DXJ vs. VEA
Compare and contrast key facts about WisdomTree Japan Hedged Equity Fund (DXJ) and Vanguard FTSE Developed Markets ETF (VEA).
DXJ and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both DXJ and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXJ or VEA.
Performance
DXJ vs. VEA - Performance Comparison
Returns By Period
In the year-to-date period, DXJ achieves a 24.76% return, which is significantly higher than VEA's 4.20% return. Over the past 10 years, DXJ has outperformed VEA with an annualized return of 11.37%, while VEA has yielded a comparatively lower 5.23% annualized return.
DXJ
24.76%
-0.02%
0.54%
22.13%
18.41%
11.37%
VEA
4.20%
-4.91%
-2.89%
12.52%
5.65%
5.23%
Key characteristics
| DXJ | VEA | |
|---|---|---|
| Sharpe Ratio | 1.12 | 0.96 |
| Sortino Ratio | 1.48 | 1.38 |
| Omega Ratio | 1.22 | 1.17 |
| Calmar Ratio | 1.05 | 1.24 |
| Martin Ratio | 3.72 | 4.78 |
| Ulcer Index | 6.28% | 2.57% |
| Daily Std Dev | 20.89% | 12.84% |
| Max Drawdown | -49.63% | -60.70% |
| Current Drawdown | -7.29% | -8.03% |
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DXJ vs. VEA - Expense Ratio Comparison
DXJ has a 0.48% expense ratio, which is higher than VEA's 0.05% expense ratio.
Correlation
The correlation between DXJ and VEA is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
DXJ vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) and Vanguard FTSE Developed Markets ETF (VEA). 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.
Dividends
DXJ vs. VEA - Dividend Comparison
DXJ's dividend yield for the trailing twelve months is around 2.36%, less than VEA's 3.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 2.36% | 3.44% | 3.03% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
VEA Vanguard FTSE Developed Markets ETF | 3.06% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
DXJ vs. VEA - Drawdown Comparison
The maximum DXJ drawdown since its inception was -49.63%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for DXJ and VEA. For additional features, visit the drawdowns tool.
Volatility
DXJ vs. VEA - Volatility Comparison
WisdomTree Japan Hedged Equity Fund (DXJ) has a higher volatility of 4.93% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.73%. This indicates that DXJ's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.