USD - DXJ: A Great Fund At A Bad Price

2024-04-17 16:52:13 ET

Summary

• The WisdomTree Japan Hedged Equity Fund ETF provides exposure to the Japanese equity market while hedging against fluctuations between the US dollar and the yen.
• Japanese stocks have been performing well, but they may struggle to hold on to their gains as they face resistance at previous all-time highs.
• The collapse in the yen has acted as a tailwind to DXJ, but the BoJ is slowly shifting hawkish while the Fed is shifting dovish.

Japanese stocks have been one of the best investments outside the US in recent years. Funds like the WisdomTree Japan Hedged Equity Fund ETF ( DXJ ) provide exposure without having to worry about Yen movements and expensive hedges. ...

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