FJP vs. DXJ ETF Comparison
Comparison of First Trust Japan AlphaDEX Fund (FJP) to WisdomTree Japan Hedged Equity Fund (DXJ)
FJP
First Trust Japan AlphaDEX Fund
FJP Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Japan Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Japan BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$51.65
Average Daily Volume
9,344
6
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
$108.80
Average Daily Volume
579,910
8
Performance
Period | FJP | DXJ |
---|---|---|
30 Days | -3.00% | 0.03% |
60 Days | -1.90% | 7.42% |
90 Days | -0.27% | 3.46% |
12 Months | 8.70% | 23.60% |
FJP Overweight 1 Positions Relative to DXJ
Symbol | Grade | Weight | |
---|---|---|---|
AGCO | D | 0.32% |
FJP: Top Represented Industries & Keywords
DXJ: Top Represented Industries & Keywords