Key stats
About Xtrackers MSCI Japan Hedged Equity ETF
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Inception date
Jun 9, 2011
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
DBX Advisors LLC
Distributor
Alps Distributors, Inc.
DBJP tracks a currency-hedged version of the popular MSCI Japan Index. DBJP hedges out the currency exposure inherent in investing in its underlying equities, which results in pure equity exposure that sidesteps the yen's volatility. The fund enters into forward currency contracts which hedges the JPY to the USD by selling JPY currency forwards at the one-month forward rate published by WM/Reuters. The fund tilts large due to its exclusion of small-caps, but its sector exposure is neutral, providing a comprehensive portfolio with minimal sector tilts. As much as possible DBJP uses full replication indexing, this strategy invests directly in the component securities while also using considerably the same weightings in which they are represented in the index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Stocks99.73%
Finance8.72%
Producer Manufacturing6.44%
Consumer Durables6.08%
Electronic Technology6.06%
Health Technology3.93%
Technology Services3.07%
Communications2.26%
Process Industries2.18%
Retail Trade2.05%
Consumer Non-Durables1.91%
Distribution Services1.74%
Transportation1.09%
Commercial Services0.61%
Non-Energy Minerals0.55%
Utilities0.55%
Consumer Services0.49%
Energy Minerals0.39%
Industrial Services0.36%
Bonds, Cash & Other0.27%
Cash104.72%
Mutual fund1.22%
Futures1.17%
ETF0.08%
Miscellaneous−106.93%
Stock breakdown by region
Asia99.92%
North America0.08%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history