IVV vs OPPE
iShares Core S&P 500 ETF vs WisdomTree European Opportunities Fund
Quick Verdict
IVV has a lower expense ratio. OPPE delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | OPPE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.81% | |
| AUM | $865.2B | $285M | |
| Dividend Yield | 1.09% | 2.74% | |
| Holdings | 508 | 105 | |
| YTD Return | +13.80% | +18.49% | |
| 1Y Return | +23.01% | +29.73% | |
| 3Y Return (annualized) | +21.77% | +25.10% | |
| 5Y Return (annualized) | +13.39% | +14.55% | |
| Volatility (annualized) | 15.1% | 16.3% | |
| Max Drawdown | -56.5% | -39.3% | |
| Fund Family | iShares by BlackRock (US) | WisdomTree Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Mar 4, 2015 |
IVV vs OPPE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and WisdomTree European Opportunities Fund (OPPE) is a ETF from WisdomTree Investments. Over the past year IVV returned +23.01% while OPPE returned +29.73%. Year to date, IVV is up 13.80% versus a gain of 18.49% for OPPE.
Over three years, IVV compounded at +21.77% per year against +25.10% for OPPE; over five years the annualized figures are +13.39% and +14.55% respectively. Across the full 11-year window we track, OPPE has the edge at +9.88% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OPPE has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -39.3% for OPPE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while OPPE charges 0.81%. On a $10,000 position that is $3 vs $81 annually, a gap of $78 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.74% for OPPE.
Holdings Overlap
IVV and OPPE share 1 holdings out of 592 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in OPPE | Difference |
|---|---|---|---|
| KR | 0.05% | 0.00% | 0.05% |
Frequently Asked Questions
Which is cheaper, IVV or OPPE?
IVV has an expense ratio of 0.03% while OPPE charges 0.81%. IVV is the cheaper option. On a $10,000 investment, that is $78 per year of difference.
Which performed better, IVV or OPPE?
Over the past year IVV returned +23.01% vs +29.73% for OPPE, so OPPE leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +7.04% vs +9.88% for OPPE. Past performance does not guarantee future results.
Which is riskier, IVV or OPPE?
OPPE has been the more volatile fund at 16.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs OPPE -39.3%.
Should I hold both IVV and OPPE?
IVV and OPPE have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and OPPE?
IVV and OPPE share 1 common holdings with a 0.0% weight overlap. Combined, they hold 592 unique securities.
Which pays a higher dividend, IVV or OPPE?
IVV yields 1.09% while OPPE yields 2.74%, so OPPE currently pays the higher dividend yield.
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