Get your free ETF data sample from our comprehensive offerings. Start your free trial→

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

ETF What's Up

Don’t Miss a Move in the ETF Market

Sign up and keep track of everything that moved the ETF industry this week. From new launches to regulatory shifts across the Atlantic.

›ETF Issuers›iShares›488A

488A

iShares Yen Appreciation Focus ETF

Passive ETF Fixed Income

Not rated

The 488A Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: FTSE Japanese Government 0-1 Year JPY/USD FX Enhanced Index. The 488A ETF provides physical exposure, so by buying it you actually own parts of all the 16 underlying holdings. This share class generates a stream of income by distributing dividends.

¥775.2

+¥11 (+1.47%) today

12:00 AM 09/03/26 Closed

1D price range

¥767¥775.5

52W price range

¥746.8¥815

YTD Perf.

-4.44%

YTD Flows

Annualized volatility

Fund AuM

€4M

Share class AuM

€4M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

JP3051130007

TER

0.33%

Inception date

12/15/2025

Issuer

iShares

Benchmark

FTSE Japanese Government 0-1 Year JPY/USD FX Enhanced Index

Replication method

Dividend policy

Distributing

Compare similar ETFs

ETF Name	1w perf.
XJSE Xtrackers II Japan Government Bond UCITS ETF	-1.02%
HJGB HSBC Global Funds ICAV - Japan Government Bond UCITS ETF	-0.69%
612A One ETF Japanese Government Bond Futures Short Index ETF	+0.96%
496A One ETF Japanese Government Bonds 17-20Y	-1.32%
492A One ETF Japanese Government Bond High Coupon	-0.62%
493A One ETF Japanese Government Bonds 1-3Y	-0.22%
494A One ETF Japanese Government Bonds 3-7 Years	-0.68%
611A One ETF Japanese Government Bond 27-30 ETF	-1.62%
495A One ETF Japanese Government Bonds 7-10Y	-0.93%
BWX State Street SPDR Bloomberg International Treasury Bond ETF	-0.95%
BWZ State Street SPDR Bloomberg Short Term International Treasury Bond ETF	-0.39%
XEON Xtrackers II EUR Overnight Rate Swap UCITS ETF	+0.04%
IB01 iShares $ Treasury Bond 0-1yr UCITS ETF	+0.05%
CSH2 Amundi Smart Overnight Return UCITS ETF	+0.05%
VMSTX Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF	+0.11%

API

PerformanceDec 31, 2025 - Sep 2, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 07/31/26

Sovereign

167.46%

Latest 488A news

No content available for this fund

FAQ about 488A

488A is a Passive ETF. This ETF provides exposure to Japanese Investment Grade Government Bonds.

488A tracks the FTSE Japanese Government 0-1 Year JPY/USD FX Enhanced GTR Index - JPY, through a full replication replication method.

488A carries a total expense ratio (TER) of 0.33%, indicating the annual cost for holding the fund.

488A was introduced to the market on December 15, 2025. It trades on Japan

iShares Yen Appreciation Focus ETF, 488A, is provided by iShares. Learn more about iShares here.

488A oversees €4M in assets as of September 2, 2026.

488A follows a distributing dividend policy, meaning it pays out income to investors.

As of July 31, 2026, 488A has significant geographic allocations in Japan.

As of July 31, 2026, 488A focuses largely on Sovereign.

As of July 31, 2026, 488A holds 16 positions in its portfolio, with 166.61% of assets concentrated in its top 15 holdings.

As of July 31, 2026, 488A top three holdings include Japan, Bills 0% 7sep2026, JPY (1385, 91D), Japan, Bills 0% 31aug2026, JPY (1384, 91D) and Japan, Bills 0% 21jun2027, JPY (1388, 364D).

The base currency of 488A is JPY.

Top 10 holdings

Data as of 07/31/26

Japan, Bills 0% 7sep2026, JPY (1385, 91D)

44.63%

Japan, Bills 0% 31aug2026, JPY (1384, 91D)

16.32%

Japan, Bills 0% 21jun2027, JPY (1388, 364D)

12.50%

Japan, Bills 0% 24sep2026, JPY (1389, 94D)

11.72%

Japan, Bills 0% 10aug2026, JPY (1361, 181D)

10.83%

Japan, Bills 0% 21dec2026, JPY (1351, 364D)

10.16%

Japan, Bills 0% 23mar2027, JPY (1369, 365D)

9.86%

Japan, Bills 0% 22jul2026, JPY (1363, 152D)

8.97%

Japan, Bills 0% 20may2027, JPY (1382, 365D)

8.49%

Japan, Bills 0% 10aug2026, JPY (1380, 91D)

7.67%

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

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

Don’t Miss a Move in the ETF Market

iShares Yen Appreciation Focus ETF

FAQ about 488A

Essentials

About Trackinsight

ETF TOOLS

PLATFORM

ETF NEWS & RESEARCH

PROFESSIONAL SOLUTIONS

SOLUTIONS FOR

CONTACT US