DXJ

WisdomTree Japan Hedged Equity Fund
B

57
  • Overview
  • Efficiency
  • Tradability
  • Fit

DXJ Fund Description

The WisdomTree Japan Hedged Equity ETF tracks an exporter-focused, dividend-weighted index of Japanese stocks. The fund is hedged for currency fluctuations between the US dollar and Japanese yen.

DXJ Factset Analytics Insight

DXJ has a specific investment thesis, with an Abenomics-targeted, dividend-focused portfolio. The fund is positioned to gain from increased economic activity in Japan due to the weakening of its currency. DXJ selects export-oriented, dividend-paying Japanese firms, weights them by dividends and then hedges its yen exposure. The fund wasn't always currency-hedged or export-oriented; at launch, it tracked a dividend-weighted index, adding a currency hedge in 2010, and shifting the portfolio toward exporters in 2012. DXJ's dividend-oriented selection and weighting produce one of the segment's highest yields and a tilt to large-caps.

The fund’s fee isn't cheap, but it’s reasonable given the complexity of the portfolio. However, wobbly tracking stats point to real-world holdings costs that are often significantly higher than the fee. It’s worth pointing out that the fund has made capital gains distributions in the past—a tax hit for investors. Still, DXJ's is one of the most-liquid funds in the segment and is easy to trade for both small and large investors.

DXJ MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of May 20, 2018 the WisdomTree Japan Hedged Equity Fund MSCI ESG Fund Quality Score is 5.25 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. DXJ ranks in the 32nd percentile within its peer group and in the 43th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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DXJ Top 10 Countries

DXJ Top 10 Sectors

DXJ Top 10 Holdings View All

DXJ Summary Data

WisdomTree
06/16/06
Open-Ended Fund
0.48%
$6.85B
$111.67M
0.02%

DXJ Portfolio Data

$39.74B
12.66
1.18
2.33%
06/19/18
407

DXJ Index Data

Dividends
Fundamental
MSCI Japan Investable Markets

Related ETFs to DXJ

HJPX, DBJP, HEWJ, FLJH, HFXJ
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

DXJ Portfolio Management

0.48%
-0.81%
-0.57%
-1.27%

DXJ Tax Exposures

20.00% / 39.60%
1.47%
Qualified dividends
No

DXJ Fund Structure

Open-Ended Fund
Yes
Yes
75% / 25%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DXJ Factset Analytics Block Liquidity

As of 05/21/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DXJ. DXJ is rated a 5 out of 5.

DXJ Tradability

1,988,734
$111.67M
1,662,098
$93.00M
0.02%
$0.01
0.02%
2.60% / -4.71%
None
0.00%
50,000
33.24
0.07%
0.04%
162,687
$58.59
5

DXJ Sector/Industry BreakdownView All

DXJSegment Benchmark
19.92% 26.89%
26.47% 25.21%
15.95% 12.37%
9.30% 10.18%
6.78% 8.99%
6.21% 8.11%
1.59% 0.19%
1.02% 0.19%

DXJ Geographic Exposure

DXJSegment Benchmark
100.00% 100.00%

DXJSegment Benchmark
100.00% 100.00%
0.00% / 0.00% 0.00% / 0.00%

DXJ Performance Statistics

0.63
0.85
0.85
1.00
0.51%
MSCI Japan Investable Markets

DXJ MSCI ESG Ratings

5.25 / 10
32.43
42.72
9.77%
7.67%
110.73

DXJ BENCHMARK COMPARISON

    DXJ
    407 Holdings
    Segment Benchmark
    1248 Constituents
    Shared Holdings
    390 (Count)
     
    56.88% (Weight)
DXJSegment Benchmark
56.20% 70.41%
30.19% 21.06%
12.28% 7.77%
1.34% 0.75%
2.04% 2.56%

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

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