MAXIS Topix Ex Financials ETF (TYO:2523)

Assets	5.58B
Expense Ratio	0.108%
PE Ratio	19.61
Dividend (ttm)	49.40
Dividend Yield	1.68%
Ex-Dividend Date	Jan 15, 2026
Payout Frequency	Semi-Annual
Payout Ratio	33.64%
1-Year Return	+34.02%

Volume	110
Open	2,879.50
Previous Close	2,949.00
Day's Range	2,845.00 - 2,879.50
52-Week Low	2,192.50
52-Week High	2,949.00
Beta	0.40
Holdings	1436
Inception Date	Jan 10, 2019

About 2523

2523.T was created on 2019-01-10 by MAXIS. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 5853.07m in AUM and 1437 holdings. We aim for investment results linked to the price movements of the target index (TOPIX Ex-Financials).

• Asset Class: Equity
• Category: Total Market
• Stock Exchange: Tokyo Stock Exchange
• Ticker Symbol: 2523
• Provider: MAXIS
• Index Tracked: TOPIX Ex-Financials - JPY - Benchmark TR Gross

Performance

2523 had a total return of 34.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.29%.

Top 10 Holdings

23.41% of assets

Name	Symbol	Weight
Toyota Motor Corporation	7203	4.22%
Hitachi, Ltd.	6501	2.84%
Sony Group Corporation	6758	2.69%
Mitsubishi Corporation	8058	2.50%
Mitsui & Co., Ltd.	8031	2.06%
Tokyo Electron Limited	8035	1.97%
Mitsubishi Heavy Industries, Ltd.	7011	1.97%
Advantest Corporation	6857	1.80%
SoftBank Group Corp.	9984	1.69%
ITOCHU Corporation	8001	1.67%

Dividend History

Ex-Dividend	Amount	Pay Date
Jan 15, 2026	19.500 JPY	Feb 24, 2026
Jul 15, 2025	29.900 JPY	Aug 22, 2025
Jan 15, 2025	16.600 JPY	Feb 21, 2025
Jul 12, 2024	24.300 JPY	Aug 23, 2024
Jan 15, 2024	19.300 JPY	Feb 22, 2024
Jul 13, 2023	28.000 JPY	Aug 24, 2023