OPPE vs. DHS
OPPE (WisdomTree European Opportunities Fund) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - OPPE is a Europe Equities fund tracking the WisdomTree European Opportunities Index, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. Both are passively managed. Over the past 10 years, OPPE returned 13.25%/yr vs 9.68%/yr for DHS. Their 0.60 correlation means they have sometimes moved together and sometimes differently. OPPE charges 0.58%/yr vs 0.38%/yr for DHS.
Performance
OPPE vs. DHS - Performance Comparison
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Returns By Period
In the year-to-date period, OPPE achieves a 18.15% return, which is significantly higher than DHS's 16.66% return. Over the past 10 years, OPPE has outperformed DHS with an annualized return of 13.25%, while DHS has yielded a comparatively lower 9.68% annualized return.
OPPE
- 1D
- -0.08%
- 1M
- 4.58%
- 6M
- 12.37%
- YTD
- 18.15%
- 1Y
- 31.15%
- 3Y*
- 24.13%
- 5Y*
- 14.71%
- 10Y*
- 13.25%
- ALL TIME*
- 11.61%
DHS
- 1D
- -0.37%
- 1M
- 1.58%
- 6M
- 9.76%
- YTD
- 16.66%
- 1Y
- 25.21%
- 3Y*
- 16.49%
- 5Y*
- 12.26%
- 10Y*
- 9.68%
- ALL TIME*
- 8.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.32M | $3.61M | $2.98M | |
| $1.61M | $1.14M | $1.30M |
OPPE vs. DHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPPE WisdomTree European Opportunities Fund | 18.15% | 38.80% | 10.42% | 19.80% | -11.14% | 23.52% | -2.92% | 28.60% | -13.34% | 22.25% |
DHS WisdomTree US High Dividend Fund | 16.66% | 12.87% | 18.02% | -0.19% | 7.97% | 23.20% | -5.70% | 22.59% | -7.41% | 11.69% |
Correlation
The correlation between OPPE and DHS is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2015 | 0.60 |
Over the past year, the correlation between OPPE and DHS has dropped to 0.34 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
OPPE vs. DHS - Sectors Allocation Comparison
Sectors
OPPE
DHS
Industrials
Financial Services
Basic Materials
Technology
Consumer Cyclical
Utilities
Energy
Healthcare
Consumer Defensive
Real Estate
Communication Services
Industrials
OPPE
DHS
Financial Services
OPPE
DHS
Basic Materials
OPPE
DHS
Technology
OPPE
DHS
Consumer Cyclical
OPPE
DHS
Utilities
OPPE
DHS
Energy
OPPE
DHS
Healthcare
OPPE
DHS
Consumer Defensive
OPPE
DHS
Real Estate
OPPE
DHS
Communication Services
OPPE
DHS
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Return for Risk
OPPE vs. DHS — Risk / Return Rank
OPPE
DHS
OPPE vs. DHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree European Opportunities Fund (OPPE) and WisdomTree US High Dividend Fund (DHS). 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.
| OPPE | DHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.42 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 3.97 | -0.52 |
| Martin ratioReturn relative to average drawdown | 13.34 | 14.58 | -1.24 |
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Drawdowns
OPPE vs. DHS - Drawdown Comparison
The maximum OPPE drawdown since its inception was -39.28%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for OPPE and DHS.
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Drawdown Indicators
| OPPE | DHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.28% | -67.25% | +27.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.83% | -6.30% | -2.53% |
Max Drawdown (3Y)Largest decline over 3 years | -15.04% | -11.87% | -3.17% |
Max Drawdown (5Y)Largest decline over 5 years | -24.49% | -15.28% | -9.21% |
Max Drawdown (10Y)Largest decline over 10 years | -39.28% | -37.35% | -1.93% |
Current DrawdownCurrent decline from peak | -0.08% | -2.23% | +2.15% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -9.48% | +4.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 1.71% | +0.57% |
Volatility
OPPE vs. DHS - Volatility Comparison
WisdomTree European Opportunities Fund (OPPE) and WisdomTree US High Dividend Fund (DHS) have volatilities of 3.82% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPPE | DHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 3.88% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | 7.92% | +4.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.34% | 10.43% | +3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.66% | 13.91% | +1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.91% | 16.09% | +0.82% |
OPPE vs. DHS - Expense Ratio Comparison
OPPE has a 0.58% expense ratio, which is higher than DHS's 0.38% expense ratio.
Dividends
OPPE vs. DHS - Dividend Comparison
OPPE's dividend yield for the trailing twelve months is around 2.57%, less than DHS's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHS WisdomTree US High Dividend Fund | 3.19% | 3.32% | 3.66% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.76% | 3.00% | 3.25% | 3.53% |
OPPE WisdomTree European Opportunities Fund | 2.57% | 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
OPPE and DHS have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHS has higher volatility (3.88%) compared to OPPE (3.82%). In terms of maximum drawdown, OPPE dropped -39.28% vs DHS's -67.25%.
On 10-year performance, OPPE leads with 13.25% vs 9.68% for DHS. On fees, DHS is cheaper at 0.38% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, OPPE has performed better with a 13.25% return vs 9.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DHS is cheaper with a 0.38% expense ratio, compared with 0.58% for OPPE.
DHS has the higher dividend yield at 3.19%, compared with 2.57% for OPPE.
OPPE is categorized as Europe Equities, while DHS is Large Cap Value Equities. OPPE tracks WisdomTree European Opportunities Index, while DHS tracks WisdomTree U.S. High Dividend Index. Their fees differ too: 0.58% for OPPE and 0.38% for DHS.
DHS currently has the higher Sharpe Ratio (2.41 vs 2.13), 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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