WisdomTree Japan Hedged Equity Fund (DXJ) belongs to the Japan Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DXJ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DXJ
DXJ charges 0.48% annually. There are 6 ETFs in the Japan Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin FTSE Japan Hedged ETF | 0.09% | 172.98M | Nov 2017 | DXJ vs FLJH | |
| Franklin FTSE Japan ETF | 0.09% | 3.93B | Nov 2017 | DXJ vs FLJP | |
| iShares MSCI Japan Value ETF | 0.15% | 697.65M | Mar 2019 | DXJ vs EWJV | |
| JPMorgan BetaBuilders Japan ETF | 0.19% | 17.82B | Jun 2018 | DXJ vs BBJP | |
| Goldman Sachs ActiveBeta Japan Equity ETF | 0.25% | 83.57M | Mar 2016 | DXJ vs GSJY |
Best Risk-Adjusted Alternatives to DXJ
DXJ has a PortfoliosLab risk / return rank of 94. No ETFs in the Japan Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Japan Opportunities ETF | 93 | 281.43M | Jun 2013 | DXJ vs OPPJ | |
| iShares Currency Hedged MSCI Japan ETF | 92 | 731.15M | Jan 2014 | DXJ vs HEWJ | |
| Xtrackers MSCI Japan Hedged Equity ETF | 92 | 697.16M | Jun 2011 | DXJ vs DBJP | |
| Franklin FTSE Japan Hedged ETF | 89 | 172.98M | Nov 2017 | DXJ vs FLJH | |
| iShares MSCI Japan Value ETF | 75 | 697.65M | Mar 2019 | DXJ vs EWJV |
Top Performing DXJ Alternatives (YTD)
DXJ is at 22.23% YTD. There are 3 ETFs in the Japan Equities category with higher YTD returns, going as high as 24.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra MSCI Japan | 24.78% | 13.97M | Jun 2009 | DXJ vs EZJ | |
| WisdomTree Japan Opportunities ETF | 23.60% | 281.43M | Jun 2013 | DXJ vs OPPJ | |
| MUFG Japan Small Cap Active ETF | 22.70% | 22.87M | Sep 2025 | DXJ vs MJSC | |
| Xtrackers MSCI Japan Hedged Equity ETF | 21.63% | 697.16M | Jun 2011 | DXJ vs DBJP | |
| iShares Currency Hedged MSCI Japan ETF | 21.52% | 731.15M | Jan 2014 | DXJ vs HEWJ |
Lowest Volatility Alternatives to DXJ
DXJ has 18.30% 1-year volatility. There are 2 ETFs in the Japan Equities category with lower 1-year volatility, going as low as 16.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Japan Small Cap ETF | 16.84% | 256.94M | Dec 2007 | DXJ vs SCJ | |
| WisdomTree Japan SmallCap Dividend Fund | 17.08% | 383.82M | Jun 2006 | DXJ vs DFJ | |
| Franklin FTSE Japan Hedged ETF | 19.20% | 172.98M | Nov 2017 | DXJ vs FLJH | |
| iShares MSCI Japan Value ETF | 19.68% | 697.65M | Mar 2019 | DXJ vs EWJV | |
| iShares JPX-Nikkei 400 ETF | 19.70% | 135.72M | Oct 2001 | DXJ vs JPXN |
Lowest Drawdown Alternatives to DXJ
DXJ has a 1-year max drawdown of -10.98%. There are 4 ETFs in the Japan Equities category with shallower 1-year drawdowns, going as shallow as -9.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Japan Opportunities ETF | -9.82% | 281.43M | Jun 2013 | DXJ vs OPPJ | |
| iShares Currency Hedged MSCI Japan ETF | -10.37% | 731.15M | Jan 2014 | DXJ vs HEWJ | |
| Xtrackers MSCI Japan Hedged Equity ETF | -10.39% | 697.16M | Jun 2011 | DXJ vs DBJP | |
| Franklin FTSE Japan Hedged ETF | -10.80% | 172.98M | Nov 2017 | DXJ vs FLJH | |
| iShares MSCI Japan Small Cap ETF | -12.17% | 256.94M | Dec 2007 | DXJ vs SCJ |
Other ETFs from WisdomTree
The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 13 categories. AUM among these funds goes as high as $18B.
Often Compared With DXJ
Investors most often compare DXJ with EWJ, DXJS, VOO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare DXJ with Any Fund or Stock
Compare DXJ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DXJ with funds that move differently
WisdomTree Japan Hedged Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DXJ.
Explore DXJ Diversifiers