PSN vs. OPPJ
PSN (Parsons Corporation) is a stock, while OPPJ (WisdomTree Japan Opportunities ETF) is Japan Equities fund tracking the WisdomTree Japan Opportunities Index. Over the past 5 years, PSN returned 8.27%/yr vs 24.18%/yr for OPPJ. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
PSN vs. OPPJ - Performance Comparison
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Returns By Period
In the year-to-date period, PSN achieves a -22.96% return, which is significantly lower than OPPJ's 21.36% return.
PSN
- 1D
- 7.69%
- 1M
- -15.42%
- 6M
- -30.33%
- YTD
- -22.96%
- 1Y
- -35.42%
- 3Y*
- -4.02%
- 5Y*
- 8.27%
- 10Y*
- —
- ALL TIME*
- 6.27%
OPPJ
- 1D
- -0.35%
- 1M
- -2.28%
- 6M
- 11.10%
- YTD
- 21.36%
- 1Y
- 52.64%
- 3Y*
- 31.02%
- 5Y*
- 24.18%
- 10Y*
- 17.17%
- ALL TIME*
- 15.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.37M | $2.34M | $4.35M | |
| $127.09M | $87.35M | $73.91M |
PSN vs. OPPJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PSN Parsons Corporation | -22.96% | -33.01% | 47.11% | 35.59% | 37.44% | -7.58% | -11.80% | 34.68% |
OPPJ WisdomTree Japan Opportunities ETF | 21.36% | 37.08% | 20.70% | 38.96% | 5.02% | 11.66% | -3.22% | 11.20% |
Correlation
The correlation between PSN and OPPJ is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.29 |
The correlation between PSN and OPPJ shifts across timeframes, from 0.18 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PSN vs. OPPJ — Risk / Return Rank
PSN
OPPJ
PSN vs. OPPJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parsons Corporation (PSN) and WisdomTree Japan Opportunities ETF (OPPJ). 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.
| PSN | OPPJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.11 | ||
| Sortino ratioReturn per unit of downside risk | -3.80 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.41 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | 5.38 | -6.03 |
| Martin ratioReturn relative to average drawdown | -1.24 | 15.15 | -16.39 |
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Drawdowns
PSN vs. OPPJ - Drawdown Comparison
The maximum PSN drawdown since its inception was -64.42%, which is greater than OPPJ's maximum drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for PSN and OPPJ.
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Drawdown Indicators
| PSN | OPPJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.42% | -39.30% | -25.12% |
Max Drawdown (1Y)Largest decline over 1 year | -54.84% | -9.82% | -45.02% |
Max Drawdown (3Y)Largest decline over 3 years | -64.42% | -16.49% | -47.93% |
Max Drawdown (5Y)Largest decline over 5 years | -64.42% | -16.49% | -47.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.30% | — |
Current DrawdownCurrent decline from peak | -57.98% | -7.91% | -50.07% |
Average DrawdownAverage peak-to-trough decline | -17.41% | -6.48% | -10.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.50% | 3.48% | +25.02% |
Volatility
PSN vs. OPPJ - Volatility Comparison
Parsons Corporation (PSN) has a higher volatility of 46.30% compared to WisdomTree Japan Opportunities ETF (OPPJ) at 7.79%. This indicates that PSN's price experiences larger fluctuations and is considered to be riskier than OPPJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSN | OPPJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 46.30% | 7.79% | +38.51% |
Volatility (6M)Calculated over the trailing 6-month period | 55.61% | 17.52% | +38.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.69% | 21.19% | +37.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.89% | 18.40% | +19.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.76% | 19.61% | +18.15% |
Dividends
PSN vs. OPPJ - Dividend Comparison
PSN has not paid dividends to shareholders, while OPPJ's dividend yield for the trailing twelve months is around 1.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPPJ WisdomTree Japan Opportunities ETF | 1.15% | 1.78% | 4.02% | 2.71% | 2.63% | 2.96% | 3.04% | 2.17% | 2.06% | 1.53% | 1.66% | 3.61% |
PSN Parsons Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PSN and OPPJ have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSN has higher volatility (46.30%) compared to OPPJ (7.79%). In terms of maximum drawdown, PSN dropped -64.42% vs OPPJ's -39.30%.
OPPJ currently has the higher Sharpe Ratio (2.50 vs -0.61), 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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