WisdomTree Japan Hedged Equity Fund (DXJ), managed by WisdomTree, is a international equity ETF. 0.48% expense ratio, $6.0B AUM, 441 holdings, inception 2006.
WisdomTree Japan Hedged Equity Fund (DXJ) ETF — Price, Holdings & Analysis
WisdomTree Japan Hedged Equity Fund (DXJ), managed by WisdomTree, is a international equity ETF. 0.48% expense ratio, $6.0B AUM, 441 holdings, inception 2006.
ETF Overview
Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese yen relative to the U.S. dollar. The fund is non-diversified.
Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese yen relative to the U.S. dollar. WisdomTree Japan Hedged Equity Fund provides exposure to the international equity market. The portfolio is well-diversified with 441 holdings. Sector allocation is spread across 11 sectors, with Industrials as the largest at 27.0%.
Risk Metrics
The fund holds 441 positions, providing a moderate level of diversification. A beta of 0.25 indicates lower volatility relative to the broader market.
<a href="/etf/ihdg">WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)</a> — 0.58% expense ratio
<a href="/etf/dhs">WisdomTree U.S. High Dividend Fund (DHS)</a> (US Equity) — 0.38% expense ratio
<a href="/etf/aivl">WisdomTree U.S. AI Enhanced Value Fund (AIVL)</a> (US Equity) — 0.38% expense ratio
<a href="/etf/dtd">WisdomTree U.S. Total Dividend Fund (DTD)</a> (US Equity) — 0.28% expense ratio
<a href="/etf/hedj">WisdomTree Europe Hedged Equity Fund (HEDJ)</a> (International Equity) — 0.58% expense ratio
<a href="/etf/dim">WisdomTree International MidCap Dividend Fund (DIM)</a> (International Equity) — 0.58% expense ratio
<a href="/etf/ihdg">WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)</a> (International Equity) — 0.58% expense ratio
Risk Metrics
Beta: 0.25
Questions & Answers
What is WisdomTree Japan Hedged Equity Fund (DXJ)?
Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially It holds 441 securities. With $6.0B in assets under management, it is one of the larger funds in its category.
What is the expense ratio for DXJ?
WisdomTree Japan Hedged Equity Fund has an expense ratio of 0.48%, which is considered moderate for international equity ETFs. This means for every $10,000 invested, annual fees would be approximately $48. Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in DXJ?
The three largest positions in WisdomTree Japan Hedged Equity Fund are Toyota Motor Corp (7203.T, 5.1%), Mitsubishi UFJ Financial Group Inc (8306.T, 4.9%), Sumitomo Mitsui Financial Group Inc (8316.T, 3.4%). Together these top three holdings represent 13.4% of the fund, out of 441 total positions. The fund is relatively diversified across its holdings.
What sectors does DXJ invest in?
WisdomTree Japan Hedged Equity Fund allocates across 11 sectors. The largest sector exposures are Industrials (27.0%), Financial Services (18.1%), Consumer Cyclical (17.2%). The sector allocation provides broad market exposure across multiple industries.
How long has DXJ been around?
WisdomTree Japan Hedged Equity Fund was launched in 2006, making it 20 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by WisdomTree.