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DXJ NYSE
WisdomTree Japan Hedged Equity · by WisdomTree
WisdomTree Japan Hedged Equity Fund provides Japanese equity exposure while hedging out yen currency risk, allowing US investors to capture Japanese stock returns without currency drag.
What is DXJ?
WisdomTree Japan Hedged Equity Fund (DXJ) provides exposure to Japanese equities while hedging out the yen/USD currency risk. This means returns more closely track the local Japanese stock market performance rather than being diluted by currency movements.
Currency-Hedged vs Unhedged
When the yen weakens against the dollar (which it has significantly in recent years), unhedged Japan ETFs like EWJ underperform local market returns. DXJ eliminates this drag, making it particularly attractive during periods of yen depreciation.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Toyota Motor | TM | Consumer Discretionary | 5.50% | $192.00 0.08% |
| 2 | Mitsubishi UFJ | MUFG | Financials | 4.20% | $22.44 0.00% |
| 3 | Itochu Corporation | ITOCY | Industrials | 3.80% | $13.15 -1.35% |
| 4 | Mitsubishi Corp | MSBHF | Industrials | 3.50% | $28.60 -4.03% |
| 5 | Honda Motor | HMC | Consumer Discretionary | 3.20% | $31.33 -0.25% |
| 6 | Japan Tobacco | JAPAY | Consumer Staples | 2.80% | $21.92 0.69% |
| 7 | KDDI Corp | KDDIY | Communication Services | 2.50% | $18.04 -0.50% |
| 8 | Sumitomo Mitsui | SMFG | Financials | 2.20% | $25.43 0.04% |
| 9 | Canon Inc | CAJ | Technology | 2.00% | — |
| 10 | Bridgestone | BRDCY | Consumer Discretionary | 1.80% | $12.94 0.62% |
Frequently asked questions
Why choose DXJ over EWJ?
DXJ hedges out yen/USD currency risk. When the yen is weakening, DXJ outperforms EWJ. When the yen strengthens, EWJ outperforms DXJ.
Is DXJ good for 2026?
With the Bank of Japan gradually normalizing monetary policy, yen direction is uncertain. DXJ is best when you are bullish on Japanese stocks but bearish on the yen.
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DXJ discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of DXJ in 2026?
DXJ price prediction 2026: what actually drives it?
Does DXJ pay a dividend, and how reliable is the yield?
Is DXJ a good long-term hold, or too concentrated?
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