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DBJP

GradeBNew York Stock Exchange Arca

Xtrackers MSCI Japan Hedged Equity ETF

Countries & Regions · Xtrackers · Inception 2011-06-09 · SEC filings

$116.67−1.59 (−1.34%)

As of Sep 23, 2026, 2:01 PM EDT

Intraday session: down, 19 prints from 118.26 to 116.67. Range 116.46 to 117.73. Use the arrow keys to read each point.$116.50$117.00$117.5010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$715M
1Y return
+39.5%
Yield · Last 12 months
1.20%
Holdings
169
Volume · 30D
0M sh
NAV per share
$115.40
52W range
low $84.31high $119.16

The ETF.net DBJP Grade

B

63/ 100

Rank 10 of 18 in Japan⁠

Confidence Medium

Six-pillar profile for DBJP. Scores out of 100: Cost 76, Risk 57, Mission not scored, Tradability 51, Holdings 51, Durability 63. Strongest: Cost (76). Weakest: Holdings (51). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 76
    Category rank5/18 · top 28%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 57
    Category rank6/18 · top 33%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 51
    Category rank10/18 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 51
    Category rank11/18 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 63
    Category rank9/18 · top 50%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on DBJP

ETF.net Research

BA yen hedge wrapped around the whole Japanese market. DBJP holds a standard MSCI Japan basket of roughly 170 large and mid-cap names and hedges the yen back to dollars, so the currency stops driving the result.

Stated mandate

The Fund passively seeks to track an index representing the Japanese equity market while reducing exposure to movements between the Japanese yen and U.S. dollar.

Why people hold it

  1. 01The hedge is written into the benchmark, not left to a manager's currency call: the fund tracks the MSCI Japan US Dollar Hedged Index and aims to strip out yen versus dollar moves by rule.
  2. 02Costs 0.45% a year, below the median for Japan funds. Not the cheapest shelf in the aisle, but you are not paying a premium for the hedging plumbing.
  3. 03Trading since 2011, which makes it one of the longer-running yen-hedged Japan funds and gives it a record across several very different chapters for the yen.
  4. 04Broad, not boutique: roughly 170 Japanese stocks rather than a handful of exporters, so the portfolio reads as the market itself with the currency taken out.

Worth knowing

  1. 01The hedge cuts both ways. When the yen strengthens against the dollar, you give up the tailwind an unhedged Japan fund would pick up.
  2. 02Cheaper hedged competition exists. Franklin's FLJH runs the same basic idea at 0.09%, a wide gap against DBJP's 0.45% over long holding periods.
  3. 03Thinly traded next to the category's heavyweights, so bid-ask spreads and order size matter more here than with the largest Japan ETFs.

DBJP Holdings

As of Sep 21, 2026, 3:55 PM
Asset class
Stocks
Holdings
169
Top-10 weight
30%
Largest holding
8306.T4.6%

Sectors

  • Industrials22.9%
  • Technology21.5%
  • Financials19.1%
  • Consumer Discr.11.6%
  • Communication9.3%
  • Health Care5.4%
  • Cons. Staples3.5%
  • Materials2.9%
  • Real Estate1.8%
  • Utilities1.0%
  • Energy0.9%

Geography

  • Japan99.95%
  • United States0.05%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 12.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0018306.TMitsubishi UFJ Financial Group4.61%1,428,042$33M155
0027203.TToyota Motor Corp3.43%1,270,465$25M136
0038316.TSumitomo Mitsui Financial Group2.97%487,516$21M135
0046501.THitachi Ltd2.91%590,910$21M163
0058035.TTokyo Electron Ltd2.82%59,564$20M183
0066857.TAdvantest Corp2.80%98,081$20M180
0079984.TSoftBank Group Corp2.80%497,684$20M130
0086098.TRECRUIT HOLDINGS CO LTD2.74%177,091$20M165
0096758.TSony Corp2.57%779,865$18M162
010285A.TKioxia Holdings Corp2.50%51,300$18M142
0118411.TMizuho Financial Group Inc2.36%310,852$17M138
0128058.TMitsubishi Corp1.80%408,573$13M131
0138766.TTokio Marine Holdings Inc1.75%239,813$13M144
0146861.TKeyence Corp1.73%25,298$12M156
0158001.TITOCHU Corp1.53%744,395$11M125

Showing 1–15 of 169 holdings

DBJP Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DBJP$13,955
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DBJP $13,955. SPY $11,723. Use the arrow keys to read each point.$9,170$11,791$14,411Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DBJP. Periods over one year show the average yearly return.
PeriodDBJP
Year to date+26.4%
1 month+3.1%
3 months−0.0%
1 year+39.5%
3 years+27.9%per year
5 years+21.4%per year
10 years+16.7%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DBJP
YearReturn barDBJP
2026 YTD+26.4%
2025+29.6%
2024+25.5%
2023+36.3%
2022−4.2%
2021+13.0%
2020+10.6%

DBJP in the news

ETF.net Research hasn’t filed on DBJP yet — coverage lands here as it’s written.

DBJP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.20%Last 12 months
Payout per share
$1.42Last 12 months
Last payment
$1.40 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 17 payments from 2017 to 2026 YTD. Jun 21, 2017 $0.89; Dec 19, 2017 $0.03; Jun 20, 2018 $1.00; Dec 19, 2018 $0.40; Jun 28, 2019 $1.09; Jun 26, 2020 $1.15; Dec 18, 2020 $0.01; Jun 25, 2021 $1.15; Dec 17, 2021 $0.0099; Jun 24, 2022 $0.37; Dec 16, 2022 $0.02; Jun 23, 2023 $3.08; Dec 15, 2023 $0.16; Jun 21, 2024 $2.12; Jun 20, 2025 $2.64; Dec 19, 2025 $0.02; Jun 18, 2026 $1.40. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 18, 2026Jun 26, 2026$1.40
Dec 19, 2025Dec 29, 2025$0.02
Jun 20, 2025Jun 27, 2025$2.64
Jun 21, 2024Jun 28, 2024$2.12
Dec 15, 2023Dec 22, 2023$0.16
Jun 23, 2023Jun 30, 2023$3.08
Dec 16, 2022Dec 23, 2022$0.02
Jun 24, 2022Jul 1, 2022$0.37
Dec 17, 2021Dec 27, 2021$0.0099
Jun 25, 2021Jul 2, 2021$1.15
Dec 18, 2020Dec 28, 2020$0.01
Jun 26, 2020Jul 6, 2020$1.15

DBJP Risk

How much the fund’s monthly returns vary, scaled to a year.
12.0%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.77
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−21.5%
Trough Aug 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.57
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DBJP Cost

Expense ratio0.45%
  • The middle half of Japan funds
  • Median 0.54%

4 of the 18 Japan funds charge less.

DBJP costs $45.00 a year on $10,000. The median Japan fund costs $54.00.