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Xtrackers MSCI Japan Hedged Equity ETF

DBJP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 09 2011
Expense Ratio
0.46%
Type
Global Ex. US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$1,064,608
AUM
$228,757,641
Associated Index
MSCI Japan US Dollar Hedged Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

7203
Toyota Motor Corporation
4.45%
6758
Sony Group Corporation
3.21%
6861
Keyence Corporation
2.56%
8306
Mitsubishi UFJ Financial Group, Inc.
2.51%
4568
Daiichi Sankyo Co., Ltd.
1.70%
9984
SoftBank Group Corp.
1.65%
8316
Sumitomo Mitsui Financial Group Inc
1.63%
8035
Tokyo Electron Ltd
1.51%
6501
Hitachi Ltd.
1.49%
9433
KDDI Corp.
1.46%
Invest with DBJP

What is DBJP?

The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Japan US Dollar Hedged Index. The index is designed to provide exposure to Japanese equity markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and Japanese yen.

ETFs related toDBJP

ETFs correlated to DBJP include HEWJ, FLJH, DXJ

DBJP
DBX ETF Trust - Xtrackers MSCI Japan Hedged Equity ETF
HEWJ
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI Japan ETF
FLJH
Franklin Templeton ETF Trust - Franklin FTSE Japan Hedged ETF
DXJ
WisdomTree Trust - WisdomTree Japan Hedged Equity Fund
DBEF
DBX ETF Trust - Xtrackers MSCI EAFE Hedged Equity ETF
HEFA
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE ETF
PPIE
Putnam ETF Trust - Putnam PanAgora ESG International Equity ETF
HSCZ
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE Small-Cap ETF
HAWX
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI ACWI ex U.S. ETF
DBAW
DBX ETF Trust - Xtrackers MSCI All World ex US Hedged Equity ETF
DDLS
WisdomTree Trust - WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDBJP

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

Can contain

DBJPEWG
#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Can contain

DBJPEWJ

Create your own algorithmic trading strategy with DBJP using Composer

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.