MVPS vs. DXJ
Compare and contrast key facts about Amplify Thematic All-Stars ETF (MVPS) and WisdomTree Japan Hedged Equity Fund (DXJ).
MVPS and DXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MVPS is a passively managed fund by Amplify Investments that tracks the performance of the ETF All-Stars Thematic Composite Index - Benchmark TR Gross. It was launched on Jul 21, 2021. 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. Both MVPS and DXJ 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: MVPS or DXJ.
Key characteristics
| MVPS | DXJ | |
|---|---|---|
| YTD Return | 16.33% | 25.86% |
| 1Y Return | 34.20% | 23.73% |
| 3Y Return (Ann) | -6.19% | 23.68% |
| Sharpe Ratio | 1.76 | 1.22 |
| Sortino Ratio | 2.34 | 1.59 |
| Omega Ratio | 1.30 | 1.24 |
| Calmar Ratio | 1.02 | 1.14 |
| Martin Ratio | 8.51 | 4.06 |
| Ulcer Index | 4.69% | 6.25% |
| Daily Std Dev | 22.63% | 20.85% |
| Max Drawdown | -51.36% | -49.63% |
| Current Drawdown | -17.99% | -6.47% |
Correlation
The correlation between MVPS and DXJ is 0.49, 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.
Performance
MVPS vs. DXJ - Performance Comparison
In the year-to-date period, MVPS achieves a 16.33% return, which is significantly lower than DXJ's 25.86% 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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MVPS vs. DXJ - Expense Ratio Comparison
MVPS has a 0.49% expense ratio, which is higher than DXJ's 0.48% expense ratio.
Risk-Adjusted Performance
MVPS vs. DXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Thematic All-Stars ETF (MVPS) 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.
Dividends
MVPS vs. DXJ - Dividend Comparison
MVPS has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 2.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVPS Amplify Thematic All-Stars ETF | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DXJ WisdomTree Japan Hedged Equity Fund | 2.34% | 3.44% | 3.03% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
Drawdowns
MVPS vs. DXJ - Drawdown Comparison
The maximum MVPS drawdown since its inception was -51.36%, roughly equal to the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for MVPS and DXJ. For additional features, visit the drawdowns tool.
Volatility
MVPS vs. DXJ - Volatility Comparison
Amplify Thematic All-Stars ETF (MVPS) has a higher volatility of 6.55% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 4.63%. This indicates that MVPS's price experiences larger fluctuations and is considered to be riskier than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.