DBJP: XTRACKERS MSCI JAPAN HEDGED EQUITY ETF
What this ETF is trying to do
The XTRACKERS MSCI JAPAN HEDGED EQUITY ETF (ticker: DBJP) is an exchange-traded fund designed to provide exposure to the Japanese stock market. It focuses on equity, meaning it invests in shares of companies. This specific fund uses a "hedged" strategy, which is a way to manage how changes in currency values might affect the investment.
What the numbers show
The data shows significant growth in the share price over various timeframes. When looking at the performance, it is important to distinguish between price return (the change in the share price) and total return (which includes both price changes and distributions).
• Year-to-Date (YTD): The price return is approximately 26.39%, while the total return is approximately 27.89%.
• One-Year: The price return was approximately 38.49%, and the total return was approximately 40.17%.
• Three-Year: The price return was approximately 103.61%, while the total return was approximately 120.21%.
• Five-Year: The total return reached approximately 178.85%.
Based on the supplied data, the estimated price from roughly one year ago was $86.39. The current price is $119.64.
Income and distribution explanation
This ETF provides some cash income through distributions. The distribution yield is approximately 1.19%. It is important to remember that a distribution yield tells you how much cash was paid out relative to the price, but it is not the same as your total return.
The fund has an income rating grade of "A" with a score of 83. Over the last 12 months, there were 2 payouts. The distribution frequency is described as "irregular" or "less frequent."
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be a sign of erosion, they are not always the same thing.
The supplied data includes an erosion-risk score of 100, which is labeled as "No price erosion detected." The erosion severity is listed as "good," and there is no severe erosion-risk flag. However, the supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
Top Holdings
The following are the top holdings in the portfolio (note that this is a partial list):
• Mitsubishi UFJ Financial Group Inc: 4.50%
• Toyota Motor Corp: 3.34%
• Sumitomo Mitsui Financial Group Inc: 2.90%
• Hitachi Ltd: 2.84%
• Tokyo Electron Ltd: 2.75%
• Advantest Corp: 2.73%
• Softbank Group Corp: 2.73%
• Recruit Holdings Co Ltd: 2.67%
• Sony Group Corp: 2.51%
• Kioxia Holdings Corp Ordinary Shares: 2.43%
Holdings can change over time. This list was updated on October 7, 2026.
Pros
• Strong historical price returns over one, three, and five-year periods.
• High income rating grade of "A."
• No detected price erosion according to the provided score.
Cons
• The distribution frequency is irregular and less frequent.
• The distribution yield is relatively low compared to the total price growth.
Beginner takeaway
DBJP tracks Japanese equities and has shown strong price growth recently. While it pays out distributions, the total return is driven largely by the increase in the share price itself. Always remember that past performance does not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | MITSUBISHI UFJ FINANCIAL GROUP INC | n/a | 4.50% |
| 2 | TOYOTA MOTOR CORP | n/a | 3.34% |
| 3 | SUMITOMO MITSUI FINANCIAL GROUP INC | n/a | 2.90% |
| 4 | HITACHI LTD | n/a | 2.84% |
| 5 | TOKYO ELECTRON LTD | n/a | 2.75% |
| 6 | ADVANTEST CORP | n/a | 2.73% |
| 7 | SOFTBANK GROUP CORP | n/a | 2.73% |
| 8 | RECRUIT HOLDINGS CO LTD | n/a | 2.67% |
| 9 | SONY GROUP CORP | n/a | 2.51% |
| 10 | KIOXIA HOLDINGS CORP ORDINARY SHARES | n/a | 2.43% |