DXJ
WisdomTree Japan Hedged Equity Fund
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Is the Japanese Equity Trade Hedged Against the Yen a Missed Boat?
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Hi, my method is to find ETFs that are performing well (they have momentum), then buy LEAPS Calls on them at 80-delta or higher. You could read more [here ](https://www.reddit.com/r/InnerCircleInvesting/comments/1o5yt31/the_case_for_momentum_and_etfs_to_play_it/)about why I like ETFs and momentum, and how I find them. I choose 3 ETFs that are doing well and buy LEAPS Calls. Those typically give you 3-4 times leverage to shares. As those Calls appreciate I take profit out of them by rolling UP in strike and resetting back to 80-delta. You might not understand that concept yet, but I could explain it more. That profit goes into 100-120DTE Calls at 80-delta. Those give more like 5-7x leverage, delta-adjusted. I'm doing more than 50% per quarter across 6 accounts using tickers like XBI, XPH, SLV, ECH, EWP, & DXJ. Cut losers and let winners run. But it's not too labor-intensive, as I'm only needing to make a change maybe once a month. Best of luck.
I wasn't doing it that far back. I really only started trading the strategy seriously in about July. But realize that not everything is affected by a downturn/pullback/correction, or whatever you want to call it. I've always had a precious metals allocation (which was gold until October, now silver), and those tend to go up as "markets" go down. Plus I'm buying ETFs based on their 3-month momentum, and those are already outperforming "the market," so it's not like I'm holding SPY, which goes down. And those have tended to be in things like Biotech (XBI), Pharma (XPH), Japan (DXJ), and Chile (ECH). So things maybe not correlated to the US market. Plus, I'm watching my tickers most every day (though weekly would suffice), and taking action when they've been flat for 2 to 4 weeks. All that to say: don't be afraid to try it. A little diversification, picking things that are already going up, and monitoring go a long way toward staving off any trouble. Cheers!
Well this book is solid (it's a pdf): [Options for the Beginner and Beyond,](https://www.r-5.org/files/books/trading/schoolbooks/W_Edward_Olmstead-Options_for_the_Beginner_and_Beyond-EN.pdf) by Professor Olmstead of Northwestern University And just read Chapters 1 through 6, glossing over anything about Puts. That gets you to LEAPS Calls, and you could stop there and become a very successful options trader. Also, I recommend only trading ETFs. 'Normal' ETFs, like XBI or DXJ, but commodities ETFs are okay too. Just not crypto or single-company or leveraged ETFs. Because with the leverage of LEAPS Calls (3 to 4 times, typically), you can make boring old (non-volatile) ETFs quite juicy. And they don't drop big in one day for almost no reason like stocks can. To give you an idea of their power, I've been managing my sister's account since 10/22 in just 3 ETFs (for a little diversity), one of them SLV, and today it has officially *doubled*. Yeah, 10/22 just 3 months and 4 days ago. So put a great deal of effort into learning long Call options (that's all you need) and you'll be handsomely rewarded. Take care.
You're welcome, thanks for letting me know it helped! Have you read a book on options? This one's solid (it's a pdf): [Options for the Beginner and Beyond,](https://www.r-5.org/files/books/trading/schoolbooks/W_Edward_Olmstead-Options_for_the_Beginner_and_Beyond-EN.pdf) by Professor Olmstead of Northwestern University And just read Chapters 1 through 6, skipping any discussion of Puts. That gets you to LEAPS Calls. You could stop there and become a very successful options trader. To give you an idea of *how* successful, I'm trading my sister's account with LEAPS Calls on SLV, PALL, DXJ, & XPH, and it's up 97% in 3 months. LEAPS Calls at 80-delta are VERY powerful. So powerful you don't need to mess with shorter-dated Calls, and certainly not ones closer to the money. Be good.
