Mutual Funds
One fund can hold many assets. In Japan these are often used with regular contributions.
Explore mutual fundsExplore Investments
Explore mutual funds, ETFs, stocks, eMAXIS Slim, All Country, and NISA-eligible investments by product type, market, and investment goal.
Explore by Product Type
Start with the wrapper. Fees and performance stay on the product page you open next.
ETFs
Funds that trade on an exchange, so you can buy an index or a market in one position.
Explore ETFsStocks
Shares in a listed company. You choose the individual security.
Explore stockseMAXIS Slim
The name of an index-fund series, not a single fund.
Explore the seriesAll Country (Orukan)
eMAXIS Slim All Country, commonly known in Japan as “Orukan.” A starting point for a broad worldwide stock holding.
Explore All CountryNISA-Eligible Investments
NISA does not make every product eligible. The guide explains both quotas and how to check one product.
See what NISA can holdPopular Funds & Series
One page is the eMAXIS Slim series. The other is All Country / Orukan, the worldwide equity fund inside that series. Fees and NISA eligibility stay on those pages.
eMAXIS Slim
How to tell the series apart from any one fund, before you open a product page.
Read the series guideAll Country / Orukan
A way to hold stocks worldwide. How that differs from the S&P 500 is on the compare page.
Read the All Country guideExplore by Market & Goal
You can narrow a list by market or goal before you decide between a mutual fund, an ETF, and a stock.
Worldwide
Spread a stock holding across global markets instead of one country.
US market
US large companies, plus funds and ETFs that track US indexes.
Japan market
Japanese stocks, Japan-market ETFs, and Japan equity funds.
Dividends
Filter funds and ETFs when dividends are the goal.
Low cost
Funds and ETFs whose published fee is under 0.10%.
Long term
Products whose name or quota points at holding and contributing over time.
Smoother prices
Bond funds, when you want less price movement.
Several asset types
Hold more than one kind of asset in the same product.
Mutual Funds vs ETFs vs Stocks
The wrapper changes when you can trade, what you pay to hold it, and how much you choose yourself. None of the three is always the better one.
Scroll sideways to see the remaining columns.
| What changes | Mutual funds | ETFs | Stocks |
|---|---|---|---|
| How much you choose | Less | Some | The security itself |
| Diversification | Inside one fund | Inside one fund | You build it |
| Trade during market hours | Usually no | Yes | Yes |
| Ongoing cost | A fund fee | An expense ratio | Usually none |
| Pick individual stocks | No | No | Yes |
| Regular contributions | Common | Possible | Depends on your plan |
| NISA | Check each product | Check each product | Check each product |
This table separates mutual funds, ETFs, and stocks. Whether one product is eligible for NISA is on that product’s page and in the broker’s materials.
What Can You Invest in Through NISA?
NISA is the account. It does not mean every financial product can be bought inside it.
What you can hold depends on the Tsumitate quota and the Growth quota. The Tsumitate quota is built around products that meet the long-term, recurring, diversified standard. The Growth quota can include eligible listed stocks and ETFs. A product type in this list is not eligibility for every security of that type. Allowances, losses, and account opening stay on the NISA pages.
Not Sure Where to Start? Ask AI
After you have seen the wrappers and the two quotas, add your own time horizon and market. Published guides are what an answer should be checked against.
Next Steps
Read the account before you search, line up a common choice, or start from the basics.
New to NISA
Who can open the account, and what to check first, is on the starter guide.
Open the starter guideCompare before you choose
All Country versus the S&P 500, funds versus ETFs, and the two quotas each have a short comparison.
Open comparisonsStart from the basics
Regular contributions, diversification, and risk are gathered on the learn page.
Open Learn