Is DXJ a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

1,950 people get DXJ articles and Market Currents by email alert.

Get email alerts on DXJ »

FOCUS | PRO | RELATED | TRANSCRIPTS | NEWS & PR

Get Ready For New Highs
Greg Feirman • Mon, Jun 10 • 4 Comments
Hedge Your Currency Risk With This Japan ETF
David Fabian • Tue, May 7
Don't Fight The Japanese Fed; How A Japanese ETF Beat The Dow Jones Industrials
Robert Wagner • Fri, Mar 29 • 5 Comments
WisdomTree Japan Hedged Equity ETF: A Smart Play
Roger Regelbrugge • Tue, Mar 12 • 15 Comments
DXJ: A Much Better Exposure To Japan Than EWJ‏
Ariel Aharonovich • Tue, Mar 5 • 15 Comments
WisdomTree Japan Hedged Equity ETF - The Perfect Investment To Play A Weakening Yen
Alexander J. Poulos • Thu, Feb 7 • 20 Comments
Triple Whammy In Investing In Japanese Equities
Cagdas Ozgenc • Mon, Jan 14 • 3 Comments
DXJ: The Smart Way To Invest In Japan
Investment U • Sun, Apr 22, 2012 • 3 Comments
You Don't Need Currency ETFs to Bet on Exchange Rates
Morningstar • Fri, Apr 30, 2010 • 2 Comments
Finding the Right Dividend ETF
Michael Johnston • Sun, Jan 24, 2010 • 4 Comments

To learn more about Seeking Alpha Pro, click here.

Fed Tapering Scenarios: The Winners And Losers On Wednesday
Eric Parnell • Tue, Jun 18 • 28 Comments
Why Retail Investors Still Like Japan ETFs
Tom Lydon • Mon, Jun 17 • 1 Comment
If The Japanese Market Is Open, They're Selling
Bespoke Investment Group • Sun, Jun 16 • 1 Comment
Yen And The Nikkei
Marc Chandler • Fri, Jun 14
Japan: No News Is Bad News
Scott Sumner • Fri, Jun 14 • 15 Comments
Yen Soars While Dollar Stabilizes
Marc Chandler • Thu, Jun 13 • 16 Comments
Foreign Investors Not Responsible For Nikkei Decline
Marc Chandler • Thu, Jun 13 • 5 Comments
5 Rules Every ETF Investor Should Follow
David Fabian • Wed, Jun 12
Is Abenomics Over? I Don't Think So.
Oriental Trader • Mon, Jun 10 • 10 Comments
8 Thoughts On The Week Ahead
Marc Chandler • Sun, Jun 9
3 Investment Themes To Consider
Paulo Santos • Thu, Jun 6 • 20 Comments
Japan Is An Engine Of Economic Pain
Mercenary Trader • Thu, Jun 6 • 8 Comments
Japan Currency Trade Hits A Stumbling Block
David Fabian • Thu, Jun 6 • 3 Comments
Is Bad Economic News No Longer Enough To Push Stock ETFs Higher?
Gary Gordon • Tue, Jun 4
Abenomics: How Stable Are Japanese Markets?
David Guarino • Mon, Jun 3 • 1 Comment
Does High Volatility Mean The Bond Vigilantes Have Returned?
AlphaVN Research • Sun, Jun 2 • 4 Comments
Japanese Investors Step Up Foreign Bond Sales
Marc Chandler • Wed, May 29 • 5 Comments
Why Japan ETFs Traded At A Discount
Tom Lydon • Wed, May 29
Forex: Now What?
Marc Chandler • Sat, May 25 • 5 Comments
What Now For Japan ETFs After Sell-Off?
Tom Lydon • Fri, May 24 • 1 Comment

There are no Transcripts on DXJ.