PPLT has been very good to me since 12/23, so exactly 1 month today. Playing it with Jan '27 Calls at about 80-delta, up over 70% so far. I like the theory of the miners doing well, but don't like individual stocks because of single-issue risk. I like the smoothing that ETFs give. There's not a pure mining ETF for platinum like there is for gold and silver, but AI told me about **PICK** and **PLTU**. PLTU is *way* too choppy, but PICK is nice. Nowhere near as nice as my current favorite **SLV**, but better than my more-normal benchmark ETF right now, **DXJ**. I didn't look into all their holdings, but **PLG** isn't in the top 10. Still, it's smooth enough and going up enough right now that it would be (and might become) a pick for my 3-ETF portfolios. Thanks for the tip!
I have a combination of a few ETFs. FEZ, VEA, DXJ, and VNAM
Yes, you’re asking for an etf. People probably thought UNH was what you describe, until it lost half its market cap last year. The closest on your list is probably WM. Berkshire is probably the closest given its record of recovering from market downturns. Then probably KO, MSFT, and AMZN. If you want different exposures with some stability, look at DXJ and VHT.
2 hours and 22 replies later, and I don't see that you've replied back to anyone. So 1) Like u/gls2220, I'm wondering if this is a joke post, or 2) you're not that serious in wanting feedback. But I'll try nonetheless. If you reply back I can give you more. **Read a book.** I realized you said you don't want to do options anymore, but then you turned around and revenge-traded using options. Options aren't inherently 'good' or 'bad,' but an ill-informed trader is going to suck at whatever they try to do. This book is solid (it's a pdf): [Options for the Beginner and Beyond,](https://www.r-5.org/files/books/trading/schoolbooks/W_Edward_Olmstead-Options_for_the_Beginner_and_Beyond-EN.pdf) by Professor Olmstead of Northwestern University Just read through Chapter 6, which gets you to LEAPS options. Ignore anything about Puts. You could stop there and become a very successful options trader. **Don't buy OTM Call options.** ***Ever.*** I mean it. (Unless it's part of a strategy, but you're not there yet.) **Prefer ETFs over stocks.** They're smoother and not subject to painful one-day drops. **Avoid crap/memes/crypto.** **Buy into strength.** Follow the trend, ride the wave, whatever you want to call it, buy things that are going up. That tailwind will help you be successful. My honest, heart-felt advice to you, that I'd give my own son or daughter, starts with **selling all those options**. Then read just the first 52 pages of that book. Should take just a couple hours. Find some ETFs that are going up (here are 2 I like: DXJ, ECH) Go to [OptionStrat.com](http://OptionStrat.com) and model 80-delta 1-year out LEAPS Calls on them. Sell a Call against them, but only if you're familiar with Covered Calls. (Chapter 14 if you're not.) Does your broker have paper-trading functionality? Practice a bunch of trades. And I mean a *bunch*: put on 10-12 trades a week and manage them for at least 2 months. At *least* 2 months! Then start trading with real money. Not all of it, and pick conservative tickers. Take care.
