DXJS vs. ITB
Compare and contrast key facts about WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) and iShares U.S. Home Construction ETF (ITB).
DXJS and ITB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DXJS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged SmallCap Equity Index. It was launched on Jun 28, 2013. ITB is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Home Construction Index. It was launched on May 1, 2006. Both DXJS and ITB 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: DXJS or ITB.
Key characteristics
| DXJS | ITB | |
|---|---|---|
| YTD Return | 16.06% | 16.46% |
| 1Y Return | 20.65% | 45.33% |
| 3Y Return (Ann) | 19.14% | 16.29% |
| 5Y Return (Ann) | 13.35% | 21.92% |
| 10Y Return (Ann) | 11.42% | 17.40% |
| Sharpe Ratio | 1.13 | 1.67 |
| Sortino Ratio | 1.48 | 2.38 |
| Omega Ratio | 1.21 | 1.29 |
| Calmar Ratio | 1.22 | 2.85 |
| Martin Ratio | 5.23 | 7.42 |
| Ulcer Index | 3.85% | 6.01% |
| Daily Std Dev | 17.91% | 26.68% |
| Max Drawdown | -39.29% | -86.53% |
| Current Drawdown | -3.40% | -8.69% |
Correlation
The correlation between DXJS and ITB is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DXJS vs. ITB - Performance Comparison
The year-to-date returns for both investments are quite close, with DXJS having a 16.06% return and ITB slightly higher at 16.46%. Over the past 10 years, DXJS has underperformed ITB with an annualized return of 11.42%, while ITB has yielded a comparatively higher 17.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DXJS vs. ITB - Expense Ratio Comparison
DXJS has a 0.58% expense ratio, which is higher than ITB's 0.42% expense ratio.
Risk-Adjusted Performance
DXJS vs. ITB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) and iShares U.S. Home Construction ETF (ITB). 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
DXJS vs. ITB - Dividend Comparison
DXJS's dividend yield for the trailing twelve months is around 2.06%, more than ITB's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJS WisdomTree Japan Hedged SmallCap Equity Fund | 2.06% | 2.71% | 2.63% | 2.96% | 3.04% | 2.16% | 2.06% | 1.53% | 1.66% | 3.99% | 8.65% | 0.21% |
ITB iShares U.S. Home Construction ETF | 0.39% | 0.48% | 0.86% | 0.37% | 0.46% | 0.50% | 0.63% | 0.28% | 0.43% | 0.34% | 0.34% | 0.12% |
Drawdowns
DXJS vs. ITB - Drawdown Comparison
The maximum DXJS drawdown since its inception was -39.29%, smaller than the maximum ITB drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for DXJS and ITB. For additional features, visit the drawdowns tool.
Volatility
DXJS vs. ITB - Volatility Comparison
The current volatility for WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) is 4.02%, while iShares U.S. Home Construction ETF (ITB) has a volatility of 7.99%. This indicates that DXJS experiences smaller price fluctuations and is considered to be less risky than ITB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.