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Trending ETFs

Name

As of 05/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.58

$58.4 M

2.98%

$1.00

0.58%

Vitals

YTD Return

14.8%

1 yr return

36.2%

3 Yr Avg Return

19.6%

5 Yr Avg Return

15.9%

Net Assets

$58.4 M

Holdings in Top 10

12.5%

52 WEEK LOW AND HIGH

$34.0
$26.96
$55.27

Expenses

OPERATING FEES

Expense Ratio 0.58%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 41.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.58

$58.4 M

2.98%

$1.00

0.58%

DXJS - Profile

Distributions

  • YTD Total Return 14.8%
  • 3 Yr Annualized Total Return 19.6%
  • 5 Yr Annualized Total Return 15.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.26%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    WisdomTree Japan Hedged SmallCap Equity Fund
  • Fund Family Name
    WisdomTree Trust
  • Inception Date
    Jun 28, 2013
  • Shares Outstanding
    600000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Marlene Walker-Smith

Fund Description

The Fund employs a “passive management” – or indexing – investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least 80% of the Fund’s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities.

The Index is a dividend weighted index designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the value of the Japanese yen relative to the U.S. dollar. The Index consists of dividend-paying small capitalization companies incorporated in Japan and traded on the Tokyo Stock Exchange. As of June 30, 2023, the Index had a market capitalization range from $83.6 million to $3.6 billion, with an average market capitalization of $847.3 million. To be eligible for inclusion in the Index, a company must meet the following criteria as of the annual Index screening date: (i) incorporated in Japan and traded on the Tokyo Stock Exchange; (ii) payment of at least $5 million in cash dividends on common shares during the preceding annual cycle; (iii) market capitalization of at least $100 million; (iv) median daily dollar trading volume of at least $100,000 for the preceding three months; and (v) trading of at least 250,000 shares per month for each of the preceding six months. The 300 largest companies by market capitalization are then removed from the list of eligible companies, as of the annual Index screening date.

Securities are weighted in the Index based on dividends paid over the prior annual cycle. Companies that pay a greater total dollar amount of dividends are more heavily weighted. To derive a company’s initial Index weight, (i) multiply the U.S. dollar value of the company’s annual gross dividend per share by the number of common shares outstanding for that company (the “Cash Dividend Factor”); (ii) calculate the Cash Dividend Factor for each company; (iii) add together all of the companies’ Cash Dividend Factors; and (iv) divide the company’s Cash Dividend Factor by the sum of all Cash Dividend Factors. On the Index’s annual screening date, the maximum weight of any single security in the Index is capped at 2%, and the Index caps the weight of components exposed to a single sector (except for the real estate sector) at 25%. The weight of components exposed to the real estate sector is capped at 15%. The Index also may adjust the weight of individual components on the annual screening date based on certain quantitative thresholds or limits tied to key metrics of a component security, such as its trading volume. To the extent the Index reduces an individual component’s weight, the excess weight will be reallocated pro rata among the other components. Similarly, if the Index increases a component’s weight, the weight of the other components will be reduced on a pro rata basis to contribute the weight needed for such increase. The weight of a sector or individual component in the Index may fluctuate above or below specified caps and thresholds, respectively, between screening dates in response to market conditions.

WisdomTree, Inc. (“WisdomTree”), as Index provider, currently uses the Global Industry Classification Standard (GICS®), a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poor’s Financial Services LLC, to define companies within a sector. The following sectors are included in the Index: communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. A sector is comprised of multiple industries. For example, the energy sector is comprised of companies in the energy equipment and services industry as well as the oil, gas and consumable fuels industry. As of June 30, 2023, companies in the industrials, consumer discretionary and materials sectors comprised a significant portion (i.e., in excess of 15% of the Index’s total weighting) of the Index; however, the Index's sector exposure may change from time to time.

To the extent the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent as the Index.

The Index “hedges” against fluctuations in the relative value of the Japanese yen against the U.S. dollar. The Index is designed to have higher returns than an equivalent unhedged investment when the yen is weakening relative to the U.S. dollar. Conversely, the Index is designed to have lower returns than an equivalent unhedged investment when the yen is rising relative to the U.S. dollar. The Index applies an applicable published one-month currency forward rate to the total equity exposure to Japan to hedge against fluctuations in the relative value of the Japanese yen against the U.S. dollar.

Forward currency contracts or futures contracts are used to offset the Fund’s exposure to the Japanese yen. The amount of forward contracts and futures contracts in the Fund is based on the aggregate exposure of the Fund and Index to the Japanese yen. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the yen. The return of the forward currency contracts and currency futures contracts may not perfectly offset the actual fluctuations between the yen and the U.S. dollar.