Final Trade: Your First Move for Friday, June 14

at CNBC.com (Thu, 1:45PM)
Final Trade: Your First Move for Tuesday, June 11

at CNBC.com (Jun 10, 2013)
Conrad de Aenlle's Funds For Thought: Japanese stocks are poised to sell

at MarketWatch.com (Jun 4, 2013)
The Sun Will Rise: Why Investors Still Love Japan

at CNBC.com (May 29, 2013)
Jobs Market Improving, But Way Too Early to Claim Victory

at CNBC.com (May 9, 2013)
Weekend Investor: Why Japan is now the land of the rising stocks

at MarketWatch.com (Apr 19, 2013)
Japan Fund Draws Big Bullish Bet

at CNBC.com (Apr 8, 2013)
Why sharp fund, ETF gains can cut both ways

at MarketWatch.com (Apr 1, 2013)
Weekend Investor: 4 ETF plays now that the dollar has its mojo back

at MarketWatch.com (Mar 22, 2013)
Global Markets: U.S. In, Emerging Markets Out

at CNBC.com (Mar 13, 2013)
Final Trade

at CNBC.com (Mar 8, 2013)
Land of the Falling Yen: Japan Cheers Sliding Currency

at CNBC.com (Feb 6, 2013)
Your First Move for Thursday, Nov. 29

at CNBC.com (Nov 28, 2012)
Sizzling Summer Stocks - Top Trades for Q3

at CNBC.com (Jun 28, 2012)

DXJ vs. ETF Alternatives

DXJ Description

WisdomTree Japan Hedged Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. The Fund employs an investment approach designed to track the performance of the WisdomTree Japan Hedged Equity Index. The Index and the Fund are designed to provide exposure to equity securities in Japan, while at the same time hedging exposure to fluctuations between the value of the U.S. dollar and and the Japanese yen. The Index and the Fund seek to track the performance of equity securities in Japan that is attributable solely to stock prices without the effect of currency fluctuations.
See more details on sponsor's website

Country: Japan

Key Info

In Your Portfolio: A Guide to Dividend ETFs, A Guide to International Equity ETFs
Asset Class Performance: Countries, Dividends

