V vs. DXJ

Last updated Jun 13, 2026

V (Visa Inc.) is a stock, while DXJ (WisdomTree Japan Hedged Equity Fund) is Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Over the past 10 years, V returned 15.98%/yr vs 18.72%/yr for DXJ. At a 0.44 correlation, their price movements are largely independent.

Performance

V vs. DXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Visa Inc. (V) and WisdomTree Japan Hedged Equity Fund (DXJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V achieves a -7.69% return, which is significantly lower than DXJ's 18.74% return. Over the past 10 years, V has underperformed DXJ with an annualized return of 15.98%, while DXJ has yielded a comparatively higher 18.72% annualized return.

V

• 1D: 1.05%
• 1M: -0.04%
• YTD: -7.69%
• 6M: -6.93%
• 1Y: -7.91%
• 3Y*: 13.87%
• 5Y*: 7.33%
• 10Y*: 15.98%

DXJ

• 1D: 0.74%
• 1M: -0.37%
• YTD: 18.74%
• 6M: 19.84%
• 1Y: 54.41%
• 3Y*: 30.91%
• 5Y*: 26.01%
• 10Y*: 18.72%

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

V vs. DXJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
V Visa Inc.	-7.69%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%
DXJ WisdomTree Japan Hedged Equity Fund	18.74%	32.78%	29.83%	42.04%	5.96%	17.99%	3.94%	18.94%	-19.78%	22.81%

Correlation

The correlation between V and DXJ is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 19, 2008	0.44

Over the past year, the correlation between V and DXJ has dropped to 0.09 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

Return for Risk

V vs. DXJ — Risk / Return Rank

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

V

V Risk / Return Rank: 15
V Sharpe Ratio Rank: 18
V Sortino Ratio Rank: 17
V Omega Ratio Rank: 18
V Calmar Ratio Rank: 15
V Martin Ratio Rank: 5

DXJ

DXJ Risk / Return Rank: 92
DXJ Sharpe Ratio Rank: 93
DXJ Sortino Ratio Rank: 93
DXJ Omega Ratio Rank: 92
DXJ Calmar Ratio Rank: 90
DXJ Martin Ratio Rank: 91

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.

V vs. DXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Visa Inc. (V) 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.

	V	DXJ	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	3.02	-3.59
Sortino ratio: Return per unit of downside risk	-0.68	4.04	-4.72
Omega ratio: Gain probability vs. loss probability	0.92	1.54	-0.62
Calmar ratio: Return relative to maximum drawdown	-0.73	4.88	-5.61
Martin ratio: Return relative to average drawdown	-1.57	18.93	-20.50

V vs. DXJ - Sharpe Ratio Comparison

The current V Sharpe Ratio is -0.56, which is lower than the DXJ Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of V and DXJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

V vs. DXJ - Drawdown Comparison

The maximum V drawdown since its inception was -51.90%, roughly equal to the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for V and DXJ.

Drawdown Indicators

	V	DXJ	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-49.63%	-2.27%
Max Drawdown (1Y) Largest decline over 1 year	-17.18%	-10.98%	-6.20%
Max Drawdown (3Y) Largest decline over 3 years	-20.38%	-22.19%	+1.81%
Max Drawdown (5Y) Largest decline over 5 years	-28.60%	-22.19%	-6.41%
Max Drawdown (10Y) Largest decline over 10 years	-36.36%	-39.14%	+2.78%
Current Drawdown Current decline from peak	-12.96%	-1.34%	-11.62%
Average Drawdown Average peak-to-trough decline	-8.26%	-14.32%	+6.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.73%	2.83%	+7.90%

Volatility

V vs. DXJ - Volatility Comparison

Visa Inc. (V) has a higher volatility of 5.57% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 4.64%. This indicates that V'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.

Volatility by Period

	V	DXJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	4.64%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	17.57%	13.56%	+4.01%
Volatility (1Y) Calculated over the trailing 1-year period	22.35%	17.73%	+4.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.82%	19.02%	+3.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.45%	20.17%	+4.28%

Dividends

V vs. DXJ - Dividend Comparison

V's dividend yield for the trailing twelve months is around 0.81%, less than DXJ's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DXJ WisdomTree Japan Hedged Equity Fund	1.09%	1.29%	3.48%	3.44%	3.02%	2.64%	2.53%	2.47%	2.92%	2.30%	1.98%	5.95%
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Frequently Asked Questions

Can I hold both V and DXJ in my portfolio?

V and DXJ have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, V or DXJ?

V has higher volatility (5.57%) compared to DXJ (4.64%). In terms of maximum drawdown, V dropped -51.90% vs DXJ's -49.63%.

Which has better risk-adjusted returns?

DXJ currently has the higher Sharpe Ratio (3.02 vs -0.56), 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.