WisdomTree European Opportunities Fund (OPPE) Performance
OPPE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.0% since Dec 31, 2025
- 1 year
- +20.8% total return
- 5 years
- +13.8% a year
- 10 years
- +12.5% a year
- Since first price
- +11.1% a year since 2015
OPPE trailing returns vs SPY, QQQ, AGG
| Period | OPPE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.4% | −1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.0% | +1.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.5% | +3.8% | +7.8% | +8.4% | −1.5% |
| YTD | +16.0% | +12.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.8% | +17.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +104.7%+27.0%/yr | +84.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +90.8%+13.8%/yr | +57.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +224.8%+12.5%/yr | +133.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMar 4, 2015 | +241.4%+11.1%/yr | +130.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: OPPE vs SPY
From Mar 4, 2015: OPPE grew to $34,143, SPY to $43,873.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
OPPE returns by calendar year
7 of 10 full years positive. Best 2025 (+38.8%), worst 2018 (−13.3%). 2026 is year to date.
OPPE annual returns table
| Year | OPPE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.0% | −8.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +38.8% | −15.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.4% | −9.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +19.8% | −9.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −11.1% | −24.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +23.5% | −5.4% | +28.7% | +27.4% | −1.8% |
| 2020 | −2.9% | −39.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +28.6% | −8.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −13.3% | −20.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.2% | −4.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +8.1% | −14.3% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
OPPE largest drawdowns
Now 3.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −39.3% | Mar 18, 2020 | Feb 12, 2021 | 28 days | 12 months |
| Jan 4, 2022 | −24.5% | Oct 12, 2022 | Nov 29, 2023 | 9 months | 1.9 years |
| Jan 22, 2018 | −20.7% | Dec 24, 2018 | Oct 25, 2019 | 11 months | 1.8 years |
| Apr 15, 2015 | −19.6% | Feb 11, 2016 | Dec 15, 2016 | 10 months | 1.7 years |
| Mar 19, 2025 | −15.0% | Apr 8, 2025 | May 2, 2025 | 20 days | 44 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
OPPE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +24.6% | +14.5% | +12.6% | +10.9% |
| Volatility (annualized) | 11.0% | 14.0% | 16.2% | 16.1% |
| Sharpe ratio | 1.68 | 0.79 | 0.68 | 0.60 |
| Sortino ratio | 3.40 | 1.25 | 1.00 | 0.89 |
| Best month | +8.4% | +8.9% | +16.4% | +16.4% |
| Worst month | −5.0% | −9.8% | −23.4% | −23.4% |
| Best 12 months | +39.5% | +39.5% | +53.5% | +53.5% |
| Worst 12 months | +10.4% | −18.8% | −21.2% | −21.2% |
| Positive months | 83% | 70% | 65% | 64% |
| Beta vs S&P 500 | 0.44 | 0.62 | 0.81 | — |
| Correlation with S&P 500 | 0.49 | 0.69 | 0.76 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
OPPE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 128 | −21.2% | +13.0% | +53.5% | 75% |
| 3-year (a year) | 104 | −4.5% | +9.3% | +26.0% | 93% |
| 5-year (a year) | 80 | +0.3% | +8.8% | +18.4% | 100% |
| 10-year (a year) | 20 | +8.6% | +11.7% | +13.1% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
OPPE performance overview
WisdomTree European Opportunities Fund (OPPE) returned +20.8% over the past year and +12.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +11.1% a year, turning $10,000 into about $34,143. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −39.3%, from Feb 19, 2020 to Mar 18, 2020, and it took 11 months to get back to the old high. OPPE finished 7 of its 10 full calendar years with a gain; the best year was 2025 (+38.8%) and the worst 2018 (−13.3%). Volatility has been 16.1% a year.
Related: OPPE chart, OPPE dividends. See the OPPE overview for the latest quote and fund facts.
OPPE performance FAQ
What is the OPPE return over the past year?
OPPE returned +20.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.3%.
What is the average annual return of OPPE?
OPPE has returned +13.8% a year over 5 years, +12.5% a year over 10 years, +11.1% a year since March 4, 2015 (total return, distributions reinvested).
How much would $10,000 invested in OPPE be worth?
$10,000 invested in OPPE at its first recorded close on March 4, 2015 would be worth about $34,143 on October 23, 2026 with distributions reinvested.
What was the worst year for OPPE?
The worst calendar year was 2018, with a total return of −13.3%. The best was 2025 at +38.8%.
What is the biggest drawdown of OPPE?
The largest peak-to-trough decline was −39.3% between February 19, 2020 and March 18, 2020. It recovered to the old high on February 12, 2021, 11 months after the bottom.
How volatile is OPPE?
Over the past 3 years OPPE had an annualized volatility of 11.0% and a Sharpe ratio of 1.68 (excess return over 1–3 month T-bills per unit of risk).