WisdomTree Japan Hedged SmallCap Equity Fund
ALTAR
Score™		 7.8% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 12.0x P/Sales
ratio		 0.5x
P/BV
ratio		 0.9x Div.
yield		 3.2%


  • 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) $76
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 724
Wgt avg mkt cap (mns) $988
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 0.8 %
TOYO TIRE & RUBBER CO LTD 0.7 %
DAIDO STEEL CO LTD 0.6 %
TOKYO SEIMITSU CO LTD 0.6 %
GUNMA BANK LTD/THE 0.6 %
AMANO CORP 0.6 %
MORI SEIKI CO LTD 0.5 %
NIPPON ELECTRIC GLASS CO LTD 0.5 %
MITSUI MINING & SMELTING CO 0.5 %
TAIHEIYO CEMENT CORP 0.5 %
Total 5.9 %

TOP COUNTRY EXPOSURE
JAPAN 82.2 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
14.8% 19.3% -1.3% 3.6% 5.3%

Market Correlations
versus... Beta R-squared
S&P500 0.44 6%
MSCI EAFE 0.53 9%
MSCI Emg. Mkts. 0.59 11%

Technical Indicators
Recent close $34.34
30d moving avg. $33.94
Annualized volatility 31.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.5%
Bid/Ask (% of price) 0.45%
ADV underlying (mns) $4,663

