TDTT vs. DXJ
TDTT (FlexShares iBoxx 3-Year Target Duration TIPS Index Fund) and DXJ (WisdomTree Japan Hedged Equity Fund) are both exchange-traded funds - TDTT is a Inflation-Protected Bonds fund tracking the iBoxx 3-Year Target Duration TIPS, while DXJ is a Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Both are passively managed. Over the past 10 years, TDTT returned 3.11%/yr vs 18.33%/yr for DXJ. At a correlation of -0.10, they often move in opposite directions. TDTT charges 0.18%/yr vs 0.48%/yr for DXJ.
Performance
TDTT vs. DXJ - Performance Comparison
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Returns By Period
In the year-to-date period, TDTT achieves a 1.81% return, which is significantly lower than DXJ's 19.64% return. Over the past 10 years, TDTT has underperformed DXJ with an annualized return of 3.11%, while DXJ has yielded a comparatively higher 18.33% annualized return.
TDTT
- 1D
- 0.00%
- 1M
- -0.06%
- YTD
- 1.81%
- 6M
- 1.77%
- 1Y
- 4.65%
- 3Y*
- 5.00%
- 5Y*
- 2.85%
- 10Y*
- 3.11%
DXJ
- 1D
- 0.74%
- 1M
- 7.24%
- YTD
- 19.64%
- 6M
- 24.36%
- 1Y
- 53.93%
- 3Y*
- 33.15%
- 5Y*
- 26.13%
- 10Y*
- 18.33%
TDTT vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDTT FlexShares iBoxx 3-Year Target Duration TIPS Index Fund | 1.81% | 6.67% | 3.96% | 4.40% | -4.58% | 5.49% | 6.84% | 5.74% | 0.25% | 0.43% |
DXJ WisdomTree Japan Hedged Equity Fund | 19.64% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -19.78% | 22.81% |
Correlation
The correlation between TDTT and DXJ is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2011 | -0.10 |
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Return for Risk
TDTT vs. DXJ — Risk / Return Rank
TDTT
DXJ
TDTT vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) 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.
| TDTT | DXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.56 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 5.17 | 4.94 | +0.24 |
| Martin ratioReturn relative to average drawdown | 16.59 | 19.29 | -2.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TDTT | DXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.54 | 3.11 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 1.39 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.92 | 0.91 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.43 | +0.27 |
Drawdowns
TDTT vs. DXJ - Drawdown Comparison
The maximum TDTT drawdown since its inception was -6.97%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for TDTT and DXJ.
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Drawdown Indicators
| TDTT | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.97% | -49.63% | +42.66% |
Max Drawdown (1Y)Largest decline over 1 year | -0.90% | -10.98% | +10.08% |
Max Drawdown (3Y)Largest decline over 3 years | -1.53% | -22.19% | +20.66% |
Max Drawdown (5Y)Largest decline over 5 years | -6.97% | -22.19% | +15.22% |
Max Drawdown (10Y)Largest decline over 10 years | -6.97% | -39.14% | +32.17% |
Current DrawdownCurrent decline from peak | -0.14% | 0.00% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -1.60% | -14.34% | +12.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.28% | 2.81% | -2.53% |
Volatility
TDTT vs. DXJ - Volatility Comparison
The current volatility for FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) is 0.46%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 3.55%. This indicates that TDTT 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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Volatility by Period
| TDTT | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 3.55% | -3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 1.21% | 13.09% | -11.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.85% | 17.44% | -15.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.67% | 18.96% | -15.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.38% | 20.18% | -16.80% |
TDTT vs. DXJ - Expense Ratio Comparison
TDTT has a 0.18% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Dividends
TDTT vs. DXJ - Dividend Comparison
TDTT's dividend yield for the trailing twelve months is around 4.54%, more than DXJ's 1.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 1.08% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
TDTT FlexShares iBoxx 3-Year Target Duration TIPS Index Fund | 4.54% | 4.52% | 4.01% | 3.88% | 6.97% | 4.53% | 1.15% | 1.91% | 2.48% | 1.88% | 1.01% | 0.00% |
Frequently Asked Questions
TDTT and DXJ have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXJ has higher volatility (3.55%) compared to TDTT (0.46%). In terms of maximum drawdown, TDTT dropped -6.97% vs DXJ's -49.63%.
On 10-year performance, DXJ leads with 18.33% vs 3.11% for TDTT. On fees, TDTT is cheaper at 0.18% per year. On volatility, TDTT has been the lower-risk option at 0.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DXJ has performed better with a 18.33% return vs 3.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TDTT is cheaper with a 0.18% expense ratio, compared with 0.48% for DXJ.
TDTT has the higher dividend yield at 4.54%, compared with 1.08% for DXJ.
TDTT is categorized as Inflation-Protected Bonds, while DXJ is Japan Equities. TDTT tracks iBoxx 3-Year Target Duration TIPS, while DXJ tracks WisdomTree Japan Hedged Equity Index. They also come from different issuers: Northern Trust and WisdomTree. Their fees differ too: 0.18% for TDTT and 0.48% for DXJ.
DXJ currently has the higher Sharpe Ratio (3.11 vs 2.54), 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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