OPPG vs. BDVL

Last updated Aug 5, 2026

OPPG (WisdomTree GeoAlpha Opportunities Fund) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds - OPPG tracks the WisdomTree GeoAlpha Opportunities Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. Their 0.79 correlation means they have sometimes moved together and sometimes differently. OPPG charges 0.58%/yr vs 0.40%/yr for BDVL.

Performance

OPPG vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree GeoAlpha Opportunities Fund (OPPG) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OPPG

• 1D: 1.90%
• 1M: 2.90%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BDVL

• 1D: 1.28%
• 1M: 2.45%
• 6M: 6.72%
• YTD: 8.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BDVL iShares Disciplined Volatility Equity Active ETF	$6.14M	$6.05M	$7.27M
OPPG WisdomTree GeoAlpha Opportunities Fund	$169.47K	$79.83K	$79.83K

OPPG vs. BDVL - Yearly Performance Comparison

	2026 (YTD)
OPPG WisdomTree GeoAlpha Opportunities Fund	2.90%
BDVL iShares Disciplined Volatility Equity Active ETF	2.45%

Correlation

The correlation between OPPG and BDVL is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 6, 2026	0.79

Return for Risk

OPPG vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree GeoAlpha Opportunities Fund (OPPG) and iShares Disciplined Volatility Equity Active ETF (BDVL). 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.

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

Drawdowns

OPPG vs. BDVL - Drawdown Comparison

The maximum OPPG drawdown since its inception was -3.61%, smaller than the maximum BDVL drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for OPPG and BDVL.

Drawdown Indicators

	OPPG	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-3.61%	-7.71%	+4.10%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.19%	-1.12%	-0.07%

Volatility

Volatility by Period

	OPPG	BDVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.94%	9.50%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.94%	9.50%	+5.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.94%	9.50%	+5.44%

OPPG vs. BDVL - Expense Ratio Comparison

OPPG has a 0.58% expense ratio, which is higher than BDVL's 0.40% expense ratio.

Dividends

OPPG vs. BDVL - Dividend Comparison

OPPG has not paid dividends to shareholders, while BDVL's dividend yield for the trailing twelve months is around 3.43%.

Position	TTM	2025
BDVL iShares Disciplined Volatility Equity Active ETF	3.43%	2.79%
OPPG WisdomTree GeoAlpha Opportunities Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both OPPG and BDVL in my portfolio?

OPPG and BDVL have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OPPG or BDVL?

On fees, BDVL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OPPG or BDVL?

BDVL is cheaper with a 0.40% expense ratio, compared with 0.58% for OPPG.

Which ETF pays a higher dividend yield, OPPG or BDVL?

BDVL has the higher dividend yield at 3.43%, compared with 0.00% for OPPG.

What is the main difference between OPPG and BDVL?

OPPG tracks WisdomTree GeoAlpha Opportunities Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.58% for OPPG and 0.40% for BDVL.