WGLD.DE vs. DXJ
WGLD.DE (WisdomTree Core Physical Gold) and DXJ (WisdomTree Japan Hedged Equity Fund) are both exchange-traded funds - WGLD.DE is a Precious Metals fund tracking the Gold, while DXJ is a Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Both are passively managed. Over the past 5 years, WGLD.DE returned 19.71%/yr vs 27.45%/yr for DXJ. At a correlation of -0.02, they often move in opposite directions. WGLD.DE charges 0.12%/yr vs 0.48%/yr for DXJ.
Performance
WGLD.DE vs. DXJ - Performance Comparison
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Different Trading Currencies
WGLD.DE is traded in EUR, while DXJ is traded in USD. To make them comparable, the DXJ values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WGLD.DE achieves a 2.75% return, which is significantly lower than DXJ's 21.72% return.
WGLD.DE
- 1D
- 0.59%
- 1M
- -1.57%
- YTD
- 2.75%
- 6M
- 6.40%
- 1Y
- 30.17%
- 3Y*
- 28.03%
- 5Y*
- 19.71%
- 10Y*
- —
DXJ
- 1D
- 0.45%
- 1M
- 7.15%
- YTD
- 21.72%
- 6M
- 24.13%
- 1Y
- 53.68%
- 3Y*
- 30.06%
- 5Y*
- 27.45%
- 10Y*
- 17.94%
WGLD.DE vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WGLD.DE WisdomTree Core Physical Gold | 2.75% | 49.08% | 34.17% | 9.39% | 7.07% | 9.65% |
DXJ WisdomTree Japan Hedged Equity Fund | 21.72% | 17.02% | 38.40% | 37.78% | 12.53% | 10.45% |
Correlation
The correlation between WGLD.DE and DXJ is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2021 | -0.02 |
The correlation between WGLD.DE and DXJ shifts across timeframes, from -0.02 (5 years) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WGLD.DE vs. DXJ — Risk / Return Rank
WGLD.DE
DXJ
WGLD.DE vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Physical Gold (WGLD.DE) 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.
| WGLD.DE | DXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.54 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 5.91 | -4.10 |
| Martin ratioReturn relative to average drawdown | 4.60 | 22.32 | -17.72 |
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
| WGLD.DE | DXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 3.01 | -1.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | 1.38 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.83 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.27 | 0.46 | +0.81 |
Drawdowns
WGLD.DE vs. DXJ - Drawdown Comparison
The maximum WGLD.DE drawdown since its inception was -16.58%, smaller than the maximum DXJ drawdown of -40.69%. Use the drawdown chart below to compare losses from any high point for WGLD.DE and DXJ.
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Drawdown Indicators
| WGLD.DE | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.58% | -40.69% | +24.11% |
Max Drawdown (1Y)Largest decline over 1 year | -16.58% | -9.13% | -7.45% |
Max Drawdown (3Y)Largest decline over 3 years | -16.58% | -23.06% | +6.48% |
Max Drawdown (5Y)Largest decline over 5 years | -16.58% | -23.06% | +6.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.89% | — |
Current DrawdownCurrent decline from peak | -14.99% | 0.00% | -14.99% |
Average DrawdownAverage peak-to-trough decline | -4.27% | -13.23% | +8.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 2.41% | +4.13% |
Volatility
WGLD.DE vs. DXJ - Volatility Comparison
WisdomTree Core Physical Gold (WGLD.DE) has a higher volatility of 5.05% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 3.12%. This indicates that WGLD.DE'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
| WGLD.DE | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 3.12% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 12.97% | +7.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.13% | 17.98% | +5.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 20.03% | -3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.88% | 21.60% | -5.72% |
WGLD.DE vs. DXJ - Expense Ratio Comparison
WGLD.DE has a 0.12% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Dividends
WGLD.DE vs. DXJ - Dividend Comparison
WGLD.DE has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 1.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 1.07% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
WGLD.DE WisdomTree Core Physical Gold | 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
WGLD.DE and DXJ have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WGLD.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WGLD.DE is cheaper with a 0.12% expense ratio, compared with 0.48% for DXJ.
WGLD.DE is categorized as Precious Metals, while DXJ is Japan Equities. WGLD.DE tracks Gold, while DXJ tracks WisdomTree Japan Hedged Equity Index. Their fees differ too: 0.12% for WGLD.DE and 0.48% for DXJ.
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