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HEADLINES:

Japanese Corporates No Longer Yen Bears
Marc Chandler • Thu, May 23 • 2 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Thu, May 23 • 47 Comments
Dramatic Response To Bernanke
Marc Chandler • Thu, May 23 • 3 Comments
The China Syndrome
Eric Parnell • Wed, May 22 • 10 Comments
Dividend ETFs Outperforming The S&P 500
Tom Lydon • Wed, May 22
What's Your Exit Strategy?
David Fabian • Wed, May 22 • 6 Comments
Japanese Equities Too Strong To Ignore
Andrew_Keene • Wed, May 22 • 5 Comments
International ETFs: Diversification And Overcoming 'Home Bias'
Tom Lydon • Tue, May 21
Bill Gross And Jeff Gundlach Make Bold Calls Based On Monetary Policy
Learn Bonds • Mon, May 20 • 3 Comments
Japan ETFs Pause After GDP Data
Tom Lydon • Fri, May 17 • 1 Comment
Why The Fed May Increase QE Asset Purchases Before Pursuing Exit Strategies
Bishop Research and Analytics • Fri, May 17 • 23 Comments
Profit Takers Bid Farewell To The Highest Flying Stock ETFs - Should You?
Gary Gordon • Thu, May 16 • 4 Comments
Yen-Hedged Japan ETFs Soar As Nikkei Tops 15,000
Tom Lydon • Thu, May 16
Rising Sun Redux - International ETFs Lag The U.S., Except For Japan
Moby Waller • Thu, May 16 • 7 Comments
Japan: Stronger Than Expected GDP; Bought Foreign Bonds For Third Week
Marc Chandler • Thu, May 16
A Closer Look At WisdomTree's Dividend ETFs
Tom Lydon • Wed, May 15 • 1 Comment
Dollar Firms, Euro Area Contracts, Sterling Recovers, Nikkei Soars
Marc Chandler • Wed, May 15
Japan ETF Rally Still Alive As Yen Weakens
Tom Lydon • Tue, May 14
Japan's Market Drama Continues To Amaze
Doug Short • Mon, May 13 • 2 Comments
Nothing Fails Like Success
Marc Chandler • Mon, May 13 • 4 Comments

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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 • 11 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

Japanese Corporates No Longer Yen Bears
Marc Chandler • Thu, May 23 • 2 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Thu, May 23 • 47 Comments
Dramatic Response To Bernanke
Marc Chandler • Thu, May 23 • 3 Comments
The China Syndrome
Eric Parnell • Wed, May 22 • 10 Comments
Dividend ETFs Outperforming The S&P 500
Tom Lydon • Wed, May 22
What's Your Exit Strategy?
David Fabian • Wed, May 22 • 6 Comments
Japanese Equities Too Strong To Ignore
Andrew_Keene • Wed, May 22 • 5 Comments
International ETFs: Diversification And Overcoming 'Home Bias'
Tom Lydon • Tue, May 21
Bill Gross And Jeff Gundlach Make Bold Calls Based On Monetary Policy
Learn Bonds • Mon, May 20 • 3 Comments
Japan ETFs Pause After GDP Data
Tom Lydon • Fri, May 17 • 1 Comment
Why The Fed May Increase QE Asset Purchases Before Pursuing Exit Strategies
Bishop Research and Analytics • Fri, May 17 • 23 Comments
Profit Takers Bid Farewell To The Highest Flying Stock ETFs - Should You?
Gary Gordon • Thu, May 16 • 4 Comments
Yen-Hedged Japan ETFs Soar As Nikkei Tops 15,000
Tom Lydon • Thu, May 16
Rising Sun Redux - International ETFs Lag The U.S., Except For Japan
Moby Waller • Thu, May 16 • 7 Comments
Japan: Stronger Than Expected GDP; Bought Foreign Bonds For Third Week
Marc Chandler • Thu, May 16
A Closer Look At WisdomTree's Dividend ETFs
Tom Lydon • Wed, May 15 • 1 Comment
Dollar Firms, Euro Area Contracts, Sterling Recovers, Nikkei Soars
Marc Chandler • Wed, May 15
Japan ETF Rally Still Alive As Yen Weakens
Tom Lydon • Tue, May 14
Japan's Market Drama Continues To Amaze
Doug Short • Mon, May 13 • 2 Comments
Nothing Fails Like Success
Marc Chandler • Mon, May 13 • 4 Comments

There are no Transcripts on DXJ.

