2244 is a Tokyo-listed ETF with exposure to approximately 20 large US technology-related companies, including businesses in cloud computing, semiconductors and e-commerce. It seeks to track the FactSet US Tech Top 20 Index, including dividends, translated into yen. Shares trade in yen and currency exposure is generally unhedged, so both underlying equity prices and USD/JPY affect its net asset value.
History and development
2244 was established on April 11, 2023, and listed on the Tokyo Stock Exchange on April 13. It brought a concentrated basket of approximately 20 large US technology-related companies to investors trading yen-denominated ETF shares through Japanese securities accounts.
Its investment scope spans businesses such as cloud computing, semiconductors and e-commerce rather than only the information-technology sector classification. The benchmark includes dividends and is translated into yen, combining exposure to US companies with currency movements.
References: Global X Japan: 2244
Comparing charts on this board
Compare 2244 with the yen-quoted Nasdaq 100 ETF, 1545, and USD/JPY to distinguish shared US growth-stock movements from concentration and currency translation. Both ETFs share a yen currency layer, while their companies and portfolio weights differ.
During Japanese trading hours, add Nasdaq 100 CFD as a reference for after-hours conditions. Examine the prior US close, subsequent trading and USD/JPY separately. ETF market prices also reflect supply and demand and need not match the benchmark or net asset value point for point.
Related charts: Nasdaq 100 ETF JPY · USD / JPY · NASDAQ 100 CFD
Official references: Global X Japan: 2244