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iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP : NEO)

Geographic Equity

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

Close
(10-10-2024)
$27.81
Change
-$0.11 (-0.39%)
Open $27.59
Day Range $27.53 - $27.81
Volume 1,398

As at September 30, 2024

As at September 30, 2024

As at July 31, 2024

Period
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Legend

iShares Japan Fundamental Index ETF (CAD-Hedged)

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Fund Returns

Inception Return (February 14, 2007): 3.19%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -1.46% -5.32% -1.95% 18.84% 20.19% 29.59% 17.92% 21.96% 16.05% 10.57% 10.58% 12.83% 10.21% 9.94%
Benchmark 3.15% 10.54% 9.96% 17.24% 26.74% 17.83% 9.52% 13.87% 10.95% 10.29% 9.65% 9.59% 10.09% 8.09%
Category Average 0.64% 7.92% 7.92% 18.37% 25.78% 22.72% 7.50% 12.65% 11.22% 9.17% 8.79% 9.12% 9.46% 7.87%
Category Rank 28 / 30 29 / 30 29 / 30 14 / 30 26 / 30 2 / 30 2 / 27 2 / 27 2 / 27 10 / 25 4 / 23 2 / 17 4 / 17 9 / 17
Quartile Ranking 4 4 4 2 4 1 1 1 1 2 1 1 1 3

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -2.90% 4.71% -0.52% 9.20% 5.81% 4.90% 0.94% 1.44% 1.15% -0.37% -3.57% -1.46%
Benchmark -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15%

Best Monthly Return Since Inception

12.86% (April 2008)

Worst Monthly Return Since Inception

-24.47% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.31% 9.85% -0.51% 19.94% -16.38% 13.84% -1.48% 17.83% 5.61% 33.78%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 5.58% 3.66% 2.24% 28.39% -9.85% 12.16% 14.68% 11.64% -10.77% 19.30%
Quartile Ranking 3 4 2 3 4 2 4 2 1 1
Category Rank 7/ 13 14/ 17 6/ 17 12/ 19 23/ 23 12/ 25 27/ 27 9/ 27 2/ 27 2/ 30

Best Calendar Return (Last 10 years)

33.78% (2023)

Worst Calendar Return (Last 10 years)

-16.38% (2018)

Asset Allocation

Asset Allocation
Name Percent
International Equity 100.00

Sector Allocation

Sector Allocation
Name Percent
Consumer Goods 21.49
Financial Services 17.28
Industrial Goods 12.84
Industrial Services 12.71
Real Estate 6.45
Other 29.23

Geographic Allocation

Geographic Allocation
Name Percent
Asia 100.00

Top Holdings

Top Holdings
Name Percent
Toyota Motor Corp 4.46
Mitsubishi UFJ Financial Group Inc 3.36
Sumitomo Mitsui Financial Group Inc 2.84
Sony Group Corp 2.31
Hitachi Ltd 2.30
Mitsubishi Corp 2.03
Mizuho Financial Group Inc 1.97
SoftBank Group Corp 1.73
Honda Motor Co Ltd 1.67
Itochu Corp 1.43

Equity Style

Market capitalization is large. Equity style is value.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

iShares Japan Fundamental Index ETF (CAD-Hedged)

Median

Other - Geographic Equity

3 Yr Annualized

Standard Deviation 12.02% 14.54% 15.93%
Beta 0.41% 0.53% 0.69%
Alpha 0.13% 0.10% 0.05%
Rsquared 0.22% 0.33% 0.30%
Sharpe 1.16% 0.95% 0.58%
Sortino 2.33% 1.49% 0.71%
Treynor 0.34% 0.26% 0.13%
Tax Efficiency 95.84% 95.21% 93.78%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.26% 12.02% 14.54% 15.93%
Beta 0.26% 0.41% 0.53% 0.69%
Alpha 0.13% 0.13% 0.10% 0.05%
Rsquared 0.05% 0.22% 0.33% 0.30%
Sharpe 1.10% 1.16% 0.95% 0.58%
Sortino 3.06% 2.33% 1.49% 0.71%
Treynor 0.57% 0.34% 0.26% 0.13%
Tax Efficiency 96.75% 95.84% 95.21% 93.78%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date February 14, 2007
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Semi Annual
Assets ($mil) $82
52 Week High $30.10
52 Week Low $21.77
Annual Dividend $0.38
Annual Yield -
Index FTSE RAFI Japan Index CAD Hedged
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

iShares Japan Fundamental Index Fund seeks to track the FTSE RAFI Japan C$ Hedged Index, less fees and expenses. CJP selects constituents by 3 accounting factors (tracked over 5 consecutive years) including: total cash dividends, free cash flow and total sales, as well as, current-period book equity value. CJP offers lower costs with a hedged exposure to the Yen, reducing risks for Canadians.

Investment Strategy

CJP’s current principal investment strategy is to employ a Replicating Strategy. In addition to or as an alternative to this strategy, CJP may invest by employing a Sampling Strategy, by investing in one or more iShares ETFs and/or through the use of derivatives. CJP employs a Currency Hedging Strategy with respect to foreign currency exposure.

Portfolio Manager(s)

Name Start Date
BlackRock Institutional Trust Company, N.A. 05-18-2012
BlackRock Asset Management Canada Limited 08-02-2019

Management and Organization

Fund Manager BlackRock Asset Management Canada Limited
Advisor BlackRock Asset Management Canada Limited
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.72%
Management Fee 0.65%

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