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™: 7.8%


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 80.8 58 0 7.9 +0.1
SCJ iShares MSCI Japan Small-Cap ETF 34.7 50 8 7.0 -0.9
DLS WisdomTree International SmallCap Dividend Fund 23.5 58 0 8.8 +1.0
GWX SPDR S&P International Small Cap ETF 22.7 40 18 6.5 -1.3
FNDC Schwab Fundamental International Small Co. Index ETF 19.7 39 19 7.2 -0.6
AVDV Avantis International Small Cap Value ETF 18.5 36 22 8.1 +0.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 17.9 49 9 7.0 -0.8
DISV Dimensional International Small Cap Value ETF 16.2 42 16 9.1 +1.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 14.8 80 -22 10.8 +3.0
DFIS Dimensional International Small Cap ETF 14.4 39 19 6.9 -0.9
SCZ iShares MSCI EAFE Small-Cap ETF 12.6 40 18 6.6 -1.2
ISCF iShares International SmallCap Equity Factor ETF 11.4 23 35 9.1 +1.3
SCHC Schwab International Small-Cap Equity ETF 10.2 11 47 6.6 -1.2
DXJ WisdomTree Japan Hedged Equity Fund 8.3 48 10 8.5 +0.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 7.6 7 51 6.7 -1.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 7.3 39 19 7.4 -0.4
DFIC Dimensional International Core Equity 2 ETF 5.2 23 35 7.7 -0.1
IPAC iShares Core MSCI Pacific ETF 4.9 9 49 7.2 -0.6
VPL Vanguard FTSE Pacific ETF 4.7 8 50 7.7 -0.1
DFSI Dimensional International Sustainability Core 1 ETF 3.9 24 34 6.5 -1.3
AVSD Avantis Responsible International Equity ETF 3.5 23 35 7.1 -0.7
JPXN iShares JPX-Nikkei 400 ETF 3.4 48 10 8.7 +0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.4 30 28 8.0 +0.2
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 3.3 68 -10 8.2 +0.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.3 24 34 8.7 +0.8
FLJP Franklin FTSE Japan ETF 3.2 9 49 7.8 0.0
AVDE Avantis International Equity ETF 3.2 23 35 8.1 +0.2
FLJH Franklin FTSE Japan Hedged ETF 3.2 9 49 7.7 -0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 3.0 39 19 7.5 -0.3
DFAI Dimensional International Core Equity Market ETF 2.5 18 40 7.3 -0.5
FYLD Cambria Foreign Shareholder Yield ETF 2.4 59 -1 13.6 +5.8
DWM WisdomTree International Equity Fund 1.9 48 10 8.0 +0.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.9 40 18 7.9 +0.1
IEFA iShares Core MSCI EAFE ETF 1.8 7 51 7.1 -0.7
VEA Vanguard FTSE Developed Markets ETF 1.7 5 53 7.3 -0.5
IDEV iShares Core MSCI International Developed Markets ETF 1.6 4 54 7.1 -0.7
JPIN J.P. Morgan Diversified Return International Equity ETF 1.6 37 21 8.9 +1.1
IPKW Invesco International BuyBack Achievers ETF 1.5 55 3 11.0 +3.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.5 75 -17 2.9 -5.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.4 58 0 6.4 -1.5
IXUS iShares Core MSCI Total International Stock ETF 1.4 7 51 7.2 -0.6
VSGX Vanguard ESG International Stock ETF 1.3 12 46 6.8 -1.1
INTF iShares International Equity Factor ETF 1.3 15 43 8.2 +0.4
IQDG WisdomTree International Quality Dividend Growth Fund 1.3 42 16 6.8 -1.1
VXUS Vanguard Total International Stock ETF 1.2 7 51 7.2 -0.6
FID First Trust S&P International Dividend Aristocrats ETF 1.2 60 -2 9.0 +1.2
WDIV SPDR S&P Global Dividend ETF 1.2 40 18 9.4 +1.6
DTH WisdomTree International High Dividend Fund 1.2 58 0 10.1 +2.3
CCNR ALPS CoreCommodity Natural Resources ETF 1.2 39 19 11.0 +3.2
VIGI Vanguard International Dividend Appreciation ETF 1.1 15 43 6.4 -1.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.1 45 13 -0.6 -8.4
SPDW SPDR Portfolio Developed World ex-US ETF 1.1 3 55 7.2 -0.6
AZTD Aztlan Global Stock Selection DM SMID ETF 1.1 75 -17 7.8 -0.1
PICK iShares MSCI Global Metals & Mining Producers ETF 1.0 39 19 12.8 +5.0
IPAV Global X Infrastructure Development ex-U.S. ETF 0.9 55 3 9.7 +1.9
IGRO iShares International Dividend Growth ETF 0.9 15 43 7.5 -0.3
GSFP Goldman Sachs Future Planet Equity ETF 0.8 75 -17 4.2 -3.6
CGV Conductor Global Equity Value ETF 0.8 130 -72 10.9 +3.1
DVYA iShares Asia/Pacific Dividend ETF 0.8 49 9 9.0 +1.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 11 4.9 -2.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.7 25 33 9.9 +2.0
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 18 10.1 +2.3
IVAL Alpha Architect International Quantitative Value ETF 0.7 49 9 9.5 +1.7
SCHF Schwab International Equity ETF 0.7 6 52 7.5 -0.3
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 19 9.2 +1.4
CARZ First Trust NASDAQ Global Auto Index Fund 0.6 70 -12 3.8 -4.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 48 7.7 -0.2
SHPP Pacer Industrials and Logistics ETF 0.6 60 -2 9.9 +2.1
BTEK Future Tech ETF 0.6 88 -30 2.3 -5.5
ROBO ROBO Global Robotics & Automation Index ETF 0.6 95 -37 3.5 -4.3
SMOG VanEck Low Carbon Energy ETF 0.5 61 -3 2.4 -5.5
IWTR iShares MSCI Water Management Multisector ETF 0.5 47 11 5.0 -2.8
HART IQ Healthy Hearts ETF 0.5 45 13 5.0 -2.8
DRIV Global X Autonomous & Electric Vehicles ETF 0.5 68 -10 4.8 -3.0
IBAT iShares Energy Storage & Materials ETF 0.5 47 11 3.1 -4.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 8 50 7.3 -0.6
FDHT Fidelity Digital Health ETF 0.5 39 19 -2.3 -10.1
MOO VanEck Agribusiness ETF 0.5 53 5 9.7 +1.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.5 85 -27 8.6 +0.7
