XNTK vs. OPPE

Last updated Jul 14, 2026

XNTK (State Street SPDR NYSE Technology ETF) and OPPE (WisdomTree European Opportunities Fund) are both exchange-traded funds - XNTK is a Technology Equities fund tracking the NYSE Technology Index, while OPPE is a Europe Equities fund tracking the WisdomTree European Opportunities Index. Both are passively managed. Over the past 10 years, XNTK returned 24.56%/yr vs 12.83%/yr for OPPE. A 0.61 correlation means they provide meaningful diversification when combined. XNTK charges 0.35%/yr vs 0.58%/yr for OPPE.

Performance

XNTK vs. OPPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR NYSE Technology ETF (XNTK) and WisdomTree European Opportunities Fund (OPPE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNTK achieves a 28.94% return, which is significantly higher than OPPE's 12.84% return. Over the past 10 years, XNTK has outperformed OPPE with an annualized return of 24.56%, while OPPE has yielded a comparatively lower 12.83% annualized return.

XNTK

• 1D: -2.95%
• 1M: -2.95%
• 6M: 24.19%
• YTD: 28.94%
• 1Y: 51.65%
• 3Y*: 35.76%
• 5Y*: 18.39%
• 10Y*: 24.56%

OPPE

• 1D: -0.18%
• 1M: -0.44%
• 6M: 9.44%
• YTD: 12.84%
• 1Y: 23.91%
• 3Y*: 22.76%
• 5Y*: 13.97%
• 10Y*: 12.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XNTK vs. OPPE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XNTK State Street SPDR NYSE Technology ETF	28.94%	38.06%	23.49%	70.13%	-41.07%	17.63%	73.91%	38.08%	-7.13%	40.37%
OPPE WisdomTree European Opportunities Fund	12.84%	38.80%	10.42%	19.80%	-11.14%	23.52%	-2.92%	28.60%	-13.34%	22.25%

Correlation

The correlation between XNTK and OPPE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Mar 4, 2015	0.61

The correlation between XNTK and OPPE has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.

XNTK vs. OPPE - Sectors Allocation Comparison

Sectors	XNTK	OPPE
Technology	83.3%	7.8%
Communication Services	8.6%	1.5%
Consumer Cyclical	8.0%	3.3%
Basic Materials	-	11.0%
Consumer Defensive	-	4.2%
Energy	-	8.7%
Financial Services	-	23.3%
Healthcare	-	4.6%
Industrials	-	28.1%
Real Estate	-	1.4%
Utilities	-	6.0%

Return for Risk

XNTK vs. OPPE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XNTK

XNTK Risk / Return Rank: 69
XNTK Sharpe Ratio Rank: 73
XNTK Sortino Ratio Rank: 63
XNTK Omega Ratio Rank: 66
XNTK Calmar Ratio Rank: 75
XNTK Martin Ratio Rank: 67

OPPE

OPPE Risk / Return Rank: 65
OPPE Sharpe Ratio Rank: 63
OPPE Sortino Ratio Rank: 63
OPPE Omega Ratio Rank: 61
OPPE Calmar Ratio Rank: 69
OPPE Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XNTK vs. OPPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR NYSE Technology ETF (XNTK) and WisdomTree European Opportunities Fund (OPPE). 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.

	XNTK	OPPE	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.66	+0.20
Sortino ratio: Return per unit of downside risk	2.33	2.34	-0.01
Omega ratio: Gain probability vs. loss probability	1.32	1.30	+0.02
Calmar ratio: Return relative to maximum drawdown	3.05	2.72	+0.33
Martin ratio: Return relative to average drawdown	9.62	10.08	-0.46

XNTK vs. OPPE - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 1.85, which is comparable to the OPPE Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of XNTK and OPPE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XNTK vs. OPPE - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than OPPE's maximum drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for XNTK and OPPE.

Drawdown Indicators

	XNTK	OPPE	Difference
Max Drawdown Largest peak-to-trough decline	-72.38%	-39.28%	-33.10%
Max Drawdown (1Y) Largest decline over 1 year	-17.00%	-8.83%	-8.17%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-15.04%	-13.07%
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	-24.49%	-23.79%
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	-39.28%	-9.00%
Current Drawdown Current decline from peak	-8.36%	-1.04%	-7.32%
Average Drawdown Average peak-to-trough decline	-21.23%	-5.43%	-15.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	2.38%	+3.01%

Volatility

XNTK vs. OPPE - Volatility Comparison

State Street SPDR NYSE Technology ETF (XNTK) has a higher volatility of 13.87% compared to WisdomTree European Opportunities Fund (OPPE) at 4.54%. This indicates that XNTK's price experiences larger fluctuations and is considered to be riskier than OPPE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNTK	OPPE	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.87%	4.54%	+9.33%
Volatility (6M) Calculated over the trailing 6-month period	23.76%	12.62%	+11.14%
Volatility (1Y) Calculated over the trailing 1-year period	28.05%	14.54%	+13.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.78%	15.67%	+13.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.03%	16.90%	+10.13%

XNTK vs. OPPE - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is lower than OPPE's 0.58% expense ratio.

Dividends

XNTK vs. OPPE - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.15%, less than OPPE's 2.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OPPE WisdomTree European Opportunities Fund	2.69%	2.95%	3.99%	3.53%	5.13%	2.39%	3.42%	3.08%	2.34%	1.46%	2.60%	4.39%
XNTK State Street SPDR NYSE Technology ETF	0.15%	0.23%	0.42%	0.34%	0.85%	0.34%	0.30%	0.61%	29.64%	1.29%	0.81%	0.93%

Frequently Asked Questions

Can I hold both XNTK and OPPE in my portfolio?

XNTK and OPPE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XNTK or OPPE?

XNTK has higher volatility (13.87%) compared to OPPE (4.54%). In terms of maximum drawdown, XNTK dropped -72.38% vs OPPE's -39.28%.

Which ETF is better, XNTK or OPPE?

On 10-year performance, XNTK leads with 24.56% vs 12.83% for OPPE. On fees, XNTK is cheaper at 0.35% per year. On volatility, OPPE has been the lower-risk option at 4.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XNTK or OPPE?

Over the 10-year period, XNTK has performed better with a 24.56% return vs 12.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNTK or OPPE?

XNTK is cheaper with a 0.35% expense ratio, compared with 0.58% for OPPE.

Which ETF pays a higher dividend yield, XNTK or OPPE?

OPPE has the higher dividend yield at 2.69%, compared with 0.15% for XNTK.

What is the main difference between XNTK and OPPE?

XNTK is categorized as Technology Equities, while OPPE is Europe Equities. XNTK tracks NYSE Technology Index, while OPPE tracks WisdomTree European Opportunities Index. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.35% for XNTK and 0.58% for OPPE.

Which has better risk-adjusted returns?

XNTK currently has the higher Sharpe Ratio (1.85 vs 1.66), 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.