WisdomTree Japan Hedged SmallCap Equity Fund
ALTAR
Score™		 7.2% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 12.7x P/Sales
ratio		 0.5x
P/BV
ratio		 1.0x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Japan Hedged Small Cap Fund is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond to the WisdomTree Japan Hedged SmallCap Equity Index. The Fund invests in dividend paying, small-cap companies incorporated in Japan and listed on the Tokyo Exchange, while neutralizing the risk of the Japanese yen's fluctuations relative to the USD.

FUND BASICS
Category International Equities
Fund Sponsor WisdomTree Investments Inc
Website www.wisdomtree.com
Inception date Jun 28, 2013
Assets (mns) $65
Currency USD
Expense ratio 58 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Dividend
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 726
Wgt avg mkt cap (mns) $1,034
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 15.9%
Small cap (<$2bn) 84.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
HORIBA LTD 1.1 %
DAIDO STEEL CO LTD 0.8 %
TOYO TIRE & RUBBER CO LTD 0.7 %
TOKYO SEIMITSU CO LTD 0.7 %
NIPPON ELECTRIC GLASS CO LTD 0.5 %
AMANO CORP 0.5 %
MORI SEIKI CO LTD 0.5 %
GUNMA BANK LTD/THE 0.5 %
SANGETSU CO LTD 0.5 %
MITSUI MINING & SMELTING CO 0.5 %
Total 6.2 %

TOP COUNTRY EXPOSURE
JAPAN 80.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
13.1% -29.2% -0.5% 4.7% 5.4%

Market Correlations
versus... Beta R-squared
S&P500 0.38 5%
MSCI EAFE 0.56 10%
MSCI Emg. Mkts. 0.55 10%

Technical Indicators
Recent close $33.14
30d moving avg. $29.35
Annualized volatility 31.0%
Short interest (ETF) 6.0%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 15
Turnover 0.8%
Bid/Ask (% of price) 0.45%
ADV underlying (mns) $2,546

