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

Correlation

The correlation between DBAW and DXJ is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

DBAW vs. DXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) and WisdomTree Japan Hedged Equity Fund (DXJ). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
125.86%
245.94%
DBAW
DXJ

Key characteristics

Sharpe Ratio

DBAW:

0.57

DXJ:

0.18

Sortino Ratio

DBAW:

0.88

DXJ:

0.41

Omega Ratio

DBAW:

1.13

DXJ:

1.06

Calmar Ratio

DBAW:

0.66

DXJ:

0.21

Martin Ratio

DBAW:

2.87

DXJ:

0.62

Ulcer Index

DBAW:

3.22%

DXJ:

7.45%

Daily Std Dev

DBAW:

16.20%

DXJ:

25.97%

Max Drawdown

DBAW:

-31.44%

DXJ:

-49.63%

Current Drawdown

DBAW:

-4.25%

DXJ:

-6.00%

Returns By Period

In the year-to-date period, DBAW achieves a 2.74% return, which is significantly higher than DXJ's -2.19% return. Over the past 10 years, DBAW has underperformed DXJ with an annualized return of 6.38%, while DXJ has yielded a comparatively higher 9.84% annualized return.


DBAW

YTD

2.74%

1M

-3.14%

6M

1.28%

1Y

9.60%

5Y*

12.35%

10Y*

6.38%

DXJ

YTD

-2.19%

1M

-5.43%

6M

4.18%

1Y

5.47%

5Y*

23.91%

10Y*

9.84%

*Annualized

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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.


Expense ratio chart for DXJ: current value is 0.48%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DXJ: 0.48%
Expense ratio chart for DBAW: current value is 0.41%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DBAW: 0.41%

Risk-Adjusted Performance

DBAW vs. DXJ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBAW
The Risk-Adjusted Performance Rank of DBAW is 6565
Overall Rank
The Sharpe Ratio Rank of DBAW is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of DBAW is 6060
Sortino Ratio Rank
The Omega Ratio Rank of DBAW is 6262
Omega Ratio Rank
The Calmar Ratio Rank of DBAW is 7171
Calmar Ratio Rank
The Martin Ratio Rank of DBAW is 7171
Martin Ratio Rank

DXJ
The Risk-Adjusted Performance Rank of DXJ is 3434
Overall Rank
The Sharpe Ratio Rank of DXJ is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of DXJ is 3333
Sortino Ratio Rank
The Omega Ratio Rank of DXJ is 3434
Omega Ratio Rank
The Calmar Ratio Rank of DXJ is 3838
Calmar Ratio Rank
The Martin Ratio Rank of DXJ is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for DBAW, currently valued at 0.57, compared to the broader market-1.000.001.002.003.004.00
DBAW: 0.57
DXJ: 0.18
The chart of Sortino ratio for DBAW, currently valued at 0.88, compared to the broader market-2.000.002.004.006.008.00
DBAW: 0.88
DXJ: 0.41
The chart of Omega ratio for DBAW, currently valued at 1.13, compared to the broader market0.501.001.502.002.50
DBAW: 1.13
DXJ: 1.06
The chart of Calmar ratio for DBAW, currently valued at 0.66, compared to the broader market0.002.004.006.008.0010.0012.00
DBAW: 0.66
DXJ: 0.21
The chart of Martin ratio for DBAW, currently valued at 2.87, compared to the broader market0.0020.0040.0060.00
DBAW: 2.87
DXJ: 0.62

The current DBAW Sharpe Ratio is 0.57, which is higher than the DXJ Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of DBAW 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 Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.57
0.18
DBAW
DXJ

Dividends

DBAW vs. DXJ - Dividend Comparison

DBAW's dividend yield for the trailing twelve months is around 1.65%, less than DXJ's 3.28% yield.


TTM20242023202220212020201920182017201620152014
DBAW
Xtrackers MSCI All World ex US Hedged Equity ETF
1.65%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
3.28%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.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-4.25%
-6.00%
DBAW
DXJ

Volatility

DBAW vs. DXJ - Volatility Comparison

The current volatility for Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) is 11.75%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 15.47%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
11.75%
15.47%
DBAW
DXJ