Xtrackers Msci Japan Etf Profile
| DBJP Etf | USD 72.49 0.85 1.19% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Xtrackers MSCI is selling at 72.49 as of the 23rd of April 2024; that is 1.19% increase since the beginning of the trading day. The etf's last reported lowest price was 72.02. Xtrackers MSCI has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Xtrackers MSCI Japan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund, using a passive or indexing investment approach, seeks investment results that correspond generally to the performance, of the underlying index, which is designed to track the performance of the Japanese equity market while mitigating exposure to fluctuations between the value of the U.S. More on Xtrackers MSCI Japan
Moving together with Xtrackers Etf
| 0.92 | EWJ | iShares MSCI Japan | PairCorr |
| 0.93 | BBJP | JPMorgan BetaBuilders | PairCorr |
| 0.99 | DXJ | WisdomTree Japan Hedged | PairCorr |
| 0.93 | FLJP | Franklin FTSE Japan | PairCorr |
| 1.0 | HEWJ | iShares Currency Hedged | PairCorr |
| 0.85 | DFJ | WisdomTree Japan SmallCap | PairCorr |
Xtrackers Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Xtrackers MSCI's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers MSCI or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Name | DBX ETF Trust - Xtrackers MSCI Japan Hedged Equity ETF |
| Business Concentration | Target Risk ETFs, Strategy ETFs, Japan Stock, Xtrackers (View all Sectors) |
| Issuer | DWS |
| Inception Date | 2011-06-09 |
| Benchmark | MSCI Japan US Dollar Hedged Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 380.32 Million |
| Average Trading Valume | 35,939.5 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Target Risk |
| Market Concentration | Developed Markets |
| Region | Asia-Pacific |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | DBX Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Bryan Richards, Patrick Dwyer, Navid Sohrabi, Shlomo Bassous, Charlotte Cipolletti |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 238 |
| Market Maker | Virtu Financial |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 15.47 |
| Name | Xtrackers MSCI Japan Hedged Equity ETF |
| Currency Code | USD |
| Open Figi | BBG001QVXFK8 |
| 200 Day M A | 63.9359 |
| 50 Day M A | 72.436 |
| Code | DBJP |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
| In Threey Volatility | 12.89 |
Xtrackers MSCI Japan [DBJP] is traded in USA and was established 2011-06-09. The fund is listed under Japan Stock category and is part of Xtrackers family. The entity is thematically classified as Target Risk ETFs. Xtrackers MSCI Japan currently have 199.55 M in assets under management (AUM). , while the total return for the last 3 years was 16.6%.
Check Xtrackers MSCI Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Xtrackers Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Xtrackers Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Xtrackers MSCI Japan Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Xtrackers MSCI Japan Currency Exposure
Xtrackers MSCI Japan holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Xtrackers MSCI will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Xtrackers MSCI Japan.
Top Xtrackers MSCI Japan Etf Constituents
| FANUF | Fanuc | Pink Sheet | Specialty Industrial Machinery |
| HNDAF | Honda Motor Co | Pink Sheet | Auto Manufacturers |
| JAPAF | Japan Tobacco | Pink Sheet | Tobacco |
| KDDIF | KDDI Corp | Pink Sheet | Telecom Services |
| KYCCF | Keyence | Pink Sheet | Scientific & Technical Instruments |
| MBFJF | Mitsubishi UFJ Financial | Pink Sheet | Banks—Diversified |
| MZHOF | Mizuho Financial Group | Pink Sheet | Banks—Regional |
Xtrackers MSCI Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Xtrackers MSCI jumping above the current price in 90 days from now is about 31.87%. The Xtrackers MSCI Japan probability density function shows the probability of Xtrackers MSCI etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Xtrackers MSCI has a beta of 0.5676 suggesting as returns on the market go up, Xtrackers MSCI average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xtrackers MSCI Japan will be expected to be much smaller as well. Additionally, xtrackers MSCI Japan has an alpha of 0.0698, implying that it can generate a 0.0698 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Xtrackers MSCI to move above the current price in 90 days from now is about 31.87 (This Xtrackers MSCI Japan probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .
Xtrackers MSCI Top Holders
| MCRO | IndexIQ | Etf | World Allocation |
| LCAIX | Lazard Capital Allocator | Mutual Fund | Tactical Allocation |
| LCAOX | Lazard Capital Allocator | Mutual Fund | Tactical Allocation |
| QAI | IQ Hedge Multi Strategy | Etf | Multistrategy |
Xtrackers MSCI Japan Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers MSCI market risk premium is the additional return an investor will receive from holding Xtrackers MSCI long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Xtrackers MSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Xtrackers MSCI's alpha and beta are two of the key measurements used to evaluate Xtrackers MSCI's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | 0.0698 | |||
| Total Risk Alpha | 0.0084 | |||
| Sortino Ratio | 0.0424 |
Xtrackers MSCI Against Markets
Picking the right benchmark for Xtrackers MSCI etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Xtrackers MSCI etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Xtrackers MSCI is critical whether you are bullish or bearish towards Xtrackers MSCI Japan at a given time. Please also check how Xtrackers MSCI's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Xtrackers MSCI without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Xtrackers Etf?
Before investing in Xtrackers MSCI, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Xtrackers MSCI. To buy Xtrackers MSCI etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers MSCI. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Xtrackers MSCI etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Xtrackers MSCI Japan etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Xtrackers MSCI Japan etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Xtrackers MSCI Japan, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Xtrackers Etf please use our How to Invest in Xtrackers MSCI guide.
Already Invested in Xtrackers MSCI Japan?
The danger of trading Xtrackers MSCI Japan is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Xtrackers MSCI is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Xtrackers MSCI. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers MSCI Japan is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Xtrackers MSCI Japan is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Xtrackers Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Xtrackers Msci Japan Etf. Highlighted below are key reports to facilitate an investment decision about Xtrackers Msci Japan Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Xtrackers MSCI Japan. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Xtrackers MSCI Japan is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers MSCI's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xtrackers MSCI's market value can be influenced by many factors that don't directly affect Xtrackers MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xtrackers MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.