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, June 18, 12:20 PM The speculative phase of the rally in Japanese stocks is over, says Deutsche, setting up the next leg which will require the participation of domestic investors. Yes, underweight global equity funds may help, but they've already boosted stakes and have just $2T in assets compared to $9T of Japanese household cash. DXJ +3.1%, EWJ +2.3%. 1 Comment [Global & FX]
Saturday, June 15, 10:48 AM Some color and context from Nomura's highly publicized Nikkei 18K call: The bank's strategists "do not brush off recent stock market turmoil lightly" and note that a close below Nikkei 12,362 may be particularly significant. The bank's forecast is based on the idea that earnings are recovering and global P/Es are expanding. Japanese stocks (EWJ, DXJ) are "once again trading at lower P/E ratios than U.S. stocks," the bank notes, adding that "if the average P/E ratio of U.S. stocks rises to 16x around H2 … Japanese stocks' P/E ratio could rise to 17x." 2 Comments [Global & FX]
Friday, June 14, 4:25 AM Asian stocks fall sharply and then recover some but not all of their losses a day or so later. That seems to have been a recurring pattern over the past few weeks since the great global sell-off began and the past couple of days have been no different. Shares bounced back today, helped by decent retail sales data in the U.S. yesterday and a report that the Fed's QE tapering will be so gentle you won't even feel it. Japan (DXJ) +1.9%, Hong Kong (EWH) +0.4%, China (FXI) +0.6%, India (INDY) +1.5%, Australia (EWA) +2%, Philippines (EPHE) +2.1%, Thailand (THD) +3.6%. 4 Comments [Global & FX, Top Stories, On the Move]
Thursday, June 13, 3:21 PM Abenomics and the direction of the yen get a lot of attention, says fund manager Rajiv Jain, but don't forget how dependent businesses are on China. He's having a hard time finding Japanese firms with sustainable growth. "These are some phenomenal companies there, but (we've found) better opportunities elsewhere." Artisian's Mark Yockey goes further: "Desperate people do desperate things, and Japan is in a desperate situation." 1 Comment [Global & FX]
Thursday, June 13, 11:07 AM Thumbing its nose at the recent collapse in the Nikkei, Nomura boosts its year-end target for the index to 18K from 16K. "The full impact of Abenomics on capex and household incomes has yet to be felt." Among the individual stocks set to benefit are Toyota (TM) and Honda (HMC). 2 Comments [Global & FX]
Wednesday, June 12, 10:20 PM Stocks plunge in Tokyo as the Nikkei (EWJ, DXJ) tumbles 5.6% touching a two-month low of 12,543. The USD/JPY slides 1.4% at last check to ¥94.69 (FXY). 11 Comments [Global & FX, On the Move]
Tuesday, June 11, 2:55 PM The yen (FXY +2.9%) spikes higher, bringing dollar/yen back below ¥96 amid rumors of busted carry trades and hedge fund liquidations. Should today's move be sustained, it would be the largest single-day drop for the pair since the 2010 flash crash. BofA's MacNeil Curry suggests the next stop in ¥91. Japan stock ETFs take it hard: The iShares Japan Fund (EWJ -2%), WisdomTree's Hedged Equity Fund (DXJ -4.9%). 1 Comment [Global & FX]
Sunday, June 9, 9:58 PM Japan revises Q1 GDP up to 4.1% (annualized) from an initial reading of 3.5% sending the Nikkei (EWJ, DXJ) up 3% in early trading. Also helping Japanese stocks is the weak yen (FXY), down 0.4% against the dollar to ¥97.95. Meanwhile, the BOJ begins a two-day policy meeting. Goldman's advice: Initiate "long positions in Nikkei September futures with a target of 14,500 and a stop on a close below 12,700." For what it's worth. 6 Comments [Global & FX]
Friday, June 7, 7:14 AM Long Nikkei, short yen continues to unwind with investors in 2013's most popular trade all hitting the exit at the same time. The yen's up another 1.6%, with dollar/yen at ¥95.47 and erasing more than 2 months worth of gains in the last few sessions. FXY +1.3% premarket. The Nikkei tumbled another 1.8% overnight and has also erased 2 months worth of gains. DXJ -2.3% premarket. Earlier: Japan's government pension fund confirms it's cutting JGB exposure and increasing equity holdings. 1 Comment [Global & FX]
Thursday, June 6, 1:11 PM When crowded trades go bad: Investors don't wait until Tokyo to sell Japan - Nikkei futures tumble 3.5% as the yen flies higher, now at ¥96.76 and in two weeks erasing two months worth of gains in dollar/yen. The Nikkei has returned to its early April level as well. The unhedged EWJ falls 0.9%, while this year's hottest ETF, the hedged Japan fund (DXJ), slides 3%, now up only 16.5% YTD. 5 Comments [Global & FX]
Wednesday, June 5, 3:40 AM The Nikkei (EWJ) drops sharply once again and takes other Asian bourses with it, with the fall this time because of disappointment with Shinzo Abe's "third arrow" of economic reform. The measures "aren't enough for Japan to achieve sustained economic growth and overcome deflation," says economist Hisashi Yamada, especially as the labor-market reforms don't go far enough. There's also disappointment that Abe isn't proposing to cut corporate taxes, which are amongst the highest in the OECD. Japan -3.8%, Hong Kong -1.1%, China -0.1%, India flat. 1 Comment [Global & FX, On the Move, Top Stories]
Tuesday, June 4, 4:36 PM "This is not a good time to be exiting the Nikkei (EWJ, DXJ)," says Jeff Gundlach in a presentation (webcast) titled "What in the world is going on?" Markets don't rally like that to be immediately followed by a "monster collapse," he adds. He'd prefer to buy below 13K (closed last night at 13.5K), but the his bull thesis remains intact and he wouldn't be a seller here. Comment! [Global & FX]
Tuesday, June 4, 12:31 PM "Current conditions represent a buying opportunity for bonds (TLT, LQD) says Jeff Gundlach, appearing on CNBC. Higher interest rates will prove too damaging to certain sectors and he expects the 10-year Treasury - currently at 2.13% - to head back below 2% into the summer and fall. Nikkei (EWJ, DXJ)? In the mid-12s, it's a buying opportunity. Apple (AAPL)? He was a buyer in the low $400s and $500 is a chip shot, but it may never see $700. Chipotle (CMG)? He never got filled on his short at $380, but would give it a shot again. 9 Comments
Monday, June 3, 11:24 AM The yen (FXY +1.4%) surges higher, with dollar/yen crashing through ¥100 all the way to ¥98.97 - the first time in double digits in about a month. Along with the strengthening yen are declining Nikkei 225 futures (NKY), off 2.8%. EWJ -1.9%, DXJ -3.6%. The proprietor of the DXJ, WisdomTree (WETF -3.1%). 1 Comment [Global & FX, On the Move]
Thursday, May 30, 10:37 PM Investors rush to buy the tumbling Japanese stock market, with WisdomTree's (WETF) Japan Hedged Equity Fund (DXJ) raking in another $264M over the last week, according to XTF.com, the 3rd largest inflow of any ETF. The crazy turnaround in Nikkei futures this morning on word Japan's national pension fund is considering boosting its equity allocation carries through to Tokyo, the Nikkei +1.8%. Comment! [Financials, Global & FX]
Thursday, May 30, 7:35 AM Nikkei futures go nuts, reversing most of a 5% overnight plunge on word Japan's public pension fund is considering shifting to a more pro-equity stance. They're off just 0.4% at the moment. NKY -1% premarket. 13 Comments [Global & FX, On the Move, Top Stories]

