DXJ

WisdomTree Japan Hedged Equity Fund

$139.12
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The WisdomTree Japan Hedged Equity Fund (DXJ) seeks to provide investment results that closely correspond to the price and yield performance of the WisdomTree Japan Hedged Equity Index, which is designed to provide exposure to Japanese equity markets with currency fluctuations between the U.S. dollar and the Japanese yen neutralized.

Overview

ETF tracking WisdomTree Japan Hedged Equity Fund

Category Country
Issuer WisdomTree
Inception Date 2007-10-11
Market Cap $4.2B
Average Volume N/A
Dividend Yield 3.14%
52-Week Range $95.74 - $139.12
VWAP $138.86

Performance

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Investment Summary

📎 Investment Objective

The WisdomTree Japan Hedged Equity Fund (DXJ) seeks to provide investment results that closely correspond to the price and yield performance of the WisdomTree Japan Hedged Equity Index, which is designed to provide exposure to Japanese equity markets with currency fluctuations between the U.S. dollar and the Japanese yen neutralized.

🎯 Investment Strategy

The fund invests in a portfolio of Japanese equity securities and uses currency forward contracts to hedge the currency exposure between the U.S. dollar and the Japanese yen. This strategy aims to provide investors with exposure to the performance of the Japanese equity market without the impact of changes in the exchange rate between the two currencies.

✨ Key Features

  • Provides exposure to Japanese equities with currency risk hedged
  • Tracks the WisdomTree Japan Hedged Equity Index
  • Utilizes currency forward contracts to mitigate the impact of exchange rate fluctuations
  • Suitable for investors seeking Japanese equity exposure with reduced currency risk

⚠️ Primary Risks

  • Market risk: The value of the fund's investments may decline due to general market conditions or other factors
  • Equity risk: The fund is subject to the risks associated with investing in the Japanese equity market
  • Currency risk: While the fund's currency exposure is hedged, there is still some residual currency risk
  • Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the Japanese equity market with reduced currency risk. It may be particularly appealing to investors who want to maintain a diversified global portfolio with a specific allocation to Japan. However, investors should be aware of the risks associated with investing in a single-country fund and the potential for tracking error.