Haha, you're following me pretty closely, aren't you! That's great that XBI has done so well for you! What is that $2,392 as a percentage of the purchase price? I'm still in **XBI**, and **XPH**. **DXJ** is in my "3-ETF Portfolio" on TIC, is that where you saw it? I'm not in it with real money, only because I was in XBI, XPH, and **SLV** already when I started that journey, and I didn't want to use silver for that sub, because it's not like a normal ETF, a basket of companies. Have you read how I take profits? I roll them UP in the same expiration and reset to my preferred Delta. For the longest time that was 80-delta, but someone here talked me into 90-delta, so I did that for a while, but now I'm back to 80. I say that in case you saw me say 90 somewhere. Anyway, your 88Cs are at 91-delta according to ThinkorSwim. I'd be rolling those UP to the **102C** at 80-delta. Midpoint for the 88's is 41.52. Midpoint for the 102's is 31.40. Selling the one and buying the other would net you 10.12, or $1,012 per contract. And feel free to ask for more when you set up the rolling trade: sometimes they'll give you a nickel better, or at least a couple cents. Now you're still long an 80-delta LEAPS Call, but have a thousand bucks in your pocket to do something else with. This may be riskier than you're comfortable with, but I take that "house money" and buy 80-delta Calls **100-120DTE**. They cost less than LEAPS, so you get more leverage. And if you lose some of that money, so what? Or just put it toward more LEAPS Calls, in the same ticker or something else. All 3 of those do have good momentum still, don't they? You may have a website or something you like to use for charting, but I discovered [StockAnalysis.com](http://StockAnalysis.com) from someone here, and I love how quickly I can build an easy-to-read chart and then monkey with the timeframes. Here's these 3 on a 6-month view: [XBI, XPH, & DXJ](https://imgur.com/a/PnzB8tj) I'll look at a chart like that at least once a week, checking that the trends are still intact. These are fine, but if they start looking like they're flattening out I'll drill down to 3 months and then 1 month. My line in the sand is if the thing is worth today what it was 1 month ago (so 0% gain for the month), I get out of it. I've had to do that with one, and another one I got out after just 2 weeks of being flat. So tweak those ideas to your own risk-aversion, but have some criteria for getting out. Great to hear from you! again Let me know what you think of these ideas. Mike
Hey TheInkDon1, I spoke with you before on a separate account I think about XBI. I am currently up $2,392 from (2) XBI $88 Calls expiring 1/15/27. Pretty amazing gains so far. I wanted to ask how your calls are doing, and if you have already rolled them up/sold. It seems XBI will continue climbing up (for now at least). I also have long-term calls for DXJ and XPH currently.
Hi, instead of trying to predict, have you thought of looking at charts to find what's currently doing well? Barchart is a good place to screen ETFs, and [this ](https://imgur.com/a/screening-etfs-on-barchart-zLCc55F)is how I do it. Silver is doing really well right now. Play it with SLV, or the miners SIL & SILJ. DXJ is a good one too.
My best advice: don't think of options as something you "do" that you need to find high-IV underlyings for. Use them as the tools they are. Express your long (or short) thesis with simple Calls (or Puts) that you buy. LEAPS Calls at 80-delta or higher are *stock substitutes*. Then sell 'covered' Calls against them if you want. The Poor Man's Covered Call. Another thing: **ETFs are safer than stocks.** And with the leverage of LEAPS Calls, you can get some pretty spiffy returns. I'm in SLV, XBI, XPH, & DXJ right now. Good luck.
GLD followed by CXSE, VXUS and DXJ Put a aubstantial amount of my portfolio in these ETFs from Oct'24 to Jan'25
I said something about Japan ETFs > gold ETFs mins ago. Gold is great...but feels due fair correction soon. But, Japan ETF I hold is DXJ. It just keeps ticking (down 1%+ today, but whatev) You ain't rich quick on it. But buy, add, and park. Thing's great. P.s., I have zero ties to Japan and have never been there. But if I do, I wanna see those snow monkeys that have a hot tub.
If you buy in a taxable they will be labeled ADR’s and you claim foreign tax credit when doing your taxes, some give dividends some don’t. If you like certain companies go ahead and buy stock in it, like Mitsubishi heavy like you mentioned or Nintendo or Toyota or other various Japanese companies. I don’t hold any in taxable but hold EWJ, EWJV and DXJ in my IRA.
GREK (up 52.6% over past year), ARGT (up 29.8% over year) , DXJ (up 19.3% over yea), and EUFN (up 45.2% over year). These all perform fairly well over past year and past 5 years.
You definitely want to use ETFs. No more than 10% in stocks. I'd suggest using QQQ for the most part. Maybe some SMH and IBIT. Maybe some GREK, ARGT, DXJ, for international diversification.
