DXJ — WisdomTree Japan Hedged Equity Fund

DXJ Price Performance — Growth of $10,000

Value of a $10,000 investment in DXJ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

DXJ Drawdown

The "underwater" chart: DXJ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The WisdomTree Japan Hedged Equity Fund (DXJ) operates within the Single Country - Developed category, which ETFValuer currently tracks with 18 funds. Issued by WisdomTree, the fund has accumulated assets under management of $7.08 billion while trading at a price of $174.63. It holds an overall rank of #36 among 458 tracked ETFs across all categories and has received an ETFValuer grade of B+ with a score of 76.4 out of 100. The fund carries an expense ratio of 0.48% and offers a dividend yield of 0.97%. The substantial asset base and mid-tier ranking suggest significant investor adoption relative to the broader universe of tracked funds. These metrics collectively define the fund's standing as a moderately sized, cost-efficient vehicle within its specific sector classification.

Recent price action shows a decline of 1.64% over the last day and a further drop of 1.04% over the past week. However, the fund has reversed this short-term weakness with a 0.70% gain over the last month and a stronger 9.33% return over the last three months. Momentum has accelerated significantly over the longer term, with the fund posting a 17.20% return over six months and a year-to-date gain of 21.25%. The one-year return stands at 47.10%, while the three-year annualized return reaches 125.52%. This trajectory indicates a clear divergence where short-term volatility has given way to sustained long-term appreciation. The data reflects a pattern of recovery and growth that has intensified over the past year compared to the immediate past.

DXJ is assigned a Moderate volatility label and exhibits a beta of 0.48, indicating lower sensitivity to broad market movements compared to the benchmark. The fund has achieved a Sharpe ratio of 2.33, suggesting efficient risk-adjusted returns relative to the volatility experienced. Despite this efficiency, the fund has experienced a maximum drawdown of -22.19% during its history. This combination of a low beta and high Sharpe ratio implies the fund has managed to generate substantial returns while limiting exposure to market swings. The moderate volatility classification aligns with the observed drawdown, reflecting periods of significant decline that were eventually recovered through the fund's strong performance trajectory.

AI-generated summary based on the data on this page.

DXJ Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 30.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how DXJ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With DXJ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with DXJ's top 10 — FLJP overlaps most, holding 6 of the same companies as DXJ's top 10 (20.1% of DXJ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

DXJ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 335K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $7.08B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: DXJ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

DXJ Performance History

How DXJ Compares to Other Single Country - Developed ETFs