Compare BMO Japan Index ETF (ZJPN) vs BMO Japan Index ETF (ZJPN.F) to find the best fit for your portfolio. ZJPN and ZJPN.F provide the same top sector exposures: Industrials, Consumer Discretionary, and Financials. When evaluating costs, ZJPN features a management fee (MER) of 0.35%, compared to 0.35% for ZJPN.F. Performance-wise, ZJPN has returned 11.34% year-to-date with +$108 M in net flows, whereas ZJPN.F is at 12.59% with +$3 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
ZJPN
ZJPN.F
| AuM | $641.78 M | $64.36 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | 0.34% | -0.24% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZJPN | +4.14% | +0.49% | +11.34% | +28.74% | +70.01% |
ZJPN.F | +4.37% | +0.79% | +12.59% | +44.27% | +110.76% | |
| Flows | ZJPN | +$5 M | +$106 M | +$108 M | +$129 M | +$4 M |
ZJPN.F | +$0 M | -$0 M | +$3 M | +$50 M | +$52 M |
ZJPN vs ZJPN.F exposure
Countries
ZJPN
Japan
100.00%
ZJPN.F
Japan
100.00%
Sectors
ZJPN
Industrials
25.96%
Consumer Discretionary
16.15%
Financials
16.04%
Information Technology
12.48%
Other
29.37%
ZJPN.F
Industrials
25.96%
Consumer Discretionary
16.15%
Financials
16.04%
Information Technology
12.48%
Other
29.37%
As of May 7, 2026
Top 10 Holdings
ZJPN
TOYOTA
4.18%
MITSUBISHI UFJ FINANCIAL GROUP
3.64%
HITACHI
2.41%
SUMITOMO MITSUI
2.36%
SONY GROUP CORPORATION
2.36%
MITSUBISHI
2.35%
TOKYO ELECTRON
2.14%
MITSUI
1.87%
MIZUHO FINANCIAL
1.85%
ADVANTEST
1.82%
ZJPN.F
TOYOTA
4.18%
MITSUBISHI UFJ FINANCIAL GROUP
3.64%
HITACHI
2.41%
SUMITOMO MITSUI
2.36%
SONY GROUP CORPORATION
2.36%
MITSUBISHI
2.35%
TOKYO ELECTRON
2.14%
MITSUI
1.87%
MIZUHO FINANCIAL
1.85%
ADVANTEST
1.82%
Diversification
ZJPN
Total weight of top 10 holdings out of 305 total
24.99%
ZJPN.F
Total weight of top 10 holdings out of 305 total
24.99%
Characteristics
Compare
ZJPN
ZJPN.F
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS Japan Large & Mid Cap NTR Index - CAD | Solactive GBS Japan Large & Mid Cap Hedged to CAD NTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.24% | 1.13% |
| Meets ESG criteria | No | No |
| Inception Date | January 17, 2022 | January 17, 2022 |
Frequently asked questions about ZJPN and ZJPN.F
Which ETF has performed better year to date: ZJPN or ZJPN.F?
As of May 7, 2026, ZJPN has returned 11.34% year to date, while ZJPN.F has returned 12.59%. ZJPN.F is ahead on YTD performance.
Which ETF is larger by assets under management: ZJPN or ZJPN.F?
As of May 7, 2026, ZJPN manages $641.78 M in assets, while ZJPN.F manages $64.36 M. ZJPN is the larger fund by AUM.
How are ZJPN and ZJPN.F managed?
ZJPN is passively managed by BMO. It tracks the Solactive GBS Japan Large & Mid Cap NTR Index - CAD benchmark. ZJPN.F is passively managed by BMO. It tracks the Solactive GBS Japan Large & Mid Cap Hedged to CAD NTR Index - CAD benchmark.
What sectors do ZJPN and ZJPN.F emphasize?
ZJPN is most exposed to Industrials, Consumer Discretionary, and Financials. ZJPN.F is most exposed to Industrials, Consumer Discretionary, and Financials.
Which ETF is attracting more investor flows: ZJPN or ZJPN.F?
Year to date, ZJPN has seen +$108.46 M in net flows, compared with +$2.89 M for ZJPN.F. ZJPN has attracted more net investor money so far.
How do the fees of ZJPN and ZJPN.F compare?
ZJPN has an expense ratio of 0.39%, while ZJPN.F has an expense ratio of 0.39%.
What are the top holdings of ZJPN and ZJPN.F?
ZJPN's largest holdings include TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP, and HITACHI. ZJPN.F's top holdings include TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP, and HITACHI.
Which ETF is more diversified: ZJPN or ZJPN.F?
ZJPN holds 299 securities, while ZJPN.F holds 299. On holdings count, ZJPN is the more diversified portfolio.
Recent articles about ZJPN and ZJPN.F
Japan ETFs Rally as Takaichi Win Drives Global Flows
Political stability and structural reform lift Japan equities — and Canadian-listed ETFs are following.
Posted on 2/16/2026 by ETF Market Canada inJapan
US–Japan Trade Deal Sparks Rally in Canadian Japan ETFs
Tariff relief and $550 billion investment pledge lift Canadian-listed funds tracking Japanese equities.
Posted on 7/28/2025 by ETF Market Canada inJapan
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