WDAF vs. DXJ
Compare and contrast key facts about WisdomTree Asia Defense Fund (WDAF) and WisdomTree Japan Hedged Equity Fund (DXJ).
WDAF and DXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WDAF is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Asia Defense Index. It was launched on Sep 10, 2025. 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 WDAF 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.
Performance
WDAF vs. DXJ - Performance Comparison
Loading graphics...
WDAF vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDAF WisdomTree Asia Defense Fund | 17.89% | -7.62% |
DXJ WisdomTree Japan Hedged Equity Fund | 12.49% | 12.47% |
Returns By Period
In the year-to-date period, WDAF achieves a 17.89% return, which is significantly higher than DXJ's 12.49% return.
WDAF
- 1D
- 5.94%
- 1M
- -5.88%
- YTD
- 17.89%
- 6M
- 5.77%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DXJ
- 1D
- 2.26%
- 1M
- -2.82%
- YTD
- 12.49%
- 6M
- 28.11%
- 1Y
- 50.78%
- 3Y*
- 35.37%
- 5Y*
- 24.88%
- 10Y*
- 17.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WDAF vs. DXJ - Expense Ratio Comparison
WDAF has a 0.45% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Return for Risk
WDAF vs. DXJ — Risk / Return Rank
WDAF
DXJ
WDAF vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading graphics...
Sharpe Ratios by Period
| WDAF | DXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.24 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.32 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.41 | +0.14 |
Correlation
The correlation between WDAF and DXJ is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
WDAF vs. DXJ - Dividend Comparison
WDAF's dividend yield for the trailing twelve months is around 0.11%, less than DXJ's 1.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WDAF WisdomTree Asia Defense Fund | 0.11% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DXJ WisdomTree Japan Hedged Equity Fund | 1.15% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
Drawdowns
WDAF vs. DXJ - Drawdown Comparison
The maximum WDAF drawdown since its inception was -18.21%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for WDAF and DXJ.
Loading graphics...
Drawdown Indicators
| WDAF | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.21% | -49.63% | +31.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.65% | — |
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 | -10.68% | -4.69% | -5.99% |
Average DrawdownAverage peak-to-trough decline | -5.98% | -14.44% | +8.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.25% | — |
Volatility
WDAF vs. DXJ - Volatility Comparison
Loading graphics...
Volatility by Period
| WDAF | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 30.83% | 22.85% | +7.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.83% | 18.93% | +11.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.83% | 20.51% | +10.32% |