DXJ vs. IVAL ETF Comparison

Comparison of WisdomTree Japan Hedged Equity Fund (DXJ) to ValueShares International Quantitative Value ETF (IVAL)

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

$110.09

Average Daily Volume

524,929

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

IVAL

ValueShares International Quantitative Value ETF

IVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily - generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes - in equity securities of international companies that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest primarily in the exchange-listed common stock of international companies and depositary receipts. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.28

Average Daily Volume

11,242

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	DXJ	IVAL
30 Days	2.28%	-2.62%
60 Days	3.83%	-5.51%
90 Days	2.91%	-4.87%
12 Months	22.76%	5.92%

2 Overlapping Holdings

	Symbol	Grade	Weight in DXJ	Weight in IVAL	Overlap
	HMC	F	2.71%	1.66%	1.66%
	TM	F	5.19%	1.97%	1.97%

DXJ Overweight 6 Positions Relative to IVAL

	Symbol	Grade	Weight
	MUFG	B	4.7%
	SMFG	B	3.24%
	MFG	A	2.43%
	SONY	B	0.97%
	NMR	B	0.62%
	MNTX	B	0.04%

DXJ Underweight 0 Positions Relative to IVAL

	Symbol	Grade	Weight

DXJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Capital Markets Consumer Electronics Diversified Industrials

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 Passenger Car Project Finance

IVAL: Top Represented Industries & Keywords

Industries: Auto Manufacturers

Keywords: Automotive Industry Cars Passenger Car Transport Auto Parts Cogeneration Crystalline Silicon E Commerce Marketplace Lawn Mower Mower Power Products Retail Dealers Retail Lending Solar Cells Sprayer Thin Film