OPPJ vs VYM
WisdomTree Japan Opportunities Fund vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. OPPJ delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | OPPJ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.58% | 0.04% | |
| AUM | $286M | $81.6B | |
| Dividend Yield | 1.13% | 2.24% | |
| Holdings | 103 | 616 | |
| YTD Return | +20.59% | +15.60% | |
| 1Y Return | +43.05% | +23.48% | |
| 3Y Return (annualized) | +30.94% | +19.07% | |
| 5Y Return (annualized) | +24.95% | +12.50% | |
| Volatility (annualized) | 14.8% | 14.6% | |
| Max Drawdown | -41.7% | -58.8% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2013 | Nov 10, 2006 |
OPPJ vs VYM Performance
WisdomTree Japan Opportunities Fund (OPPJ) is a ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year OPPJ returned +43.05% while VYM returned +23.48%. Year to date, OPPJ is up 20.59% versus a gain of 15.60% for VYM.
Over three years, OPPJ compounded at +30.94% per year against +19.07% for VYM; over five years the annualized figures are +24.95% and +12.50% respectively. Across the full 13-year window we track, OPPJ has the edge at +12.95% annualized vs +7.05%. 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 14.6% 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 -41.7% for OPPJ 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OPPJ charges 0.58% per year while VYM charges 0.04%. On a $10,000 position that is $58 vs $4 annually, a gap of $54 per year that compounds over a long holding period. On income, OPPJ currently yields 1.13% against 2.24% for VYM.
Holdings Overlap
OPPJ and VYM share 0 holdings out of 691 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 VYM?
OPPJ has an expense ratio of 0.58% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $54 per year of difference.
Which performed better, OPPJ or VYM?
Over the past year OPPJ returned +43.05% vs +23.48% for VYM, so OPPJ leads on 1-year performance. Over the longest common window we track (13 years), OPPJ annualized +12.95% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, OPPJ or VYM?
OPPJ has been the more volatile fund at 14.8% annualized versus 14.6% for VYM. Worst drawdown: OPPJ -41.7% vs VYM -58.8%.
Should I hold both OPPJ and VYM?
OPPJ and VYM have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OPPJ and VYM?
OPPJ and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 691 unique securities.
Which pays a higher dividend, OPPJ or VYM?
OPPJ yields 1.13% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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