DGRW vs. OPPJ
DGRW (WisdomTree U.S. Quality Dividend Growth Fund) and OPPJ (WisdomTree Japan Opportunities ETF) are both exchange-traded funds - DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index, while OPPJ is a Japan Equities fund tracking the WisdomTree Japan Opportunities Index. Both are passively managed. Over the past 10 years, DGRW returned 14.13%/yr vs 17.80%/yr for OPPJ. A 0.55 correlation means they provide meaningful diversification when combined. DGRW charges 0.28%/yr vs 0.58%/yr for OPPJ.
Performance
DGRW vs. OPPJ - Performance Comparison
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Returns By Period
In the year-to-date period, DGRW achieves a 7.88% return, which is significantly lower than OPPJ's 26.23% return. Over the past 10 years, DGRW has underperformed OPPJ with an annualized return of 14.13%, while OPPJ has yielded a comparatively higher 17.80% annualized return.
DGRW
- 1D
- 0.50%
- 1M
- -0.55%
- YTD
- 7.88%
- 6M
- 7.92%
- 1Y
- 18.88%
- 3Y*
- 15.58%
- 5Y*
- 11.95%
- 10Y*
- 14.13%
OPPJ
- 1D
- 1.04%
- 1M
- -4.22%
- YTD
- 26.23%
- 6M
- 27.08%
- 1Y
- 64.16%
- 3Y*
- 33.91%
- 5Y*
- 25.20%
- 10Y*
- 17.80%
DGRW vs. OPPJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DGRW WisdomTree U.S. Quality Dividend Growth Fund | 7.88% | 12.17% | 16.98% | 18.66% | -6.33% | 24.46% | 13.87% | 29.54% | -5.38% | 26.90% |
OPPJ WisdomTree Japan Opportunities ETF | 26.23% | 37.08% | 20.70% | 38.96% | 5.02% | 11.66% | -3.22% | 18.24% | -18.69% | 29.56% |
Correlation
The correlation between DGRW and OPPJ is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2013 | 0.55 |
The correlation between DGRW and OPPJ shifts across timeframes, from 0.42 (3 years) to 0.55 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DGRW vs. OPPJ — Risk / Return Rank
DGRW
OPPJ
DGRW vs. OPPJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Quality Dividend Growth Fund (DGRW) 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.
| DGRW | OPPJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.53 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 6.58 | -4.43 |
| Martin ratioReturn relative to average drawdown | 9.28 | 22.36 | -13.08 |
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Drawdowns
DGRW vs. OPPJ - Drawdown Comparison
The maximum DGRW drawdown since its inception was -32.04%, smaller than the maximum OPPJ drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for DGRW and OPPJ.
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Drawdown Indicators
| DGRW | OPPJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.04% | -39.30% | +7.26% |
Max Drawdown (1Y)Largest decline over 1 year | -8.30% | -9.82% | +1.52% |
Max Drawdown (3Y)Largest decline over 3 years | -16.21% | -16.49% | +0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -16.49% | -0.78% |
Max Drawdown (10Y)Largest decline over 10 years | -32.04% | -39.30% | +7.26% |
Current DrawdownCurrent decline from peak | -1.93% | -4.22% | +2.29% |
Average DrawdownAverage peak-to-trough decline | -3.01% | -6.49% | +3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 2.89% | -0.97% |
Volatility
DGRW vs. OPPJ - Volatility Comparison
The current volatility for WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is 3.41%, while WisdomTree Japan Opportunities ETF (OPPJ) has a volatility of 5.83%. This indicates that DGRW 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.
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Volatility by Period
| DGRW | OPPJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 5.83% | -2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.04% | 15.99% | -7.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.16% | 20.10% | -9.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.01% | 18.15% | -4.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 19.73% | -3.50% |
DGRW vs. OPPJ - Expense Ratio Comparison
DGRW has a 0.28% expense ratio, which is lower than OPPJ's 0.58% expense ratio.
Dividends
DGRW vs. OPPJ - Dividend Comparison
DGRW's dividend yield for the trailing twelve months is around 1.28%, less than OPPJ's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRW WisdomTree U.S. Quality Dividend Growth Fund | 1.28% | 1.43% | 1.55% | 1.74% | 2.15% | 1.78% | 1.93% | 2.20% | 2.42% | 1.71% | 2.13% | 2.18% |
OPPJ WisdomTree Japan Opportunities ETF | 1.50% | 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
DGRW and OPPJ have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPPJ has higher volatility (5.83%) compared to DGRW (3.41%). In terms of maximum drawdown, DGRW dropped -32.04% vs OPPJ's -39.30%.
On 10-year performance, OPPJ leads with 17.80% vs 14.13% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 3.41%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, OPPJ has performed better with a 17.80% return vs 14.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DGRW is cheaper with a 0.28% expense ratio, compared with 0.58% for OPPJ.
OPPJ has the higher dividend yield at 1.50%, compared with 1.28% for DGRW.
DGRW is categorized as Dividend, while OPPJ is Japan Equities. DGRW tracks WisdomTree U.S. Quality Dividend Growth Index, while OPPJ tracks WisdomTree Japan Opportunities Index. Their fees differ too: 0.28% for DGRW and 0.58% for OPPJ.
OPPJ currently has the higher Sharpe Ratio (3.22 vs 1.76), 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.
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