Currency-Hedged ETF Falls with Japan Stocks, Higher Yen
February 08, 2013 at 09:02 AM EST
WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) has been getting a lot of press lately with the ETF’s currency-hedged strategy is in the sweet spot as Japanese stocks rally and the yen plumbs multiyear lows. However, DXJ was falling harder than unhedged ETFs on Friday morning as the yen...