What is DXJ?

DXJ tracks an exporter-focused, dividend-weighted index of Japanese stocks. The fund is hedged for currency fluctuations between the USD and JPY.

PERFORMANCE [as of 03/30/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DXJ 0.72% 9.87% 9.87% 12.57% 20.71% 7.61% 9.04%
DXJ (NAV) 0.02% 7.85% 7.85% 11.22% 20.43% 7.77% 9.05%
MSCI Japan IMI 3.05% 4.99% 4.99% -5.68% 6.23% 0.82% 5.00%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 of all capitalizations, specifically those that generate less than 80% of their revenue from Japan. In addition, these securities must be traded on the Tokyo Stock Exchange. The fund then weights the selected securities by dividends and then hedges its JPY exposure. In employing this hedging strategy, the index sells JPY forward contracts on a monthly basis. The fund wasn't always currency-hedged or export-oriented, at launch, it tracked a dividend-weighted index, added a currency hedge in 2010, and shifted the portfolio toward exporters in 2012. The index rebalances annually so that no individual security has a weight greater than 5% and each sector has a maximum weight of 25%.

DXJ Summary Data

WisdomTree
06/16/06
0.48%
$1.50B
WisdomTree Japan Hedged Equity Index
MSCI Japan IMI
Open-Ended Fund

Peers

MSCI Japan IMI

Fund Flows

-$0.02B 5 Days
-$0.07B 30 Days
-$0.55B 90 Days

DXJ Portfolio Data

$37.23B
8.56
1.02
3.69%
N/A
442

DXJ Index Data

WisdomTree Japan Hedged Equity Index
Dividends
Fundamental
MSCI Japan IMI

DXJ Portfolio Management

0.48%
-0.39%
-0.20%
-0.86%

DXJ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DXJ Fund Structure

Open-Ended Fund
Yes
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/31/23

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

267,978
$18.59M
221,605
$15.56M
0.05%
$0.04
0.00%
2.21% / -2.63%
None
0.00%
50,000
4.43
0.07%
0.05%
6,734
$69.65
5

DXJ Sector/Industry Breakdown

DXJ Segment
Benchmark
15.68% --
14.37% --
14.29% --
11.42% --
7.98% --
7.15% --
6.74% --
6.43% --
4.45% --
3.95% --

DXJ Top 10 Holdings

4.34%
3.81%
2.94%
2.85%
2.66%
2.56%
2.49%
2.33%
2.19%
2.14%
28.32%

DXJ Performance Statistics

0.48
0.55
0.31
0.63
0.94%
MSCI Japan IMI

DXJ Countries

DXJ Segment
Benchmark
99.96% 100.00%
0.04% --

DXJ Regions

DXJ Segment
Benchmark
99.96% 100.00%
0.04% --

DXJ Economic Development

DXJ Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

DXJ Benchmark Comparison Holdings

442
1081
373
54.70%

DXJ Benchmark Comparison Summary

DXJ Segment
Benchmark
442 1081
$37.23B $36.31B
8.56 15.45
1.02 1.23
3.76% 2.49%
Low Low

DXJ Benchmark Comparison Market Cap Size

DXJ Segment
Benchmark
67.83% 62.42%
20.91% 23.50%
8.83% 12.55%
2.39% 1.53%

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.

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.