Launched on 06/16/2006, the WisdomTree Japan SmallCap Dividend ETF (DFJ) is a smart beta exchange traded fund offering broad exposure to the Asia-Pacific (Developed) ETFs category of the market.
DFJ has a lower PBR than the broader large-cap driven Japanese indices. With corporate governance reform being an important factor for the market's appreciation, and similar distributions of sectoral exposures to large cap indices, small cap has more ways to run. The PBR and PE discount, as well as lagging performance of Japanese small caps, makes it a great strength-to-strength market to rotate funds into.