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Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF Hedged EUR DistIndex, costs, backtest, listings and taxation

ISIN: LU1646360542Ticker: JPNE (Xetra) · JPHD (Euronext Paris)Issuer: AmundiClass: UCITS ETF Hedged EUR Dist
Issuer-declared data
Declared index
MSCI Japan SRI Filtered PAB Index
TER
0.20%
Transaction costs
0.02% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Fund assets
2.1 mln EUR
NAV
38.15 EUR (1 September 2026)
Domicile
Luxembourg
Inception date
18 November 2022
Data as declared by Amundi in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF Hedged EUR Dist tracks the issuer-declared index: MSCI Japan SRI Filtered PAB Index. Mind the share class: this is the version hedged to EUR — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.20%, plus 0.02% in transaction costs estimated by the issuer in the KID. Replication is direct physical replication; income is distributed to investors. The fund has assets of about 2 million euro, was launched on 18 November 2022 and is domiciled in Luxembourg. In our registry 1 other ETFs declare the same index.

The fund’s objective — in the issuer’s words

This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of the MSCI JAPAN SRI Filtered PAB Index (the "Index"), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index. The anticipated level of the tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. The Index is a Total Return Index : the dividends net of tax paid by the Index constituents are included in the index return. The Sub-Fund promotes environmental and/or social characteristics through among others, replicating an Index integrating an environmental, social and governance ("ESG") rating. The Index is an equity index based on the MSCI Japan index representative of the large and mid-cap stocks of Japanese market (the "Parent Index"). The Index provides exposure to companies with outstanding ESG ratings and excludes companies whose products have a negative social or environmental impact. In addition, the Index aims to represent the performance of a strategy that re-weights securities according to the opportunities and risks associated with the climate transition, in order to meet the minimum requirements of the EU Regulation on Paris Agreement Benchmarks (EU PAB). The ESG key issues include mainly carbon intensity. For further information on the exclusions applied by the Index pursuant to the EU Paris-aligned Benchmarks (PAB), please refer to the "Guidelines on funds’ names using ESG or sustainability-related terms" section of the Prospectus. The limits of the approach adopted are described in the Sub-Fund's prospectus through risk factors such as Sustainable investment risk. The ESG score of companies is calculated by an ESG rating agency, using raw data, models and estimates collected/calculated using methods specific to each provider. Due to the lack of standardisation and the uniqueness of each methodology, the information provided may be incomplete. Assessment of sustainability risks is complex and may be based on ESG data which is difficult to obtain, incomplete, estimated, out of date and/or otherwise materially inaccurate. Even when identified, there can be no guarantee that these data will be correctly assessed. More information about the composition of the index and its operating rules are available in the prospectus and at: msci.com The Index value is available via Bloomberg (MXJPSXNY). The exposure to the Index will be achieved through a Direct Replication, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the Index. The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and also if it allows a better exposition to an Index constituent. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending operations. In order to hedge the currency of the share against the currency of the index, the Fund uses a hedging strategy which reduces the impact of changes between the currency of the Index and the currency of the share class.

Keep reading the KID section ▾

Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.

Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the SubFund on the primary market. Further details are provided in the Amundi Index Solutions prospectus.

Distribution policy:The Fund’s amounts available for distribution (if any) will be distributed.

More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Luxembourg S.A. at 5, allée Scheffer 2520 Luxembourg, Luxembourg.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · EUR · from Nov 2022 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+67.8%
Annualised
+14.6%
Volatility (ann.)
18.5%
Max drawdown
-21.42%
-9%+13%+35%+58%+80%Nov 2022Oct 2023Oct 2024Sept 2025Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+68%Nov 2022Sept 2026
Currency-hedged share class: our figures are computed on the issuer’s NAV, where the hedge is applied at the daily fixing. Comparison sites using the exchange price may show returns and volatility that differ by 1–2 points: on hedged classes the price-vs-NAV gap is structurally wider and grows with the length of the window. Not a data error — a measurement convention. Details in the methodology.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-5%-10%-15%-20%-25%-30%2023202420252026−21.42% · 05 Aug 2024
Max drawdown
-21.42%
peak → trough
Trough
05 Aug 2024
from the 11 Jul 2024 peak
Recovery time
368 days
recovery only: trough to break-even · ≈ 1 year
Underwater
393 days
decline + recovery: peak to break-even · ≈ 1 year and 1 month · → recovered on 08 Aug 2025

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
11 Jul 202405 Aug 2024-21.42%08 Aug 2025393
27 Feb 202623 Mar 2026-10.97%18 Jun 2026111
03 Jul 202326 Oct 2023-9.08%09 Jan 2024190
24 Nov 202204 Jan 2023-8.10%09 Mar 2023105
22 Mar 202419 Apr 2024-7.40%03 Jun 202473

