iShares Japan Govt Bond UCITS ETF

iShares Japan Govt Bond UCITS ETF

About

iShares Japan Govt Bond UCITS ETF (IE000VAOK4J4) is a UCITS-compliant bond ETF tracking the Bloomberg Japan Treasury Index. With a TER of 0.09%, it ranks among the lowest-cost options in its category, reinvesting dividends. The fund holds 300 positions across 1 region with 48M in assets, with heavy concentration — 99% in Japan, 99% in government bonds.

ISIN
Fund Size €48.3M
Issuer iShares
Distribution Re-Invests Dividends
Replication Physical
Inception Dec 2023
Base Currency USD
Index Bloomberg Japan Treasury Index
Asset Class Bonds
Category Japanese Equity

Costs

9.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%

Holdings

5.7
This fund holds 300 individual investments, offering moderate diversification compared to other ETFs.
#1
Japan Government Ten Year Bond
0.01%
#2
Japan Government Ten Year Bond
0.01%
#3
Japan Government Ten Year Bond
0.01%
#4
Japan Government Ten Year Bond
0.01%
#5
Japan Government Ten Year Bond
0.01%
#6
Japan Government Ten Year Bond
0.01%
#7
Japan Government Ten Year Bond
0.01%
#8
Japan Government Ten Year Bond
0.01%
#9
Japan Government Ten Year Bond
0.01%
#10
Japan Government Two Year Bond
0.01%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.

Regions

1.0
This fund is concentrated in just 2 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2023-12-12 — 2026-05-29).
2.5%
Volatility
-6.5%
Max Drawdown
-0.94
Sharpe Ratio
-1.37
Sortino Ratio
-0.37
Calmar Ratio
0.18
Beta
-8.53%
Alpha (Jensen's)
0.157
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Similar ETFs

Other funds tracking Japanese Equity indices.
iShares Core MSCI Japan IMI UCITS ETF
IE00B4L5YX21·TER 0.12%
7.4
Amundi Core MSCI Japan UCITS ETF Acc
LU1781541252·TER 0.12%
7.0
Xtrackers MSCI Japan UCITS ETF 1C
LU0274209740·TER 0.12%
7.0
iShares Core MSCI Pacific ex-Japan UCITS ETF
IE00B52MJY50·TER 0.20%
6.9
Vanguard FTSE Japan UCITS ETF (USD) Distributing
IE00B95PGT31·TER 0.10%
7.3
iShares MSCI Japan UCITS ETF USD (Dist)
IE00B02KXH56·TER 0.12%
6.7
Feedback
ETFs
Basket
Compare
Millennial Index