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WisdomTree Japan Equity UCITS ETF USD Hedged Acc (...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
IE00BYQCZD50
Inception Date
Mar 9, 2017
Leveraged
1x (No leverage)
Index Tracked
WisdomTree Japan Hedged Equity UCITS Index
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in WisdomTree Japan Equity UCITS ETF USD Hedged Acc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

WisdomTree Japan Equity UCITS ETF USD Hedged Acc (DXJA.L) has returned 8.26% so far this year and 44.58% over the past 12 months.


WisdomTree Japan Equity UCITS ETF USD Hedged Acc

1D
-0.26%
1M
-8.69%
YTD
8.26%
6M
22.43%
1Y
44.58%
3Y*
33.59%
5Y*
23.83%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 15, 2017, DXJA.L's average daily return is +0.10%, while the average monthly return is +1.40%. At this rate, your investment would double in approximately 4.2 years.

Historically, 68% of months were positive and 32% were negative. The best month was Feb 2026 with a return of +12.2%, while the worst month was Feb 2020 at -12.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, DXJA.L closed higher 55% of trading days. The best single day was Mar 31, 2020 with a return of +7.9%, while the worst single day was Mar 12, 2020 at -11.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.71%12.16%-8.69%8.26%
20251.32%-2.37%1.04%-1.79%5.35%2.17%4.25%4.44%2.61%6.06%3.41%3.11%33.47%
20248.72%7.89%5.33%0.56%1.07%2.78%-2.60%-2.17%-1.87%1.76%1.34%3.60%28.93%
20235.44%3.55%1.09%2.64%3.32%12.13%2.48%0.27%2.91%-1.50%4.48%-1.10%41.24%
2022-1.61%1.63%3.87%-1.13%0.41%-0.95%2.78%1.72%-5.64%2.69%6.94%-4.04%6.17%
20212.04%4.58%6.07%-2.69%3.03%0.89%-3.14%1.46%4.76%-1.59%-4.65%6.43%17.72%

Benchmark Metrics

WisdomTree Japan Equity UCITS ETF USD Hedged Acc has an annualized alpha of 24.06%, beta of 0.51, and R² of 0.17 versus S&P 500 Index. Calculated based on daily prices since August 18, 2017.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.14%) than losses (20.68%) — typical of diversified or defensive assets.
  • Beta of 0.51 may look defensive, but with R² of 0.17 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.17 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
24.06%
Beta
0.51
0.17
Upside Capture
88.14%
Downside Capture
20.68%

Expense Ratio

DXJA.L has an expense ratio of 0.48%, placing it in the medium range.


Return for Risk

Risk / Return Rank

DXJA.L ranks 90 for risk / return — in the top 90% 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.


DXJA.L Risk / Return Rank: 9090
Overall Rank
DXJA.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
DXJA.L Sortino Ratio Rank: 8989
Sortino Ratio Rank
DXJA.L Omega Ratio Rank: 8989
Omega Ratio Rank
DXJA.L Calmar Ratio Rank: 9292
Calmar Ratio Rank
DXJA.L Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for WisdomTree Japan Equity UCITS ETF USD Hedged Acc (DXJA.L) and compare them to a chosen benchmark (S&P 500 Index).


DXJA.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.97

0.90

+1.08

Sortino ratio

Return per unit of downside risk

2.55

1.39

+1.16

Omega ratio

Gain probability vs. loss probability

1.39

1.21

+0.17

Calmar ratio

Return relative to maximum drawdown

3.35

1.40

+1.95

Martin ratio

Return relative to average drawdown

13.86

6.61

+7.25

Explore DXJA.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


WisdomTree Japan Equity UCITS ETF USD Hedged Acc doesn't pay dividends

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 Equity UCITS ETF USD Hedged Acc. 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 Equity UCITS ETF USD Hedged Acc was 37.52%, occurring on Mar 16, 2020. Recovery took 122 trading sessions.

The current WisdomTree Japan Equity UCITS ETF USD Hedged Acc drawdown is 8.69%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-37.52%Jan 24, 2018257Mar 16, 2020122Feb 9, 2021379
-23%Jul 11, 202418Aug 5, 2024161Mar 27, 2025179
-18.25%Mar 28, 20259Apr 9, 202553Jun 27, 202562
-11.41%Jan 6, 202235Mar 8, 20227Mar 24, 202242
-10.1%Mar 2, 202615Mar 20, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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