DTAN Sparkline International Intangible Value ETF 0.5 55 3 9.2 +1.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.5 29 29 8.6 +0.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.5 12 46 8.3 +0.5
AVIV Avantis International Large Cap Value ETF 0.5 25 33 9.0 +1.1
SOCL Global X Social Media ETF 0.4 65 -7 -6.4 -14.2
RODE Hartford Multifactor Diversified International ETF 0.4 29 29 11.8 +4.0
BJK VanEck Gaming ETF 0.4 65 -7 1.4 -6.4
CUT Invesco MSCI Global Timber ETF 0.4 61 -3 8.4 +0.6
GQRE FlexShares Global Quality Real Estate Index Fund 0.4 45 13 5.9 -1.9
VT Vanguard Total World Stock ETF 0.4 7 51 5.5 -2.3
DFIV Dimensional International Value ETF 0.4 27 31 10.0 +2.2
BATT Amplify Lithium & Battery Technology ETF 0.4 59 -1 -0.1 -7.9
GINN Goldman Sachs Innovate Equity ETF 0.4 52 6 2.8 -5.1
COPX Global X Copper Miners ETF 0.4 65 -7 8.2 +0.4
GMET VanEck Green Metals ETF 0.4 63 -5 10.7 +2.9
OAIM OneAscent International Equity ETF 0.4 95 -37 5.1 -2.7
COPA Themes Copper Miners ETF 0.4 35 23 7.3 -0.5
VYMI Vanguard International High Dividend Yield ETF 0.4 22 36 9.8 +2.0
VIDI Vident International Equity Strategy ETF 0.4 61 -3 10.2 +2.4
IMOM Alpha Architect International Quantitative Momentum ETF 0.4 49 9 5.7 -2.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 24 5.9 -1.9
DMAT Global X Disruptive Materials ETF 0.3 59 -1 10.5 +2.7
MOTI VanEck Morningstar International Moat ETF 0.3 58 0 5.9 -1.9
XT iShares Exponential Technologies ETF 0.3 46 12 4.8 -3.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 0 4.6 -3.2
DIHP Dimensional International High Profitability ETF 0.3 29 29 7.6 -0.2
EBLU Ecofin Global Water ESG Fund 0.3 40 18 4.9 -2.9
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -12 9.7 +1.9
EV Mast Global Battery Recycling & Production ETF 0.3 65 -7 12.2 +4.4
PIO Invesco Global Water ETF 0.3 75 -17 5.2 -2.7
SLVP iShares MSCI Global Silver Miners ETF 0.3 39 19 3.2 -4.6
UFO Procure Space ETF 0.3 75 -17 -2.0 -9.8
CRUZ Defiance Hotel Airline and Cruise ETF 0.3 45 13 -4.6 -12.4
PBD Invesco Global Clean Energy ETF 0.3 75 -17 -5.3 -13.1
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -31 4.9 -2.9
AQWA Global X Clean Water ETF 0.2 50 8 4.2 -3.6
CGW Invesco S&P Global Water Index ETF 0.2 57 1 4.4 -3.4
IBOT Vaneck Robotics ETF 0.2 47 11 4.1 -3.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 12 4.9 -2.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 16 8.1 +0.3
SXUS Janus Henderson International Sustainable Equity ETF 0.2 60 -2 4.2 -3.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 13 8.9 +1.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 38 7.1 -0.8
BOAT SonicShares Global Shipping ETF 0.2 69 -11 34.8 +27.0
WOOD iShares Global Timber & Forestry ETF 0.2 42 16 9.8 +2.0
TINY ProShares Nanotechnology ETF 0.2 58 0 1.9 -5.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.2 61 -3 18.6 +10.8
LUXX Roundhill S&P Global Luxury ETF 0.2 45 13 2.9 -5.0
BULD Pacer BlueStar Engineering the Future ETF 0.2 60 -2 1.7 -6.1
TINT ProShares Smart Materials ETF 0.2 58 0 6.4 -1.4
WDNA WisdomTree BioRevolution Fund 0.2 45 13 -3.8 -11.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.1 39 19 -1.7 -9.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 49 5.4 -2.5
AGNG Global X Aging Population ETF 0.1 50 8 4.2 -3.6
IBUY Amplify Online Retail ETF 0.1 65 -7 1.4 -6.5
IFGL iShares International Developed Real Estate ETF 0.1 48 10 6.9 -0.9
IDRV iShares Self-driving EV & Tech ETF 0.1 47 11 -0.4 -8.2
TRFK Pacer Data and Digital Revolution ETF 0.1 60 -2 4.0 -3.8
BOTZ Global X Robotics & Artificial Intelligence ETF 0.1 69 -11 2.4 -5.5
OCEN IQ Clean Oceans ETF 0.1 45 13 6.1 -1.8
AHOY Newday Ocean Health ETF 0.1 75 -17 6.2 -1.7
AIQ Global X Artificial Intelligence & Technology ETF 0.1 68 -10 4.0 -3.8
BETZ Roundhill Sports Betting & iGaming ETF 0.1 75 -17 1.6 -6.2
GLOF iShares Global Equity Factor ETF 0.1 20 38 7.0 -0.8
BUG Global X Cybersecurity ETF 0.1 51 7 2.1 -5.8
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 -4 3.6 -4.2
FRNW Fidelity Clean Energy ETF 0.1 39 19 2.6 -5.3
IHAK iShares Cybersecurity & Tech ETF 0.1 47 11 3.2 -4.6
MRAD SmartETFs Advertising & Marketing Technology ETF 0.1 68 -10 5.5 -2.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 11 5.5 -2.4
RAYS Global X Solar ETF 0.1 51 7 6.9 -0.9
RNRG Global X Renewable Energy Producers ETF 0.1 66 -8 5.5 -2.3
TAN Invesco Solar ETF 0.1 67 -9 10.4 +2.6
WCBR WisdomTree Cybersecurity Fund 0.1 45 13 2.0 -5.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.1 45 13 5.7 -2.1
SPAM Themes Cybersecurity ETF 0.1 35 23 2.0 -5.9
IGPT Invesco AI and Next Gen Software ETF 0.0 60 -2 3.8 -4.0
ERET iShares Environmentally Aware Real Estate ETF 0.0 30 28 6.5 -1.4
BKIE BNY Mellon International Equity ETF 0.0 4 54 7.1 -0.7
PAWZ ProShares Pet Care ETF 0.0 50 8 3.8 -4.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 38 7.0 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 40 7.0 -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 7.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.69 CATEGORY
AVERAGE		 1.60
 
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.