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DXJS - Performance

Return Ranking - Trailing

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
YTD 14.8% -1.0% 25.2% 13.16%
1 Yr 36.2% 0.4% 47.2% 7.89%
3 Yr 19.6%* -11.0% 26.0% 5.71%
5 Yr 15.9%* -2.2% 21.4% 15.15%
10 Yr 12.7%* 1.9% 13.2% 8.33%

* Annualized

Return Ranking - Calendar

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
2023 34.8% 0.0% 36.8% 5.26%
2022 2.2% -34.0% 2.8% 5.41%
2021 8.4% -15.7% 14.9% 14.71%
2020 -6.2% -6.2% 31.2% 100.00%
2019 15.6% 4.7% 24.4% 81.25%

Total Return Ranking - Trailing

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
YTD 14.8% -1.0% 25.2% 13.16%
1 Yr 36.2% 0.4% 47.2% 7.89%
3 Yr 19.6%* -11.0% 26.0% 5.71%
5 Yr 15.9%* -2.2% 21.4% 15.15%
10 Yr 12.7%* 1.9% 13.2% 8.33%

* Annualized

Total Return Ranking - Calendar

Period DXJS Return Category Return Low Category Return High Rank in Category (%)
2023 38.9% 2.0% 42.0% 5.26%
2022 5.0% -32.8% 5.9% 5.41%
2021 11.6% -15.1% 18.0% 14.71%
2020 -3.2% -3.2% 34.7% 100.00%
2019 18.3% 7.7% 26.7% 84.38%

DXJS - Holdings

Concentration Analysis

DXJS Category Low Category High DXJS % Rank
Net Assets 58.4 M 6.23 M 16.7 B 89.47%
Number of Holdings 740 28 1791 7.89%
Net Assets in Top 10 6.71 M 2.15 M 4.4 B 92.11%
Weighting of Top 10 12.47% 3.5% 100.0% 92.11%

Top 10 Holdings

  1. State Street Navigator Securities Lending Government Money Market Portfolio 6.79%
  2. Horiba Ltd 0.93%
  3. Daido Steel Co Ltd 0.79%
  4. Toyo Tire Corp 0.77%
  5. Tokyo Seimitsu Co Ltd 0.59%
  6. Amano Corp 0.56%
  7. Nippon Electric Glass Co Ltd 0.52%
  8. Mitsui Mining Smelting Co Ltd 0.52%
  9. Sangetsu Corp 0.50%
  10. Gunma Bank Ltd/The 0.49%

Asset Allocation

Weighting Return Low Return High DXJS % Rank
Stocks
103.90% 93.56% 104.16% 7.89%
Cash
6.79% 0.02% 8.41% 5.26%
Preferred Stocks
0.00% 0.00% 1.22% 97.37%
Convertible Bonds
0.00% 0.00% 0.00% 97.37%
Bonds
0.00% 0.00% 0.08% 97.37%
Other
-5.55% -5.55% 2.88% 100.00%

DXJS - Expenses

Operational Fees

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.09% 3.46% 68.42%
Management Fee 0.58% 0.09% 0.90% 42.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.15% 0.20% N/A

Sales Fees

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DXJS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 2.95% 70.30% 90.91%

DXJS - Distributions

Dividend Yield Analysis

DXJS Category Low Category High DXJS % Rank
Dividend Yield 2.98% 0.00% 21.26% 55.26%

Dividend Distribution Analysis

DXJS Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

DXJS Category Low Category High DXJS % Rank
Net Income Ratio 2.26% -0.63% 2.45% 13.16%

Capital Gain Distribution Analysis

DXJS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

DXJS - Fund Manager Analysis

Managers

Marlene Walker-Smith


Start Date

Tenure

Tenure Rank

Oct 26, 2020

1.59

1.6%

Marlene is head of equity index portfolio management. She leads the team of equity index portfolio managers managing US and non-US equity index portfolios and is responsible for the refinement and implementation of the entire equity index portfolio management process. Previously, Marlene served as a senior portfolio manager within the equity index team and prior to joining the equity index team was an equity trader for the firm. Prior to joining the firm in 1995, Marlene was a trader for Banc One Investment Advisors Corporation and a brokerage services manager for Mid Atlantic Capital Corporation. Marlene has been in the investment industry since 1990. Marlene earned an MBA in finance from the University of Pittsburgh and a BA in history and Russian from Washington & Jefferson College.

Michael Stoll


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Mr. Stoll is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2005.

David France


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Mr. France is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2009.

Todd Frysinger


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Mr. Frysinger is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2007.

Vlasta Sheremeta


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Ms. Sheremeta is a vice president and senior portfolio manager at Mellon. She has been employed by Mellon or a predecessor company since 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 24.43 7.11 8.25