OPPJ vs QQQ
WisdomTree Japan Opportunities Fund vs Invesco QQQ Trust, Series 1
Which is better, OPPJ or QQQ?
Small Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. OPPJ led over 1Y, 3Y and 5Y, QQQ over the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 55.0%.
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 | OPPJ | QQQ |
|---|---|---|
| Expense Ratio | 0.58% | 0.18%Best |
| AUM | $333M | $498.6B |
| Dividend Yield | 1.11% | 0.42% |
| Holdings | 92 | 321 |
| YTD Return | +26.26%Best | +21.44% |
| 1Y Return | +44.86%Best | +23.58% |
| 3Y Return (annualized) | +30.85%Best | +27.86% |
| 5Y Return (annualized) | +24.80%Best | +16.25% |
| Volatility (annualized) | 14.7%Best | 17.8% |
| Max Drawdown | -41.7% | -35.1%Best |
| $10,000 over 5 years | $30,274Best | $21,231 |
| Top 10 Weight | 55.0% | 47.2%Best |
| Fund Family | WisdomTree Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Growth |
| Inception | Jun 28, 2013 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 28, 2013 to Oct 1, 2026 (13.3 years).
OPPJ vs QQQ 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 13.3 years both funds cover.
OPPJ vs QQQ Performance
WisdomTree Japan Opportunities Fund (OPPJ) is an ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OPPJ returned +44.86% while QQQ returned +23.58%. Year to date, OPPJ is up 26.26% versus a gain of 21.44% for QQQ.
Over three years, OPPJ compounded at +30.85% per year against +27.86% for QQQ; over five years the annualized figures are +24.80% and +16.25% respectively. Across the full 13-year window we track, QQQ has the edge at +19.63% annualized vs +13.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 14.7% for OPPJ. 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 -41.7% for OPPJ and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OPPJ charges 0.58% per year while QQQ charges 0.18%. On a $10,000 position that is $58 vs $18 annually, a gap of $40 per year that compounds over a long holding period. On income, OPPJ currently yields 1.11% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 66 holdings in OPPJ and 102 in QQQ, totalling 98.3% and 99.9% 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 66 positions we hold weights for in OPPJ and 102 in QQQ, against full books of 92 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for OPPJ (97.8% of the fund), and 1 for OPPJ that do not appear in QQQ (0.1%).
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 OPPJ and QQQ 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, OPPJ or QQQ?
OPPJ has an expense ratio of 0.58% while QQQ charges 0.18%. QQQ is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, OPPJ or QQQ?
Over the past year OPPJ returned +44.86% vs +23.58% for QQQ, so OPPJ leads on 1-year performance. Over the longest common window we track (13 years), OPPJ annualized +13.22% vs +19.63% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OPPJ or QQQ?
QQQ has been the more volatile fund at 17.8% annualized versus 14.7% for OPPJ. Worst drawdown: OPPJ -41.7% vs QQQ -35.1%.
Should I hold both OPPJ and QQQ?
OPPJ and QQQ have a monthly-return correlation of 0.42, 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, OPPJ or QQQ?
OPPJ yields 1.11% while QQQ yields 0.42%, so OPPJ currently pays the higher dividend yield.
Is QQQ better than OPPJ?
QQQ has a lower expense ratio. OPPJ led over 1Y, 3Y and 5Y, QQQ over the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 55.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.