DFJ vs. DXJS
DFJ (WisdomTree Japan SmallCap Dividend Fund) and DXJS (WisdomTree Japan Hedged SmallCap Equity Fund) are both Japan Equities funds from WisdomTree - DFJ tracks the WisdomTree Japan SmallCap Dividend Index while DXJS tracks the WisdomTree Japan Hedged SmallCap Equity Index. Both are passively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.58% expense ratio.
Performance
DFJ vs. DXJS - Performance Comparison
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Returns By Period
DFJ
- 1D
- -0.21%
- 1M
- -0.56%
- 6M
- 5.79%
- YTD
- 12.43%
- 1Y
- 23.77%
- 3Y*
- 18.59%
- 5Y*
- 10.25%
- 10Y*
- 8.80%
- ALL TIME*
- 5.90%
DXJS
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.27M | $3.89M | $3.95M |
DFJ vs. DXJS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DFJ WisdomTree Japan SmallCap Dividend Fund | 12.43% | 31.90% | 2.80% | 21.81% | -9.00% | 0.38% | 1.29% | 16.98% | -18.53% | 32.14% |
DXJS WisdomTree Japan Hedged SmallCap Equity Fund | 23.30% | 37.08% | 20.70% | 38.96% | 5.02% | 11.66% | -3.22% | 18.24% | -18.69% | 29.56% |
Correlation
The correlation between DFJ and DXJS is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2013 | 0.77 |
The correlation between DFJ and DXJS shifts across timeframes, from 0.67 (5 years) to 0.77 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DFJ vs. DXJS — Risk / Return Rank
DFJ
DXJS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DFJ vs. DXJS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan SmallCap Dividend Fund (DFJ) and WisdomTree Japan Hedged SmallCap Equity Fund (DXJS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DFJ | DXJS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | — | — |
| Martin ratioReturn relative to average drawdown | 5.39 | — | — |
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Drawdowns
DFJ vs. DXJS - Drawdown Comparison
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Drawdown Indicators
| DFJ | DXJS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.00% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -13.03% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -13.03% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.71% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.02% | — | — |
Current DrawdownCurrent decline from peak | -4.04% | — | — |
Average DrawdownAverage peak-to-trough decline | -11.10% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | — | — |
Volatility
DFJ vs. DXJS - Volatility Comparison
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Volatility by Period
| DFJ | DXJS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.34% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.57% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.11% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.00% | — | — |
DFJ vs. DXJS - Expense Ratio Comparison
Both DFJ and DXJS have an expense ratio of 0.58%.
Dividends
DFJ vs. DXJS - Dividend Comparison
DFJ's dividend yield for the trailing twelve months is around 2.61%, while DXJS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFJ WisdomTree Japan SmallCap Dividend Fund | 2.61% | 2.68% | 2.46% | 2.43% | 2.62% | 2.07% | 2.59% | 2.24% | 1.89% | 1.60% | 1.76% | 1.23% |
DXJS WisdomTree Japan Hedged SmallCap Equity Fund | 0.53% | 1.78% | 4.02% | 2.71% | 2.63% | 2.96% | 3.04% | 2.17% | 2.06% | 1.53% | 1.66% | 3.61% |
Frequently Asked Questions
DFJ and DXJS have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.58% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DFJ and DXJS have the same expense ratio: 0.58% per year.
DFJ has the higher dividend yield at 2.61%, compared with 0.53% for DXJS.
DFJ tracks WisdomTree Japan SmallCap Dividend Index, while DXJS tracks WisdomTree Japan Hedged SmallCap Equity Index.
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