DXJ vs IPAC: Holdings Overlap
DXJWisdomTree Japan Hedged Equity Fund
WisdomTree · 430 holdings · $7.1B · as of 2026-03-31
IPACiShares Core MSCI Pacific ETF
iShares · 1375 holdings · $2.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (DXJ: 2026-03-31, IPAC: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DXJ and IPAC?
WisdomTree Japan Hedged Equity Fund (DXJ, by WisdomTree) holds 430 positions; iShares Core MSCI Pacific ETF (IPAC, by iShares) holds 1375. They have 356 holdings in common, and by portfolio weight the two funds are 42.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 356DXJ holds 430 · IPAC holds 1375
- Weight in Shared Holdings
- DXJ 94%·IPAC 48%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DXJ
74 of 430 positions (2.2% of the fund) are not held by IPAC. Showing the top 30 by weight.
Sector Breakdown
| Sector | DXJ | IPAC |
|---|---|---|
| Financials | 17.5% | 20.1% |
| Industrials | 19.3% | 15.3% |
| Consumer Discretionary | 11.7% | 7.5% |
| Information Technology | 6.5% | 9.0% |
| Health Care | 6.7% | 4.1% |
| Other Sectors | 12.1% | 21.1% |
| Unclassified | 22.6% | 22.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (23% of DXJ, 22% of IPAC).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DXJ | +2.2% | +25.3% | +49.6% | +31.9% | +27.8% | +19.0% | 0.94% |
| IPAC | +4.8% | +18.9% | +27.2% | +18.2% | +9.0% | +9.1% | 3.71% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DXJ vs IPAC →
Shared Holdings(356)
The top 10 shared positions account for 31% of the overlap, led by 8306, 7203 and 8035.
 8306Mitsubishi UFJ Financial Group Inc. NPV | 4.71% | 2.21% | 2.21% |
|---|---|---|---|
 7203Toyota Motor Corp. NPV | 4.56% | 1.98% | 1.98% |
 8035Tokyo Electron Ltd. NPV | 1.69% | 1.44% | 1.44% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 3.06% | 1.41% | 1.41% |
 8411Mizuho Financial Group Inc. NPV | 2.31% | 1.17% | 1.17% |
 8058Mitsubishi Corp. NPV | 3.06% | 1.12% | 1.12% |
 6501Hitachi Ltd. NPV | 1.02% | 1.59% | 1.02% |
 8031Mitsui & Co Ltd. NPV | 2.44% | 1.01% | 1.01% |
 9983Fast Retailing Co Ltd. NPV | 0.92% | 0.98% | 0.92% |
 8766Tokio Marine Holdings Inc. NPV | 3.13% | 0.92% | 0.92% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 1.28% | 0.85% | 0.85% |
 6503Mitsubishi Electric Corp. NPV | 1.09% | 0.83% | 0.83% |
 8001ITOCHU Corp. NPV | 1.82% | 0.80% | 0.80% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 0.64% | 1.04% | 0.64% |
 6981Murata Manufacturing Co Ltd. NPV | 0.69% | 0.60% | 0.60% |
 8002Marubeni Corp. NPV | 1.18% | 0.60% | 0.60% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 2.05% | 0.58% | 0.58% |
 7974Nintendo Co Ltd. NPV | 0.58% | 0.59% | 0.58% |
 6752Panasonic Holdings Corporation COMMON STOCK | 0.81% | 0.52% | 0.52% |
 5802Sumitomo Electric Industries Ltd. NPV | 1.21% | 0.51% | 0.51% |
 7741HOYA Corp. NPV | 0.51% | 0.69% | 0.51% |
 2914Japan Tobacco Inc NPV | 2.42% | 0.49% | 0.49% |
 6758Sony Group Corp. NPV | 0.48% | 1.34% | 0.48% |
 5803Fujikura Ltd. NPV | 0.47% | 0.63% | 0.47% |
 6954Fanuc Corp. NPV | 0.52% | 0.45% | 0.45% |
Showing the top 250 of 356 shared holdings by overlap weight.
Frequently Asked Questions
How much do DXJ and IPAC overlap?
DXJ and IPAC overlap by 42.8% of portfolio weight. They share 356 holdings (DXJ holds 430 positions and IPAC holds 1375), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DXJ and IPAC?
The two portfolios are 42.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DXJ and IPAC?
The largest positions held by both funds are 8306, 7203, 8035, 8316 and 8411. Together the top 10 shared positions account for 31% of the total overlap.
What does DXJ own that IPAC doesn't?
74 positions (2.2% of DXJ) are unique to DXJ, led by 4028, 3036 and Kuroda Group Co. Ltd. NPV. In the other direction, 1019 positions (51.1% of IPAC) are unique to IPAC.