If the Japanese yen continues to depreciate against the U.S. dollar, investors may also consider currency-hedged ETFs, such as the WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) or db X-trackers MSCI Japan Hedged Equity Fund (NYSEArca: DBJP). Both hedged-equity ETFs try to negate the negative effects of a weaker yen currency on returns and can outperform a non-hedged Japan ETF when the yen depreciates. DXJ is down 4.6% year-to-date and DBJP is down 6.5% year-to-date. [Positive Technical Signs for Big Japan ETF]
iShares MSCI Japan ETF
For more information on Japan, visit our Japan category.