Five-Year Performance Beats Mainstream US Indices
According to Bloomberg statistics, as of October 30, 2026, the tracked index of Fuhua Japan Leaders (00949) delivered a five-year cumulative total return of 148.50%, surpassing the Nikkei 225's 141.27% and well ahead of the S&P 500's 76.74% and the NASDAQ-100's 86.15%. US equities have long been led by tech giants and remain the focus of global markets, but as Japanese corporate competitiveness improves and its industrial structure transforms, the long-term performance of large-cap Japanese leaders has gradually drawn market attention.
Three-Year Performance Second Only to FANG+ Index
Looking at different periods, the 00949 tracked index delivered a year-to-date total return of 19.20%, 21.37% over the past year, and 105.34% over the past three years. Among major large-cap indices in the US and Japan, its three-year performance was second only to the NYSE FANG+ Index's 144.77%, beating the NASDAQ-100's 102.40% and the S&P 500's 89.15%. Over a five-year horizon, the 00949 tracked index showed an even more pronounced relative advantage, reflecting that large-cap Japanese leaders combine industrial competitiveness with long-term growth value.
30 Selected Leaders Diversify Industry Risk
In recent years Japanese companies have actively invested in semiconductors, energy, defense and high value-added manufacturing. As the government promotes industrial upgrading and strategic investment, leading companies with technological advantages, global footprints and solid market positions are expected to become key beneficiaries of policy and industry trends. 00949 selects 30 large-cap Japanese leaders covering semiconductors, industrials, technology and consumer entertainment, reducing single-industry concentration risk through one allocation.
From Tech Manufacturing to Content and Consumer Markets
Among its constituents, Sony, Hitachi and Mitsubishi Heavy Industries hold important positions in semiconductors, power infrastructure and the defense industry respectively; Sony, Nintendo and Bandai Namco capture global market opportunities in Japanese gaming, anime and entertainment content. From tech manufacturing to cultural content, the competitive advantages of Japanese leaders have extended to global supply chains and consumer markets. Amid market volatility, the long-term performance of large Japanese companies offers investors another allocation perspective and can serve as one of the options for positioning in the Japanese market within a global equity allocation.