Ocean Man
Past 2 sessions (Fri and Mon) I took gains on $UAN (-3.5% today), $VG (-2.4%), $DXJ (-4.7%), $HTZ (-1.9%), $XIV (-6.6%), and $MHR (-5.4%).
Jun 11, 5:24 PM
Reply (3)

• !Report Abuse
View all 3 replies
Chines33: Yen action is just mind blowing. Very 2011 Euro like but I the opposite direction.
Jun 11, 5:36 PM
• !Report Abuse
det9: Same here with $EOG, $KMP, $EBAY, $XIV, $BX . Sold all these Fri and Mon😜
Jun 11, 10:52 PM
• !Report Abuse
Add a reply...

140 characters

bdy
go go $DXJ.. collecting some profits this morning !
Jun 10, 8:47 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Marlen_
Added $WYNN yesterday and $DXJ
Jun 7, 1:04 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Ocean Man
Sold the $DXJ I bought yesterday for a gain of 5% on half $42.44 ---> $44.58 and a gain of 2.6% on the other half. That's a lot for one day.
Jun 7, 11:47 AM
Reply (2)

• !Report Abuse
View all 2 replies
Ocean Man: http://seekingalpha.com/s/fi0fn
Jun 7, 11:47 AM
• !Report Abuse
Marlen_: Me too, I took some profits and got out but will buy it again next week, too much noise now
Jun 7, 1:09 PM
• !Report Abuse
Add a reply...

140 characters

Ocean Man
This is all about the Yen today. $FXY $DXJ
Jun 6, 12:41 PM
Reply (5)

• !Report Abuse
View all 5 replies
yliu54: Abe can't sleep right now
Jun 6, 1:27 PM
• !Report Abuse
bdy: about time. I've owned some FXY for about a month now and its finally profitable
Jun 6, 4:01 PM
• !Report Abuse
Add a reply...

140 characters

Ocean Man
Out of $APU half at $45.32, half at $45.20. Made about a half a %, lost interest. Bought $DXJ at $43.45, 19.5% off the May highs.
Jun 6, 12:02 PM
Reply (1)

• !Report Abuse
View all 1 replies
Ocean Man: Added to $DXJ at $42.44, down another buck.
Jun 6, 12:42 PM
• !Report Abuse
Add a reply...

140 characters

Mikegyver
$DXJ
May 24, 8:41 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Chines33
I'm kicking around the idea of short $JGBL vs long $DXJ
May 23, 3:23 PM
Reply (1)

• !Report Abuse
View all 1 replies
muldoon1959: Just remember that one half of that plan is called "The Widowmaker" for a reason.
May 23, 3:28 PM
• !Report Abuse
Add a reply...

140 characters

Chines33
$DXJ is interesting if it can bounce. Much prefer it to $EWJ
May 23, 3:22 PM
Reply (2)

• !Report Abuse
View all 2 replies
inandoutnevertoolate: Why not look at good Japanese companies that got thrashed. Picked up $NMR and $MTU this morning for the bounce.
May 23, 3:23 PM
• !Report Abuse
Chines33: I'm doing more work on it. I want short exposure against long exposure.
May 23, 3:28 PM
• !Report Abuse
Add a reply...

140 characters

TruffelPig
Bought dip with $DXJ, $BOFI, $XONE - first for trading, last two for holding
May 23, 11:46 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Ocean Man
Past 2 sessions (Fri and Mon) I took gains on $UAN (-3.5% today), $VG (-2.4%), $DXJ (-4.7%), $HTZ (-1.9%), $XIV (-6.6%), and $MHR (-5.4%).
Jun 11, 5:24 PM
Reply (3)

• !Report Abuse
View all 3 replies
Chines33: Yen action is just mind blowing. Very 2011 Euro like but I the opposite direction.
Jun 11, 5:36 PM
• !Report Abuse
det9: Same here with $EOG, $KMP, $EBAY, $XIV, $BX . Sold all these Fri and Mon😜
Jun 11, 10:52 PM
• !Report Abuse
Add a reply...

