- ISIN
- US97717W8516
- CUSIP
- 97717W851
- Issuer
- WisdomTree
- Inception Date
- Jun 16, 2006
- Region
- Developed Asia Pacific (Japan)
- Category
- Japan Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- WisdomTree Japan Hedged Equity Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $7B
Share Price Chart
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Performance
DXJ Performance Chart
WisdomTree Japan Hedged Equity Fund (DXJ) is up 20.4% since the beginning of the year. DXJ is currently trading at $174 per share. Investors who bought $1,000 worth of DXJ shares 5 years ago would now be looking at an investment worth $3,218.
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Returns By Period
WisdomTree Japan Hedged Equity Fund (DXJ) has returned 20.40% so far this year and 56.13% over the past 12 months. Looking at the last ten years, DXJ has achieved an annualized return of 19.26%, outperforming the S&P 500 Index benchmark, which averaged 13.70% per year.
WisdomTree Japan Hedged Equity Fund
- 1D
- 0.14%
- 1M
- 2.35%
- YTD
- 20.40%
- 6M
- 21.04%
- 1Y
- 56.13%
- 3Y*
- 31.72%
- 5Y*
- 26.33%
- 10Y*
- 19.26%
Benchmark (S&P 500 Index)
- 1D
- -0.10%
- 1M
- -1.54%
- YTD
- 7.49%
- 6M
- 6.15%
- 1Y
- 20.78%
- 3Y*
- 19.17%
- 5Y*
- 11.44%
- 10Y*
- 13.70%
DXJ Monthly Returns History
Based on dividend-adjusted daily data since Jun 16, 2006, DXJ's average daily return is +0.05%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 60% of months were positive and 40% were negative. The best month was Dec 2008 with a return of +13.3%, while the worst month was Feb 2009 at -13.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, DXJ closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.8%, while the worst single day was Mar 12, 2020 at -10.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.94% | 11.03% | -6.49% | 2.20% | 5.83% | 1.20% | 20.40% | ||||||
| 2025 | 0.09% | -1.64% | 1.47% | -1.39% | 4.63% | 1.73% | 4.45% | 4.25% | 3.00% | 5.71% | 3.72% | 2.97% | 32.78% |
| 2024 | 8.99% | 7.69% | 5.37% | 0.01% | 2.40% | 2.02% | -2.83% | -1.92% | -1.29% | 1.48% | 1.12% | 4.09% | 29.83% |
| 2023 | 7.00% | 1.95% | 1.77% | 3.56% | 3.07% | 11.34% | 2.56% | 0.78% | 2.57% | -0.59% | 3.86% | -1.66% | 42.04% |
| 2022 | -0.34% | -0.75% | 3.49% | -1.11% | 1.83% | -1.99% | 3.83% | 0.23% | -4.87% | 4.99% | 6.58% | -5.33% | 5.96% |
| 2021 | 1.56% | 4.22% | 6.49% | -3.00% | 3.26% | 0.09% | -2.06% | 1.29% | 4.45% | -0.62% | -4.51% | 6.19% | 17.99% |
Benchmark Metrics
WisdomTree Japan Hedged Equity Fund has an annualized alpha of 2.94%, beta of 0.80, and R2 of 0.50 versus S&P 500 Index. Calculated based on daily prices since June 16, 2006.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (78.05%) than losses (74.70%) - typical of diversified or defensive assets.
- R2 of 0.50 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.94%
- Beta
- 0.80
- R²
- 0.50
- Upside Capture
- 78.05%
- Downside Capture
- 74.70%
Expense Ratio
DXJ has an expense ratio of 0.48%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DXJ ranks 92 for risk / return — in the top 92% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DXJ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.30 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 5.14 | 2.29 | +2.84 |
| Martin ratioReturn relative to average drawdown | 19.81 | 10.15 | +9.66 |
Dividends
Dividend History
WisdomTree Japan Hedged Equity Fund provided a 1.07% dividend yield over the last twelve months, with an annual payout of $1.87 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.87 | $1.87 | $3.84 | $3.03 | $1.94 | $1.65 | $1.38 | $1.33 | $1.35 | $1.37 | $0.98 | $2.98 |
Dividend yield | 1.07% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree Japan Hedged Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.39 | $1.87 |
| 2024 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $2.88 | $3.84 |
| 2023 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $1.61 | $3.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $1.06 | $1.94 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $1.11 | $1.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the WisdomTree Japan Hedged Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WisdomTree Japan Hedged Equity Fund was 49.63%, occurring on Mar 9, 2009. Recovery took 1387 trading sessions.
The current WisdomTree Japan Hedged Equity Fund drawdown is 3.44%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -49.63%Mar 2009 | 2y 11d | 5y 6mo | 7y 6moFeb 2007 - Sep 2014 |
COVID crash2020 | -39.14%Mar 2020 | 2y 1mo | 10mo 29d | 3y 22dJan 2018 - Feb 2021 |
2016 bear market2016 | -33.56%Jul 2016 | 1y 1mo | 1y 2mo | 2y 4moJun 2015 - Oct 2017 |
2024 bear market2024 | -22.19%Aug 2024 | 25d | 7mo 16d | 8mo 11dJul 2024 - Mar 2025 |
2025 selloff2025 | -16.57%Apr 2025 | 13d | 2mo 20d | 3mo 3dMar 2025 - Jun 2025 |
Drawdown Indicators
| DXJ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -56.78% | +7.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -9.10% | -1.88% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -18.90% | -3.29% |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | -25.43% | +3.24% |
Max Drawdown (10Y)Largest decline over 10 years | -39.14% | -33.92% | -5.22% |
Current DrawdownCurrent decline from peak | -3.44% | -3.31% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -14.30% | -10.71% | -3.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.05% | +0.79% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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