DXJ vs. NTSX
DXJ (WisdomTree Japan Hedged Equity Fund) and NTSX (WisdomTree U.S. Efficient Core Fund) are both exchange-traded funds - DXJ is a Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index, while NTSX is a Diversified Portfolio fund actively managed by WisdomTree. DXJ is passively managed, while NTSX is actively managed. Over the past 5 years, DXJ returned 26.40%/yr vs 8.85%/yr for NTSX. A 0.54 correlation means they provide meaningful diversification when combined. DXJ charges 0.48%/yr vs 0.20%/yr for NTSX.
Performance
DXJ vs. NTSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DXJ achieves a 20.23% return, which is significantly higher than NTSX's 6.46% return.
DXJ
- 1D
- -3.57%
- 1M
- 2.21%
- YTD
- 20.23%
- 6M
- 20.18%
- 1Y
- 55.89%
- 3Y*
- 31.66%
- 5Y*
- 26.40%
- 10Y*
- 19.25%
NTSX
- 1D
- -0.89%
- 1M
- -0.87%
- YTD
- 6.46%
- 6M
- 5.53%
- 1Y
- 21.24%
- 3Y*
- 18.24%
- 5Y*
- 8.85%
- 10Y*
- —
DXJ vs. NTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 20.23% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -16.60% |
NTSX WisdomTree U.S. Efficient Core Fund | 6.46% | 18.82% | 20.20% | 22.70% | -25.84% | 22.21% | 24.87% | 32.03% | -7.87% |
Correlation
The correlation between DXJ and NTSX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2018 | 0.54 |
The correlation between DXJ and NTSX has been stable across timeframes, ranging from 0.44 to 0.54 - a consistent structural relationship.
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. NTSX — Risk / Return Rank
DXJ
NTSX
DXJ vs. NTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) and WisdomTree U.S. Efficient Core Fund (NTSX). 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 | NTSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.29 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 5.12 | 2.33 | +2.79 |
| Martin ratioReturn relative to average drawdown | 19.78 | 9.93 | +9.86 |
Loading charts...
Drawdowns
DXJ vs. NTSX - Drawdown Comparison
The maximum DXJ drawdown since its inception was -49.63%, which is greater than NTSX's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for DXJ and NTSX.
Loading charts...
Drawdown Indicators
| DXJ | NTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -31.34% | -18.29% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -9.16% | -1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -16.82% | -5.37% |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | -31.34% | +9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -39.14% | — | — |
Current DrawdownCurrent decline from peak | -3.57% | -3.02% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -14.30% | -6.76% | -7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 2.14% | +0.69% |
Volatility
DXJ vs. NTSX - Volatility Comparison
WisdomTree Japan Hedged Equity Fund (DXJ) has a higher volatility of 6.28% compared to WisdomTree U.S. Efficient Core Fund (NTSX) at 5.26%. This indicates that DXJ's price experiences larger fluctuations and is considered to be riskier than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DXJ | NTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.28% | 5.26% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 14.08% | 10.56% | +3.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.14% | 13.13% | +5.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.08% | 17.17% | +1.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.00% | 18.29% | +1.71% |
DXJ vs. NTSX - Expense Ratio Comparison
DXJ has a 0.48% expense ratio, which is higher than NTSX's 0.20% expense ratio.
Dividends
DXJ vs. NTSX - Dividend Comparison
DXJ's dividend yield for the trailing twelve months is around 1.08%, less than NTSX's 1.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 1.08% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
NTSX WisdomTree U.S. Efficient Core Fund | 1.10% | 1.14% | 1.14% | 1.21% | 1.36% | 0.82% | 0.92% | 1.42% | 0.62% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DXJ and NTSX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXJ has higher volatility (6.28%) compared to NTSX (5.26%). In terms of maximum drawdown, DXJ dropped -49.63% vs NTSX's -31.34%.
On 5-year performance, DXJ leads with 26.40% vs 8.85% for NTSX. On fees, NTSX is cheaper at 0.20% per year. On volatility, NTSX has been the lower-risk option at 5.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DXJ has performed better with a 26.40% return vs 8.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NTSX is cheaper with a 0.20% expense ratio, compared with 0.48% for DXJ.
NTSX has the higher dividend yield at 1.10%, compared with 1.08% for DXJ.
DXJ is categorized as Japan Equities, while NTSX is Diversified Portfolio. Their fees differ too: 0.48% for DXJ and 0.20% for NTSX.
DXJ currently has the higher Sharpe Ratio (3.10 vs 1.63), 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 NTSX
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