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BBJP vs. DXJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBJP and DXJ is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

BBJP vs. DXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Japan ETF (BBJP) and WisdomTree Japan Hedged Equity Fund (DXJ). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%140.00%160.00%JulyAugustSeptemberOctoberNovemberDecember
28.39%
139.25%
BBJP
DXJ

Key characteristics

Sharpe Ratio

BBJP:

0.55

DXJ:

1.36

Sortino Ratio

BBJP:

0.85

DXJ:

1.75

Omega Ratio

BBJP:

1.11

DXJ:

1.26

Calmar Ratio

BBJP:

0.80

DXJ:

1.28

Martin Ratio

BBJP:

2.27

DXJ:

4.37

Ulcer Index

BBJP:

4.22%

DXJ:

6.50%

Daily Std Dev

BBJP:

17.50%

DXJ:

20.91%

Max Drawdown

BBJP:

-32.66%

DXJ:

-49.63%

Current Drawdown

BBJP:

-7.99%

DXJ:

-6.15%

Returns By Period

In the year-to-date period, BBJP achieves a 5.90% return, which is significantly lower than DXJ's 26.30% return.


BBJP

YTD

5.90%

1M

-0.18%

6M

1.79%

1Y

7.67%

5Y*

4.12%

10Y*

N/A

DXJ

YTD

26.30%

1M

0.77%

6M

2.25%

1Y

27.58%

5Y*

18.03%

10Y*

11.22%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BBJP vs. DXJ - Expense Ratio Comparison

BBJP has a 0.19% expense ratio, which is lower than DXJ's 0.48% expense ratio.


DXJ
WisdomTree Japan Hedged Equity Fund
Expense ratio chart for DXJ: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for BBJP: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

BBJP vs. DXJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Japan ETF (BBJP) and WisdomTree Japan Hedged Equity Fund (DXJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for BBJP, currently valued at 0.55, compared to the broader market0.002.004.000.551.36
The chart of Sortino ratio for BBJP, currently valued at 0.85, compared to the broader market-2.000.002.004.006.008.0010.000.851.75
The chart of Omega ratio for BBJP, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.26
The chart of Calmar ratio for BBJP, currently valued at 0.80, compared to the broader market0.005.0010.0015.000.801.28
The chart of Martin ratio for BBJP, currently valued at 2.27, compared to the broader market0.0020.0040.0060.0080.00100.002.274.37
BBJP
DXJ

The current BBJP Sharpe Ratio is 0.55, which is lower than the DXJ Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of BBJP and DXJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.55
1.36
BBJP
DXJ

Dividends

BBJP vs. DXJ - Dividend Comparison

BBJP has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 2.33%.


TTM20232022202120202019201820172016201520142013
BBJP
JPMorgan BetaBuilders Japan ETF
0.00%3.05%1.51%2.89%1.12%2.31%0.65%0.00%0.00%0.00%0.00%0.00%
DXJ
WisdomTree Japan Hedged Equity Fund
0.87%3.44%3.03%2.64%2.53%2.47%2.92%2.30%1.98%5.95%11.61%2.44%

Drawdowns

BBJP vs. DXJ - Drawdown Comparison

The maximum BBJP drawdown since its inception was -32.66%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for BBJP and DXJ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.99%
-6.15%
BBJP
DXJ

Volatility

BBJP vs. DXJ - Volatility Comparison

JPMorgan BetaBuilders Japan ETF (BBJP) and WisdomTree Japan Hedged Equity Fund (DXJ) have volatilities of 4.95% and 4.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
4.95%
4.82%
BBJP
DXJ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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