DXJ
WisdomTree Japan Hedged Equity Fund

Price: $108.33
Change: $2.2 (-0.02%)
Category: Japan Equities
Last Updated:

Vitals

Issuer WisdomTree
Brand WisdomTree
Structure ETF
Expense Ratio 0.48%
ETF Home Page Home page
Inception Jun 16, 2006

Analyst Report

This ETF offers investors broad based exposure to the Japanese equity market with a twist; it hedges out the currency fluctuations. As a result, the fund is a ‘pure play’ on the performance of Japanese stocks, stripping out the impact of the yen and its changes in value. Thanks to this methodology, DXJ could be a great choice for investors who believe that the yen will weaken against the dollar but are still looking to scoop up Japanese equities. However, it would make for a poor choice if you think that the yen will strengthen as it will not partake in the currency appreciation and will probably underpeform other broad based Japan ETFs such as EWJ in this time frame. It should also be noted that the fund costs significantly more than comparable Japanese ETF products so it might not make the best pick for cost-conscious investors. With that being said, DXJ implements this strategy much cheaper than investors would likely be able to do on their own making it a quality pick for investors wary of currency changes but bullish on Japanese stocks.

ETF Database Themes

Category Japan Equities
Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Blend
Region (General) Developed Asia Pacific
Region (Specific) Japan

FactSet Classifications

Segment Equity: Japan - Total Market
Category Size and Style
Focus Total Market
Niche Broad-based
Strategy Fundamental
Weighting Scheme Fundamental

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $78.62
  • 52 Week Hi $111.65
  • AUM $5,067.7 M
  • Shares 46.0 M

Historical Trading Data

  • 1 Month Avg. Volume 543,270
  • 3 Month Avg. Volume 815,426

Alternative ETFs in the ETF Database Japan Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLJP 0.09% $2.2 B 763,843 4.97%
Largest (AUM) EWJ 0.50% $15.9 B 7 M 5.46%
Most Liquid (Volume) EWJ 0.50% $15.9 B 7 M 5.46%
Top YTD Performer DBJP 0.47% $430.0 M 28,483 20.13%

Alternative ETFs in the FactSet Equity: Japan - Total Market Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLJH 0.09% $66.5 M 25,415 19.61%
Largest (AUM) EWJ 0.50% $15.9 B 7 M 5.46%
Most Liquid (Volume) EWJ 0.50% $15.9 B 7 M 5.46%
Top YTD Performer DBJP 0.47% $430.0 M 28,483 20.13%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

DXJ ETF Database Category Average FactSet Segment Average
Number of Holdings 444 374 239
% of Assets in Top 10 65.03% 34.70% 39.60%
% of Assets in Top 15 69.69% 40.23% 47.58%
% of Assets in Top 50 83.98% 62.48% 74.85%

Size Comparison

DXJ ETF Database Category Average FactSet Segment Average
Large (>12.9B) 36.57% 47.03% 57.72%
Mid (>2.7B) 8.97% 19.23% 20.74%
Small (>600M) 3.64% 12.02% 2.88%
Micro (<600M) 0.90% 3.20% 0.90%

DXJ Valuation

This section compares the P/E ratio of this ETF to its peers.

DXJ
P/E Ratio
8.74
ETF Database Category Average
P/E Ratio
10.40
FactSet Segment Average
P/E Ratio
8.67

DXJ Dividend

This section compares the dividend yield of this ETF to its peers.

DXJ ETF Database Category Average FactSet Segment Average
Dividend $ 0.31 $ 0.95 $ 0.95
Dividend Date 2024-03-22 N/A N/A
Annual Dividend Rate $ 2.71 $ 1.92 $ 1.83
Annual Dividend Yield 2.46% 4.00% 3.84%

DXJ Price and Volume Charts

View charts featuring DXJ price and volume data.

DXJ Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -32.9 M 1 Month Net Flows: 103.1 M 3 Month Net Flows: 260.57 M 6 Month Net Flows: 1.19 B 1 Year Net Flows: 1.81 B 3 Year Net Flows: 1.62 B 5 Year Net Flows: 247.64 M 10 Year Net Flows: -6.21 B

DXJ Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.