DXJ vs. CMDT ETF Comparison

Comparison of WisdomTree Japan Hedged Equity Fund (DXJ) to PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT)

DXJ

WisdomTree Japan Hedged Equity Fund

DXJ Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese yen relative to the U.S. dollar. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$110.68

Average Daily Volume

1,088,867

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

CMDT

PIMCO Commodity Strategy Active Exchange-Traded Fund

CMDT Description

CMDT aims for total return in excess of a diversified commodity benchmark by actively managing both commodity exposure and the funds collateral. The fund primarily gains exposure through commodity swaps and futures but may also directly invest in commodities and use other commodity-linked derivatives. The fund adviser determines target allocations using proprietary quantitative models that incorporate multi-factors such as historic performance trends and storage costs. Positions established may be long, short, or no positions in the specific commodities suggested by the models. Weighting is at the discretion of the fund adviser. The fund also holds a short-duration of investment grade fixed-income securities to serve as collateral. CMDT obtains its exposure via a Cayman Islands subsidiary, thus avoiding a K-1 form to investors. The fund has a longer investment horizon, not short-term, tactical trading. Investments and returns may be different from the advisers other funds

Grade (RS Rating)

Last Trade

$26.66

Average Daily Volume

21,645

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	DXJ	CMDT
30 Days	7.20%	7.95%
60 Days	21.21%	6.77%
90 Days	-3.80%	0.44%
12 Months	33.37%	6.07%

0 Overlapping Holdings

	Symbol	Grade	Weight in DXJ	Weight in CMDT	Overlap

DXJ Overweight 10 Positions Relative to CMDT

	Symbol	Grade	Weight
	MUFG	D	4.81%
	TM	D	4.09%
	SMFG	D	2.75%
	MFG	B	2.61%
	HMC	D	1.57%
	SONY	C	0.73%
	NMR	F	0.57%
	AGCO	D	0.26%
	MBAVU	C	0.03%
	MNTX	D	0.02%

DXJ Underweight 1 Positions Relative to CMDT

	Symbol	Grade	Weight
	MINT	A	-6.7%

DXJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Capital Markets Consumer Electronics Diversified Industrials Farm & Construction Equipment

Keywords: Advisory Services Bank Financial Products Investment Banking Investment Banking Services Structured Finance Asset And Liability Management Asset Management Automotive Industry Banking Cars Consumer Finance Corporate Banking Financial Advisory Services Investment Bank Investment Product Liability Management Mitsui Mower Passenger Car

CMDT: Top Represented Industries & Keywords

Industries:

Keywords: Asset And Liability Management Bond Bond Fund Bond Market Debt Securities ETF Exchange Traded Fund Fixed Income Interest Rate PIMCO