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 161 potential alternatives to the WisdomTree Japan Hedged SmallCap Equity Fund ETF based on the alternatives' overlap in portfolio holdings with DXJS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DXJS Expense: 58 bp ALTAR Score™: 7.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DXJS
Ticker Fund
Name		 Overlap1
vs DXJS
(%)		 Expense
ratio
(bp)		 Savings
vs DXJS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DXJS
(%)
DFJ WisdomTree Japan SmallCap Dividend Fund 79.5 58 0 7.5 +0.3
SCJ iShares MSCI Japan Small-Cap ETF 38.5 50 8 6.4 -0.9
DLS WisdomTree International SmallCap Dividend Fund 24.5 58 0 8.8 +1.5
GWX SPDR S&P International Small Cap ETF 23.6 40 18 6.6 -0.7
FNDC Schwab Fundamental International Small Co. Index ETF 20.0 39 19 6.9 -0.4
DISV Dimensional International Small Cap Value ETF 18.6 42 16 9.2 +2.0
AVDV Avantis International Small Cap Value ETF 18.3 36 22 8.0 +0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 18.3 49 9 6.7 -0.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 16.9 80 -22 11.0 +3.8
DFIS Dimensional International Small Cap ETF 16.5 39 19 6.7 -0.5
SCZ iShares MSCI EAFE Small-Cap ETF 13.7 40 18 0.0 -7.2
ISCF iShares International SmallCap Equity Factor ETF 12.4 23 35 8.8 +1.5
SCHC Schwab International Small-Cap Equity ETF 11.2 11 47 6.4 -0.8
DXJ WisdomTree Japan Hedged Equity Fund 8.3 48 10 7.7 +0.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 8.2 7 51 6.5 -0.7
IMFL Invesco International Developed Dynamic Multifactor ETF 7.5 34 24 10.6 +3.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 7.2 39 19 7.3 +0.1
DFIC Dimensional International Core Equity 2 ETF 5.6 23 35 7.4 +0.2
IPAC iShares Core MSCI Pacific ETF 5.4 9 49 6.7 -0.6
VPL Vanguard FTSE Pacific ETF 5.1 8 50 6.9 -0.3
DFSI Dimensional International Sustainability Core 1 ETF 4.3 24 34 6.2 -1.0
AVDE Avantis International Equity ETF 3.7 23 35 7.9 +0.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.7 30 28 7.8 +0.5
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 3.6 68 -10 8.8 +1.6
JPXN iShares JPX-Nikkei 400 ETF 3.4 48 10 7.5 +0.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 3.3 39 19 7.6 +0.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.2 24 34 8.6 +1.3
FLJP Franklin FTSE Japan ETF 3.2 9 49 7.1 -0.1
FLJH Franklin FTSE Japan Hedged ETF 2.9 9 49 6.9 -0.3
DFAI Dimensional International Core Equity Market ETF 2.9 18 40 6.9 -0.4
CGV Conductor Global Equity Value ETF 2.2 130 -72 11.3 +4.1
DWM WisdomTree International Equity Fund 2.1 48 10 7.8 +0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.0 40 18 7.8 +0.6
IEFA iShares Core MSCI EAFE ETF 1.9 7 51 2.7 -4.5
IDEV iShares Core MSCI International Developed Markets ETF 1.8 4 54 6.7 -0.5
VEA Vanguard FTSE Developed Markets ETF 1.8 5 53 7.0 -0.3
FYLD Cambria Foreign Shareholder Yield ETF 1.7 59 -1 12.0 +4.7
IXUS iShares Core MSCI Total International Stock ETF 1.5 7 51 6.9 -0.3
LVHI Franklin International Low Volatility High Dividend Index ET 1.5 40 18 10.2 +2.9
IPKW Invesco International BuyBack Achievers ETF 1.4 55 3 9.1 +1.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.4 58 0 5.5 -1.7
IMOM Alpha Architect International Quantitative Momentum ETF 1.4 49 9 7.3 +0.1
IQDG WisdomTree International Quality Dividend Growth Fund 1.3 42 16 5.8 -1.4
VXUS Vanguard Total International Stock ETF 1.3 7 51 7.1 -0.1
VSGX Vanguard ESG International Stock ETF 1.3 12 46 6.8 -0.4
JPIN J.P. Morgan Diversified Return International Equity ETF 1.2 37 21 8.7 +1.5
WDIV SPDR S&P Global Dividend ETF 1.2 40 18 10.2 +3.0
FID First Trust S&P International Dividend Aristocrats ETF 1.2 60 -2 9.8 +2.6
DTH WisdomTree International High Dividend Fund 1.1 58 0 10.1 +2.9
SPDW SPDR Portfolio Developed World ex-US ETF 1.1 3 55 6.9 -0.3
VIGI Vanguard International Dividend Appreciation ETF 1.1 15 43 5.6 -1.7
GSFP Goldman Sachs Future Planet Equity ETF 1.1 75 -17 4.5 -2.7
PICK iShares MSCI Global Metals & Mining Producers ETF 1.0 39 19 11.0 +3.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.0 45 13 4.9 -2.4
SMOG VanEck Low Carbon Energy ETF 1.0 61 -3 3.0 -4.2
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -31 4.8 -2.5
INTF iShares International Equity Factor ETF 0.9 15 43 7.8 +0.6
IGRO iShares International Dividend Growth ETF 0.9 15 43 7.1 -0.2
DVYA iShares Asia/Pacific Dividend ETF 0.8 49 9 9.1 +1.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.8 25 33 9.1 +1.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 11 5.2 -2.0
SCHF Schwab International Equity ETF 0.7 6 52 7.0 -0.2
WPS iShares International Developed Property ETF 0.7 48 10 7.2 -0.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.7 75 -17 3.2 -4.1
ROBO ROBO Global Robotics & Automation Index ETF 0.6 95 -37 2.8 -4.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 48 8.2 +0.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.6 12 46 8.7 +1.5
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 19 9.2 +2.0
DWX SPDR S&P International Dividend ETF 0.5 45 13 7.1 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 8 50 7.2 -0.1
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 33 5.8 -1.4
TINY ProShares Nanotechnology ETF 0.5 58 0 1.9 -5.4
IBOT Vaneck Robotics ETF 0.5 47 11 3.7 -3.5
CUT Invesco MSCI Global Timber ETF 0.5 61 -3 8.6 +1.3
MOO VanEck Agribusiness ETF 0.5 53 5 9.4 +2.1
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.5 85 -27 8.1 +0.8
