OPPJ vs. EPI
OPPJ (WisdomTree Japan Opportunities ETF) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - OPPJ is a Japan Equities fund tracking the WisdomTree Japan Opportunities Index, while EPI is a India Equities fund tracking the WisdomTree India Earnings Index. Both are passively managed. Over the past 10 years, OPPJ returned 17.19%/yr vs 8.67%/yr for EPI. At a 0.41 correlation, their price movements are largely independent. OPPJ charges 0.58%/yr vs 0.84%/yr for EPI.
Performance
OPPJ vs. EPI - Performance Comparison
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Returns By Period
In the year-to-date period, OPPJ achieves a 23.60% return, which is significantly higher than EPI's -8.55% return. Over the past 10 years, OPPJ has outperformed EPI with an annualized return of 17.19%, while EPI has yielded a comparatively lower 8.67% annualized return.
OPPJ
- 1D
- -2.10%
- 1M
- -2.08%
- 6M
- 14.84%
- YTD
- 23.60%
- 1Y
- 59.51%
- 3Y*
- 33.02%
- 5Y*
- 24.42%
- 10Y*
- 17.19%
EPI
- 1D
- -0.68%
- 1M
- 0.62%
- 6M
- -7.39%
- YTD
- -8.55%
- 1Y
- -9.44%
- 3Y*
- 6.02%
- 5Y*
- 5.95%
- 10Y*
- 8.67%
OPPJ vs. EPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPPJ WisdomTree Japan Opportunities ETF | 23.60% | 37.08% | 20.70% | 38.96% | 5.02% | 11.66% | -3.22% | 18.24% | -18.69% | 29.56% |
EPI WisdomTree India Earnings Fund | -8.55% | 2.25% | 10.70% | 26.03% | -4.74% | 26.41% | 18.55% | 1.53% | -9.88% | 39.14% |
Correlation
The correlation between OPPJ and EPI is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2013 | 0.41 |
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Return for Risk
OPPJ vs. EPI — Risk / Return Rank
OPPJ
EPI
OPPJ vs. EPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Opportunities ETF (OPPJ) and WisdomTree India Earnings Fund (EPI). 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.
| OPPJ | EPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.47 | ||
| Sortino ratioReturn per unit of downside risk | +4.48 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 0.91 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 6.09 | -0.59 | +6.68 |
| Martin ratioReturn relative to average drawdown | 19.33 | -1.39 | +20.72 |
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Drawdowns
OPPJ vs. EPI - Drawdown Comparison
The maximum OPPJ drawdown since its inception was -39.30%, smaller than the maximum EPI drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for OPPJ and EPI.
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Drawdown Indicators
| OPPJ | EPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.30% | -66.21% | +26.91% |
Max Drawdown (1Y)Largest decline over 1 year | -9.82% | -15.94% | +6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -16.49% | -21.89% | +5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -16.49% | -21.89% | +5.40% |
Max Drawdown (10Y)Largest decline over 10 years | -39.30% | -50.29% | +10.99% |
Current DrawdownCurrent decline from peak | -6.21% | -16.49% | +10.28% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -18.63% | +12.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 6.81% | -3.72% |
Volatility
OPPJ vs. EPI - Volatility Comparison
WisdomTree Japan Opportunities ETF (OPPJ) has a higher volatility of 8.02% compared to WisdomTree India Earnings Fund (EPI) at 4.28%. This indicates that OPPJ's price experiences larger fluctuations and is considered to be riskier than EPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPPJ | EPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 4.28% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 13.09% | +4.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.04% | 15.30% | +5.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.31% | 16.28% | +2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.55% | 20.27% | -0.72% |
OPPJ vs. EPI - Expense Ratio Comparison
OPPJ has a 0.58% expense ratio, which is lower than EPI's 0.84% expense ratio.
Dividends
OPPJ vs. EPI - Dividend Comparison
OPPJ's dividend yield for the trailing twelve months is around 1.13%, while EPI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPI WisdomTree India Earnings Fund | 0.00% | 0.00% | 0.27% | 0.15% | 6.01% | 1.18% | 0.78% | 1.17% | 1.18% | 0.85% | 1.05% | 1.20% |
OPPJ WisdomTree Japan Opportunities ETF | 1.13% | 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
OPPJ and EPI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPPJ has higher volatility (8.02%) compared to EPI (4.28%). In terms of maximum drawdown, OPPJ dropped -39.30% vs EPI's -66.21%.
On 10-year performance, OPPJ leads with 17.19% vs 8.67% for EPI. On fees, OPPJ is cheaper at 0.58% per year. On volatility, EPI has been the lower-risk option at 4.28%. 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 17.19% return vs 8.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OPPJ is cheaper with a 0.58% expense ratio, compared with 0.84% for EPI.
OPPJ has the higher dividend yield at 1.13%, compared with 0.00% for EPI.
OPPJ is categorized as Japan Equities, while EPI is India Equities. OPPJ tracks WisdomTree Japan Opportunities Index, while EPI tracks WisdomTree India Earnings Index. Their fees differ too: 0.58% for OPPJ and 0.84% for EPI.
OPPJ currently has the higher Sharpe Ratio (2.85 vs -0.62), 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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