Xtrackers MSCI Japan Hedged Equity ETF (DBJP) Performance
DBJP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.9% since Dec 31, 2025
- 1 year
- +26.4% total return
- 5 years
- +20.7% a year
- 10 years
- +15.9% a year
- Since first price
- +13.8% a year since 2011
DBJP trailing returns vs SPY, QQQ, AGG
| Period | DBJP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.0% | −4.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.6% | −0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.0% | +6.7% | +7.8% | +8.4% | −1.5% |
| YTD | +19.9% | +18.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +26.4% | +24.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +108.5%+27.8%/yr | +92.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +156.6%+20.7%/yr | +123.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +338.4%+15.9%/yr | +232.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +697.2%+14.8%/yr | +387.5% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJun 9, 2011 | +627.6%+13.8%/yr | +345.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DBJP vs SPY
From Jun 9, 2011: DBJP grew to $72,761, SPY to $77,037.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DBJP returns by calendar year
11 of 14 full years positive. Best 2013 (+50.2%), worst 2018 (−14.8%). 2026 is year to date.
DBJP annual returns table
| Year | DBJP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.9% | −10.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +29.7% | −16.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.5% | −21.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +36.2% | −7.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −4.2% | −14.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +13.0% | −8.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +10.5% | −31.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +20.9% | −9.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −14.8% | −21.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.2% | −6.9% | +21.7% | +32.7% | +3.6% |
| 2016 | −1.0% | −20.0% | +12.0% | +7.1% | +2.4% |
| 2015 | +8.6% | −18.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +5.7% | −13.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +50.2% | −18.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +22.6% | −21.0% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DBJP largest drawdowns
Now 6.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 6, 2020 | −31.3% | Mar 16, 2020 | Nov 9, 2020 | 39 days | 9 months |
| Aug 10, 2015 | −29.5% | Jun 27, 2016 | Oct 10, 2017 | 11 months | 2.2 years |
| Jan 23, 2018 | −21.6% | Dec 24, 2018 | Feb 6, 2020 | 11 months | 2.0 years |
| Jul 10, 2024 | −21.5% | Aug 5, 2024 | Jun 27, 2025 | 26 days | 12 months |
| Jul 7, 2011 | −21.4% | Jun 1, 2012 | Jan 2, 2013 | 11 months | 1.5 years |
| May 21, 2013 | −18.2% | Jun 14, 2013 | Dec 23, 2013 | 24 days | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DBJP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +28.0% | +21.5% | +16.7% | +14.0% |
| Volatility (annualized) | 12.0% | 12.8% | 13.6% | 16.2% |
| Sharpe ratio | 1.76 | 1.32 | 1.04 | 0.80 |
| Sortino ratio | 3.92 | 2.53 | 1.71 | 1.30 |
| Best month | +8.9% | +8.9% | +10.1% | +15.5% |
| Worst month | −6.6% | −7.5% | −10.7% | −11.8% |
| Best 12 months | +52.0% | +52.0% | +52.0% | +67.2% |
| Worst 12 months | +2.1% | −6.3% | −14.8% | −23.7% |
| Positive months | 72% | 67% | 68% | 64% |
| Beta vs S&P 500 | 0.44 | 0.52 | 0.59 | — |
| Correlation with S&P 500 | 0.45 | 0.64 | 0.67 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DBJP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 173 | −23.7% | +14.4% | +67.2% | 79% |
| 3-year (a year) | 149 | +0.5% | +9.9% | +32.9% | 100% |
| 5-year (a year) | 125 | +0.1% | +11.1% | +22.3% | 100% |
| 10-year (a year) | 65 | +8.1% | +11.2% | +17.3% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
DBJP performance overview
Xtrackers MSCI Japan Hedged Equity ETF (DBJP) returned +26.4% over the past year and +15.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +13.8% a year, turning $10,000 into about $72,761. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.3%, from Feb 6, 2020 to Mar 16, 2020, and it took 8 months to get back to the old high. DBJP finished 11 of its 14 full calendar years with a gain; the best year was 2013 (+50.2%) and the worst 2018 (−14.8%). Volatility has been 16.2% a year.
Related: DBJP chart, DBJP holdings, DBJP dividends. See the DBJP overview for the latest quote and fund facts.
DBJP performance FAQ
What is the DBJP return over the past year?
DBJP returned +26.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 24.8%.
What is the average annual return of DBJP?
DBJP has returned +20.7% a year over 5 years, +15.9% a year over 10 years, +13.8% a year since June 9, 2011 (total return, distributions reinvested).
How much would $10,000 invested in DBJP be worth?
$10,000 invested in DBJP at its first recorded close on June 9, 2011 would be worth about $72,761 on October 23, 2026 with distributions reinvested.
What was the worst year for DBJP?
The worst calendar year was 2018, with a total return of −14.8%. The best was 2013 at +50.2%.
What is the biggest drawdown of DBJP?
The largest peak-to-trough decline was −31.3% between February 6, 2020 and March 16, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is DBJP?
Over the past 3 years DBJP had an annualized volatility of 12.0% and a Sharpe ratio of 1.76 (excess return over 1–3 month T-bills per unit of risk).