Diversified Stock Portfolio: 5 Sector ETFs and International ETFs To Buy

4. Xtrackers MSCI Japan Hedged Equity ETF (NYSE:DBJP)

5-Year Share Price Performance as of March 15: 83.08%

The Xtrackers MSCI Japan Hedged Equity ETF (NYSE:DBJP) ranks 4th on our list of ETFs for a diversified stock portfolio. It aims to mirror the performance of the MSCI Japan US Dollar Hedged Index. The ETF was listed on June 9, 2011. As of March 15, 2024, the fund has net assets of $367.71 million and holds a portfolio of 225 stocks. It has an expense ratio of 0.47%.

Toyota Motor Corporation (NYSE:TM) is the largest holding of the Xtrackers MSCI Japan Hedged Equity ETF (NYSE:DBJP). On February 6, Toyota Motor Corporation (NYSE:TM) announced Q3 fiscal year results. The company reported a GAAP EPS of ¥100.62 and a revenue of ¥12041.1 billion.

As per Insider Monkey’s fourth quarter database, 15 hedge funds were bullish on Toyota Motor Corporation (NYSE:TM), same as the last quarter. Ken Fisher’s Fisher Asset Management is the largest position holder in the firm, with 6.21 million shares valued at $1.14 billion.

Here is what Baron Fund has to say about Toyota Motor Corporation (NYSE:TM) in its Q1 2022 investor letter:

“Toyota’s (NYSE:TM) “kaizen” manufacturing philosophy is based on improving manufacturing by using “just in time” processes to eliminate waste and reduce inventory carrying costs. Clearly the company does not contemplates disruptive change that will dramatically lower costs and improve quality.”