Calendar-year returns

2022
-5.4%
2023
22.1%
2024
11.2%
2025
18.2%
2026
10.5%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20260.17.6-9.12.64.23.82.82.2-3.310.5
20252.1-4.0-0.90.22.62.52.41.72.16.11.60.818.2
20246.31.41.0-1.92.22.70.6-0.6-2.00.3-2.43.311.2
20234.4-0.12.64.14.15.2-0.8-0.4-2.0-3.46.40.722.1
2022-5.6-5.4
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: Amundi. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER.
Declared TER
0.20%
YearFundIndexDifference
2025+18.19%+18.72%-0.53%
2024+11.24%+12.23%-0.99%
Fund return with dividends reinvested by Rebalix on each ex-date (the issuer does not publish a total-return series); index from the issuer-declared series; complete calendar years covered by our dividend archive. complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsFull history
Volatility (ann.)17.85%19.55%18.36%
Max drawdown-10.97%-21.42%-21.42%
Sharpe0.910.520.59
Sortino1.350.740.84
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
50
Top-10 weight
40.2%

Top 10 holdings

SONY GROUP CORP (JT) · 6758 JT
4.79%
SUMITOMO MITSUI FINANCIAL GROUP · 8316 JT
4.66%
TOKYO ELECTRON JPY50 · 8035 JT
4.39%
SOMPO HOLDINGS INC · 8630 JT
4.27%
TOKIO MARINE HOLDINGS INC · 8766 JT
4.22%
HOYA CORP · 7741 JT
3.89%
FANUC CORP · 6954 JT
3.75%
DISCO CORP · 6146 JT
3.62%
RECRUIT HOLDINGS CO LTD · 6098 JT
3.51%
KDDI CORP · 9433 JT
3.15%

Sectors

Industrials
18.7%
Consumer Discretionary
17.8%
Financials
17.1%
Information Technology
17.0%
Health Care
10.5%
Consumer Staples
7.0%
Communication Services
6.5%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFranceGabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItalyJamaicaJordanJapan: 100%KazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlandsNorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of AmericaUzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
Japan100%
Download the full portfolio — Excel, 52 rows
Full portfolio declared by Amundi, as of 1 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Frequency
Annual
Latest dividend
0.46 EUR
ex 9 Dec 2025 · paid ~12 Dec 2025
Dividends, last 12 months
0.46 EUR
Dividend yield
1.25%
12-month sum over the NAV as of 8 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year0.46 EUR1.48 %
20250.46 EUR1.61 %
20240.39 EUR1.49 %
20230.35 EUR1.62 %

Dividend contribution to total return

0%10%20%30%+20.09 %1 year+18.17 %2025+11.23 %2024+22.09 %2023
dividendsprice changeprice decline

Calendar per share (EUR)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20250.46
20240.39
20230.35

Latest dividends

Per shareEx-dividend datePayment
0.46 EUR9 Dec 202512 Dec 2025 · estimated
0.39 EUR10 Dec 202413 Dec 2024 · estimated
0.35 EUR12 Dec 202315 Dec 2023 · estimated
Per-share dividends as declared by the issuer, in EUR, since the first payment (12 Dec 2023). Past dividends are not indicative of future ones. An «estimated» payment date is computed by Rebalix (ex-date + 2-3 business days, as this issuer has paid in the past) because the issuer does not publish it: it may differ by a day.

ETFs declaring the same index

FundTERIncomeFund size
JARI · Amundi · 5 classesnot on Borsa Italiana
0.18%Acc.200 mln EUR
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Börse DüsseldorfJPNE22 Jun 2020
Börse FrankfurtJPNE25 Nov 2019
Börse HamburgJPNE16 Dec 2019
Börse HannoverJPNE9 Dec 2024
Börse München / gettexJPNE16 Sept 2020
Börse StuttgartJPNE2 Dec 2019
Euronext ParisJPHD27 May 2025
Tradegate ExchangeJPNE7 Sept 2020
Xetra (Deutsche Börse)JPNE25 Nov 2019
+ 16 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF Hedged EUR Dist track?
The issuer Amundi declares the benchmark: MSCI Japan SRI Filtered PAB Index.
How much does JPNE cost?
The issuer-declared TER is 0.20% per year; the transaction costs estimated in the KID are 0.02%.
How is JPNE taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of JPNE?
The fund size declared by Amundi is about 2 million euro.
When was JPNE launched?
The fund was launched on 18 November 2022: it has 3 years of history.
How does JPNE replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Direct(Physical)”).
Does JPNE pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distribution”).
Where does JPNE trade?
Per the official ESMA register it trades on 9 main exchanges, including Börse Düsseldorf (JPNE), Börse Frankfurt (JPNE), Börse Hamburg (JPNE), Börse Hannover (JPNE), Börse München / gettex (JPNE), Börse Stuttgart (JPNE).
What was JPNE's worst fall?
Over the available history (since 2022), the maximum drawdown was -21.42%, reached in August 2024. Past performance is not indicative of future results.
How many securities does JPNE hold?
The declared portfolio holds 50 securities; the top 10 positions weigh 40.2%.
Transparency note
The data in this sheet is declared by Amundi in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.