DXJ vs FMDE

Comparison between WISDOMTREE JAPAN HEDGED EQUITY FUND (DXJ, ETF) and FIDELITY ENHANCED MID CAP ETF (FMDE, ETF).

DXJ vs FMDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DXJ(ETF)	FMDE(ETF)
Net Assets	$6.90B	$7B
Expense Ratio	0.48%	0.23%
Max Drawdown	51.15%	21.61%
Sharpe Ratio	2.35	1.18
5Y Beta	0.95	0.91
P/E Ratio	N/A	25.42
Forward P/E	N/A	16.90
5Y Dividends CAGR	28.07%	N/A
5Y EPS CAGR	N/A	18.24%
Debt to Equity	N/A	60.28%
P/S Ratio	N/A	1.86
P/B Ratio	N/A	3.30

Net Assets

DXJ

$6.90B

Winner

FMDE

$7B

Expense Ratio

DXJ

0.48%

Winner

FMDE

0.23%

Max Drawdown

DXJ

51.15%

Winner

FMDE

21.61%

Sharpe Ratio

Winner

DXJ

2.35

FMDE

1.18

5Y Beta

DXJ

0.95

Winner

FMDE

0.91

P/E Ratio

DXJ

N/A

FMDE

25.42

Forward P/E

DXJ

N/A

FMDE

16.90

5Y Dividends CAGR

DXJ

28.07%

FMDE

N/A

5Y EPS CAGR

DXJ

N/A

FMDE

18.24%

Debt to Equity

DXJ

N/A

FMDE

60.28%

P/S Ratio

DXJ

N/A

FMDE

1.86

P/B Ratio

DXJ

N/A

FMDE

3.30

DXJ vs FMDE - Historical Returns

Returns include dividend reinvestment.

Period	DXJ	FMDE
1 month	+2.21%	+2.10%
3 months	+12.01%	+11.55%
6 months	+20.18%	+9.12%
1 year	+55.88%	+19.98%
5 years(CAGR)	+26.66%	N/A
10 years(CAGR)	+18.28%	N/A
Max(CAGR)	+9.44%	+21.08%

Winner

DXJ

+2.21%

FMDE

+2.10%

Winner

DXJ

+12.01%

FMDE

+11.55%

Winner

DXJ

+20.18%

FMDE

+9.12%

Winner

DXJ

+55.88%

FMDE

+19.98%

5Y(CAGR)

DXJ

+26.66%

FMDE

N/A

10Y(CAGR)

DXJ

+18.28%

FMDE

N/A

Max(CAGR)

DXJ

+9.44%

Winner

FMDE

+21.08%

DXJ vs FMDE - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	DXJ	FMDE
2026	+19.55%	+9.57%
2025	+32.75%	+12.33%
2024	+29.70%	+22.25%
2023	+41.60%	+8.91%
2022	+5.50%	N/A
2021	+20.02%	N/A
2020	+2.94%	N/A
2019	+18.74%	N/A
2018	-19.93%	N/A
2017	+20.68%	N/A
2016	+3.34%	N/A
2015	+6.84%	N/A
2014	+10.26%	N/A
2013	+37.17%	N/A
2012	+17.73%	N/A
2011	-16.75%	N/A
2010	-3.89%	N/A
2009	+0.88%	N/A
2008	-20.38%	N/A
2007	-7.22%	N/A
2006	+10.57%	N/A

DXJ vs FMDE Drawdown Comparison

The maximum drawdown for DXJ was -49.55%, occurring on Mar 9, 2009. Recovery took 1899 trading sessions.

The maximum drawdown for FMDE was -21.10%, occurring on Apr 8, 2025. Recovery took 155 trading sessions.

The current DXJ drawdown is -3.57%. The current FMDE drawdown is -1.37%.

Rank	DXJ	FMDE
#1	-49.55% Feb 26, 2007 - Sep 10, 2014	-21.10% Dec 4, 2024 - Jul 22, 2025
#2	-39.12% Jan 17, 2018 - Feb 8, 2021	-8.32% Feb 26, 2026 - Apr 17, 2026
#3	-33.59% Jun 1, 2015 - Oct 3, 2017	-6.79% Jul 16, 2024 - Aug 21, 2024
#4	-22.19% Jul 10, 2024 - Mar 24, 2025	-6.53% Mar 27, 2024 - Jul 16, 2024
#5	-16.57% Mar 25, 2025 - Jun 27, 2025	-5.69% Oct 27, 2025 - Nov 28, 2025
#6	-11.78% Jan 12, 2022 - Mar 24, 2022	-4.09% Sep 18, 2025 - Oct 27, 2025
#7	-11.41% Sep 26, 2014 - Oct 31, 2014	-3.99% Aug 30, 2024 - Sep 18, 2024
#8	-10.98% Feb 25, 2026 - May 13, 2026	-3.19% Jun 4, 2026 - Jun 12, 2026
#9	-9.73% Jun 30, 2006 - Aug 15, 2006	-3.02% Jan 15, 2026 - Feb 20, 2026
#10	-9.11% Dec 5, 2014 - Feb 18, 2015	-2.86% Dec 28, 2023 - Jan 29, 2024
#11	-8.74% Sep 19, 2023 - Jan 5, 2024	-2.60% May 6, 2026 - May 22, 2026
#12	-8.53% Mar 8, 2023 - Apr 21, 2023	-2.59% Nov 11, 2024 - Nov 22, 2024
#13	-8.31% Sep 13, 2021 - Jan 4, 2022	-2.41% Jul 25, 2025 - Aug 13, 2025
#14	-6.82% Aug 18, 2022 - Nov 8, 2022	-2.28% Oct 18, 2024 - Nov 6, 2024
#15	-6.68% Jun 7, 2022 - Aug 17, 2022	-2.22% Dec 11, 2025 - Jan 5, 2026

Correlation

Correlation between DXJ and FMDE is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2006 - 2026)

DXJ vs FMDE dividend yield comparison.

Year	DXJ	FMDE
2026	0.00%	0.53%
2025	1.29%	1.23%
2024	3.48%	1.11%
2023	3.44%	0.10%
2022	3.02%	0.00%
2021	2.64%	0.00%
2020	2.53%	0.00%
2019	2.47%	0.00%
2018	2.92%	0.00%
2017	2.30%	0.00%
2016	1.98%	0.00%
2015	5.95%	0.00%
2014	11.61%	0.00%
2013	2.44%	0.00%
2012	1.50%	0.00%
2011	2.38%	0.00%
2010	1.18%	0.00%
2009	1.86%	0.00%
2008	2.03%	0.00%
2007	0.94%	0.00%
2006	0.38%	0.00%