• The Tokyo Price Index, known as TOPIX, is a Japanese stock market index calculated and published by the Tokyo Stock Exchange (TSE).
  • TOPIX tracks domestic companies in the first section of the exchange, which represents Japan’s largest firms by market capitalization.
  • Another Japanese stock index is the Nikkei, which is a price-weighted index made up of the top 225 companies traded on the TSE.
  • While investors cannot directly buy the index, there are several exchange-traded funds (ETFs), such as the TOPIX Core 30 ETF, that allow investors to invest in a basket of securities that tracks the performance of TOPIX.