DXJS vs. ITB

Last updated Jul 17, 2026

DXJS (WisdomTree Japan Hedged SmallCap Equity Fund) and ITB (iShares U.S. Home Construction ETF) are both exchange-traded funds - DXJS is a Japan Equities fund tracking the WisdomTree Japan Hedged SmallCap Equity Index, while ITB is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index. Both are passively managed. At a 0.37 correlation, their price movements are largely independent. DXJS charges 0.58%/yr vs 0.38%/yr for ITB.

Performance

DXJS vs. ITB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) and iShares U.S. Home Construction ETF (ITB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DXJS

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ITB

• 1D: 2.30%
• 1M: 1.96%
• 6M: -8.10%
• YTD: 4.41%
• 1Y: 6.11%
• 3Y*: 5.14%
• 5Y*: 9.52%
• 10Y*: 13.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXJS vs. ITB - 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%
ITB iShares U.S. Home Construction ETF	4.41%	-5.26%	2.06%	68.91%	-26.26%	49.25%	26.42%	48.70%	-30.92%	59.65%

Correlation

The correlation between DXJS and ITB is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jun 28, 2013	0.37

Return for Risk

DXJS vs. ITB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXJS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ITB

ITB Risk / Return Rank: 13
ITB Sharpe Ratio Rank: 13
ITB Sortino Ratio Rank: 14
ITB Omega Ratio Rank: 13
ITB Calmar Ratio Rank: 12
ITB Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXJS vs. ITB - Risk-Adjusted Trends 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.

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	ITB	Difference
Sharpe ratio: Return per unit of total volatility	—	0.20	—
Sortino ratio: Return per unit of downside risk	—	0.57	—
Omega ratio: Gain probability vs. loss probability	—	1.06	—
Calmar ratio: Return relative to maximum drawdown	—	0.24	—
Martin ratio: Return relative to average drawdown	—	0.43	—

Drawdowns

Drawdown Indicators

	DXJS	ITB	Difference
Max Drawdown Largest peak-to-trough decline	—	-86.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-26.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.10%	—
Current Drawdown Current decline from peak	—	-20.85%	—
Average Drawdown Average peak-to-trough decline	—	-37.01%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.09%	—

Volatility

Volatility by Period

	DXJS	ITB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	30.04%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	29.53%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.14%	—

DXJS vs. ITB - Expense Ratio Comparison

DXJS has a 0.58% expense ratio, which is higher than ITB's 0.38% expense ratio.

Dividends

DXJS vs. ITB - Dividend Comparison

DXJS has not paid dividends to shareholders, while ITB's dividend yield for the trailing twelve months is around 0.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
ITB iShares U.S. Home Construction ETF	0.64%	1.67%	0.46%	0.48%	0.86%	0.37%	0.46%	0.50%	0.63%	0.28%	0.43%	0.34%

Frequently Asked Questions

Can I hold both DXJS and ITB in my portfolio?

DXJS and ITB have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DXJS or ITB?

On fees, ITB is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DXJS or ITB?

ITB is cheaper with a 0.38% expense ratio, compared with 0.58% for DXJS.

Which ETF pays a higher dividend yield, DXJS or ITB?

ITB has the higher dividend yield at 0.64%, compared with 0.53% for DXJS.

What is the main difference between DXJS and ITB?

DXJS is categorized as Japan Equities, while ITB is Building & Construction. DXJS tracks WisdomTree Japan Hedged SmallCap Equity Index, while ITB tracks Dow Jones U.S. Select Home Construction Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.58% for DXJS and 0.38% for ITB.