JAPNHorizon Kinetics Japan Owner Operator ETF

Grow my money1y track recordRanked #2,589 of 2,960 in this goal

Seeks long-term growth of capital.

By Horizon Kinetics · Launched 2025

Annual Cost

0.85%

#4,336 of 5,562 · expensive

Fund Size

$23M

#4,248 of 5,562 · small

Return (1Y)Goal

-16.4%

Track Record

1 year

#4,387 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$8,234-17.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Asia pacific

Cap

Small

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 51.2% of fundmoderately concentrated

Furuno Electric Co Ltd

11.1%

US BANK MMDA - USBGFS 7USBGFS7

6.4%

ULS Group Inc

4.8%

Resorttrust Inc

4.7%

Japan Elevator Service Holding

4.5%

Hikari Tsushin Inc

4.4%

Visional Inc

4.0%

M&A Capital Partners Co Ltd

3.9%

Pan Pacific International Hold

3.7%

Yonex Co Ltd

3.6%

Asset allocation

Stocks

95.9%

Cash

3.5%

Other

0.6%

By sector

Technology

32.3%

Communication

18.2%

Consumer Cyclical

17.0%

Industrials

12.0%

Consumer Defensive

10.1%

Financial Services

5.9%

Basic Materials

3.0%

Healthcare

1.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

19.5%Moderate

Year-on-year price swings

Max drawdown

-23.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Invests primarily in Japanese companies operated by individuals with significant ownership stakes. Employs a value-driven, bottom-up approach to select 30 to 50 companies, focusing on those with high cash generation and less capital intensity.
Inception date: May 12, 2025
Fund family: Horizon Kinetics