DBJP ISSUER
The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) is managed by DWS Group and utilizes a passive indexing approach to seek investment results that correspond to the performance of the MSCI Japan US Dollar Hedged Index. The fund aims to track the Japanese equity market while mitigating the impact of currency fluctuations between the US dollar and the Japanese yen. DBJP follows a full replication indexing strategy, directly investing in the component securities of the index in similar weightings. In cases where acquiring specific component securities is not feasible, the fund may use a representative sampling indexing strategy. As of July 31, 2022, the MSCI Japan US Dollar Hedged Index consisted of 238 securities, with a focus on Japanese issuers. The fund's investments may concentrate in specific sectors in line with the composition of the index, which includes industrials and consumer discretionary sectors. Additionally, DBJP may use derivative instruments like forward currency contracts to manage currency exposure and engage in securities lending to enhance returns. Please note that this fund is not sponsored, endorsed, issued, sold, or promoted by MSCI.
DBJP DIVIDEND
The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) offers a unique approach to dividend distribution. DBJP focuses on Japanese equities while also hedging against currency fluctuations. Dividend eligibility within this ETF is determined by the dividend policies of the underlying Japanese companies, which can vary widely. Typically, dividends are distributed semi-annually, in line with the Japanese market's practices. Investors seeking exposure to Japanese stocks with the added benefit of currency hedging may consider DBJP for potential dividend income.
DBJP TRACKING
Tracking the Japanese Equity Market with Precision The Xtrackers MSCI Japan Hedged Equity ETF, with the ticker symbol DBJP, is focused on precisely tracking the performance of the Japanese equity market while mitigating currency fluctuations between the US dollar and the Japanese yen. DBJP employs a passive indexing approach, primarily investing in a full replication strategy to mirror the constituent securities of the Underlying Index, which includes 238 securities as of July 31, 2022, with an average market capitalization of approximately $13.45 billion. The ETF's portfolio is designed to reflect the industry weightings and characteristics of the Underlying Index, which can lead to concentration in specific sectors such as industrials and consumer discretionary. To manage currency exposure, the fund uses a combination of currency hedging instruments, ensuring investors can gain pure exposure to Japanese equities. Additionally, DBJP may engage in securities lending and derivatives use but strictly for hedging purposes and not for speculative activities. As such, DBJP offers a convenient and effective way for investors to access the Japanese equity market while minimizing currency risks and maximizing tracking accuracy.
DBJP CORRELATION
The correlation aspect of the Xtrackers MSCI Japan Hedged Equity ETF (DBJP) is primarily influenced by its investment strategy, which seeks to track the performance of the Japanese equity market while mitigating exposure to fluctuations between the value of the US dollar and the Japanese yen. Given its focus on Japanese equities, DBJP's correlation with the Japanese stock market is expected to be quite strong, making it an effective tool for investors looking to gain exposure to Japan while managing currency risk. Investors interested in understanding DBJP's correlations with other assets and sectors can utilize our tool, ETF Insider. Our web app offers a comprehensive analysis of correlations and provides deep insights into the ETF's behavior, helping investors make informed decisions and identify potential overlaps with their investment strategies.
DBJP SECTOR
The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) primarily focuses on the Japanese equity market while mitigating exposure to fluctuations between the value of the US dollar and the Japanese yen. The fund's investment strategy involves investing directly in component securities of the MSCI Japan 100% Hedged to USD Index, which includes a diverse range of Japanese companies. The fund hedges its currency exposure, making it suitable for investors seeking exposure to Japanese equities while minimizing the impact of currency fluctuations. As of July 31, 2022, the Underlying Index consisted of 238 securities, with a significant presence in the industrials and consumer discretionary sectors, reflecting the diversity of Japanese industries.
DBJP EXPOSURE
The Deutsche X-trackers MSCI Japan Hedged Equity ETF (DBJP) provides investors with exposure to the Japanese equity market while mitigating currency risk through its currency-hedging strategy. The fund tracks the performance of the MSCI Japan US Dollar Hedged Index, which includes large and mid-cap Japanese companies while hedging against fluctuations in the value of the Japanese yen. DBJP's exposure is particularly appealing for investors seeking to access Japanese stocks while minimizing the impact of currency movements on their returns.For a comprehensive analysis of DBJP's exposure, investors can leverage the ETF Insider web app. This tool offers in-depth data and visualizations, including insights into sector allocations, geographic breakdowns, and correlations with other assets. With ETF Insider, users can make informed investment decisions by understanding the nuances of DBJP's exposure within the context of their broader portfolio strategies.