DXJWisdomTree Japan Hedged Equity Fund
DXJ Fund Description
DXJ tracks an exporter-focused, dividend-weighted index of Japanese stocks. The fund is hedged for currency fluctuations between the USD and JPY.
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 MSCI ESG Analytics Insight
WisdomTree Japan Hedged Equity Fund has an MSCI ESG Fund Rating of AA based on a score of 8.06 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. WisdomTree Japan Hedged Equity Fund ranks in the 76th percentile within its peer group and in the 80th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DXJ Summary Data
DXJ Portfolio Data
DXJ Index Data
DXJ Portfolio Management
DXJ Tax Exposures
DXJ Fund Structure
DXJ Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
DXJ Top 10 Holdings[View All]
DXJ Economic Development
DXJ Performance Statistics
DXJ MSCI ESG Ratings
DXJ Benchmark Comparison Summary
DXJ Benchmark Comparison Market Cap Size
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