RDVY vs. OPPJ
RDVY (First Trust Rising Dividend Achievers ETF) and OPPJ (WisdomTree Japan Opportunities ETF) are both exchange-traded funds - RDVY is a Large Cap Blend Equities fund tracking the NASDAQ US Rising Dividend Achievers, while OPPJ is a Japan Equities fund tracking the WisdomTree Japan Opportunities Index. Both are passively managed. Over the past 10 years, RDVY returned 16.29%/yr vs 17.80%/yr for OPPJ. A 0.54 correlation means they provide meaningful diversification when combined. RDVY charges 0.50%/yr vs 0.58%/yr for OPPJ.
Performance
RDVY vs. OPPJ - Performance Comparison
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Returns By Period
In the year-to-date period, RDVY achieves a 13.41% return, which is significantly lower than OPPJ's 26.23% return. Over the past 10 years, RDVY has underperformed OPPJ with an annualized return of 16.29%, while OPPJ has yielded a comparatively higher 17.80% annualized return.
RDVY
- 1D
- 1.11%
- 1M
- 5.69%
- YTD
- 13.41%
- 6M
- 12.60%
- 1Y
- 31.20%
- 3Y*
- 20.46%
- 5Y*
- 12.03%
- 10Y*
- 16.29%
OPPJ
- 1D
- 1.04%
- 1M
- -4.22%
- YTD
- 26.23%
- 6M
- 27.08%
- 1Y
- 64.16%
- 3Y*
- 33.91%
- 5Y*
- 25.20%
- 10Y*
- 17.80%
RDVY vs. OPPJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RDVY First Trust Rising Dividend Achievers ETF | 13.41% | 18.90% | 16.41% | 20.38% | -13.27% | 31.14% | 13.47% | 37.71% | -9.92% | 22.75% |
OPPJ WisdomTree Japan Opportunities ETF | 26.23% | 37.08% | 20.70% | 38.96% | 5.02% | 11.66% | -3.22% | 18.24% | -18.69% | 29.56% |
Correlation
The correlation between RDVY and OPPJ is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 7, 2014 | 0.54 |
The correlation between RDVY and OPPJ shifts across timeframes, from 0.41 (3 years) to 0.54 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RDVY vs. OPPJ — Risk / Return Rank
RDVY
OPPJ
RDVY vs. OPPJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Rising Dividend Achievers ETF (RDVY) 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.
| RDVY | OPPJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.53 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | 6.58 | -3.32 |
| Martin ratioReturn relative to average drawdown | 13.71 | 22.36 | -8.65 |
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Drawdowns
RDVY vs. OPPJ - Drawdown Comparison
The maximum RDVY drawdown since its inception was -40.60%, roughly equal to the maximum OPPJ drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for RDVY and OPPJ.
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Drawdown Indicators
| RDVY | OPPJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.60% | -39.30% | -1.30% |
Max Drawdown (1Y)Largest decline over 1 year | -9.04% | -9.82% | +0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -19.11% | -16.49% | -2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -25.32% | -16.49% | -8.83% |
Max Drawdown (10Y)Largest decline over 10 years | -40.60% | -39.30% | -1.30% |
Current DrawdownCurrent decline from peak | 0.00% | -4.22% | +4.22% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -6.49% | +1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 2.89% | -0.74% |
Volatility
RDVY vs. OPPJ - Volatility Comparison
The current volatility for First Trust Rising Dividend Achievers ETF (RDVY) is 5.04%, while WisdomTree Japan Opportunities ETF (OPPJ) has a volatility of 5.83%. This indicates that RDVY experiences smaller price fluctuations and is considered to be less risky 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
| RDVY | OPPJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 5.83% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 11.50% | 15.99% | -4.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.48% | 20.10% | -5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.98% | 18.15% | +0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.13% | 19.73% | +1.40% |
RDVY vs. OPPJ - Expense Ratio Comparison
RDVY has a 0.50% expense ratio, which is lower than OPPJ's 0.58% expense ratio.
Dividends
RDVY vs. OPPJ - Dividend Comparison
RDVY's dividend yield for the trailing twelve months is around 0.89%, less than OPPJ's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPPJ WisdomTree Japan Opportunities ETF | 1.50% | 1.78% | 4.02% | 2.71% | 2.63% | 2.96% | 3.04% | 2.17% | 2.06% | 1.53% | 1.66% | 3.61% |
RDVY First Trust Rising Dividend Achievers ETF | 0.89% | 1.11% | 1.64% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% |
Frequently Asked Questions
RDVY and OPPJ have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPPJ has higher volatility (5.83%) compared to RDVY (5.04%). In terms of maximum drawdown, RDVY dropped -40.60% vs OPPJ's -39.30%.
On 10-year performance, OPPJ leads with 17.80% vs 16.29% for RDVY. On fees, RDVY is cheaper at 0.50% per year. On volatility, RDVY has been the lower-risk option at 5.04%. 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 17.80% return vs 16.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RDVY is cheaper with a 0.50% expense ratio, compared with 0.58% for OPPJ.
OPPJ has the higher dividend yield at 1.50%, compared with 0.89% for RDVY.
RDVY is categorized as Large Cap Blend Equities, while OPPJ is Japan Equities. RDVY tracks NASDAQ US Rising Dividend Achievers, while OPPJ tracks WisdomTree Japan Opportunities Index. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.50% for RDVY and 0.58% for OPPJ.
OPPJ currently has the higher Sharpe Ratio (3.22 vs 2.03), 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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