Both currency-hedged ETFs - WisdomTree Japan Hedged Equity Fund (DXJ) and db-X MSCI Japan Currency-Hedged Equity Fund (DBJP) - have exhibited strong performances after the cabinet attempted to revive the economy through aggressive monetary easing. Investors should note that both DXJ and DBJP have posted solid gains of approximately 34.85% and 36.7%, respectively, over a period of six months. db-X MSCI Japan Currency-Hedged Equity Fund (DBJP) With the yen sliding, DBJP is also an interesting option to pick with the Japanese economy set to revive after four years of continuous recession and decades of deflation.