Core Viewpoint - The First Trust Japan AlphaDEX ETF (FJP) is a smart beta ETF that aims to provide broad exposure to the Asia-Pacific (Developed) ETFs market, utilizing a unique stock selection methodology to potentially outperform traditional market cap weighted indexes [1][5]. Fund Overview - Launched on April 18, 2011, FJP has accumulated over $202.58 million in assets, categorizing it as an average-sized ETF in its segment [5]. - The fund is managed by First Trust Advisors and seeks to match the performance of the NASDAQ AlphaDEX Japan Index, which employs the AlphaDEX stock selection methodology [5]. Cost Structure - FJP has an annual operating expense ratio of 0.80%, making it one of the more expensive options in the ETF space [6]. - The fund's 12-month trailing dividend yield is reported at 2.16% [6]. Holdings and Sector Exposure - The top holding in FJP is Subaru Corporation (7270.JP), accounting for approximately 1.83% of total assets, followed by Sugi Holdings Co., Ltd. and Central Japan Railway Company [7]. - The top 10 holdings collectively represent about 17.54% of the fund's total assets under management [8]. Performance Metrics - As of September 10, 2025, FJP has gained approximately 29.42% year-to-date and 29.15% over the past year [9]. - The ETF has traded within a range of $47.79 to $67.08 over the last 52 weeks [9]. - FJP has a beta of 0.58 and a standard deviation of 20.36% over the trailing three-year period, indicating a medium risk profile [10]. Alternatives - Other ETFs in the Asia-Pacific (Developed) segment include JPMorgan BetaBuilders Japan ETF (BBJP) and iShares MSCI Japan ETF (EWJ), with assets of $14.11 billion and $15.51 billion respectively [12]. - BBJP has a lower expense ratio of 0.19%, while EWJ charges 0.50%, presenting cheaper alternatives for investors [12].

Core Insights - The WisdomTree Japan SmallCap Dividend ETF (DFJ) offers investors exposure to small-cap dividend-paying companies in Japan, with a focus on smart beta strategies aimed at outperforming traditional market-cap weighted indexes [1][5][10] Fund Overview - DFJ was launched on June 16, 2006, and has accumulated over $320.9 million in assets, positioning it as an average-sized ETF within the Asia-Pacific (Developed) ETFs category [1][5] - The fund seeks to replicate the performance of the WisdomTree Japan SmallCap Dividend Index, which includes small-cap companies that pay dividends [5] Cost Structure - DFJ has an annual operating expense ratio of 0.58%, which is competitive within its peer group [6] - The fund's 12-month trailing dividend yield stands at 2.26% [6] Holdings and Sector Exposure - The fund's assets are primarily denominated in US Dollars (71.72%), with significant holdings in Japanese Yen and Toyo Tire Co [7] - DFJ's top 10 holdings account for approximately 104.37% of its total assets, indicating a concentrated investment strategy [7] Performance Metrics - DFJ has experienced a year-to-date gain of 25.26% and a 19.63% increase over the past year, with trading prices ranging from $70.93 to $93.98 in the last 52 weeks [8] - The fund has a beta of 0.41 and a standard deviation of 15.67% over the trailing three-year period, categorizing it as a medium-risk investment [9] Competitive Landscape - Alternatives to DFJ include the JPMorgan BetaBuilders Japan ETF (BBJP) and the iShares MSCI Japan ETF (EWJ), which have significantly larger asset bases of $13.96 billion and $15.65 billion, respectively [11] - BBJP has a lower expense ratio of 0.19%, while EWJ charges 0.50%, making them potentially more attractive options for cost-conscious investors [11]

Core Insights - The WisdomTree Japan Hedged Equity ETF (DXJ) debuted on June 16, 2006, and offers broad exposure to the Asia-Pacific (Developed) ETFs category [1] - The ETF industry has been traditionally dominated by market capitalization weighted indexes, but smart beta strategies are gaining traction among investors seeking to outperform the market [2][3] - The WisdomTree Japan Hedged Equity ETF has amassed over $3.65 billion in assets, making it one of the larger ETFs in its category [5] Fund Details - The fund is sponsored by WisdomTree and aims to match the performance of the WisdomTree Japan Hedged Equity Index, which provides exposure to Japanese equity markets while neutralizing currency fluctuations [5] - The ETF has an annual operating expense ratio of 0.48% and a 12-month trailing dividend yield of 3.61% [6] - The fund's holdings are primarily in U.S. dollars, accounting for approximately 99.07% of total assets, with top holdings including Mitsubishi Ufj Financial Group and Toyota Motor Corp [7] Performance Metrics - Year-to-date, the WisdomTree Japan Hedged Equity ETF has increased by approximately 10.64%, and it has risen about 35.91% over the last 12 months as of August 7, 2025 [8] - The ETF has a beta of 0.43 and a standard deviation of 19.49% over the trailing three-year period, indicating a medium risk profile [9] Alternatives - Other ETFs in the space include JPMorgan BetaBuilders Japan ETF (BBJP) with $13.44 billion in assets and iShares MSCI Japan ETF (EWJ) with $15.62 billion in assets, offering lower expense ratios [11] - Investors may consider traditional market cap weighted ETFs for potentially cheaper and lower-risk options [11]