OPPE vs VYM
WisdomTree European Opportunities Fund vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. OPPE delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | OPPE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.81% | 0.04% | |
| AUM | $285M | $79.0B | |
| Dividend Yield | 2.74% | 2.86% | |
| Holdings | 105 | 568 | |
| YTD Return | +18.27% | +16.16% | |
| 1Y Return | +29.49% | +26.05% | |
| 3Y Return (annualized) | +24.96% | +18.43% | |
| 5Y Return (annualized) | +14.41% | +12.21% | |
| Volatility (annualized) | 16.3% | 14.6% | |
| Max Drawdown | -39.3% | -58.8% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 4, 2015 | Nov 10, 2006 |
OPPE vs VYM Performance
WisdomTree European Opportunities Fund (OPPE) is a ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year OPPE returned +29.49% while VYM returned +26.05%. Year to date, OPPE is up 18.27% versus a gain of 16.16% for VYM.
Over three years, OPPE compounded at +24.96% per year against +18.43% for VYM; over five years the annualized figures are +14.41% and +12.21% respectively. Across the full 11-year window we track, OPPE has the edge at +9.86% annualized vs +7.09%. 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 14.6% for VYM. 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 -39.3% for OPPE and -58.8% for VYM. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OPPE charges 0.81% per year while VYM charges 0.04%. On a $10,000 position that is $81 vs $4 annually, a gap of $77 per year that compounds over a long holding period. On income, OPPE currently yields 2.74% against 2.86% for VYM.
Holdings Overlap
OPPE and VYM share 1 holdings out of 645 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 OPPE | Weight in VYM | Difference |
|---|---|---|---|
| KR | 0.00% | 0.18% | 0.18% |
Frequently Asked Questions
Which is cheaper, OPPE or VYM?
OPPE has an expense ratio of 0.81% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, OPPE or VYM?
Over the past year OPPE returned +29.49% vs +26.05% for VYM, so OPPE leads on 1-year performance. Over the longest common window we track (11 years), OPPE annualized +9.86% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, OPPE or VYM?
OPPE has been the more volatile fund at 16.3% annualized versus 14.6% for VYM. Worst drawdown: OPPE -39.3% vs VYM -58.8%.
Should I hold both OPPE and VYM?
OPPE and VYM have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OPPE and VYM?
OPPE and VYM share 1 common holdings with a 0.0% weight overlap. Combined, they hold 645 unique securities.
Which pays a higher dividend, OPPE or VYM?
OPPE yields 2.74% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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