Key stats
About WisdomTree Japan Hedged Equity Fund
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Inception date
Jun 16, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
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%.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Durables
Producer Manufacturing
Stocks99.28%
Finance17.50%
Consumer Durables16.39%
Producer Manufacturing15.98%
Process Industries8.25%
Electronic Technology8.16%
Distribution Services7.79%
Consumer Non-Durables7.75%
Health Technology7.20%
Non-Energy Minerals2.69%
Technology Services2.59%
Energy Minerals1.40%
Transportation1.25%
Retail Trade1.10%
Commercial Services0.56%
Industrial Services0.31%
Consumer Services0.21%
Utilities0.15%
Bonds, Cash & Other0.72%
Cash0.72%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DXJ invests in stocks. The fund's major sectors are Finance, with 17.50% stocks, and Consumer Durables, with 16.39% of the basket. The assets are mostly located in the Asia region.
DXJ top holdings are Toyota Motor Corp. and Mitsubishi UFJ Financial Group, Inc., occupying 4.91% and 4.76% of the portfolio correspondingly.
DXJ last dividends amounted to 2.88 USD. The quarter before, the issuer paid 0.14 USD in dividends, which shows a 95.32% increase.
DXJ assets under management is 3.40 B USD. It's risen 3.12% over the last month.
DXJ fund flows account for −1.62 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DXJ pays dividends to its holders with the dividend yield of 3.10%. The last dividend (Dec 30, 2024) amounted to 2.88 USD. The dividends are paid quarterly.
DXJ shares are issued by WisdomTree, Inc. under the brand WisdomTree. The ETF was launched on Jun 16, 2006, and its management style is Passive.
DXJ expense ratio is 0.48% meaning you'd have to pay 0.48% of your investment to help manage the fund.
DXJ follows the WisdomTree Japan Hedged Equity Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DXJ invests in stocks.
DXJ price has risen by 4.38% over the last month, and its yearly performance shows a 3.66% increase. See more dynamics on DXJ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.31% over the last month, showed a 3.24% increase in three-month performance and has increased by 6.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.31% over the last month, showed a 3.24% increase in three-month performance and has increased by 6.83% in a year.
DXJ trades at a premium (0.98%) meaning the ETF is trading at a higher price than the calculated NAV.