New

Global ETF Survey 2026 Available: How 620 Professionals Select ETFs. Access the Report →

Help us improve your experience. Please confirm your investor type:

Global ETF Survey 2026

Access the report

›ETF Issuers›Mitsubishi UFJ Asset Management›2523

2523

MAXIS TOPIX Ex-Financials ETF

Passive ETF Equity

Not rated

The 2523 Exchange Traded Fund (ETF) is provided by Mitsubishi UFJ Asset Management. It is built to track an index: TOPIX Ex-Financials Index. The 2523 ETF provides physical exposure, so by buying it you actually own parts of all the 1,061 underlying holdings. This share class generates a stream of income by distributing dividends.

¥3,200.98

N/A

Data as of 11/02/26

1D price range

N/A

52W price range

N/A

YTD Perf.

+14.24%

YTD Flows

Annualized volatility

Fund AuM

€12M

Share class AuM

€12M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

JP3048800001

TER

0.108%

Inception date

1/11/2019

Issuer

Mitsubishi UFJ Asset Management

Benchmark

TOPIX Ex-Financials Index

Replication method

Dividend policy

Distributing

Compare similar ETFs

ETF Name	1w perf.
1586 Amova Listed Index Fund TOPIX Ex-Financials ETF	-1.48%
1596 NZAM ETF TOPIX Ex-Financials	-
1585 iFreeETF TOPIX Ex-Financials ETF	-0.43%
1485 MAXIS JAPAN Proactive Investment in Physical and Human Capital 200 Index ETF	-2.28%
2567 NZAM ETF S&P/JPX Carbon Efficient Index	-0.87%
2560 MAXIS Carbon Efficient Japan Equity ETF	-0.85%
2642 SMT ETF Carbon Efficient Index Japan Equity	-
1306 Nomura TOPIX Exchange Traded Fund ETF	-1.06%
1308 Amova Listed Index Fund TOPIX ETF	-1.06%
1305 Daiwa ETF TOPIX ETF	-1.07%
1348 MAXIS TOPIX ETF	-1.07%
1473 One ETF TOPIX	-1.07%
2524 NZAM ETF TOPIX	-1.11%
2557 SMDAM TOPIX ETF	-1.10%
2625 iFreeETF TOPIX (Quarterly Dividend Type) ETF	-0.03%

API

PerformanceDec 30, 2025 - Nov 2, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 09/30/26

Technology

26.25%

Industrials

23.43%

Consumer Cyclicals

10.63%

Consumer Non-Cyclicals

9.82%

Non-Energy Materials

8.54%

Healthcare

6.19%

Telecommunications

5.39%

Finance

2.59%

Consumer Services

1.83%

Unavailable

1.57%

Other

3.77%

Latest 2523 news

No content available for this fund

FAQ about 2523

2523 is a passively managed ETF that invests in the Japan Blended Cap segment.

2523 tracks the TOPIX Ex-Financials Index - JPY, through a full replication replication method.

2523 carries a total expense ratio (TER) of 0.108%.

2523 was introduced to the market on January 11, 2019.

MAXIS TOPIX Ex-Financials ETF, 2523, is provided by Mitsubishi UFJ Asset Management. Learn more about Mitsubishi UFJ Asset Management here.

2523 oversees €12M in assets as of November 2, 2026.

2523 follows a distributing dividend policy, meaning it pays out income to investors. As of November 2, 2026, its 12-month trailing yield was 2.04%.

As of September 30, 2026, 2523 has significant geographic allocations in Japan.

As of September 30, 2026, 2523 focuses largely on Technology, Industrials and Consumer Cyclicals.

As of September 30, 2026, 2523 holds 1061 positions in its portfolio, with 31.46% of assets concentrated in its top 15 holdings.

As of September 30, 2026, 2523 top three holdings include Toyota Motor Corp., Hitachi Ltd. and Tokyo Electron Ltd..

The base currency of 2523 is JPY.

Top 10 holdings

Data as of 09/30/26

Toyota Motor Corp.

3.01%

Hitachi Ltd.

2.93%

Tokyo Electron Ltd.

2.79%

SoftBank Group Corp.

2.71%

Sony Group Corp.

2.66%

Recruit Holdings Co., Ltd.

2.53%

Advantest Corp.

2.34%

Mitsubishi Corp.

1.93%

KEYENCE Corp.

1.80%

Murata Manufacturing Co. Ltd.

1.70%

Essentials

A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.

Essential free account includes:

More fund data
Compare up to 3 funds
More screener filters
Edit screener columns from 100+ metrics
Watchlists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring

Trackinsight Global ETF Survey 2026: ETFs' Next Act: From Access to Selection. Access the report

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

MAXIS TOPIX Ex-Financials ETF

FAQ about 2523

Essentials

About Trackinsight

ETF TOOLS

PLATFORM

ETF NEWS & RESEARCH

PROFESSIONAL SOLUTIONS

SOLUTIONS FOR

CONTACT US