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Launched · SEC filings

Xtrackers MSCI Japan Hedged Equity ETF

DBJPNYSE ArcaXtrackersB

$111.72+0.32 (+0.29%)

As of Nov 2, 2026, 3:59 PM ET

B63/ 100

Rank 9 of 18 in Japan

B63/100Rank 9 of 18inJapan
Intraday session: up, 79 prints from 111.40 to 111.72. Range 111.67 to 112.75. Use the arrow keys to read each point.112.00112.25112.50112.7510 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$710M
1Y total return
+21.8%
Yield · Last 12 months
1.28%
Holdings
169
Avg volume · 30D
32.3K sh
52W range
low $89.64high $120.45
Launched
Filings
SEC EDGAR

The ETF.net DBJP Grade

Based on 5 of 6 pillars

B

Score 63 out of 100

Category
Japan⁠
Rank
9 of 18
Six-pillar profile for DBJP. Scores out of 100: Cost 76, Risk 52, Mission not scored, Tradability 57, Holdings 53, Durability 65. Strongest: Cost (76). Weakest: Risk (52). Based on 5 of 6 pillars.

Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A76 out of 100
    Rank 5 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C52 out of 100
    Rank 8 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B57 out of 100
    Rank 8 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 10 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B65 out of 100
    Rank 7 of 18

Our read on DBJP

ETF.net Research

In short

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

  • The 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.
  • Costs 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.
  • Trading 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.
  • Broad, 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

  • The hedge cuts both ways. When the yen strengthens against the dollar, you give up the tailwind an unhedged Japan fund would pick up.
  • Cheaper 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.
  • Thinly traded next to the category's heavyweights, so bid-ask spreads and order size matter more here than with the largest Japan ETFs.

DBJP Performance

Launched Jun 9, 2011

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

DBJP$12,183
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. DBJP $12,183. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+18.7%
1 month−4.8%
3 months−0.3%
1 year+21.8%
3 yearsper year+26.1%
5 yearsper year+20.4%
10 yearsper year+15.6%

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+18.7%
2025+29.6%
2024+25.5%
2023+36.3%
2022−4.2%
2021+13.0%
2020+10.6%

DBJP in the news

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 Oct 30, 2026.
1.28%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

See all 28 payments⁠

$10,000 in DBJP 10 years ago paid $4,717 in dividends.⁠

DBJP Risk

Risk pillarC52 out of 100Rank 8 of 18 in Japan
How much the fund’s monthly returns vary, scaled to a year.
12.6%
Annualised · 36 months to Oct 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.
1.56
vs 3-month T-bills · to Oct 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.

FMP measures it over up to five years of monthly returns.

DBJP Cost

Compare DBJP and FLJP

Overpaying vs FLJP, tied cheapest in Japan

$7,143

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DBJP 0.45%

    $9,041

  • FLJP 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • DBJP 0.45%
  • FLJP 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530DBJP $9,041FLJP $1,898

Year by year

YearDBJPFLJPOverpaying
10$812$165$647
20$3,128$646$2,482
30$9,041$1,898$7,143

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