From a portfolio composition standpoint the two ETFs look somewhat different at least in the top five holdings. EWJ’s top five rounds out: (Toyota Motor 6.12%, Mitsubishi UFJ Financial Group 3.07%, Honda Motor Co 2.61%, Sumitomo Mitsui Financial Group 2.35%, and Mizuho Financial Group Inc. 2.19%) while DXJ top weightings are Mitsubishi UFJ Financial Group 5.49%, Takeda Pharmaceutical Co. 5.11%, Canon Inc. 4.67%, Honda Motor Co. 4.09%, and Mitsui and Company Ltd. 3.41%.
Other ETFs that will likely also see action as investors continue to migrate back into Japan equity investments from an exposure standpoint include DFJ (WisdomTree Japan Small Cap Dividend, Expense Ratio 0.58%), NKY (MAXIS Nikkei 225, Expense Ratio 0.50%), ITF (iShares S&P/TOPIX 150, Expense Ratio 0.50%), and JSC (SPDR Russell/Nomura Small Cap Japan, Expense Ratio 0.55%).
WisdomTree Japan Hedged Equity
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