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OPPE vs. EUSC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OPPE vs. EUSC

Last updated Jun 24, 2026

OPPE (WisdomTree European Opportunities Fund) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds from WisdomTree - OPPE tracks the WisdomTree European Opportunities Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity 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

OPPE vs. EUSC - Performance Comparison

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

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Returns By Period

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%

EUSC

1D
0.00%
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

OPPE vs. EUSC - Yearly Performance Comparison

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

Correlation

The correlation between OPPE and EUSC 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

OPPE vs. EUSC - Sectors Allocation Comparison

Sectors
OPPE
EUSC

Industrials

28.1%
20.1%

Financial Services

23.3%
28.4%

Basic Materials

11.0%
6.5%

Energy

8.7%
3.7%

Technology

7.8%
4.4%

Utilities

6.0%
6.5%

Healthcare

4.6%
2.9%

Consumer Defensive

4.2%
4.1%

Consumer Cyclical

3.3%
9.1%

Communication Services

1.5%
5.0%

Real Estate

1.4%
9.3%

Industrials

OPPE
28.1%
EUSC
20.1%

Financial Services

OPPE
23.3%
EUSC
28.4%

Basic Materials

OPPE
11.0%
EUSC
6.5%

Energy

OPPE
8.7%
EUSC
3.7%

Technology

OPPE
7.8%
EUSC
4.4%

Utilities

OPPE
6.0%
EUSC
6.5%

Healthcare

OPPE
4.6%
EUSC
2.9%

Consumer Defensive

OPPE
4.2%
EUSC
4.1%

Consumer Cyclical

OPPE
3.3%
EUSC
9.1%

Communication Services

OPPE
1.5%
EUSC
5.0%

Real Estate

OPPE
1.4%
EUSC
9.3%

Compare stocks, funds, or ETFs

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

WisdomTree European Opportunities Fund

WisdomTree Europe Hedged SmallCap Equity Fund

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

Return for Risk

OPPE vs. EUSC — Risk / Return Rank

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

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

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.

OPPE vs. EUSC - Risk-Adjusted Trends Comparison

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

OPPEEUSCDifference
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

—

—

OPPE vs. EUSC - Sharpe Ratio Comparison

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Drawdowns

OPPE vs. EUSC - Drawdown Comparison

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

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Drawdown Indicators

OPPEEUSCDifference

Max Drawdown

Largest peak-to-trough decline

-39.28%

0.00%

-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

-2.21%

0.00%

-2.21%

Average Drawdown

Average peak-to-trough decline

-5.45%

0.00%

-5.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.34%

—

—

Volatility

OPPE vs. EUSC - Volatility Comparison

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Volatility by Period

OPPEEUSCDifference

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

14.41%

1.10%

+13.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.66%

1.10%

+14.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.98%

1.10%

+15.88%

OPPE vs. EUSC - Expense Ratio Comparison

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

Dividends

OPPE vs. EUSC - Dividend Comparison

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

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

OPPE and EUSC 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.

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

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

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

Portfolio Optimizer

Find the right allocation for OPPE and EUSC

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