You’re incorrect. They are in effect, and have been since April. Anyone who’s worked with suppliers can confirm that. A court ruled it was illegal back in May, but then a stay was announced on that decision, so they’re continuing to collect it while it works its way through the courts. The tariffs that he paused were “reciprocal” based on how much we import from them, but not the universal 10% tariff. [source](https://www.wsj.com/economy/trade/trump-tariffs-countries-trade-explained-7f826419?gaa_at=eafs&gaa_n=ASWzDAgXrpowuGTG06vE6LdyG9u3Qkx8Z4OXwu79EflwwDhyjJ9L3jxehETFLgj4dEw%3D&gaa_ts=688a9ba7&gaa_sig=SSK6VbTs7_yOtzwE-JPFmO-Mm6tGF93IA6Fg4cjG9uNnmbnzf3Bc3DXJ4EmYFNqUyWz9C9Zwt1ZJ9B1CzdkQGQ%3D%3D) [source](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/#:~:text=The%20so%2Dcalled%20reciprocal%20tariffs,balance%20with%20the%20United%20States)
Build an ETF portfolio. Use QQQ is the biggest share of your core portfolio. Pick a few other index funds. Get some foreign exposure too (DXJ is good choice).
I've been doing this strategy for about 2 years 70% TECL 30% low volatility ETFs; SVOL, DXJ, LVHI. With the goal of if the market does crash the low volatility stocks shouldn't crash much or at least 3x less than TECL. This allowed me to sell most of my low volatility ETFs and buy TECL at the super low $42 ! I've since sold some TECL and I'm at an 80/20 mix. If I never sell/convert into other ETFs I won't have any money to buy the next dip lol
CNBC has Blackstone's COO on, and he mentioned how their firm is looking at Japan. I agree with him since I got into EWJV recently. I had DXJ for a while, made a good run, but sold it in February when it flatline and uncertainty picked up. I am taking a chance on WJRYY, Japan West Railway, an OTC since it's a foreign company. Japanese companies and ETFs have seen less downturn during the volatility, and I feel like they will stay under the radar to an extent with the tariff and political nonsense. Let alone how they have a global expo in Osaka where Japan West Railway operates, and to me it's a country that could see a good breakout. Long term the population is a problem, but they have plenty of great global companies and appeal abroad.
You have chatgpt yet? If not, get it. It's as easy as asking it "Japanese stock etfs". 1. iShares MSCI Japan ETF (EWJ) Issuer: BlackRock Benchmark: MSCI Japan Index Exposure: Large- and mid-cap Japanese companies Expense Ratio: 0.50% Liquidity: Very liquid and popular among U.S. investors 2. WisdomTree Japan Hedged Equity Fund (DXJ) Focus: Japanese equities while hedging against currency risk (JPY/USD) Good for: Investors concerned about the yen weakening against the dollar Expense Ratio: 0.48% 3. Franklin FTSE Japan ETF (FLJP) Low-Cost Option Expense Ratio: 0.09% Tracks: FTSE Japan Capped Index Appeals to: Cost-conscious investors 4. iShares JPX-Nikkei 400 ETF (JPXN) Benchmark: JPX-Nikkei 400 Index Focus: Quality Japanese companies based on return on equity, operating profit, etc. Expense Ratio: 0.48% 5. MAXIS Nikkei 225 ETF (Tokyo-listed, Ticker: 1346.T) For Japan-based investors Tracks: Nikkei 225 Index Currency: Yen-denominated, available on the Tokyo Stock Exchange
Japan is trying to prop their currency up and we are trying to devalue our currency why you need a hedge? DXJ hedges against devaluation of the Yen vs the Dollar not the other way around.
this wouldn't be an issue for DXJ since its hedged,correct?
I diversify with vxus alongside regional etfs inside my Roth IRA. Mexico EWW, Canada EWC, Japan DXJ and EWJ, Finland EFNL, Poland EPOL, Argentina ARGT, India INDA and EPI. Been with these for three years now. India is down a bit past few months though but I’m holding until retirement. I’d check out some of the different regional ETFs, there’s several of different countries with different specifics.
I'm long on Japanese stocks. I held through the craziness in August and bought the dip. You may be right that the carry trade will implode again, but i think it will just recover again. Personally I think Japanese equities are a good long term play. I have some DXJ (currency hedged Japanese etf), HMC and SMFG. The carry trade piece is just noise and only has short term impacts. The unwinding of the carry trade is just de-leveraging, not real price discovery. It's why it bounced back so quickly. Especially with the expected tariffs coming, Japan is positioned really well. Japanese stocks are also much cheaper. For example, DXJ has a P/E ratio of 12.5, Price/Book Ratio of 1.15, and price/Cash Flow ratio or 8.1, compared to SPY with ratios of 27, 4.6, and 18.6. DXJ also has almost double the dividend yield (2.36% vs 1.23%). So personally I'm really bullish on Japanese equities long term, even if that means some massive dips along the way. I'll just buy more if it dips again.
You run some FX risk though unless you do something currency hedged like a DXJ I guess I like that. A bit expensive on fees but not the end
Look what DXJ did that day.
Wisdom Tree DXJ is the only way that I would do japan country fund. IMO there index methodology is unique and superior. Also currency hedged for americans which is necessary. But I can tell you from having lived/working in Japan for many years, and fluent in language at business level, that you can't understand japan market from data on internet. You can't crystal the BoJ. Fair warning.
So trading in my VXUS for DXJ was a bad idea or no. Its “hedged” so it’s fine right or
Real good time to get in on the Nikkei. I bought some DXJ.
Hey guys I’m wondering between two ETF’s to buy CHAT and DXJ, I have done my research on them but I would like another POV and opinion before buying one, which one do you think is best?
Is there an unhedged version of $DXJ? I looked quickly but couldn’t find any.
up 20% with the DXJ since april i think?
Just checked out DXJ and you are right. Why does hedging out the yen depreciating increase return?
I feel like you have to hedge against currency if you're gonna invest in Japan. I like $DXJ
DXJ is the move … Japan looking to be number 3 in GDP
Tips and critique welcome- where is the overlap Hello! I’m new to investing and am still playing with my strategy. I’m interested in a set and forget approach and contribute equally to each position held. Initially I had planned on having a position in each sector of market; industrial, commodity, consumer, financial and utilities. I think I might be overthinking my spread a bit and have developed some overlap. I’d appreciate any critique or tips to help tighten my portfolio. CALM 2.51 CWCO 5.11 DXJ 0.11 RIO 2.41 SCHD 2.07 VFH .25 VIS .44 VOO .76 VST 2.05
This is why I'm buying DXJ. Currency fluctuation hedged Japanese ETF.
What works is never bad advice. I’d love to be able to invest in lots of different equities and see the same kinds of returns the S&P 500 produces but that just doesn’t happen. I have to go with what works and S&P 500 index investing works. There are some index ETFs I am watching though that have done pretty well versus the S&P 500 over the past five years. * DXJ * SPMO * VONG
It's ok to hold individual stocks and can make a better return this way. You do have to research and not treat it like gambling, but it is possible. My brokerage is currently 35% VOO, 35% QQQ, 10% DXJ, 10% Individual stocks, 5% bitcoin and 5% ethereum. Most of my stocks have been winners. Only 3 stocks in the last 3 yrs have lost me money.
My DXJ is only beating the SP500 200% this year. 👌
Pls do. Need me DXJ to go higher.
The prices for Japanese listed companies are also so cheap right now compared to US equity markets. I think this is a big reason for Buffet's increase in Japanese holdings is that the valuations are MUCH cheaper. For example, I hold DXJ which is a currency hedged fund of Japan listed equities. Here are a few valuation metrics of the fund: PE Ratio: 13.42 Price/Book Ratio: 1.22 Price/Sales: 0.84 Price/Cash Flow: 8.65 Trailing 12 month dividend yield: 3.13% Compare this to SPY (S&P 500 ETF) PE Ratio: 24.15 Price/Book Ratio: 4.21 Price/Sales: 2.73 Price/Cash Flow: 16.52 Trailing 12 month dividend yield: 1.37%
VONG is fine but there many other choices to play the big cap advantage in a high interest environment. Check out SPMO and MGK among many others. As for DXJ, that one is obvious. It's clearly the cream of the non-US crop in this environment.
