.79%
Basic Materials	3.21%
Real Estate	2.29%
Utilities	1.21%
Energy	0.87%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

BMO Japan Index ETF (ZJPN : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO Japan Index ETF

ETF Details

7 stocks to buy and hold forever

Explore More

Frequently Asked Questions — ZJPN