ADIV vs. OPPJ
ADIV (SmartETFs Asia Pacific Dividend Builder ETF) and OPPJ (WisdomTree Japan Opportunities ETF) are both exchange-traded funds - ADIV is a Asia Pacific Equities fund actively managed by Guinness Atkinson Asset Management, while OPPJ is a Japan Equities fund tracking the WisdomTree Japan Opportunities Index. ADIV is actively managed, while OPPJ is passively managed. Over the past 5 years, ADIV returned 6.65%/yr vs 24.42%/yr for OPPJ. At a 0.39 correlation, their price movements are largely independent. ADIV charges 0.78%/yr vs 0.58%/yr for OPPJ.
Performance
ADIV vs. OPPJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ADIV achieves a 6.00% return, which is significantly lower than OPPJ's 23.60% return.
ADIV
- 1D
- -0.97%
- 1M
- -1.15%
- 6M
- 3.61%
- YTD
- 6.00%
- 1Y
- 9.56%
- 3Y*
- 15.67%
- 5Y*
- 6.65%
- 10Y*
- —
OPPJ
- 1D
- -2.10%
- 1M
- -2.08%
- 6M
- 14.84%
- YTD
- 23.60%
- 1Y
- 59.51%
- 3Y*
- 33.02%
- 5Y*
- 24.42%
- 10Y*
- 17.19%
ADIV vs. OPPJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ADIV SmartETFs Asia Pacific Dividend Builder ETF | 6.00% | 21.86% | 14.47% | 12.28% | -18.00% | 1.41% |
OPPJ WisdomTree Japan Opportunities ETF | 23.60% | 37.08% | 20.70% | 38.96% | 5.02% | -3.46% |
Correlation
The correlation between ADIV and OPPJ is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2021 | 0.39 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ADIV vs. OPPJ — Risk / Return Rank
ADIV
OPPJ
ADIV vs. OPPJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SmartETFs Asia Pacific Dividend Builder ETF (ADIV) and WisdomTree Japan Opportunities ETF (OPPJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| ADIV | OPPJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.17 | ||
| Sortino ratioReturn per unit of downside risk | -2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.47 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 6.09 | -5.14 |
| Martin ratioReturn relative to average drawdown | 2.94 | 19.33 | -16.39 |
Loading charts...
Drawdowns
ADIV vs. OPPJ - Drawdown Comparison
The maximum ADIV drawdown since its inception was -31.55%, smaller than the maximum OPPJ drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for ADIV and OPPJ.
Loading charts...
Drawdown Indicators
| ADIV | OPPJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.55% | -39.30% | +7.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -9.82% | -0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -18.53% | -16.49% | -2.04% |
Max Drawdown (5Y)Largest decline over 5 years | -31.55% | -16.49% | -15.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.30% | — |
Current DrawdownCurrent decline from peak | -3.04% | -6.21% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -8.34% | -6.48% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 3.09% | +0.17% |
Volatility
ADIV vs. OPPJ - Volatility Comparison
The current volatility for SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is 4.91%, while WisdomTree Japan Opportunities ETF (OPPJ) has a volatility of 8.02%. This indicates that ADIV experiences smaller price fluctuations and is considered to be less risky than OPPJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ADIV | OPPJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 8.02% | -3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 11.59% | 17.12% | -5.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.09% | 21.04% | -6.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 18.31% | -1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.40% | 19.55% | -3.15% |
ADIV vs. OPPJ - Expense Ratio Comparison
ADIV has a 0.78% expense ratio, which is higher than OPPJ's 0.58% expense ratio.
Dividends
ADIV vs. OPPJ - Dividend Comparison
ADIV's dividend yield for the trailing twelve months is around 2.97%, more than OPPJ's 1.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADIV SmartETFs Asia Pacific Dividend Builder ETF | 2.97% | 2.77% | 4.83% | 4.55% | 2.98% | 13.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OPPJ WisdomTree Japan Opportunities ETF | 1.13% | 1.78% | 4.02% | 2.71% | 2.63% | 2.96% | 3.04% | 2.17% | 2.06% | 1.53% | 1.66% | 3.61% |
Frequently Asked Questions
ADIV and OPPJ have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPPJ has higher volatility (8.02%) compared to ADIV (4.91%). In terms of maximum drawdown, ADIV dropped -31.55% vs OPPJ's -39.30%.
On 5-year performance, OPPJ leads with 24.42% vs 6.65% for ADIV. On fees, OPPJ is cheaper at 0.58% per year. On volatility, ADIV has been the lower-risk option at 4.91%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, OPPJ has performed better with a 24.42% return vs 6.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OPPJ is cheaper with a 0.58% expense ratio, compared with 0.78% for ADIV.
ADIV has the higher dividend yield at 2.97%, compared with 1.13% for OPPJ.
ADIV is categorized as Asia Pacific Equities, while OPPJ is Japan Equities. They also come from different issuers: Guinness Atkinson Asset Management and WisdomTree. Their fees differ too: 0.78% for ADIV and 0.58% for OPPJ.
OPPJ currently has the higher Sharpe Ratio (2.85 vs 0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ADIV and OPPJ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer