IVV vs OPPJ
iShares Core S&P 500 ETF vs WisdomTree Japan Opportunities Fund
Which is better, IVV or OPPJ?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. OPPJ led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 51.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | OPPJ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.58% |
| AUM | $876.4B | $289M |
| Dividend Yield | 1.06% | 1.11% |
| Holdings | 508 | 92 |
| YTD Return | +13.85% | +28.13%Best |
| 1Y Return | +18.57% | +44.45%Best |
| 3Y Return (annualized) | +23.50% | +30.91%Best |
| 5Y Return (annualized) | +13.34% | +24.40%Best |
| Volatility (annualized) | 14.5%Best | 14.8% |
| Max Drawdown | -33.9%Best | -41.7% |
| $10,000 over 5 years | $18,703 | $29,792Best |
| Top 10 Weight | 37.8%Best | 51.5% |
| Fund Family | iShares by BlackRock (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Jun 28, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Jun 28, 2013 to Sep 25, 2026 (13.2 years).
IVV vs OPPJ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 13.2 years both funds cover.
IVV vs OPPJ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and WisdomTree Japan Opportunities Fund (OPPJ) is an ETF from WisdomTree Investments. Over the past year IVV returned +18.57% while OPPJ returned +44.45%. Year to date, IVV is up 13.85% versus a gain of 28.13% for OPPJ.
Over three years, IVV compounded at +23.50% per year against +30.91% for OPPJ; over five years the annualized figures are +13.34% and +24.40% respectively. Across the full 13-year window we track, OPPJ has the edge at +13.36% annualized vs +13.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OPPJ has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 14.5% 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 -33.9% for IVV and -41.7% for OPPJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while OPPJ charges 0.58%. On a $10,000 position that is $3 vs $58 annually, a gap of $55 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.11% for OPPJ.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 88 in OPPJ, totalling 99.3% and 98.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 88 in OPPJ, against full books of 508 and 92.
What only one of them owns
Our book lists 2 positions for OPPJ that do not appear in our book for IVV (0.3% of the fund), and 482 for IVV that do not appear in OPPJ (98.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of IVV and OPPJ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or OPPJ?
IVV has an expense ratio of 0.03% while OPPJ charges 0.58%. IVV is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, IVV or OPPJ?
Over the past year IVV returned +18.57% vs +44.45% for OPPJ, so OPPJ leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +13.28% vs +13.36% for OPPJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OPPJ?
OPPJ has been the more volatile fund at 14.8% annualized versus 14.5% for IVV. Worst drawdown: IVV -33.9% vs OPPJ -41.7%.
Should I hold both IVV and OPPJ?
IVV and OPPJ have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or OPPJ?
IVV yields 1.06% while OPPJ yields 1.11%, so OPPJ currently pays the higher dividend yield.
Is OPPJ better than IVV?
IVV has a lower expense ratio. OPPJ led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 51.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.