DXJ WisdomTree Japan Hedged Equity Fund

Last close: 56.40
504-day return: +64.29%
Median $/day: $45.2M
Relationships shown: 13

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

Same exposure: HEWJ, DBJP, FLJH move almost identically to DXJ (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

DXJ vs OPPJ

Both indexed to 100 at 2026-05-11.

DXJ OPPJ · range 91–110 · 2026-05-11 → 2026-11-06

Moves with DXJ

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

OPPJ WisdomTree Trust WisdomTree Japan Opportunities Fund

ρ +0.84beyond mkt +0.74holdout +0.88stable 100%robust

EWJ iShares MSCI Japan ETF

ρ +0.82beyond mkt +0.70holdout +0.84stable 100%robust

HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF

ρ +0.82beyond mkt +0.65holdout +0.85stable 100%robust

SCJ iShares MSCI Japan Small-Cap ETF

ρ +0.71beyond mkt +0.55holdout +0.87stable 100%robust

DBEF Xtrackers MSCI EAFE Hedged Equity ETF

ρ +0.77beyond mkt +0.54holdout +0.76stable 100%robust

MUFG Mitsubishi UFJ Financial Group, Inc.

ρ +0.61beyond mkt +0.39holdout +0.62stable 100%robust

Moves against DXJ

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.53beyond mkt -0.06holdout -0.53stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.48beyond mkt -0.04holdout -0.35stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.45beyond mkt -0.03holdout -0.43stable 100%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.46beyond mkt +0.01holdout -0.51stable 100%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

THY Toews Agility Shares Dynamic Tactical Income ETF

horizon 5dρ +0.35holdout +0.22stable 100%robust

BIDU Baidu, Inc. ADS

horizon 5dρ +0.32holdout +0.28stable 75%robust

WHD Cactus, Inc.

horizon 5dρ +0.30holdout +0.19stable 75%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

MG Mistras Group Inc.

Δ -0.55recent -0.20prior +0.36beyond mkt -0.05

E ENI S.p.A.

Δ -0.52recent -0.42prior +0.10beyond mkt -0.08

LYB LyondellBasell Industries N.V. Class A

Δ -0.52recent -0.41prior +0.11beyond mkt -0.03

HZO MarineMax, Inc.

Δ -0.51recent -0.11prior +0.40beyond mkt +0.07

CHRD Chord Energy Corporation Common Stock

Δ -0.50recent -0.46prior +0.04beyond mkt -0.00

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.50recent -0.38prior +0.13beyond mkt +0.07

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
DBEF Xtrackers MSCI EAFE Hedged Equity ETF	+0.54	+0.77	9
EWJ iShares MSCI Japan ETF	+0.70	+0.82	16
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF	+0.65	+0.82	16
SCJ iShares MSCI Japan Small-Cap ETF	+0.55	+0.71	18
MUFG Mitsubishi UFJ Financial Group, Inc.	+0.39	+0.61	16
OPPJ WisdomTree Trust WisdomTree Japan Opportunities Fund	+0.74	+0.84	25