DBAW vs. DXJ
Compare and contrast key facts about Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) and WisdomTree Japan Hedged Equity Fund (DXJ).
DBAW and DXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBAW is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI ACWI ex USA US Dollar Hedged Index. It was launched on Jan 23, 2014. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006. Both DBAW and DXJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBAW or DXJ.
Correlation
The correlation between DBAW and DXJ is 0.74, 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.
Performance
DBAW vs. DXJ - Performance Comparison
Key characteristics
DBAW:
1.79
DXJ:
0.69
DBAW:
2.40
DXJ:
0.99
DBAW:
1.33
DXJ:
1.14
DBAW:
2.21
DXJ:
0.66
DBAW:
8.83
DXJ:
2.19
DBAW:
2.24%
DXJ:
6.70%
DBAW:
11.05%
DXJ:
21.29%
DBAW:
-31.44%
DXJ:
-49.63%
DBAW:
0.00%
DXJ:
-3.66%
Returns By Period
In the year-to-date period, DBAW achieves a 6.45% return, which is significantly higher than DXJ's -0.14% return. Over the past 10 years, DBAW has underperformed DXJ with an annualized return of 7.35%, while DXJ has yielded a comparatively higher 11.01% annualized return.
DBAW
6.45%
3.91%
9.10%
17.41%
8.81%
7.35%
DXJ
-0.14%
2.27%
7.51%
13.18%
19.95%
11.01%
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DBAW vs. DXJ - Expense Ratio Comparison
DBAW has a 0.41% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Risk-Adjusted Performance
DBAW vs. DXJ — Risk-Adjusted Performance Rank
DBAW
DXJ
DBAW vs. DXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) 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.
Dividends
DBAW vs. DXJ - Dividend Comparison
DBAW's dividend yield for the trailing twelve months is around 1.60%, less than DXJ's 3.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | 1.60% | 1.70% | 3.45% | 13.44% | 2.05% | 2.08% | 2.91% | 2.93% | 2.41% | 1.99% | 5.74% | 7.59% |
DXJ WisdomTree Japan Hedged Equity Fund | 3.49% | 3.48% | 3.44% | 3.03% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% |
Drawdowns
DBAW vs. DXJ - Drawdown Comparison
The maximum DBAW drawdown since its inception was -31.44%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for DBAW and DXJ. For additional features, visit the drawdowns tool.
Volatility
DBAW vs. DXJ - Volatility Comparison
The current volatility for Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) is 2.55%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 4.18%. This indicates that DBAW experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.