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DFJvsHEWJETF Comparison

ETF 1

DFJ

WisdomTree Japan SmallCap Dividend Fund

This fund is part of

Japan Blended Cap

-1.62%

Full DFJ fund page

VS

ETF 2

HEWJ

iShares Currency Hedged MSCI Japan ETF

This fund is part of

Japan Blended Cap

-1.62%

Full HEWJ fund page

WisdomTree Japan SmallCap Dividend Fund (DFJ) and iShares Currency Hedged MSCI Japan ETF (HEWJ) belong to the same industry segment: Japan Blended Cap. DFJ's top 3 sector exposures are Industrials, Finance and Non-Energy Materials. In contrast, HEWJ's top sector exposures are Technology, Finance and Industrials. DFJ is less expensive with a Total Expense Ratio (TER) of 0.58%, versus 1.02% for HEWJ. DFJ is up 17.45% year-to-date (YTD) with +$58M in YTD flows. HEWJ performs better with 19.33% YTD performance, and +$26M in YTD flows. Run a side-by-side ETF comparison of DFJ and HEWJ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DFJ vs HEWJ performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	DFJ HEWJ	-4.67%-4.31%	+4.02%-0.76%	+17.45%+19.33%	+25.21%+23.01%	+79.07%+107.10%	+68.31%+150.28%
Flows	DFJ HEWJ	+$6M-$106K	+$40M-$97M	+$58M+$26M	+$63M+$34M	+$90M+$174M	+$77M-$134M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	DFJ HEWJ	+14.75%+16.11%	+18.89%+19.24%	+18.98%+20.67%	+18.22%+19.24%
Max drawdown	DFJ HEWJ	-5.11%-6.56%	-13.93%-10.13%	-14.46%-21.20%	-24.52%-21.20%
Max drawdown duration	DFJ HEWJ	33d24d	156d69d	56d351d	683d351d

Trading data

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	DFJ	HEWJ
Last sale 10/30/2026 at 1:30 PM	$110.83	$62.44
Previous close 10/29/2026	$112.35	$63.98
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	DFJ	HEWJ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/30/2026 at 1:30 PM

Live

Closed

	DFJ	HEWJ
Last price	$110.83	$62.44
1D performance	-1.35%	-2.41%
AuM	$434.62 M	$624.90 M
E/R	0.58%	1.02%

Characteristics

	DFJ	HEWJ
Management strategy	Passive	Passive
Provider	WisdomTree	iShares
Benchmark	WisdomTree Japan SmallCap Dividend Index	MSCI Japan Index
N° of holdings	786	2
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 16, 2006	January 31, 2014
ESG	No	No

More DFJ data on Trackinsight

More HEWJ data on Trackinsight

Exposure

Countries

DFJ

Japan

98.28%

Other

1.72%

HEWJ

Japan

98.97%

Other

1.03%

Sectors

DFJ

Industrials

19.26%

Finance

18.79%

Non-Energy Materi.

18.32%

Technology

11.97%

Consumer Cyclical.

11.32%

Consumer Non-Cycl.

8.7%

Other

11.64%

HEWJ

Technology

24.99%

Finance

20.86%

Industrials

18.21%

Consumer Cyclical.

9.14%

Consumer Non-Cycl.

7.14%

Other

19.66%

Diversification

DFJ

Total weight of top 15 holdings out of 15

8.49%

HEWJ

Total weight of top 2 holdings out of 2

99.91%

Top 15 holdings

Data as of September 30, 2026

DFJ

Daishi Hokuetsu Financial Group, Inc.

0.89%

Chugin Financial Group, Inc.

0.75%

Yamaguchi Financial Group, Inc.

0.62%

Macnica Holdings, Inc.

0.58%

INFRONEER Holdings, Inc.

0.57%

Nishi-Nippon Financial Holdings, Inc.

0.56%

Citizen Watch Co., Ltd.

0.55%

Nippon Shokubai Co., Ltd.

0.52%

EXEDY Corp.

0.52%

Sanki Engineering Co., Ltd.

0.50%

Mitsubishi Materials Corp.

0.49%

Hazama Ando Corp.

0.49%

NSK Ltd.

0.49%

ZEON Corp.

0.49%

NICHIAS Corp.

0.49%

HEWJ

US46434G8226

99.87%

BlackRock Cash Funds - Treasury

0.05%

Frequently asked questions about DFJ and HEWJ

How have the DFJ and HEWJ ETFs performed in 2026?

As of October 30, 2026, DFJ is up 17.45% year-to-date (YTD), while HEWJ has returned 19.33%. That puts HEWJ better performer ahead so far this year.

Which ETF is attracting more investor money: DFJ or HEWJ?

Year-to-date, the DFJ ETF saw +$58M in flows, compared to +$26M for HEWJ.

Which ETF is more volatile: DFJ or HEWJ?

Over the past year, DFJ had a volatility of 18.89%, while HEWJ experienced 19.24%.

Which ETF is bigger: DFJ or HEWJ?

As of October 30, 2026, DFJ holds $434.62 M in assets under management (AUM), while HEWJ manages $624.90 M.

What sectors do the DFJ and HEWJ ETFs invest in?

DFJ leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, HEWJ focuses on Technology, Finance and Industrials.

What are the top holdings of the DFJ ETF and HEWJ ETF?

DFJ top holdings include Daishi Hokuetsu Financial Group, Inc., Chugin Financial Group, Inc. and Yamaguchi Financial Group, Inc.. HEWJ holds in its top three: US46434G8226 and BlackRock Cash Funds - Treasury.

DFJvsHEWJETF Comparison

WisdomTree Japan SmallCap Dividend Fund

iShares Currency Hedged MSCI Japan ETF

DFJ vs HEWJ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the DFJ and HEWJ ETFs performed in 2026?

As of October 30, 2026, DFJ is up 17.45% year-to-date (YTD), while HEWJ has returned 19.33%. That puts HEWJ better performer ahead so far this year.

Which ETF is attracting more investor money: DFJ or HEWJ?

Year-to-date, the DFJ ETF saw +$58M in flows, compared to +$26M for HEWJ.

Which ETF is more volatile: DFJ or HEWJ?

Over the past year, DFJ had a volatility of 18.89%, while HEWJ experienced 19.24%.

Which ETF is bigger: DFJ or HEWJ?

As of October 30, 2026, DFJ holds $434.62 M in assets under management (AUM), while HEWJ manages $624.90 M.

What sectors do the DFJ and HEWJ ETFs invest in?

DFJ leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, HEWJ focuses on Technology, Finance and Industrials.

What are the top holdings of the DFJ ETF and HEWJ ETF?

DFJ top holdings include Daishi Hokuetsu Financial Group, Inc., Chugin Financial Group, Inc. and Yamaguchi Financial Group, Inc.. HEWJ holds in its top three: US46434G8226 and BlackRock Cash Funds - Treasury.

Which ETF is more diversified: DFJ or HEWJ?

DFJ holds 786 securities with 8.49% of its assets in the top 15. HEWJ has 169 securities and a top 15 weight of 99.91%.

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