WisdomTree Japan Hedged Equity Fund
DXJ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 250 West 34th Street, 3rd Floor New York NY United States of America 10119
- IPO Date
- Jun 16, 2006
- CIK
- 0001350487
- Website
- wisdomtree.com
- Similar Companies
- Business
- WisdomTree Japan Hedged Equity Fund (DXJ) is an exchange-traded fund that seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. The fund provides broad exposure to Japanese dividend-paying companies with an exporter tilt, focusing on firms generating less than 80% of revenue from domestic sources and traded on the Tokyo Stock Exchange; it employs monthly forward contracts to hedge yen fluctuations against the U.S. dollar, mitigating currency risk while targeting equity returns from large-, mid-, and small-cap stocks across sectors such as industrials, consumer discretionary, materials, and technology. With approximately 436 holdings, a gross expense ratio of 0.48%, and assets under management exceeding $3.5 billion as of mid-2025, DXJ emphasizes dividend weighting adjusted for liquidity and caps individual security weights at 5% and sectors at 25% during annual rebalances. Launched on June 16, 2006, and sponsored by WisdomTree, Inc., headquartered in New York, the fund originally tracked a broader dividend-weighted Japanese index before incorporating currency hedging in 2010 and shifting to an exporter focus in 2012. DXJ primarily serves institutional and retail investors seeking Japanese equity exposure without yen volatility, operating exclusively within Japan's equity markets. In recent developments, WisdomTree, the fund's issuer, completed the acquisition of Ceres Partners, a U.S. farmland investment manager, in October 2025 for up to $500 million, marking its entry into private asset markets and expanding beyond ETFs into real assets like farmland, solar leasing, and water rights; this followed the July 2025 announcement and aims to leverage Ceres' $1.8 billion platform for diversified, income-generating opportunities. Additionally, WisdomTree's Japan Dividend Indexes, including those underlying DXJ, underwent a 2025 rebalance to enhance dividend focus, improve valuations, and align with structural shifts in Japanese markets amid yen weakness. These moves reflect WisdomTree's broader strategy to blend public ETPs with private markets innovation, boosting its global assets under management to approximately $136 billion.