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ISIN
US97717W5215
CUSIP
97717W521
Inception Date
Jun 28, 2013
Region
Developed Asia Pacific (Japan)
Leveraged
1x (No leverage)
Index Tracked
WisdomTree Japan Opportunities Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Value
Assets Under Management
$293M

Share Price Chart


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Performance

OPPJ Performance Chart

WisdomTree Japan Opportunities ETF (OPPJ) is up 26.3% since the beginning of the year. OPPJ is currently trading at $59 per share. Investors who bought $1,000 worth of OPPJ shares 5 years ago would now be looking at an investment worth $3,086.


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S&P 500 Index

Returns By Period

WisdomTree Japan Opportunities ETF (OPPJ) has returned 26.34% so far this year and 63.54% over the past 12 months. Looking at the last ten years, OPPJ has achieved an annualized return of 18.38%, outperforming the S&P 500 Index benchmark, which averaged 13.71% per year.


WisdomTree Japan Opportunities ETF

1D
-4.11%
1M
0.60%
YTD
26.34%
6M
27.22%
1Y
63.54%
3Y*
34.64%
5Y*
25.28%
10Y*
18.38%

Benchmark (S&P 500 Index)

1D
-1.44%
1M
-1.45%
YTD
7.60%
6M
6.59%
1Y
22.24%
3Y*
19.20%
5Y*
11.54%
10Y*
13.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OPPJ Monthly Returns History

Based on dividend-adjusted daily data since Jun 28, 2013, OPPJ's average daily return is +0.07%, while the average monthly return is +1.29%. At this rate, an investment would double in approximately 4.5 years.

Historically, 71% of months were positive and 29% were negative. The best month was Feb 2026 with a return of +12.3%, while the worst month was Dec 2018 at -12.3%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 3 months.

On a daily basis, OPPJ closed higher 53% of trading days. The best single day was Mar 17, 2020 with a return of +8.2%, while the worst single day was Mar 12, 2020 at -10.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202610.04%12.33%-5.12%4.75%2.88%-0.03%26.34%
2025-0.20%-1.97%3.46%-0.26%3.32%2.99%1.19%8.12%4.16%3.25%4.52%3.77%37.08%
20244.43%4.27%3.88%0.72%1.93%1.81%-0.17%-3.59%1.09%-0.15%1.42%3.63%20.70%
20236.40%2.11%2.06%2.98%-1.30%9.03%3.54%2.12%1.77%1.11%2.55%1.34%38.96%
2022-2.51%1.98%-2.44%0.52%1.09%1.04%3.74%1.06%-1.00%1.88%3.80%-3.92%5.02%
20210.98%3.37%7.76%-3.78%0.91%0.77%1.30%0.23%2.87%-0.64%-7.87%6.10%11.66%

Benchmark Metrics

WisdomTree Japan Opportunities ETF has an annualized alpha of 6.52%, beta of 0.78, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since June 28, 2013.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (70.84%) than losses (40.34%) - typical of diversified or defensive assets.
  • R2 of 0.42 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
6.52%
Beta
0.78
0.42
Upside Capture
70.84%
Downside Capture
40.34%

Expense Ratio

OPPJ has an expense ratio of 0.58%, placing it in the medium range.


Return for Risk

Risk / Return Rank

OPPJ ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


OPPJ Risk / Return Rank: 9191
Overall Rank
OPPJ Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
OPPJ Sortino Ratio Rank: 9090
Sortino Ratio Rank
OPPJ Omega Ratio Rank: 8787
Omega Ratio Rank
OPPJ Calmar Ratio Rank: 9494
Calmar Ratio Rank
OPPJ Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for WisdomTree Japan Opportunities ETF (OPPJ) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


OPPJBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+1.31

Sortino ratioReturn per unit of downside risk

+1.51

Omega ratioGain probability vs. loss probability

1.51

1.32

+0.18

Calmar ratioReturn relative to maximum drawdown

6.50

2.46

+4.04

Martin ratioReturn relative to average drawdown

21.87

10.92

+10.95

Dividends

Dividend History

WisdomTree Japan Opportunities ETF provided a 1.50% dividend yield over the last twelve months, with an annual payout of $0.88 per share.


1.50%2.00%2.50%3.00%3.50%4.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.88$0.82$1.39$0.81$0.58$0.64$0.61$0.46$0.38$0.35$0.30$0.61

Dividend yield

1.50%1.78%4.02%2.71%2.63%2.96%3.04%2.17%2.06%1.53%1.66%3.61%

Monthly Dividends

The table displays the monthly dividend distributions for WisdomTree Japan Opportunities ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.06$0.00$0.00$0.00$0.06
2025$0.00$0.00$0.00$0.00$0.00$0.58$0.00$0.00$0.01$0.00$0.00$0.24$0.82
2024$0.00$0.00$0.25$0.00$0.00$0.10$0.00$0.00$0.02$0.00$0.00$1.02$1.39
2023$0.00$0.00$0.25$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.34$0.81
2022$0.00$0.00$0.00$0.00$0.00$0.30$0.00$0.00$0.00$0.00$0.00$0.28$0.58
2021$0.00$0.00$0.00$0.00$0.00$0.24$0.00$0.00$0.01$0.00$0.00$0.40$0.64

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the WisdomTree Japan Opportunities ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the WisdomTree Japan Opportunities ETF was 39.30%, occurring on Mar 16, 2020. Recovery took 251 trading sessions.

The current WisdomTree Japan Opportunities ETF drawdown is 4.13%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-39.30%Mar 2020
2y 2mo12mo 4d
3y 2moJan 2018 - Mar 2021
2016 bear market2016
-23.77%Feb 2016
6mo 4d10mo
1y 3moAug 2015 - Dec 2016
2024 correction2024
-16.49%Aug 2024
19d4mo 24d
5mo 13dJul 2024 - Dec 2024
2025 selloff2025
-14.50%Apr 2025
10d1mo 5d
1mo 15dMar 2025 - May 2025
Bear market2022
-14.47%Mar 2022
5mo 22d8mo 19d
1y 2moSep 2021 - Nov 2022

Drawdown Indicators


OPPJBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-39.30%

-56.78%

+17.48%

Max Drawdown (1Y)

Largest decline over 1 year

-9.82%

-9.10%

-0.72%

Max Drawdown (3Y)

Largest decline over 3 years

-16.49%

-18.90%

+2.41%

Max Drawdown (5Y)

Largest decline over 5 years

-16.49%

-25.43%

+8.94%

Max Drawdown (10Y)

Largest decline over 10 years

-39.30%

-33.92%

-5.38%

Current Drawdown

Current decline from peak

-4.13%

-3.21%

-0.92%

Average Drawdown

Average peak-to-trough decline

-6.48%

-10.71%

+4.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.92%

2.04%

+0.88%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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