Summary
JAPN
Prices · period metrics · 12M
NAV as of 03/06/2026
30/05/2025 → 28/05/2026
Return -16.72% Volatility 18.90% Sharpe -0.97
Official loaded data — not a live quote.

HORIZON KINETICS JAPAN OWNER OPERATOR ETF

Symbol: JAPN

Exchange: NASDAQ

Sector: Technology

Category: Japan Stock

Inception date: 12/05/2025

Latest date: 03/06/2026

Current price: $22.28

Expense ratio: 0.85%

Assets under management
$23.8M
-0.52% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-2.99%

Ann. -15.91% (Sharpe / Sortino numerator)

Volatility

14.71%

Sharpe ratio

-1.329

VaR 95%

-1.26%

CVaR 95%: -1.41%
Max drawdown: -4.88%
Sortino ratio: -2.511
Calmar ratio: -3.26

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-5.00%

Ann. -10.83% (Sharpe / Sortino numerator)

Volatility

24.14%

Sharpe ratio

-0.599

VaR 95%

-2.35%

CVaR 95%: -3.44%
Max drawdown: -8.33%
Sortino ratio: -0.767
Calmar ratio: -1.30

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-13.01%

Ann. -27.85% (Sharpe / Sortino numerator)

Volatility

21.68%

Sharpe ratio

-1.452

VaR 95%

-2.28%

CVaR 95%: -3.08%
Max drawdown: -17.02%
Sortino ratio: -1.925
Calmar ratio: -1.64

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-16.72%

Ann. -14.69% (Sharpe / Sortino numerator)

Volatility

18.90%

Sharpe ratio

-0.970

VaR 95%

-2.06%

CVaR 95%: -2.66%
Max drawdown: -23.94%
Sortino ratio: -1.369
Calmar ratio: -0.61

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

-0.066%

Best day

3.691%

10/02/2026
Worst day

-6.144%

02/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $22.40 $22.40 $22.28 $22.28 2,500
02/06/2026 $22.64 $22.71 $22.58 $22.68 7,600
01/06/2026 $22.69 $22.69 $22.30 $22.34 4,100
29/05/2026 $22.66 $22.68 $22.58 $22.64 12,400
28/05/2026 $22.48 $22.63 $22.48 $22.56 2,900
27/05/2026 $22.67 $22.67 $22.58 $22.59 5,200
26/05/2026 $22.64 $22.64 $22.47 $22.50 3,100
22/05/2026 $22.80 $22.86 $22.50 $22.73 4,600
21/05/2026 $22.58 $22.70 $22.57 $22.70 4,400
20/05/2026 $22.62 $22.82 $22.55 $22.82 5,100