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

Thursday, May 23, 9:21 AM WisdomTree (WETF) tumbles 5.2% premarket following Japan's overnight crash. The stock's more than a double this year as money has poured into its Japan Hedged Equity Fund (DXJ), which is off 7.3% premarket. Another yen-hedged Japan fund - Deutsche's far smaller DBX ETF Trust (DBJP) - is off 8.3%. Comment! [Financials, On the Move, Global & FX]
Thursday, May 23, 7:02 AM "I'll take 'Kiss of Death Magazine Covers' for minus 7%, Alex," tweets a clever fellow as this week's The Economist cover shows Japan PE Shinzo Abe flying through the air like Superman. DXJ -6.9% premarket. 5 Comments [Global & FX]
Thursday, May 23, 4:42 AM Even Japanese stocks are subject to the law of gravity (who knew?) as a confluence of factors sends the Nikkei (EWJ, DXJ) plunging 7.3% on the session (the swing from intraday high to low was ~9%). Yields on JGB 10s (JGBL) spiked above 1% at one point as an already skittish and volatile market was further rattled by what have generally been perceived as hawkish comments out of Ben Bernanke and other Fed officials on Wednesday. Yields pulled back in late trading. Compounding the problem for Japanese stocks was the yen (FXY), which has strengthened some 2% against the dollar to 101.16 most recently. (See also: China HSBC flash PMI shows contraction) 8 Comments [Global & FX, On the Move]
Tuesday, May 21, 8:39 AM Following on the success of currency-hedged ETFs like those for Japan - the DXJ and the DBJP - Deutsche Bank plans the May 31 launch of the MSCI Germany Hedged Equity Fund (DBGR). It adds to Deutsche's suite of currency-hedged funds: DBEF, DBEM, DBBR. WisdomTree - the creator of DXJ - is prepping its own German Hedged Equity Fund. Comment!
Monday, May 20, 11:54 AM Maybe the best synthetic way to play the dramatic changes in Japan (yen down, stocks up) is U.S. ETF provider WisdomTree (WETF). It's up 2.5% today - pushing its YTD gain to nearly 125% - as its Japan Hedged Equity Fund (DXJ) moves past $10B in AUM. The once-tiny fund has received about $7B in inflows this year and now threatens EWJ ($12.26B AUM) for dominance in the Japan ETF space. 2 Comments [Financials, On the Move]
Monday, May 20, 4:57 AM The Japanese economy is slowly improving, the government says, pointing to evidence that exports and factory output are beginning to show signs of life. The upgraded economic assessment is the first upbeat report in two months. Additionally, Reuters Tankan survey showed a sixth consecutive month of improving manufacturer sentiment in Japan, as exporters cheer the weak yen. The index printed at 7, the first positive read in more than a year. The country's Economics Minister says the stage is set for a "V-shaped recovery." The rosy outlook was enough to boost the Nikkei (EWJ, DXJ)) 1.47% on the session. Comment!
Thursday, May 16, 2:44 PM It's Japan and then there's everything else. Of the top 2013 gainers in assets among ETFs, the Japan Hedged Equity Fund (DXJ) and MSCI Japan Fund (EWJ) have brought in nearly $12B, about equal to the next 5 combined. If we're talking flows as a percentage of AUM, the rush into Japan funds is even more impressive. The low-volatility sector stands out as well with the USMV garnering $2.5B against a previous base of just $1.1B. Comment!
Thursday, May 16, 6:26 AM Unexpectedly weak capital spending marred an otherwise decent Japan GDP report, weighing on the Nikkei (EWJ, DXJ), which fell 0.39% but still held onto the 15,000 level. The yen (FXY) was firm against the dollar for most of session, trading around ¥102, but has since lost ground, falling 0.40% to ¥102.60. Comment!
Wednesday, May 15, 3:26 PM The Japanese bull market is too big of a deal to try and get cute, says Jeff Gundlach (video), advising not to try and time a market up 66% in 6 months. If QE is your reason for owning U.S. stocks, he says, why not pile into Japan (EWJ) where the asset purchase program is far larger? Maybe as leveraged as anything to the Japanese bull market is American ETF provider WisdomTree (WETF +3.5%), more than doubling this year as its hedged Japan equity fund (DXJ) reels in billions in assets. 4 Comments [Global & FX]
Wednesday, May 15, 7:32 AM The Nikkei (EWJ, DXJ) soared another 2.3% overnight to top 15K for the first time since 2007 as the yen (FXY) slid 0.3% to a new multi-year low of ¥102.65. Leading was Sony (SNE), up 10% following Dan Loeb's push for a breakup. Toyota (TM) paced the exporters with a 3.7% gain. JGBs (JGBL) were calm, the yield on the 10-year flat at 0.86%. 4 Comments [Global & FX, On the Move]
Tuesday, May 14, 10:42 AM "Contrarians should start buying emerging markets (EEM, DEM, VWO) and think about global energy (XLE) and material companies (XLB) and commodities (DBC)," says BAML's John Bilton, noting a "marked uptick" in concern about China (FXI, CAF) in his firm's latest fund manger survey. One-in-four now consider a Chinese hard landing as the biggest risk to their investment. Where respondents are not fearful? Japan (EWJ, DXJ). (previous) 4 Comments [Global & FX, Commodities]
Tuesday, May 14, 7:21 AM An early look at the BAML May fund manager survey shows hedge fund equity exposure (VTI) at the highest in 7 years, +45%. Commodity exposure (DBC) is a negative 29%. Cash is at 4.3%. Sectors: It's a record-low exposure to energy (XLE) at -17%. Japan (EWJ, DXJ) at +31% is the highest in 7 years. 1 Comment
Monday, May 13, 4:56 AM The yen (FXY) continues its slide , falling to a new four-and-a-half year low against the dollar, helping the Nikkei (NKY) post another triple-digit gain on the session, rising 1.2% to 14782, its highest level since January 2008. The weak yen comes on the heels of the G7's reportedly amicable meeting over the weekend, at which officials were generally supportive of the BOJ's policies and reiterated that Japan's goal is to fight deflation not engage in the targeting of exchange rates. 4 Comments [Global & FX]
Sunday, May 12, 9:49 PM In Japan, the Nikkei (NKY) scales yet another new five-year high, rising 1.39% ahead of key Chinese economic data. Comment!
Friday, May 10, 4:37 AM For the first time since April of 2009, the yen (FXY) fell through the 100-level against the dollar, helping the Nikkei rally nearly 3% on the session and almost 7% on the week. Japanese equities (EWJ) are now trading at levels last seen in January of 2008. Japanese capital flows data finally showed what many had been waiting for since BOJ Governor Kuroda's shot across the bow at deflation: an outflow, as Japanese investors became net buyers of foreign bonds. 6 Comments [Global & FX]
Wednesday, May 8, 4:33 AM Fears that flagging demand in the U.S. and Europe would weigh heavily on China's trade data didn't play out, as exports grew 14.7% in April, helping the country swing to a surplus of $18.16B after posting a slight deficit in March. The data surprised analysts, even as some say the numbers may be inflated: "This probably reflects some overinvoicing [as] it was inconsistent with cargo volumes," one economist tells WSJ. Nevertheless, the data serves to buoy regional markets as the Nikkei (NKY) continues its ascent in Japan, rising 0.74% to yet another new five-year record high. Comment! [Global & FX]

