MJSC: MUFG JAPAN SMALL CAP ACTIVE ETF
What this ETF is trying to do
The MUFG Japan Small Cap Active ETF (MJSC) focuses on smaller companies in Japan. Unlike some ETFs that just follow a list, this is an "active" ETF, meaning managers make specific choices about which stocks to hold. Its Top Holdings include companies like Hachijuni Nagano Bank Ltd (2.19%) and Shizuoka Financial Group Inc (2.08%).
What the numbers show
As of October 6, 2026, the share price was $62.83.
There are two ways to look at the returns:
• Price Return: This measures only the change in the share price. The one-year price return was 26.99%, and the year-to-date (YTD) price return was 25.97%.
• Total Return: This measures the overall return, including the share price change and any cash distributions. The one-year total return was 27.82%, and the YTD total return was 25.97%.
To put this in perspective, the estimated price from roughly one year ago was $49.48. If you had invested $10,000 based on that estimated price, the price-only growth would have increased that amount by approximately 26.99%.
Income and distribution explanation
This ETF pays out cash distributions to investors, but it does so irregularly. In the last 12 months, it made only one payout. The distribution yield is 0.52%.
It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original money you invested (the principal) will stay the same or grow.
NAV erosion explanation
"NAV erosion" happens when the actual value of the fund's assets drops over time, which can lead to a falling share price. StockValueFinder uses an erosion-risk score to track this.
For MJSC, the erosion score is 100, and the label is "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the fund has not triggered warnings for substantial price deterioration.
Pros
• Strong Recent Growth: The ETF has shown significant price and total returns over the last year and so far this year.
• Low Erosion Risk: The erosion-risk measurements are currently rated as "good."
Cons
• Low Income: The distribution yield is very low (0.52%).
• Inconsistent Payouts: Distributions are irregular and infrequent.
Beginner takeaway
MJSC is an active fund targeting small Japanese companies. While it has seen strong price growth recently, it is not designed for investors seeking high or steady cash income. Always remember that a high yield alone can be misleading, and it is important to look at both the price return and the erosion-risk score to understand the full picture.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | HACHIJUNI NAGANO BANK LTD | n/a | 2.19% |
| 2 | SHIZUOKA FINANCIAL GROUP INC | n/a | 2.08% |
| 3 | INFRONEER HOLDINGS INC | n/a | 2.05% |
| 4 | FUJI CORP | n/a | 1.95% |
| 5 | MACNICA HOLDINGS INC | n/a | 1.92% |
| 6 | GUNMA BANK LTD | n/a | 1.91% |
| 7 | MEIDENSHA CORP | n/a | 1.72% |
| 8 | NAGASE & CO LTD | n/a | 1.72% |
| 9 | SAIZERIYA CO LTD | n/a | 1.68% |
| 10 | IYOGIN HOLDINGS INC | n/a | 1.66% |