HART IQ Healthy Hearts ETF 0.5 45 13 5.3 -1.9
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -17 6.6 -0.6
RODE Hartford Multifactor Diversified International ETF 0.5 29 29 11.5 +4.3
VT Vanguard Total World Stock ETF 0.5 7 51 5.8 -1.4
SHPP Pacer Industrials and Logistics ETF 0.4 60 -2 8.9 +1.6
DFIV Dimensional International Value ETF 0.4 27 31 9.8 +2.6
DIHP Dimensional International High Profitability ETF 0.4 29 29 6.9 -0.3
BJK VanEck Gaming ETF 0.4 65 -7 1.8 -5.4
GQRE FlexShares Global Quality Real Estate Index Fund 0.4 45 13 6.9 -0.4
VYMI Vanguard International High Dividend Yield ETF 0.4 22 36 9.7 +2.5
IWTR iShares MSCI Water Management Multisector ETF 0.4 47 11 4.8 -2.4
GINN Goldman Sachs Innovate Equity ETF 0.3 52 6 2.7 -4.5
SOCL Global X Social Media ETF 0.3 65 -7 -5.8 -13.0
DMAT Global X Disruptive Materials ETF 0.3 59 -1 9.9 +2.7
PIO Invesco Global Water ETF 0.3 75 -17 4.9 -2.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -22 10.8 +3.5
GMET VanEck Green Metals ETF 0.3 63 -5 9.8 +2.6
COPX Global X Copper Miners ETF 0.3 65 -7 6.9 -0.3
EBLU Ecofin Global Water ESG Fund 0.3 40 18 3.9 -3.3
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -12 9.1 +1.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 -7 1.6 -5.6
UFO Procure Space ETF 0.3 75 -17 -4.0 -11.2
XT iShares Exponential Technologies ETF 0.3 46 12 3.9 -3.4
KCAL Subversive Food Security ETF 0.3 75 -17 0.0 -7.2
AQWA Global X Clean Water ETF 0.3 50 8 4.3 -3.0
PBD Invesco Global Clean Energy ETF 0.3 75 -17 -3.9 -11.1
CRUZ Defiance Hotel Airline and Cruise ETF 0.3 45 13 -4.9 -12.2
EV Mast Global Battery Recycling & Production ETF 0.3 65 -7 12.8 +5.5
SLVP iShares MSCI Global Silver Miners ETF 0.2 39 19 3.8 -3.4
FDHT Fidelity Digital Health ETF 0.2 39 19 -2.4 -9.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 16 6.8 -0.4
WOOD iShares Global Timber & Forestry ETF 0.2 42 16 9.6 +2.4
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -2 4.0 -3.2
SEA U.S. Global Sea to Sky Cargo ETF 0.2 60 -2 24.1 +16.8
BULD Pacer BlueStar Engineering the Future ETF 0.2 60 -2 1.2 -6.1
SXUS Janus Henderson International Sustainable Equity ETF 0.2 60 -2 4.6 -2.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 13 8.5 +1.2
BOAT SonicShares Global Shipping ETF 0.2 69 -11 29.1 +21.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.2 61 -3 14.8 +7.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 12 5.6 -1.7
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 29 5.8 -1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 49 5.7 -1.5
IFGL iShares International Developed Real Estate ETF 0.1 48 10 7.0 -0.3
LUXX Roundhill S&P Global Luxury ETF 0.1 45 13 2.7 -4.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 0 4.6 -2.7
GNOM Global X Genomics & Biotechnology ETF 0.1 50 8 -5.4 -12.7
WDNA WisdomTree BioRevolution Fund 0.1 45 13 -4.5 -11.8
GLOF iShares Global Equity Factor ETF 0.1 20 38 7.1 -0.2
AVIV Avantis International Large Cap Value ETF 0.1 25 33 8.9 +1.6
CGW Invesco S&P Global Water Index ETF 0.1 57 1 3.8 -3.5
AHOY Newday Ocean Health ETF 0.1 75 -17 5.6 -1.6
GLIF AGF Global Infrastructure ETF 0.1 45 13 5.5 -1.8
AGNG Global X Aging Population ETF 0.1 50 8 4.1 -3.1
IBUY Amplify Online Retail ETF 0.1 65 -7 1.8 -5.5
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 -10 3.3 -3.9
IDRV iShares Self-driving EV & Tech ETF 0.1 47 11 -0.5 -7.8
BATT Amplify Lithium & Battery Technology ETF 0.1 59 -1 2.9 -4.3
BETZ Roundhill Sports Betting & iGaming ETF 0.1 75 -17 1.9 -5.4
BOTZ Global X Robotics & Artificial Intelligence ETF 0.1 69 -11 2.3 -4.9
IQIN IQ 500 International ETF 0.1 25 33 8.8 +1.6
FRNW Fidelity Clean Energy ETF 0.1 39 19 3.7 -3.5
RAYS Global X Solar ETF 0.1 51 7 4.7 -2.6
RNRG Global X Renewable Energy Producers ETF 0.1 66 -8 4.9 -2.3
BTEK Future Tech ETF 0.1 88 -30 2.1 -5.2
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 -4 3.7 -3.6
MOTG VanEck Morningstar Global Wide Moat ETF 0.1 52 6 5.8 -1.5
TAN Invesco Solar ETF 0.1 67 -9 6.2 -1.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.1 47 11 0.7 -6.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 11 5.9 -1.3
AIQ Global X Artificial Intelligence & Technology ETF 0.1 68 -10 4.2 -3.1
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -2 3.8 -3.5
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 28 7.3 +0.0
IVES Wedbush ETFMG Global Cloud Technology ETF 0.1 68 -10 1.4 -5.8
MRAD SmartETFs Advertising & Marketing Technology ETF 0.1 68 -10 4.2 -3.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 38 6.8 -0.4
WCBR WisdomTree Cybersecurity Fund 0.0 45 13 1.9 -5.4
BUG Global X Cybersecurity ETF 0.0 51 7 2.4 -4.8
IHAK iShares Cybersecurity & Tech ETF 0.0 47 11 3.2 -4.1
SPAM Themes Cybersecurity ETF 0.0 35 23 2.0 -5.3
IWFH iShares Virtual Work and Life Multisector ETF 0.0 47 11 -3.5 -10.7
PAWZ ProShares Pet Care ETF 0.0 50 8 4.0 -3.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.0 75 -17 5.2 -2.0
BKIE BNY Mellon International Equity ETF 0.0 4 54 6.9 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 38 6.7 -0.6
IQSI IQ Candriam International Equity ETF 0.0 15 43 6.4 -0.8

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 WisdomTree Japan Hedged SmallCap Equity Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.4 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 CATEGORY
AVERAGE		 1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.