DXJ vs. VOO
Compare and contrast key facts about WisdomTree Japan Hedged Equity Fund (DXJ) and Vanguard S&P 500 ETF (VOO).
DXJ and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both DXJ and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
DXJ vs. VOO - Performance Comparison
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DXJ vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 10.00% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -19.78% | 22.81% |
VOO Vanguard S&P 500 ETF | -4.42% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, DXJ achieves a 10.00% return, which is significantly higher than VOO's -4.42% return. Over the past 10 years, DXJ has outperformed VOO with an annualized return of 17.25%, while VOO has yielded a comparatively lower 14.05% annualized return.
DXJ
- 1D
- 2.59%
- 1M
- -6.49%
- YTD
- 10.00%
- 6M
- 24.19%
- 1Y
- 46.21%
- 3Y*
- 34.37%
- 5Y*
- 24.33%
- 10Y*
- 17.25%
VOO
- 1D
- 2.86%
- 1M
- -5.01%
- YTD
- -4.42%
- 6M
- -1.84%
- 1Y
- 17.67%
- 3Y*
- 18.27%
- 5Y*
- 11.75%
- 10Y*
- 14.05%
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DXJ vs. VOO - Expense Ratio Comparison
DXJ has a 0.48% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
DXJ vs. VOO — Risk / Return Rank
DXJ
VOO
DXJ vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) and Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.04 | 0.98 | +1.06 |
Sortino ratioReturn per unit of downside risk | 2.67 | 1.50 | +1.18 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.23 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 3.46 | 1.53 | +1.92 |
Martin ratioReturn relative to average drawdown | 13.69 | 7.29 | +6.40 |
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 | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 0.98 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.29 | 0.70 | +0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.78 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.83 | -0.42 |
Correlation
The correlation between DXJ and VOO is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DXJ vs. VOO - Dividend Comparison
DXJ's dividend yield for the trailing twelve months is around 1.18%, which matches VOO's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 1.18% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
DXJ vs. VOO - Drawdown Comparison
The maximum DXJ drawdown since its inception was -49.63%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DXJ and VOO.
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Drawdown Indicators
| DXJ | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -33.99% | -15.64% |
Max Drawdown (1Y)Largest decline over 1 year | -12.65% | -11.98% | -0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | -24.52% | +2.33% |
Max Drawdown (10Y)Largest decline over 10 years | -39.14% | -33.99% | -5.15% |
Current DrawdownCurrent decline from peak | -6.79% | -6.29% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -14.44% | -3.72% | -10.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 2.52% | +0.79% |
Volatility
DXJ vs. VOO - Volatility Comparison
WisdomTree Japan Hedged Equity Fund (DXJ) has a higher volatility of 7.80% compared to Vanguard S&P 500 ETF (VOO) at 5.29%. This indicates that DXJ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DXJ | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 5.29% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 13.70% | 9.44% | +4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.77% | 18.10% | +4.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.91% | 16.82% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.50% | 17.99% | +2.51% |