Correlation
The correlation between IJPIX and DXJ 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.
IJPIX vs. DXJ
Compare and contrast key facts about VY JPMorgan Emerging Markets Equity Portfolio (IJPIX) and WisdomTree Japan Hedged Equity Fund (DXJ).
IJPIX is managed by Voya. It was launched on Feb 17, 1998. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IJPIX or DXJ.
Performance
IJPIX vs. DXJ - Performance Comparison
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Key characteristics
IJPIX:
0.53
DXJ:
0.28
IJPIX:
0.70
DXJ:
0.49
IJPIX:
1.09
DXJ:
1.07
IJPIX:
0.18
DXJ:
0.28
IJPIX:
1.46
DXJ:
0.83
IJPIX:
5.17%
DXJ:
7.52%
IJPIX:
18.54%
DXJ:
26.23%
IJPIX:
-64.21%
DXJ:
-49.63%
IJPIX:
-29.98%
DXJ:
-0.93%
Returns By Period
In the year-to-date period, IJPIX achieves a 10.58% return, which is significantly higher than DXJ's 3.07% return. Over the past 10 years, IJPIX has underperformed DXJ with an annualized return of 4.76%, while DXJ has yielded a comparatively higher 10.02% annualized return.
IJPIX
10.58%
5.18%
9.52%
10.98%
4.08%
4.07%
4.76%
DXJ
3.07%
3.49%
7.29%
5.67%
25.01%
22.71%
10.02%
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IJPIX vs. DXJ - Expense Ratio Comparison
IJPIX has a 1.51% expense ratio, which is higher than DXJ's 0.48% expense ratio.
Risk-Adjusted Performance
IJPIX vs. DXJ — Risk-Adjusted Performance Rank
IJPIX
DXJ
IJPIX vs. DXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VY JPMorgan Emerging Markets Equity Portfolio (IJPIX) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.
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Dividends
IJPIX vs. DXJ - Dividend Comparison
IJPIX's dividend yield for the trailing twelve months is around 0.74%, less than DXJ's 3.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJPIX VY JPMorgan Emerging Markets Equity Portfolio | 0.74% | 0.82% | 1.67% | 42.85% | 8.66% | 5.75% | 5.37% | 0.65% | 0.40% | 1.15% | 9.47% | 11.98% |
DXJ WisdomTree Japan Hedged Equity Fund | 3.11% | 3.48% | 3.44% | 3.03% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% |
Drawdowns
IJPIX vs. DXJ - Drawdown Comparison
The maximum IJPIX drawdown since its inception was -64.21%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for IJPIX and DXJ.
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Volatility
IJPIX vs. DXJ - Volatility Comparison
The current volatility for VY JPMorgan Emerging Markets Equity Portfolio (IJPIX) is 4.21%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 5.95%. This indicates that IJPIX experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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