WisdomTree Japan Hedged Equity Fund (DXJ) Performance
DXJ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +22.9% since Dec 31, 2025
- 1 year
- +32.9% total return
- 5 years
- +26.4% a year
- 10 years
- +17.8% a year
- Since first price
- +9.4% a year since 2006
DXJ trailing returns vs SPY, QQQ, AGG
| Period | DXJ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.1% | −2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.3% | +0.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +10.4% | +9.6% | +7.8% | +8.4% | −1.5% |
| YTD | +22.9% | +22.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +32.9% | +31.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +123.4%+30.7%/yr | +107.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +222.7%+26.4%/yr | +179.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +414.8%+17.8%/yr | +295.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +793.3%+15.7%/yr | +444.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +482.5%+9.2%/yr | +228.0% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 16, 2006 | +521.9%+9.4%/yr | +250.2% | — | — | — |
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: DXJ vs SPY
From Jun 16, 2006: DXJ grew to $62,189, SPY to $88,269.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DXJ returns by calendar year
14 of 19 full years positive. Best 2023 (+42.0%), worst 2008 (−20.8%). 2026 is year to date.
DXJ annual returns table
| Year | DXJ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +22.9% | −11.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.8% | −16.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +29.8% | −22.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +42.0% | −8.7% | +26.2% | +54.9% | +5.7% |
| 2022 | +6.0% | −11.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +18.0% | −8.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.9% | −33.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +18.9% | −13.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −19.8% | −26.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.8% | −8.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +1.1% | −22.9% | +12.0% | +7.1% | +2.4% |
| 2015 | +7.7% | −20.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +8.1% | −11.4% | +13.5% | +19.2% | +6.0% |
| 2013 | +41.4% | −19.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +19.6% | −18.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −16.1% | −25.0% | +1.9% | +3.4% | +7.7% |
| 2010 | −1.8% | −19.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +1.9% | −27.7% | +26.4% | +54.7% | +3.0% |
| 2008 | −20.8% | −41.1% | −36.8% | −41.7% | +7.9% |
| 2007 | −7.3% | −14.6% | +5.1% | +19.0% | +6.6% |
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.
DXJ largest drawdowns
Now 4.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 26, 2007 | −49.6% | Mar 9, 2009 | Sep 10, 2014 | 2.0 years | 7.5 years |
| Jan 17, 2018 | −39.1% | Mar 16, 2020 | Feb 8, 2021 | 2.2 years | 3.1 years |
| Jun 1, 2015 | −33.6% | Jul 7, 2016 | Oct 3, 2017 | 1.1 years | 2.3 years |
| Jul 10, 2024 | −22.2% | Aug 5, 2024 | Mar 19, 2025 | 26 days | 8 months |
| Mar 25, 2025 | −16.6% | Apr 8, 2025 | Jun 27, 2025 | 14 days | 3 months |
| Jan 12, 2022 | −11.8% | Mar 8, 2022 | Mar 24, 2022 | 55 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DXJ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +30.2% | +27.0% | +18.5% | +9.3% |
| Volatility (annualized) | 12.1% | 12.7% | 14.9% | 16.9% |
| Sharpe ratio | 1.89 | 1.69 | 1.07 | 0.54 |
| Sortino ratio | 4.52 | 3.73 | 1.77 | 0.80 |
| Best month | +11.0% | +11.3% | +11.3% | +13.3% |
| Worst month | −6.5% | −6.5% | −11.6% | −13.7% |
| Best 12 months | +58.7% | +58.7% | +58.7% | +58.7% |
| Worst 12 months | +3.4% | +0.8% | −19.8% | −37.1% |
| Positive months | 78% | 73% | 69% | 60% |
| Beta vs S&P 500 | 0.28 | 0.42 | 0.59 | — |
| Correlation with S&P 500 | 0.29 | 0.52 | 0.61 | — |
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.
DXJ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 233 | −37.1% | +8.4% | +58.7% | 67% |
| 3-year (a year) | 209 | −12.4% | +8.7% | +38.2% | 76% |
| 5-year (a year) | 185 | −9.8% | +8.9% | +27.9% | 85% |
| 10-year (a year) | 125 | −0.0% | +9.1% | +19.3% | 99% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
DXJ performance overview
WisdomTree Japan Hedged Equity Fund (DXJ) returned +32.9% over the past year and +17.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +9.4% a year, turning $10,000 into about $62,189. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −49.6%, from Feb 26, 2007 to Mar 9, 2009, and it took 5.5 years to get back to the old high. DXJ finished 14 of its 19 full calendar years with a gain; the best year was 2023 (+42.0%) and the worst 2008 (−20.8%). Volatility has been 16.9% a year.
Related: DXJ chart, DXJ holdings, DXJ dividends. See the DXJ overview for the latest quote and fund facts.
DXJ performance FAQ
What is the DXJ return over the past year?
DXJ returned +32.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 31.6%.
What is the average annual return of DXJ?
DXJ has returned +26.4% a year over 5 years, +17.8% a year over 10 years, +9.4% a year since June 16, 2006 (total return, distributions reinvested).
How much would $10,000 invested in DXJ be worth?
$10,000 invested in DXJ at its first recorded close on June 16, 2006 would be worth about $62,189 on October 23, 2026 with distributions reinvested.
What was the worst year for DXJ?
The worst calendar year was 2008, with a total return of −20.8%. The best was 2023 at +42.0%.
What is the biggest drawdown of DXJ?
The largest peak-to-trough decline was −49.6% between February 26, 2007 and March 9, 2009. It recovered to the old high on September 10, 2014, 5.5 years after the bottom.
How volatile is DXJ?
Over the past 3 years DXJ had an annualized volatility of 12.1% and a Sharpe ratio of 1.89 (excess return over 1–3 month T-bills per unit of risk).