140 characters

Ocean Man
Sold the $DXJ I bought yesterday for a gain of 5% on half $42.44 ---> $44.58 and a gain of 2.6% on the other half. That's a lot for one day.
Jun 7, 11:47 AM
Reply (2)

• !Report Abuse
View all 2 replies
Ocean Man: http://seekingalpha.com/s/fi0fn
Jun 7, 11:47 AM
• !Report Abuse
Marlen_: Me too, I took some profits and got out but will buy it again next week, too much noise now
Jun 7, 1:09 PM
• !Report Abuse
Add a reply...

140 characters

Ocean Man
This is all about the Yen today. $FXY $DXJ
Jun 6, 12:41 PM
Reply (5)

• !Report Abuse
View all 5 replies
yliu54: Abe can't sleep right now
Jun 6, 1:27 PM
• !Report Abuse
bdy: about time. I've owned some FXY for about a month now and its finally profitable
Jun 6, 4:01 PM
• !Report Abuse
Add a reply...

140 characters

Ocean Man
Out of $APU half at $45.32, half at $45.20. Made about a half a %, lost interest. Bought $DXJ at $43.45, 19.5% off the May highs.
Jun 6, 12:02 PM
Reply (1)

• !Report Abuse
View all 1 replies
Ocean Man: Added to $DXJ at $42.44, down another buck.
Jun 6, 12:42 PM
• !Report Abuse
Add a reply...

140 characters

Chris DeMuth Jr.
$DXJ at a new 52-week high
Apr 24, 3:15 PM
Reply (4)

• !Report Abuse
View all 4 replies
johnbarleycorn: I was up 6% with DXJ but now down almost 10%, Time to get out?
Jun 3, 11:46 AM
• !Report Abuse
Chris DeMuth Jr.: I have no idea; I'm in this one for a generational length investment and have no idea how it will work in the short term. Long-term sound.
Jun 3, 11:53 AM
• !Report Abuse
Add a reply...

140 characters

Chines33
I'm kicking around the idea of short $JGBL vs long $DXJ
May 23, 3:23 PM
Reply (1)

• !Report Abuse
View all 1 replies
muldoon1959: Just remember that one half of that plan is called "The Widowmaker" for a reason.
May 23, 3:28 PM
• !Report Abuse
Add a reply...

140 characters

Chines33
$DXJ is interesting if it can bounce. Much prefer it to $EWJ
May 23, 3:22 PM
Reply (2)

• !Report Abuse
View all 2 replies
inandoutnevertoolate: Why not look at good Japanese companies that got thrashed. Picked up $NMR and $MTU this morning for the bounce.
May 23, 3:23 PM
• !Report Abuse
Chines33: I'm doing more work on it. I want short exposure against long exposure.
May 23, 3:28 PM
• !Report Abuse
Add a reply...

140 characters

Ocean Man
$WETF has gained over 100% YTD on $DXJ popularity. I just shorted it in the pre-mkt at $12.92. Fell 90 cents intra-day yesterday on our 1%
May 23, 8:29 AM
Reply (4)

• !Report Abuse
View all 4 replies
Ocean Man: Down to $12.61 now.
May 23, 9:13 AM
• !Report Abuse
Ocean Man: Traded as low as $11.05, wow.
May 23, 12:50 PM
• !Report Abuse
Add a reply...

140 characters

Ocean Man
The $DXJ and yen short are probably the most crowded trades around right now.
May 23, 8:07 AM
Reply (3)

• !Report Abuse
View all 3 replies
bdy: it when the market opens.
May 23, 9:08 AM
• !Report Abuse
Ocean Man: I mean this year.
May 23, 10:15 AM
• !Report Abuse
Add a reply...

140 characters

theokas
does anyone know why $DXJ lags Nikkei lately?
Mar 7, 11:33 AM
Reply (3)

• !Report Abuse
View all 3 replies
theokas: it a USD hedged fund, so no exchange rates issues
Mar 8, 2:35 PM
• !Report Abuse
bakerh334: I think it holds some MXJP exposure, which has quite a different sector allocation than the NKY.
Apr 2, 1:38 PM
• !Report Abuse
Add a reply...

140 characters

DXJ WisdomTree Japan Hedged Equity ETF

DXJ

WisdomTree Japan Hedged Equity ETF