DXJ vs EWH overlap - what they share and where they differ

DXJ and EWH share 3.1% of their weight across 1 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

DXJ and EWH

3.1%

1 shared positions

DXJ

WisdomTree Japan Hedged Equity Fund

Reported positions cover 97% of the fund, 377 positions · Jun 30, 2026

Top 10: 33.7%·Holdings of DXJ

EWH

iShares MSCI Hong Kong ETF

Reported positions cover 88% of the fund, 23 positions · May 31, 2026

Top 10: 66.5%·Holdings of EWH

Reported positions cover DXJ 97%, EWH 88% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EWH vs DXJ side by side

DXJWisdomTree Japan Hedged Equity Fund

377

stock positions reported to the SEC

94.3% of its weight is in 376 names EWH does not hold

EWHiShares MSCI Hong Kong ETF

23

stock positions reported to the SEC

83.7% of its weight is in 22 names DXJ does not hold

Where each fund's weight sits

DXJ
EWH
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
5.1%
31.4%
Financial Services
14.1%
0.0%
Consumer Cyclical
5.8%
0.0%
Healthcare
1.7%
0.0%
Industrials
0.3%
0.0%

The widest gap is Technology: EWH has 26.3 points more of it.

The figures side by side

DXJEWH
Filing dateJun 30, 2026May 31, 2026
Stock positions reported37723
Weight of the ten largest33.7%66.5%
Largest positionMUFG 6.9%AIAI 22.9%
Held alone376 positions, 94.3%22 positions, 83.7%
Covered by stock positions97%88%

Holdings they share

StockIn DXJIn EWHCounted
SUGPSUMITOMO SEIKA CHEMICALS CO LTD3.14%4.47%3.14%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in DXJ

MUFGMITSUBISHI CORP6.90%
SUMITOMO MITSUI FINANCIAL GROUP, INC.SUMITOMO MITSUI FINANCIAL GROUP INC3.62%
NODKNIPPON PAPER INDUSTRIES COMPANY LTD3.61%
TMTOYOTA MOTOR CORP3.54%
TOKYO ELECTRON LIMITEDTOKYO ELECTRON LTD3.18%
TOKIO MARINE HOLDINGS, INC.TOKIO MARINE HOLDINGS INC2.81%
MFGMIZUHO FINANCIAL GROUP INC2.70%
JAPAN TOBACCO INC.JAPAN TOBACCO INC2.14%
MURATA MANUFACTURING CO., LTD.MURATA MANUFACTURING COMPANY LTD2.06%
NTT INC1.97%

Only in EWH

AIAIAIA Group Limited22.85%
HONG KONG EXCHANGES AND CLEARING LIMITED11.19%
CK HUTCHISON HOLDINGS LIMITED6.01%
BOC HONG KONG (HOLDINGS) LIMITED5.05%
TECHTRONIC INDUSTRIES COMPANY LIMITED4.34%
CLPSCLP HOLDINGS LIMITED4.07%
CK ASSET HOLDINGS LIMITED3.03%
POWER ASSETS HOLDINGS LIMITED2.79%
THE HONG KONG & CHINA GAS CO LTDTHE HONG KONG AND CHINA GAS COMPANY LIMITED2.68%
WH GROUP LIMITED2.54%

Questions people ask

Is DXJ the same as EWH?

3.1% of their weight sits in the same 1 holdings. DXJ also reports MUFG, SUMITOMO MITSUI FINANCIAL GROUP, INC., NODK, which the other does not. EWH also reports AIAI, HONG KONG EXCHANGES AND CLEARING LIMITED, CK HUTCHISON HOLDINGS LIMITED, which the other does not.

How is the overlap between DXJ and EWH measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 97% of DXJ and 88% of EWH, so the number cannot exceed the smaller coverage.

Which holds more, EWH or DXJ?

DXJ reports 377 stock positions and EWH reports 23. 94.3% of DXJ's weight sits in names EWH does not hold, and 83.7% of EWH's weight in names DXJ does not hold. The ten largest positions are 33.7% of DXJ and 66.5% of EWH.

How do DXJ and EWH differ by sector?

The widest gap is Technology: EWH has 26.3 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.