Key stats
About Xtrackers MSCI Japan Hedged Equity ETF
Expense ratio
0.47%
Home page
Inception date
Jun 9, 2011
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
Finance
Producer Manufacturing
Consumer Durables
Electronic Technology
Stocks94.26%
Finance15.98%
Producer Manufacturing13.26%
Consumer Durables12.94%
Electronic Technology11.00%
Health Technology7.80%
Process Industries5.02%
Technology Services4.43%
Communications4.05%
Distribution Services4.02%
Consumer Non-Durables3.73%
Retail Trade3.18%
Transportation2.94%
Non-Energy Minerals1.23%
Utilities1.14%
Consumer Services1.12%
Commercial Services1.11%
Energy Minerals0.87%
Industrial Services0.44%
Bonds, Cash & Other5.74%
Cash4.11%
Futures0.88%
ETF0.72%
Mutual fund0.03%
Stock breakdown by region
Asia99.21%
Europe0.54%
North America0.25%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history