DXJ vs. ETH-USD
DXJ (WisdomTree Japan Hedged Equity Fund) is Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, DXJ returned 18.23%/yr vs 61.34%/yr for ETH-USD. At a 0.09 correlation, their price movements are largely independent.
Performance
DXJ vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, DXJ achieves a 17.86% return, which is significantly higher than ETH-USD's -43.98% return. Over the past 10 years, DXJ has underperformed ETH-USD with an annualized return of 18.23%, while ETH-USD has yielded a comparatively higher 61.34% annualized return.
DXJ
- 1D
- 0.39%
- 1M
- 2.00%
- YTD
- 17.86%
- 6M
- 21.01%
- 1Y
- 51.36%
- 3Y*
- 31.77%
- 5Y*
- 25.93%
- 10Y*
- 18.23%
ETH-USD
- 1D
- -1.64%
- 1M
- -28.55%
- YTD
- -43.98%
- 6M
- -46.81%
- 1Y
- -33.81%
- 3Y*
- -3.34%
- 5Y*
- -8.64%
- 10Y*
- 61.34%
DXJ vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 17.86% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -19.78% | 22.81% |
ETH-USD Ethereum | -43.98% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
Correlation
The correlation between DXJ and ETH-USD is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2015 | 0.09 |
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Return for Risk
DXJ vs. ETH-USD — Risk / Return Rank
DXJ
ETH-USD
DXJ vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) and Ethereum (ETH-USD). 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.
| DXJ | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.44 | ||
| Sortino ratioReturn per unit of downside risk | +4.34 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 0.96 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 4.70 | -0.50 | +5.20 |
| Martin ratioReturn relative to average drawdown | 18.34 | -0.88 | +19.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DXJ | ETH-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.94 | -0.50 | +3.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.37 | -0.12 | +1.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.91 | 0.65 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.75 | -0.33 |
Drawdowns
DXJ vs. ETH-USD - Drawdown Comparison
The maximum DXJ drawdown since its inception was -49.63%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for DXJ and ETH-USD.
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Drawdown Indicators
| DXJ | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -94.01% | +44.38% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -67.53% | +56.55% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -67.53% | +45.34% |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | -79.35% | +57.16% |
Max Drawdown (10Y)Largest decline over 10 years | -39.14% | -94.01% | +54.87% |
Current DrawdownCurrent decline from peak | -2.06% | -65.60% | +63.54% |
Average DrawdownAverage peak-to-trough decline | -14.33% | -50.89% | +36.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 44.58% | -41.77% |
Volatility
DXJ vs. ETH-USD - Volatility Comparison
The current volatility for WisdomTree Japan Hedged Equity Fund (DXJ) is 4.19%, while Ethereum (ETH-USD) has a volatility of 16.88%. This indicates that DXJ experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DXJ | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | 16.88% | -12.69% |
Volatility (6M)Calculated over the trailing 6-month period | 13.33% | 46.80% | -33.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.58% | 56.55% | -38.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.00% | 59.65% | -40.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.19% | 78.04% | -57.85% |
Frequently Asked Questions
DXJ and ETH-USD have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (16.88%) compared to DXJ (4.19%). In terms of maximum drawdown, DXJ dropped -49.63% vs ETH-USD's -94.01%.
DXJ currently has the higher Sharpe Ratio (2.94 vs -0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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