RDW vs. DXJ
RDW (Redwire Corporation) is a stock, while DXJ (WisdomTree Japan Hedged Equity Fund) is Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Over the past 3 years, RDW returned 33.64%/yr vs 32.87%/yr for DXJ. At a 0.29 correlation, their price movements are largely independent.
Performance
RDW vs. DXJ - Performance Comparison
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Returns By Period
In the year-to-date period, RDW achieves a 11.18% return, which is significantly lower than DXJ's 22.45% return.
RDW
- 1D
- -9.72%
- 1M
- -37.41%
- 6M
- -22.19%
- YTD
- 11.18%
- 1Y
- -51.71%
- 3Y*
- 33.64%
- 5Y*
- —
- 10Y*
- —
DXJ
- 1D
- -0.77%
- 1M
- 1.23%
- 6M
- 13.56%
- YTD
- 22.45%
- 1Y
- 55.16%
- 3Y*
- 32.87%
- 5Y*
- 27.54%
- 10Y*
- 18.56%
RDW vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RDW Redwire Corporation | 11.18% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
DXJ WisdomTree Japan Hedged Equity Fund | 22.45% | 32.78% | 29.83% | 42.04% | 5.96% | 3.54% |
Correlation
The correlation between RDW and DXJ is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.29 |
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Return for Risk
RDW vs. DXJ — Risk / Return Rank
RDW
DXJ
RDW vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) 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.
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.
| RDW | DXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.47 | ||
| Sortino ratioReturn per unit of downside risk | -3.99 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.54 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 5.05 | -5.75 |
| Martin ratioReturn relative to average drawdown | -1.00 | 19.17 | -20.17 |
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Drawdowns
RDW vs. DXJ - Drawdown Comparison
The maximum RDW drawdown since its inception was -87.26%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for RDW and DXJ.
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Drawdown Indicators
| RDW | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.26% | -49.63% | -37.63% |
Max Drawdown (1Y)Largest decline over 1 year | -73.93% | -10.98% | -62.95% |
Max Drawdown (3Y)Largest decline over 3 years | -80.28% | -22.19% | -58.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.14% | — |
Current DrawdownCurrent decline from peak | -67.37% | -2.45% | -64.92% |
Average DrawdownAverage peak-to-trough decline | -59.23% | -14.27% | -44.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.95% | 2.89% | +49.06% |
Volatility
RDW vs. DXJ - Volatility Comparison
Redwire Corporation (RDW) has a higher volatility of 24.82% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 6.26%. This indicates that RDW'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.
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Volatility by Period
| RDW | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.82% | 6.26% | +18.56% |
Volatility (6M)Calculated over the trailing 6-month period | 91.58% | 14.30% | +77.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 118.36% | 18.31% | +100.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.72% | 19.05% | +77.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.72% | 19.92% | +76.80% |
Dividends
RDW vs. DXJ - Dividend Comparison
RDW has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 0.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 0.96% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
RDW Redwire Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RDW and DXJ have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (24.82%) compared to DXJ (6.26%). In terms of maximum drawdown, RDW dropped -87.26% vs DXJ's -49.63%.
DXJ currently has the higher Sharpe Ratio (3.03 vs -0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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