WTF Japan!?! 🇯🇵 DXJ I thought you were in recession? 🔥
You can play Nikkei 🇯🇵 w/ $DXJ.. but too high imo 
I have this itch to sell the VT shares in my Roth IRA (approx 6% of the portfolio, and pretty redundant with the other 94%) and put that money into EWJ or DXJ. “Somebody stop me!”
Define "international stocks". DXJ/Japan has done awesome. If you are talking about some broad international ETF, it is probably because that ETF is heavy with Chinese stocks, which have been mostly piles of poo for years.
I'm curious about the BOJ. I hold DXJ, which I like, but it has been flat during this month's market rally. Granted, it's based on Japan and not exclusively in the U.S. market, but normally that ETF goes up when the overall market is going up. Not this time, but likely due to concerns with the BOJ or Japan's economy.
> So my question is, what am I missing? Nothing. You (and I) will get downvoted by those people who can't read a chart. There are non-US funds that can make sense to invest in now, but broad international funds have been a disaster for a decade, and will remain so as long as China greatly underperforms not just the US but also the rest of the world. Look into DXJ, EWZ and IMFL if you want to diversify internationally.
For starters, just go with the other two, but then also monitor other ETFs and stocks to see if you want to have anything else. XLK is an infotech ETF. IGV covers AI leadership software stocks. DXJ covers the Japanese market. SMH is semiconductors. Make yourself a play money portfolio of other things that might interest you, and if ever you decide they earn a place with the other two, go ahead and add them. Same with individual stocks.
Most the time I've been investing £200 in vanguard's S&P 500 index fund since 2016 until this year when I started branching out. If the 95% of fund managers who professionally pick stocks can't beat the index, just buy the index - it's low fee anyway. If you want some funds to start looking at: - VUAG, likely to dip in the next 12 months, wait for it and buy on a discount - DXJ, good buy for the next 6-12 months - SPHD if you want low risk dividends with no growth - MYI is similar to the above but more global A lot of tech stocks are in a bubble currently distorting the market, due to AI hype. Anyway, I'm a slowboat investor and I don't plan to be rich I only want to be able to buy a house like my parents did. My capital has performed well and I'm hoping to buy the dip on the housing market in UK. As long as your equities grow in value faster than Inflation, your doing great.
Well ,you're doing something wrong ,, I've made 1100% in 7 years . not aping .not meming .. MPC is my biggest winning option , up 450% or so in 15 months . CAVA. SCHWAB. AMZN ,,DXJ, INDA are your free picks
DXJ [DXJ](https://finance.yahoo.com/quote/DXJ/)
https://en.m.wikipedia.org/wiki/Category:Holding_companies_of_Japan DXJ is also a v good broad ETF if you’re interested in another way to get some exposure
Yes I own Japan ETF DXJ. No I have no idea why Japan is mooning.
DXJ That guy said Japan is doomed.
I have 10% of my retirement in DXJ / Japan because I believe the future is technology
Why DXJ... it just feels kinda random And given the 10% TSLA and 9% COIN, it didn't suprise me you like crypto
Stock CVX, SHEL, F, AXP, WM, IRM ETFs, no idea why other than a feeling or maybe I just love Japan but FLJP and DXJ with more going into DXJ
While EWJ has decent options liquidity in the shorter dated options, the ETF does have currency exposure to JPY. In a bullish equity environment, JPY tends to be weak which will erode the P&L of EWJ returns (e.g. YTD EWJ +2.5% USD vs NKY +7% JPY). Just another return driver to consider when implementing views with EWJ. If you prefer a hedged ETF, can try DXJ but the options are not as liquid.