DXJ

WisdomTree Japan Hedged Equity Fund

WisdomTree Japan Hedged Equity Fund seeks to provide exposure to the Japanese equity market while hedging exposure to fluctuations between the U.S. dollar and the yen. Learn more about the Index that DXJ is designed to track.


 

Why DXJ?

  • Gain broad equity exposure to Japanese dividend paying companies with an exporter tilt
  • Currency Hedge mitigates exposure to fluctuations of the Japanese yen
  • Use to maintain Japanese equity exposure while neutralizing currency fluctuations of the Japanese yen relative to the U.S. dollar

 

Fund Overview

Profile
As of 02/29/2024
Expense Ratio 0.48%
CUSIP 97717W851
Total Assets (000) $4,416,737.55
Shares Outstanding 42,700,000
Distribution Yield 6.23%
SEC 30-day Yield 1.78%
Options Available* Yes
Inception Date 06/16/2006
*Options are not suitable for all investors.
Trading Information
As of 02/29/2024
30-Day Average Daily Volume 840,212
Implied LiquidityTM (Shares) 3,293,333
Implied Liquidity (000) $340,650.81
Lead Market Maker Jane Street
Related index Symbol WTIDJH
NAV Symbol DXJ.NV
Shares Out. Symbol DXJ.SO

Net Asset Value

Net Asset Value
As of 02/29/2024
NAV $103.436
Change $0.234
Change % 0.23%
Premium/Discount to NAV -0.17%

Closing Market Price

Closing Market Price
As of 02/29/2024
Closing Market Price $103.260
Change $0.070
Change % 0.07%
Median Bid/Ask Spread (30-Day Avg.) 0.00%

Market Capitalization

As of 02/28/2024
Total Market Capitalization ($ Trillion) 4.03
Fund MarketCap Breakdown
Large Cap (> $10 Billion) 76.13%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 16.44%
Small Cap (< $2 Billion) 7.43%

Portfolio Characteristics

As of 02/28/2024
Dividend Yield 2.52
Price/Earnings 13.29
Estimated Price/Earnings 14.22
Price/Book 1.34
Price/Sales 0.85
Price/Cash Flow 9.28
Gross Buyback Yield 1.00
Net Buyback Yield 0.91
The measures above refer to the underlying securities of the holdings in the Funds' portfolios and should not be considered reflective of the Funds' performance.
Results are not indicative of future performance.

Total Returns

Total Returns
Month End Performance
(01/31/2024)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
1 Month 9.63% 9.48% 8.98%
3 Month 15.51% 15.18% 11.35%
YTD 9.63% 9.48% 8.98%
Since Inception* 242.83% 220.08% 217.56%
Average Annual
1 Year 48.35% 47.26% 44.64%
3 Year 25.21% 24.54% 23.87%
5 Year 18.06% 17.50% 17.28%
10 Year 12.33% 11.62% 11.69%
Since Inception* 7.23% 6.82% 6.77%
Total Returns
Quarter End Performance
(12/31/2023)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
Since Inception* 212.72% 192.36% 191.40%
Average Annual
1 Year 41.75% 40.76% 41.93%
3 Year 22.02% 21.42% 21.07%
5 Year 17.44% 16.86% 17.01%
10 Year 10.66% 9.97% 9.78%
Since Inception* 6.71% 6.31% 6.29%

 

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

 

After Tax Returns

After Tax Returns
Month End Performance
After Tax Held After Tax Sold
Cumulative
1 Month 9.48% 5.61%
3 Month 14.33% 8.94%
Since Inception* 187.53% 154.86%
Average Annual
1 Year 45.06% 27.75%
3 Year 23.51% 19.20%
5 Year 16.72% 13.97%
10 Year 10.60% 9.23%
Since Inception* 6.17% 5.45%
After Tax Returns
Quarter End Performance
After Tax Held After Tax Sold
Cumulative
Since Inception* 162.63% 135.97%
Average Annual
1 Year 38.65% 24.01%
3 Year 20.41% 16.70%
5 Year 16.09% 13.47%
10 Year 8.97% 7.84%
Since Inception* 5.66% 5.02%

 

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

After-Tax Held Returns represent return on Fund shares after taxes on distributions and assumes Fund shares have not been sold. After-Tax Sold Returns represent returns on Fund shares after taxes on distributions and the sale of the Fund shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's individual tax rates and may differ from those shown.

In some cases the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of fund shares at the end of the measurement period.

 

Country Allocation

As of 02/29/2024
Country Allocation
Country Weight
1. Japan 100.00%

Premium/Discount i
The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund's net asset value. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. eastern time for most Funds). The vertical axis of the chart shows the premium or discount expressed as a percentage of mid-point.

The horizontal axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated. IMPORTANT NOTE: The horizontal bar for ≥ 0.0 up to 0.5 includes the days that the Fund’s market price matched its NAV (that is, there was no premium or discount so the "premium/discount" percentage equaled zero.)

Holdings

As of 02/29/2024
*Holdings are subject to change without notice.

Sector Breakdown

As of 02/29/2024
*Sectors are subject to change without notice

Recent Distributions

Recent Distributions

Important Risk Information

This information must be preceded or accompanied by a prospectus, click here to view or download prospectus. We advise you to consider the fund's objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before you invest.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. The Fund focuses its investments in Japan, thereby increasing the impact of events and developments in Japan that can adversely affect performance. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk which can be volatile and may be less liquid than other securities and the effect of varied economic conditions. As this Fund can have a high concentration in some issuers the Fund can be adversely impacted by changes affecting issuers. Please read the Fund's prospectus for specific details regarding the Fund's risk profile.

  • Fund Distribution Yield - Fund Distribution Yield is calculated by annualizing the most recent Fund distribution and dividing by the current Fund NAV. The yield represents a single distribution from the Fund and does not represent the total returns of the Fund.
  • SEC 30-day Yield – The yield figure reflects the dividends and interest earned during the period, after the deduction of the fund's expenses. This is also referred to as the "standardized yield"