OPPJ vs VOO

OPPJ vs VOO
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Quick Verdict

VOO has a lower expense ratio. OPPJ delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: OPPJMore Diversified: VOO

Side-by-Side Comparison

MetricOPPJVOOWinner
Expense Ratio0.58%0.03%
AUM$286M$997.4B
Dividend Yield1.13%1.08%
Holdings103509
YTD Return+22.46%+12.95%
1Y Return+46.28%+20.69%
3Y Return (annualized)+31.64%+22.09%
5Y Return (annualized)+24.91%+13.40%
Volatility (annualized)14.8%14.1%
Max Drawdown-41.7%-34.3%
Fund FamilyWisdomTree InvestmentsVanguard (US)
CategoryEquityEquity
InceptionJun 28, 2013Sep 7, 2010

OPPJ vs VOO Performance

WisdomTree Japan Opportunities Fund (OPPJ) is a ETF from WisdomTree Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year OPPJ returned +46.28% while VOO returned +20.69%. Year to date, OPPJ is up 22.46% versus a gain of 12.95% for VOO.

Over three years, OPPJ compounded at +31.64% per year against +22.09% for VOO; over five years the annualized figures are +24.91% and +13.40% respectively. Across the full 13-year window we track, VOO has the edge at +13.50% annualized vs +13.09%. 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 14.1% for VOO. 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 -34.3% for VOO. 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

OPPJ charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, OPPJ currently yields 1.13% against 1.08% for VOO.

Holdings Overlap

0.0%overlap

OPPJ and VOO share 0 holdings out of 593 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, OPPJ or VOO?

OPPJ has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $55 per year of difference.

Which performed better, OPPJ or VOO?

Over the past year OPPJ returned +46.28% vs +20.69% for VOO, so OPPJ leads on 1-year performance. Over the longest common window we track (13 years), OPPJ annualized +13.09% vs +13.50% for VOO. Past performance does not guarantee future results.

Which is riskier, OPPJ or VOO?

OPPJ has been the more volatile fund at 14.8% annualized versus 14.1% for VOO. Worst drawdown: OPPJ -41.7% vs VOO -34.3%.

Should I hold both OPPJ and VOO?

OPPJ and VOO have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between OPPJ and VOO?

OPPJ and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 593 unique securities.

Which pays a higher dividend, OPPJ or VOO?

OPPJ yields 1.13% while VOO yields 1.08%, so OPPJ currently pays the higher dividend yield.

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