DXJ vs. VPL
Compare and contrast key facts about WisdomTree Japan Hedged Equity Fund (DXJ) and Vanguard FTSE Pacific ETF (VPL).
DXJ and VPL 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. VPL is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Asia Pacific Index. It was launched on Mar 4, 2005. Both DXJ and VPL 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 VPL.
Correlation
The correlation between DXJ and VPL is 0.80, 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.
Performance
DXJ vs. VPL - Performance Comparison
Key characteristics
DXJ:
1.32
VPL:
0.30
DXJ:
1.70
VPL:
0.52
DXJ:
1.26
VPL:
1.06
DXJ:
1.24
VPL:
0.39
DXJ:
4.25
VPL:
1.22
DXJ:
6.48%
VPL:
3.74%
DXJ:
20.84%
VPL:
15.23%
DXJ:
-49.63%
VPL:
-55.49%
DXJ:
-7.30%
VPL:
-9.78%
Returns By Period
In the year-to-date period, DXJ achieves a 24.75% return, which is significantly higher than VPL's 0.97% return. Over the past 10 years, DXJ has outperformed VPL with an annualized return of 11.19%, while VPL has yielded a comparatively lower 4.98% annualized return.
DXJ
24.75%
-0.84%
1.26%
26.30%
17.76%
11.19%
VPL
0.97%
-2.68%
-1.67%
3.79%
3.13%
4.98%
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DXJ vs. VPL - Expense Ratio Comparison
DXJ has a 0.48% expense ratio, which is higher than VPL's 0.08% expense ratio.
Risk-Adjusted Performance
DXJ vs. VPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) and Vanguard FTSE Pacific ETF (VPL). 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. VPL - Dividend Comparison
DXJ's dividend yield for the trailing twelve months is around 2.36%, more than VPL's 1.39% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Vanguard FTSE Pacific ETF | 1.39% | 3.12% | 2.75% | 3.19% | 1.81% | 2.85% | 3.06% | 2.57% | 2.65% | 2.43% | 2.69% | 2.49% |
Drawdowns
DXJ vs. VPL - Drawdown Comparison
The maximum DXJ drawdown since its inception was -49.63%, smaller than the maximum VPL drawdown of -55.49%. Use the drawdown chart below to compare losses from any high point for DXJ and VPL. For additional features, visit the drawdowns tool.
Volatility
DXJ vs. VPL - Volatility Comparison
WisdomTree Japan Hedged Equity Fund (DXJ) has a higher volatility of 4.36% compared to Vanguard FTSE Pacific ETF (VPL) at 4.07%. This indicates that DXJ's price experiences larger fluctuations and is considered to be riskier than VPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.