NEW YORK ( TheStreet) -- While Japanese equities have been strong this year, WisdomTree's Chief Investment Strategist, Luciano Siracusano, tells TheStreet's Gregg Greenberg of a new way to gain exposure.

The WisdomTree Japan Hedged Equity ETF ( DXJ) is the company's way of allowing investors to gain exposure to Japanese equities, without the headache of a declining yen.

That's apparently why the DXJ ETF saw tremendous success in the fourth quarter of 2012 and the first quarter of 2013. A strengthening yen this summer, however, has recently weighed down some of the fund's performance.

The new WisdomTree Japan Hedged Small-Cap Equity ETF ( DXJS) works in a similar manner, says Siracusano, hedging out the currency headwinds, while exposing investors to Japanese small-cap stocks.

He added that the Federal Reserve's tapering efforts will add strength to the dollar, which should allow the yen to depreciate and help the performance of the two ETFs.

Siracusano went on to say that the Bank of Japan and Prime Minister Shinzo Abe will likely look for proposals and tax incentives to encourage Japanese investors to move out of cash and into equities.

This would also bode well for these two Japanese ETFs from WisdomTree, he said.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

If you liked this article you might like

Japan's Victory for Abenomics Leaves Investors Hungry for More

Want to Know Why Japan Stocks Are Lagging? These Charts Tell the Story

Japan's G7 Summit to Raise Questions About Growth

Japan's G7 Summit to Raise Questions About Growth

Novice Trade: iShares MSCI Japan

Novice Trade: iShares MSCI Japan

Should You Invest in Currency-Hedged Exchange-Traded Funds?