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 6.99%/yr vs 24.96%/yr for OPPJ. At a 0.29 correlation, their price movements are largely independent.
Performance
PSN vs. OPPJ - Performance Comparison
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Returns By Period
In the year-to-date period, PSN achieves a -12.57% return, which is significantly lower than OPPJ's 25.07% return.
PSN
- 1D
- -1.51%
- 1M
- -4.71%
- 6M
- -21.90%
- YTD
- -12.57%
- 1Y
- -27.83%
- 3Y*
- 4.41%
- 5Y*
- 6.99%
- 10Y*
- —
OPPJ
- 1D
- 1.19%
- 1M
- -0.92%
- 6M
- 15.71%
- YTD
- 25.07%
- 1Y
- 60.60%
- 3Y*
- 33.55%
- 5Y*
- 24.96%
- 10Y*
- 17.32%
PSN vs. OPPJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PSN Parsons Corporation | -12.57% | -33.01% | 47.11% | 35.59% | 37.44% | -7.58% | -11.80% | 34.68% |
OPPJ WisdomTree Japan Opportunities ETF | 25.07% | 37.08% | 20.70% | 38.96% | 5.02% | 11.66% | -3.22% | 11.20% |
Correlation
The correlation between PSN and OPPJ is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.29 |
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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 | -3.52 | ||
| Sortino ratioReturn per unit of downside risk | -4.36 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.47 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 6.20 | -6.79 |
| Martin ratioReturn relative to average drawdown | -1.04 | 19.65 | -20.69 |
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Drawdowns
PSN vs. OPPJ - Drawdown Comparison
The maximum PSN drawdown since its inception was -58.48%, 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 | -58.48% | -39.30% | -19.18% |
Max Drawdown (1Y)Largest decline over 1 year | -47.31% | -9.82% | -37.49% |
Max Drawdown (3Y)Largest decline over 3 years | -58.48% | -16.49% | -41.99% |
Max Drawdown (5Y)Largest decline over 5 years | -58.48% | -16.49% | -41.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.30% | — |
Current DrawdownCurrent decline from peak | -52.32% | -5.09% | -47.23% |
Average DrawdownAverage peak-to-trough decline | -17.14% | -6.48% | -10.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.86% | 3.10% | +23.76% |
Volatility
PSN vs. OPPJ - Volatility Comparison
Parsons Corporation (PSN) has a higher volatility of 14.93% compared to WisdomTree Japan Opportunities ETF (OPPJ) at 7.59%. 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 | 14.93% | 7.59% | +7.34% |
Volatility (6M)Calculated over the trailing 6-month period | 32.77% | 17.00% | +15.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.05% | 21.02% | +24.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.99% | 18.32% | +15.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.19% | 19.56% | +15.63% |
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 1.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPPJ WisdomTree Japan Opportunities ETF | 1.12% | 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 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSN has higher volatility (14.93%) compared to OPPJ (7.59%). In terms of maximum drawdown, PSN dropped -58.48% vs OPPJ's -39.30%.
OPPJ currently has the higher Sharpe Ratio (2.90 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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