DXJ Fees and Costs — WisdomTree Japan Hedged Equity Fund
Data updated: 2026-08-31
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $726K in broker commissions, 0.0164% of average net assets, and portfolio turnover was 28%.
DXJ Fees and Expenses
Annual operating expenses and sales charges of DXJ. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DXJ Costs Over Time
On $10,000 invested in DXJ, assuming 5% a year before costs, total costs come to $314 over 5 years, cutting the return by 0.52% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $172 | $314 |
| Value after costs | $10,448 | $11,405 | $12,449 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
DXJ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0164%
- Total broker commissions: $726K
- Bought from dealers (principal trades, not a cost): $2.5B
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $72.7M
- Net income from securities lending: $421K (0.010% of average net assets)
DXJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $414K | 60.97% |
| INSTINET LLC | $61K | 8.95% |
| MIZUHO SECURITIES USA LLC | $38K | 5.65% |
| SANFORD C. BERNSTEIN & CO., LLC | $30K | 4.39% |
| GOLDMAN SACHS & CO. LLC | $27K | 3.93% |
| CitiGroup Global Markets Inc. | $27K | 3.93% |
| BOFA SECURITIES, INC. | $26K | 3.90% |
| BTIG, LLC | $22K | 3.22% |
| VIRTU AMERICAS LLC | $18K | 2.62% |
| MORGAN STANLEY & CO. LLC | $17K | 2.44% |
DXJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $814.3M | 32.86% |
| J.P. Morgan Securities LLC | $754.2M | 30.43% |
| BOFA SECURITIES, INC. | $319.0M | 12.87% |
| Macquarie Capital (USA) Inc. | $282.7M | 11.41% |
| JANE STREET EXECUTION SERVICES, LLC | $262.1M | 10.58% |
| GOLDMAN SACHS & CO. LLC | $22.0M | 0.89% |
| MORGAN STANLEY & CO. LLC | $19.2M | 0.77% |
| NISSIN CORP | $3.1M | 0.12% |
| Sumitomo Mitsui Construction Co., Ltd. | $1.7M | 0.07% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.