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VPL vs. OPPJ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VPL vs. OPPJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE Pacific ETF (VPL) and WisdomTree Japan Opportunities ETF (OPPJ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VPL achieves a 20.61% return, which is significantly lower than OPPJ's 21.79% return. Over the past 10 years, VPL has underperformed OPPJ with an annualized return of 9.52%, while OPPJ has yielded a comparatively higher 17.38% annualized return.


VPL

1D
-1.01%
1M
-2.62%
6M
10.34%
YTD
20.61%
1Y
37.66%
3Y*
18.88%
5Y*
9.33%
10Y*
9.52%
ALL TIME*
6.48%

OPPJ

1D
-1.46%
1M
-1.94%
6M
10.68%
YTD
21.79%
1Y
53.17%
3Y*
30.33%
5Y*
24.11%
10Y*
17.38%
ALL TIME*
15.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$2.14M$2.43M$4.32M
$40.49M$47.90M$62.42M

VPL vs. OPPJ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VPL
Vanguard FTSE Pacific ETF
20.61%32.66%1.68%15.58%-15.20%1.10%16.65%18.16%-14.40%28.85%
OPPJ
WisdomTree Japan Opportunities ETF
21.79%37.08%20.70%38.96%5.02%11.66%-3.22%18.24%-18.69%29.56%

Correlation

The correlation between VPL and OPPJ is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.71

Correlation (3Y)
Balances recent behavior with more history.

0.64

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.62

Correlation (10Y)
Provides a long-term view across more market conditions.

0.68

Correlation (All Time)
Calculated using the full available price history since Jun 28, 2013

0.70

The correlation between VPL and OPPJ has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.

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Return for Risk

VPL vs. OPPJ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VPL
VPL Risk / Return Rank: 7272
Overall Rank
VPL Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
VPL Sortino Ratio Rank: 6565
Sortino Ratio Rank
VPL Omega Ratio Rank: 7373
Omega Ratio Rank
VPL Calmar Ratio Rank: 8080
Calmar Ratio Rank
VPL Martin Ratio Rank: 7171
Martin Ratio Rank

OPPJ
OPPJ Risk / Return Rank: 9292
Overall Rank
OPPJ Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
OPPJ Sortino Ratio Rank: 9292
Sortino Ratio Rank
OPPJ Omega Ratio Rank: 9090
Omega Ratio Rank
OPPJ Calmar Ratio Rank: 9595
Calmar Ratio Rank
OPPJ Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VPL vs. OPPJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Pacific ETF (VPL) 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.


VPLOPPJDifference
Sharpe ratioReturn per unit of total volatility

-0.95

Sortino ratioReturn per unit of downside risk

-1.20

Omega ratioGain probability vs. loss probability

1.30

1.42

-0.12

Calmar ratioReturn relative to maximum drawdown

2.84

5.48

-2.64

Martin ratioReturn relative to average drawdown

8.65

15.58

-6.93

VPL vs. OPPJ - Sharpe Ratio Comparison

The current VPL Sharpe Ratio is 1.59, which is lower than the OPPJ Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of VPL and OPPJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

VPL vs. OPPJ - Drawdown Comparison

The maximum VPL drawdown since its inception was -55.49%, which is greater than OPPJ's maximum drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for VPL and OPPJ.


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Drawdown Indicators


VPLOPPJDifference

Max Drawdown

Largest peak-to-trough decline

-55.49%

-39.30%

-16.19%

Max Drawdown (1Y)

Largest decline over 1 year

-13.33%

-9.82%

-3.51%

Max Drawdown (3Y)

Largest decline over 3 years

-16.35%

-16.49%

+0.14%

Max Drawdown (5Y)

Largest decline over 5 years

-31.09%

-16.49%

-14.60%

Max Drawdown (10Y)

Largest decline over 10 years

-33.90%

-39.30%

+5.40%

Current Drawdown

Current decline from peak

-9.69%

-7.58%

-2.11%

Average Drawdown

Average peak-to-trough decline

-11.59%

-6.48%

-5.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.37%

3.45%

+0.92%

Volatility

VPL vs. OPPJ - Volatility Comparison

Vanguard FTSE Pacific ETF (VPL) has a higher volatility of 9.21% compared to WisdomTree Japan Opportunities ETF (OPPJ) at 7.90%. This indicates that VPL'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


VPLOPPJDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.21%

7.90%

+1.31%

Volatility (6M)

Calculated over the trailing 6-month period

21.74%

17.53%

+4.21%

Volatility (1Y)

Calculated over the trailing 1-year period

23.77%

21.14%

+2.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.34%

18.39%

-0.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.73%

19.62%

-1.89%

VPL vs. OPPJ - Expense Ratio Comparison

VPL has a 0.08% expense ratio, which is lower than OPPJ's 0.58% expense ratio.


Dividends

VPL vs. OPPJ - Dividend Comparison

VPL's dividend yield for the trailing twelve months is around 2.77%, more than OPPJ's 1.15% yield.


PositionTTM20252024202320222021202020192018201720162015
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%
VPL
Vanguard FTSE Pacific ETF
2.77%4.01%3.15%3.12%2.75%3.19%1.81%2.84%3.06%2.57%2.65%2.43%

Frequently Asked Questions


VPL and OPPJ have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VPL has higher volatility (9.21%) compared to OPPJ (7.90%). In terms of maximum drawdown, VPL dropped -55.49% vs OPPJ's -39.30%.

On 10-year performance, OPPJ leads with 17.38% vs 9.52% for VPL. On fees, VPL is cheaper at 0.08% per year. On volatility, OPPJ has been the lower-risk option at 7.90%. 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 17.38% return vs 9.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VPL is cheaper with a 0.08% expense ratio, compared with 0.58% for OPPJ.

VPL has the higher dividend yield at 2.77%, compared with 1.15% for OPPJ.

VPL is categorized as Asia Pacific Equities, while OPPJ is Japan Equities. VPL tracks FTSE Developed Asia Pacific Index, while OPPJ tracks WisdomTree Japan Opportunities Index. They also come from different issuers: Vanguard and WisdomTree. Their fees differ too: 0.08% for VPL and 0.58% for OPPJ.

OPPJ currently has the higher Sharpe Ratio (2.55 vs 1.59), 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.

Portfolio Optimizer

Find the right allocation for VPL and OPPJ

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