Betashares Japan Currency Hedged ETF (HJPN.AX)

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Betashares Japan Currency Hedged ETF (HJPN.AX) is up 25.9% since the beginning of the year. HJPN.AX is currently trading at A$30 per share. Investors who bought A$1,000 worth of HJPN.AX shares 5 years ago would now be looking at an investment worth A$2,476.

Betashares Japan Currency Hedged ETF (HJPN.AX) has returned 25.87% so far this year and 56.07% over the past 12 months. Looking at the last ten years, HJPN.AX has achieved an annualized return of 15.57%, outperforming the S&P 500 Index benchmark, which averaged 14.27% per year.

Based on dividend-adjusted daily data since May 10, 2016, HJPN.AX's average daily return is +0.06%, while the average monthly return is +1.27%. At this rate, an investment would double in approximately 4.6 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +12.6%, while the worst month was Jun 2016 at -11.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HJPN.AX closed higher 52% of trading days. The best single day was Oct 5, 2025 with a return of +10.8%, while the worst single day was Aug 5, 2024 at -14.5%.

Betashares Japan Currency Hedged ETF has an annualized alpha of 15.07%, beta of 0.10, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since May 10, 2016.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (81.26%) than losses (70.15%) - typical of diversified or defensive assets.
• Beta of 0.10 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HJPN.AX ranks 84 for risk / return — in the top 84% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Betashares Japan Currency Hedged ETF provided a 5.93% dividend yield over the last twelve months, with an annual payout of A$1.80 per share.

The table displays the monthly dividend distributions for Betashares Japan Currency Hedged ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Betashares Japan Currency Hedged ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Betashares Japan Currency Hedged ETF was 36.74%, occurring on Mar 23, 2020. Recovery took 187 trading sessions.

The current Betashares Japan Currency Hedged ETF drawdown is 4.46%.

The chart below shows the rolling one-month volatility.