DXJ vs. HL
DXJ (WisdomTree Japan Hedged Equity Fund) is Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index, while HL (Hecla Mining Company) is a stock. Over the past 10 years, DXJ returned 19.00%/yr vs 8.43%/yr for HL. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
DXJ vs. HL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DXJ achieves a 21.25% return, which is significantly higher than HL's -26.39% return. Over the past 10 years, DXJ has outperformed HL with an annualized return of 19.00%, while HL has yielded a comparatively lower 8.43% annualized return.
DXJ
- 1D
- -0.73%
- 1M
- -1.20%
- 6M
- 14.45%
- YTD
- 21.25%
- 1Y
- 46.99%
- 3Y*
- 30.10%
- 5Y*
- 27.38%
- 10Y*
- 19.00%
- ALL TIME*
- 9.44%
HL
- 1D
- -5.43%
- 1M
- -9.43%
- 6M
- -37.28%
- YTD
- -26.39%
- 1Y
- 146.28%
- 3Y*
- 37.43%
- 5Y*
- 16.67%
- 10Y*
- 8.43%
- ALL TIME*
- -0.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $66.09M | $60.67M | $58.46M | |
| $675.62M | $596.53M | $453.27M |
DXJ vs. HL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 21.25% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -19.78% | 22.81% |
HL Hecla Mining Company | -26.39% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
Correlation
The correlation between DXJ and HL is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2006 | 0.19 |
Over the past year, DXJ and HL have become more correlated (0.43) than their long-term average of 0.19, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DXJ vs. HL — Risk / Return Rank
DXJ
HL
DXJ vs. HL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) and Hecla Mining Company (HL). 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.
| DXJ | HL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.30 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.30 | 2.64 | +1.66 |
| Martin ratioReturn relative to average drawdown | 16.08 | 4.75 | +11.33 |
Loading charts...
Drawdowns
DXJ vs. HL - Drawdown Comparison
The maximum DXJ drawdown since its inception was -49.63%, smaller than the maximum HL drawdown of -97.92%. Use the drawdown chart below to compare losses from any high point for DXJ and HL.
Loading charts...
Drawdown Indicators
| DXJ | HL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -97.92% | +48.29% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -55.81% | +44.83% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -55.81% | +33.62% |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | -55.81% | +33.62% |
Max Drawdown (10Y)Largest decline over 10 years | -39.14% | -82.45% | +43.31% |
Current DrawdownCurrent decline from peak | -3.40% | -55.59% | +52.19% |
Average DrawdownAverage peak-to-trough decline | -14.24% | -69.88% | +55.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 30.92% | -27.99% |
Volatility
DXJ vs. HL - Volatility Comparison
The current volatility for WisdomTree Japan Hedged Equity Fund (DXJ) is 6.07%, while Hecla Mining Company (HL) has a volatility of 17.22%. This indicates that DXJ experiences smaller price fluctuations and is considered to be less risky than HL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DXJ | HL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 17.22% | -11.15% |
Volatility (6M)Calculated over the trailing 6-month period | 14.35% | 51.30% | -36.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.07% | 73.85% | -55.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.07% | 59.58% | -40.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.93% | 62.79% | -42.86% |
Dividends
DXJ vs. HL - Dividend Comparison
DXJ's dividend yield for the trailing twelve months is around 0.97%, more than HL's 0.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 0.97% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
HL Hecla Mining Company | 0.11% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
Frequently Asked Questions
DXJ and HL have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HL has higher volatility (17.22%) compared to DXJ (6.07%). In terms of maximum drawdown, DXJ dropped -49.63% vs HL's -97.92%.
DXJ currently has the higher Sharpe Ratio (2.61 vs 1.99), 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.
Find the right allocation for DXJ and HL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer