Holding 312 stocks in its basket, the fund is still somewhat concentrated from a sector perspective (read: DXJ vs. DBJP: Which is the Better Hedged Japan ETF? Click to get this free report DB-XT MS JAP HD (DBJP): ETF Research Reports WISDMTR-J HEF (DXJ): ETF Research Reports ISHARS-JAPAN (EWJ): ETF Research Reports To read this article on Zacks.com click here. Drastic monetary easing to maintain a target inflation rate of 2%, flexible fiscal policy and structural reforms have made Japan a rising star in the investment universe.