Chines33
I'm kicking around the idea of short $JGBL vs long $DXJ
1 hour ago
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muldoon1959: Just remember that one half of that plan is called "The Widowmaker" for a reason.
1 hour ago
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Chines33
$DXJ is interesting if it can bounce. Much prefer it to $EWJ
1 hour ago
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inandoutnevertoolate: Why not look at good Japanese companies that got thrashed. Picked up $NMR and $MTU this morning for the bounce.
1 hour ago
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Chines33: I'm doing more work on it. I want short exposure against long exposure.
1 hour ago
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TruffelPig
Bought dip with $DXJ, $BOFI, $XONE - first for trading, last two for holding
4 hours ago
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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%
8 hours ago
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Ocean Man: Down to $12.61 now.
7 hours ago
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Ocean Man: Traded as low as $11.05, wow.
3 hours ago
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Ocean Man
The $DXJ and yen short are probably the most crowded trades around right now.
8 hours ago
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bdy: it when the market opens.
7 hours ago
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Ocean Man: I mean this year.
6 hours ago
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Chris DeMuth Jr.
$DXJ at a new 52-week high
Apr 24, 3:15 PM
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Roger Regelbrugge
Japanese inflation at its lowest level (-0.7) since 2010 $DXJ
Apr 9, 6:46 PM
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Roger Regelbrugge
Fears on twitter of a Japanese bond market collapse. I don't see this happen until significant inflation is created $DXJ
Apr 9, 6:42 PM
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The Financial Lexicon
$EWJ, $DXJ, $NKY, Japan goes all-in on money printing. Should it be rated AAA or D? My article on the subject: http://bit.ly/14JAX8l
Apr 5, 10:55 AM
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theokas
does anyone know why $DXJ lags Nikkei lately?
Mar 7, 11:33 AM
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theokas: it a USD hedged fund, so no exchange rates issues
Mar 8, 2:35 PM
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bakerh334: I think it holds some MXJP exposure, which has quite a different sector allocation than the NKY.
Apr 2, 1:38 PM
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LATEST REPLIES

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%
8 hours ago
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Ocean Man: Down to $12.61 now.
7 hours ago
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Ocean Man: Traded as low as $11.05, wow.
3 hours ago
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140 characters

Ocean Man
The $DXJ and yen short are probably the most crowded trades around right now.
8 hours ago
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bdy: it when the market opens.
7 hours ago
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Ocean Man: I mean this year.
6 hours ago
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theokas
does anyone know why $DXJ lags Nikkei lately?
Mar 7, 11:33 AM
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theokas: it a USD hedged fund, so no exchange rates issues
Mar 8, 2:35 PM
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bakerh334: I think it holds some MXJP exposure, which has quite a different sector allocation than the NKY.
Apr 2, 1:38 PM
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DXJ WisdomTree Japan Hedged Equity ETF

DXJ

WisdomTree Japan Hedged Equity ETF