ZPDJ.DE vs. DXJ
Compare and contrast key facts about SPDR MSCI Japan UCITS ETF (ZPDJ.DE) and WisdomTree Japan Hedged Equity Fund (DXJ).
ZPDJ.DE and DXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZPDJ.DE is a passively managed fund by State Street Global Advisors Europe Limited that tracks the performance of the MSCI Japan. It was launched on Nov 30, 2015. 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 ZPDJ.DE 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZPDJ.DE or DXJ.
Key characteristics
| ZPDJ.DE | DXJ | |
|---|---|---|
| YTD Return | 8.19% | 16.00% |
| 1Y Return | 7.45% | 13.13% |
| 3Y Return (Ann) | 1.93% | 19.79% |
| 5Y Return (Ann) | 5.68% | 18.34% |
| Sharpe Ratio | 0.56 | 0.72 |
| Daily Std Dev | 16.86% | 20.34% |
| Max Drawdown | -28.06% | -49.63% |
| Current Drawdown | -5.40% | -13.80% |
Correlation
The correlation between ZPDJ.DE and DXJ is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ZPDJ.DE vs. DXJ - Performance Comparison
In the year-to-date period, ZPDJ.DE achieves a 8.19% return, which is significantly lower than DXJ's 16.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ZPDJ.DE vs. DXJ - Expense Ratio Comparison
ZPDJ.DE has a 0.12% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Risk-Adjusted Performance
ZPDJ.DE vs. DXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Japan UCITS ETF (ZPDJ.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.
Dividends
ZPDJ.DE vs. DXJ - Dividend Comparison
ZPDJ.DE has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 2.41%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZPDJ.DE SPDR MSCI Japan UCITS ETF | 0.00% | 0.00% | 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 | 2.41% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
Drawdowns
ZPDJ.DE vs. DXJ - Drawdown Comparison
The maximum ZPDJ.DE drawdown since its inception was -28.06%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for ZPDJ.DE and DXJ. For additional features, visit the drawdowns tool.
Volatility
ZPDJ.DE vs. DXJ - Volatility Comparison
The current volatility for SPDR MSCI Japan UCITS ETF (ZPDJ.DE) is 5.50%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 6.67%. This indicates that ZPDJ.DE 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.