Key stats
About Xtrackers MSCI Japan Hedged Equity ETF
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Inception date
Jun 9, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
DBX Advisors LLC
Distributor
ALPS Distributors, Inc.
ISIN
US2330515071
DBJP tracks a currency-hedged version of the popular MSCI Japan Index. DBJP hedges out the currency exposure inherent in investing in its underlying equities, which results in pure equity exposure that sidesteps the yen's volatility. The fund enters into forward currency contracts which hedges the JPY to the USD by selling JPY currency forwards at the one-month forward rate published by WM/Reuters. The fund tilts large due to its exclusion of small-caps, but its sector exposure is neutral, providing a comprehensive portfolio with minimal sector tilts. As much as possible DBJP uses full replication indexing, this strategy invests directly in the component securities while also using considerably the same weightings in which they are represented in the index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Electronic Technology
Consumer Durables
Stocks95.68%
Finance18.35%
Producer Manufacturing11.85%
Electronic Technology11.75%
Consumer Durables11.45%
Health Technology6.96%
Technology Services5.96%
Communications5.19%
Distribution Services4.44%
Process Industries4.28%
Consumer Non-Durables4.06%
Retail Trade3.92%
Transportation2.40%
Utilities1.14%
Consumer Services0.86%
Industrial Services0.83%
Energy Minerals0.82%
Non-Energy Minerals0.78%
Commercial Services0.64%
Bonds, Cash & Other4.32%
Cash2.73%
Futures1.54%
ETF0.05%
Stock breakdown by region
Asia99.95%
North America0.05%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DBJP invests in stocks. The fund's major sectors are Finance, with 18.35% stocks, and Producer Manufacturing, with 11.85% of the basket. The assets are mostly located in the Asia region.
DBJP top holdings are Toyota Motor Corp. and Mitsubishi UFJ Financial Group, Inc., occupying 4.12% and 3.95% of the portfolio correspondingly.
DBJP last dividends amounted to 2.64 USD. Six months before that, the issuer paid 2.12 USD in dividends, which shows a 19.92% increase.
DBJP assets under management is 400.18 M USD. It's risen 6.26% over the last month.
DBJP fund flows account for −100.04 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DBJP pays dividends to its holders with the dividend yield of 3.22%. The last dividend (Jun 27, 2025) amounted to 2.64 USD. The dividends are paid semi-annually.
DBJP shares are issued by Deutsche Bank AG under the brand Xtrackers. The ETF was launched on Jun 9, 2011, and its management style is Passive.
DBJP expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
DBJP follows the MSCI Japan 100% Hedged to USD Net Variant. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DBJP invests in stocks.
DBJP price has risen by 6.46% over the last month, and its yearly performance shows a 13.29% increase. See more dynamics on DBJP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.55% over the last month, showed a 9.68% increase in three-month performance and has increased by 16.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.55% over the last month, showed a 9.68% increase in three-month performance and has increased by 16.74% in a year.
DBJP trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.