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EUSC vs. OPPE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUSC vs. OPPE

Last updated Jun 24, 2026

EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) and OPPE (WisdomTree European Opportunities Fund) are both Europe Equities funds from WisdomTree - EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index while OPPE tracks the WisdomTree European Opportunities Index. Both are passively managed. At a correlation of -0.02, they often move in opposite directions. Both charge a 0.58% expense ratio.

Performance

EUSC vs. OPPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and WisdomTree European Opportunities Fund (OPPE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

EUSC

1D
0.00%
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

OPPE

1D
-0.52%
1M
-0.94%
YTD
11.16%
6M
11.70%
1Y
26.73%
3Y*
23.44%
5Y*
14.00%
10Y*
13.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUSC vs. OPPE - Yearly Performance Comparison

2026 (YTD)
EUSC
WisdomTree Europe Hedged SmallCap Equity Fund		0.18%
OPPE
WisdomTree European Opportunities Fund		-1.54%

Correlation

The correlation between EUSC and OPPE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (All Time)
Calculated using the full available price history since May 28, 2026

-0.02

EUSC vs. OPPE - Sectors Allocation Comparison

Sectors
EUSC
OPPE

Financial Services

28.4%
23.3%

Industrials

20.1%
28.1%

Real Estate

9.3%
1.4%

Consumer Cyclical

9.1%
3.3%

Basic Materials

6.5%
11.0%

Utilities

6.5%
6.0%

Communication Services

5.0%
1.5%

Technology

4.4%
7.8%

Consumer Defensive

4.1%
4.2%

Energy

3.7%
8.7%

Healthcare

2.9%
4.6%

Financial Services

EUSC
28.4%
OPPE
23.3%

Industrials

EUSC
20.1%
OPPE
28.1%

Real Estate

EUSC
9.3%
OPPE
1.4%

Consumer Cyclical

EUSC
9.1%
OPPE
3.3%

Basic Materials

EUSC
6.5%
OPPE
11.0%

Utilities

EUSC
6.5%
OPPE
6.0%

Communication Services

EUSC
5.0%
OPPE
1.5%

Technology

EUSC
4.4%
OPPE
7.8%

Consumer Defensive

EUSC
4.1%
OPPE
4.2%

Energy

EUSC
3.7%
OPPE
8.7%

Healthcare

EUSC
2.9%
OPPE
4.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree Europe Hedged SmallCap Equity Fund

WisdomTree European Opportunities Fund

Often compared with EUSC:
EUSC vs. VGKEUSC vs. IEUSEUSC vs. IXUSEUSC vs. IEUREUSC vs. SYLDEUSC vs. AVDVEUSC vs. FEZ
Often compared with OPPE:
OPPE vs. WLDROPPE vs. HEGDOPPE vs. GRIDOPPE vs. EWJVOPPE vs. SPMOOPPE vs. AVDVOPPE vs. VT

Return for Risk

EUSC vs. OPPE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUSC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

OPPE
OPPE Risk / Return Rank: 6262
Overall Rank
OPPE Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
OPPE Sortino Ratio Rank: 5959
Sortino Ratio Rank
OPPE Omega Ratio Rank: 5858
Omega Ratio Rank
OPPE Calmar Ratio Rank: 6565
Calmar Ratio Rank
OPPE Martin Ratio Rank: 6666
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.

EUSC vs. OPPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) and WisdomTree European Opportunities Fund (OPPE). 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.

EUSCOPPEDifference
Sharpe ratioReturn per unit of total volatility

—

1.86

—

Sortino ratioReturn per unit of downside risk

—

2.60

—

Omega ratioGain probability vs. loss probability

—

1.33

—

Calmar ratioReturn relative to maximum drawdown

—

3.04

—

Martin ratioReturn relative to average drawdown

—

11.44

—

EUSC vs. OPPE - Sharpe Ratio Comparison

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Drawdowns

EUSC vs. OPPE - Drawdown Comparison

The maximum EUSC drawdown since its inception was 0.00%, smaller than the maximum OPPE drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for EUSC and OPPE.

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Drawdown Indicators

EUSCOPPEDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-39.28%

+39.28%

Max Drawdown (1Y)

Largest decline over 1 year

—

-8.83%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-15.04%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.49%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.28%

—

Current Drawdown

Current decline from peak

0.00%

-2.21%

+2.21%

Average Drawdown

Average peak-to-trough decline

0.00%

-5.45%

+5.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

2.34%

—

Volatility

EUSC vs. OPPE - Volatility Comparison

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Volatility by Period

EUSCOPPEDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.89%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

12.39%

—

Volatility (1Y)

Calculated over the trailing 1-year period

1.10%

14.41%

-13.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.10%

15.66%

-14.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.10%

16.98%

-15.88%

EUSC vs. OPPE - Expense Ratio Comparison

Both EUSC and OPPE have an expense ratio of 0.58%.

Dividends

EUSC vs. OPPE - Dividend Comparison

EUSC has not paid dividends to shareholders, while OPPE's dividend yield for the trailing twelve months is around 2.76%.

PositionTTM20252024202320222021202020192018201720162015
EUSC
WisdomTree Europe Hedged SmallCap Equity Fund		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
OPPE
WisdomTree European Opportunities Fund		2.76%2.95%3.99%3.53%5.13%2.39%3.42%3.08%2.34%1.46%2.60%4.39%

Frequently Asked Questions

EUSC and OPPE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.58% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

EUSC and OPPE have the same expense ratio: 0.58% per year.

OPPE has the higher dividend yield at 2.76%, compared with 0.00% for EUSC.

EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index, while OPPE tracks WisdomTree European Opportunities Index.

Portfolio Optimizer

Find the right allocation for EUSC and OPPE

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