DXJS vs. DHS
DXJS (WisdomTree Japan Hedged SmallCap Equity Fund) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - DXJS is a Japan Equities fund tracking the WisdomTree Japan Hedged SmallCap Equity Index, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. Both are passively managed. At a 0.47 correlation, their price movements are largely independent. DXJS charges 0.58%/yr vs 0.38%/yr for DHS.
Performance
DXJS vs. DHS - Performance Comparison
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Returns By Period
DXJS
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DHS
- 1D
- 2.06%
- 1M
- 3.39%
- 6M
- 12.17%
- YTD
- 16.74%
- 1Y
- 23.96%
- 3Y*
- 17.92%
- 5Y*
- 12.50%
- 10Y*
- 9.47%
DXJS vs. DHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXJS WisdomTree Japan Hedged SmallCap Equity Fund | 23.30% | 37.08% | 20.70% | 38.96% | 5.02% | 11.66% | -3.22% | 18.24% | -18.69% | 29.56% |
DHS WisdomTree US High Dividend Fund | 16.74% | 12.87% | 18.02% | -0.19% | 7.97% | 23.20% | -5.70% | 22.59% | -7.41% | 11.69% |
Correlation
The correlation between DXJS and DHS is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2013 | 0.47 |
The correlation between DXJS and DHS shifts across timeframes, from 0.30 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DXJS vs. DHS — Risk / Return Rank
DXJS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DHS
DXJS vs. DHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) and WisdomTree US High Dividend Fund (DHS). 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.
| DXJS | DHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.82 | — |
| Martin ratioReturn relative to average drawdown | — | 13.87 | — |
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Drawdowns
DXJS vs. DHS - Drawdown Comparison
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Drawdown Indicators
| DXJS | DHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -67.25% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.30% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.35% | — |
Current DrawdownCurrent decline from peak | — | 0.00% | — |
Average DrawdownAverage peak-to-trough decline | — | -9.50% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.73% | — |
Volatility
DXJS vs. DHS - Volatility Comparison
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Volatility by Period
| DXJS | DHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.86% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 10.31% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 13.90% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 16.08% | — |
DXJS vs. DHS - Expense Ratio Comparison
DXJS has a 0.58% expense ratio, which is higher than DHS's 0.38% expense ratio.
Dividends
DXJS vs. DHS - Dividend Comparison
DXJS has not paid dividends to shareholders, while DHS's dividend yield for the trailing twelve months is around 3.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHS WisdomTree US High Dividend Fund | 3.09% | 3.32% | 3.66% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.76% | 3.00% | 3.25% | 3.53% |
DXJS WisdomTree Japan Hedged SmallCap Equity Fund | 0.53% | 1.78% | 4.02% | 2.71% | 2.63% | 2.96% | 3.04% | 2.17% | 2.06% | 1.53% | 1.66% | 3.61% |
Frequently Asked Questions
DXJS and DHS have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DHS is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DHS is cheaper with a 0.38% expense ratio, compared with 0.58% for DXJS.
DHS has the higher dividend yield at 3.09%, compared with 0.53% for DXJS.
DXJS is categorized as Japan Equities, while DHS is Large Cap Value Equities. DXJS tracks WisdomTree Japan Hedged SmallCap Equity Index, while DHS tracks WisdomTree U.S. High Dividend Index. Their fees differ too: 0.58% for DXJS and 0.38% for DHS.
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