About DXJ ETF
Overview: The DXJ allows the investor to gain broad equity exposure to Japanese dividend-paying companies with an exporter tilt. Currency hedging mitigates exposure to fluctuations of the Japanese yen. An investment in this fund helps to maintain Japanese equity exposure while neutralizing currency fluctuations of the Japanese yen relative to the US dollar. The fund is ideal for investors who believe that the yen will weaken against the dollar but still have a bullish outlook on Japanese equities. About the Fund Manager: WisdomTree launched its first Exchange Traded Funds in June of 2006 and is currently one of the largest Exchange Traded Product (ETP) sponsor in the U.S. WisdomTree offers ETPs covering domestic, international and global equities, fixed income, currencies, commodities and alternative strategies. WisdomTree pioneered the concept of fundamentally weighted ETFs and active ETFs and is currently an industry leader in both categories (as measured by assets under management). Sector: Consumer Discretionary (24.42%), Industrials (20.65%), Financials (12.83%), Information Technology (11.27%), Materials (10.26%), Health Care (8.94%), Consumer Staples (8.69%), Communication (2.44%), Energy (0.30%), Utilities (0.20%) Geography: 100% of the portfolio is focussed on Japan. Investment Strategy: The DXJ seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. The fund is a 'pure play' on the performance of Japanese stocks, stripping out the impact of the yen and its changes in value. Recommended for: Growth Additional Information: 1. Fund Factsheet 2. Top Currency Hedged ETFs 3. How Currency-Hedged ETFs Work
Returns
| Performance | YTD | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|
| Wisdomtree Japan Hedged Currency ETF | 13.41% | 30.76% | 6.44% | 11.43% | 9.56% |
Asset Class
Asset type breakdown
DXJ Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Toyota Motor Corporation | 5.64% | |
| Mitsubishi UFJ Financial Group, Inc | 4.62% | |
| Sumitomo Mitsui Financial Group, Inc | 3.35% | |
| Japan Tobacco Inc | 3.16% | |
| Takeda Pharmaceutical Company Limited | 2.88% | |
| Nintendo Co., Ltd | 2.59% | |
| Tokyo Electron Limited | 2.46% | |
| ITOCHU Corporation | 2.44% | |
| Mitsubishi Corporation | 2.40% | |
| Mizuho Financial Group, Inc | 2.22% |
Similar ETFs
DXJ Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Industrials | 19.90% | |
| Consumer Cyclicals | 16.87% | |
| Financial Services | 15.45% | |
| Technology | 13.65% | |
| Healthcare | 10.47% | |
| Consumer Defensive | 8.53% | |
| Basic Materials | 8.52% | |
| Communication Services | 4.47% | |
| Energy | 2% | |
| Utilities | 0.14% |
DXJ Countries
| Countryi | % of market value | |
|---|---|---|
| Japan | 100% |
Returns Calculator
Returnsbased on historic SIP returns of 6.40% per annum
DXJ Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | DXJ | |
| Exchange | ARCX | |
| ISIN | US97717W8516 |
| Cat. Benchmark | MSCI ACWI Ex USA NR USD | |
| Asset class | Equity | |
| Category | Japan Stock | |
| Country | US |
DXJ Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.48 | i |
| Beta | 0.89 | i |
| Valuations Rates Portfolio PE | 13.19449 | i |
| 3 Year Standard Deviation | 19.37 | i |
Fund Strategy
WisdomTree Japan Hedged Equity Fund seeks to track the investment results that correspond to the WisdomTree Japan Hedged Equity Index. The Fund invests in dividend paying companies incorporated in Japan and listed on the Tokyo Stock Exchange, while neutralizing the risk of the Japanese yen's fluctuations relative to the USD.
DXJ Fact Sheets & Reports
About Wisdom Tree
Wisdom Tree is an American fund manager founded in 2006. WisdomTree Investments uses index-based funds to employ a weighted investment methodology, which weights securities on the basis of factors such as dividends or earnings. According to WisdomTree, their utilization of a "differentiated" approach, employing a distinctive index-based methodology, helps deliver better risk-adjusted returns in long term.
