Clearly, Abenomics, the term coined for Prime Minister Shinzo Abe's efforts to devalue the yen while boosting Japan's rate of inflation, has been kind to DXJ and EWJ. The Simple Minds hit is an appropriate one for Japanese small-cap ETFs because as the yen has plunged and the Nikkei has soared in recent months, the WisdomTree Japan Hedged Equity Fund (NYSE: DXJ ) and the iShares MSCI Japan Index Fund (NYSE: EWJ ) have dominated the Japan ETF conversation. Investors are not likely to complain about the performances of either DXJ or EWJ.