WisdomTree Japan Opportunities Fund (OPPJ) Performance
OPPJ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +24.3% since Dec 31, 2025
- 1 year
- +33.9% total return
- 5 years
- +24.1% a year
- 10 years
- +16.3% a year
- Since first price
- +14.9% a year since 2013
OPPJ trailing returns vs SPY, QQQ, AGG
| Period | OPPJ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.1% | −5.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.6% | +0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.1% | +4.5% | +7.8% | +8.4% | −1.5% |
| YTD | +24.3% | +23.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +33.9% | +32.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +123.4%+30.7%/yr | +106.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +194.0%+24.1%/yr | +154.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +352.1%+16.3%/yr | +252.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJun 28, 2013 | +532.6%+14.9%/yr | +330.5% | — | — | — |
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: OPPJ vs SPY
From Jun 28, 2013: OPPJ grew to $63,262, SPY to $59,224.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
OPPJ returns by calendar year
10 of 12 full years positive. Best 2023 (+39.0%), worst 2018 (−18.7%). 2026 is year to date.
OPPJ annual returns table
| Year | OPPJ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +24.3% | −9.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +37.1% | −14.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +20.7% | −16.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +39.0% | −7.5% | +26.2% | +54.9% | +5.7% |
| 2022 | +5.0% | −8.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +11.7% | −12.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −3.2% | −35.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +18.2% | −13.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −18.7% | −25.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +29.6% | −8.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +8.5% | −17.5% | +12.0% | +7.1% | +2.4% |
| 2015 | +15.8% | −16.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +9.1% | −11.8% | +13.5% | +19.2% | +6.0% |
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.
OPPJ largest drawdowns
Now 6.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 8, 2018 | −39.3% | Mar 16, 2020 | Mar 15, 2021 | 2.2 years | 3.2 years |
| Aug 10, 2015 | −23.8% | Feb 11, 2016 | Dec 7, 2016 | 6 months | 1.3 years |
| Jul 16, 2024 | −16.5% | Aug 5, 2024 | Dec 27, 2024 | 20 days | 5 months |
| Mar 27, 2025 | −14.5% | Apr 7, 2025 | May 12, 2025 | 11 days | 46 days |
| Sep 16, 2021 | −14.5% | Mar 8, 2022 | Nov 22, 2022 | 6 months | 1.2 years |
| Jan 21, 2014 | −11.8% | Apr 11, 2014 | Jul 1, 2014 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
OPPJ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +30.9% | +24.8% | +17.2% | +15.3% |
| Volatility (annualized) | 11.8% | 12.0% | 14.1% | 14.4% |
| Sharpe ratio | 1.99 | 1.63 | 1.04 | 0.95 |
| Sortino ratio | 5.13 | 3.44 | 1.64 | 1.47 |
| Best month | +12.3% | +12.3% | +12.3% | +12.3% |
| Worst month | −5.1% | −7.9% | −12.3% | −12.3% |
| Best 12 months | +73.2% | +73.2% | +73.2% | +73.2% |
| Worst 12 months | +7.0% | +0.4% | −18.7% | −18.7% |
| Positive months | 75% | 73% | 72% | 71% |
| Beta vs S&P 500 | 0.20 | 0.27 | 0.45 | — |
| Correlation with S&P 500 | 0.21 | 0.35 | 0.49 | — |
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.
OPPJ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 149 | −18.7% | +16.2% | +73.2% | 81% |
| 3-year (a year) | 125 | −3.2% | +12.8% | +37.8% | 91% |
| 5-year (a year) | 101 | +1.7% | +10.1% | +26.1% | 100% |
| 10-year (a year) | 41 | +10.1% | +11.9% | +17.9% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
OPPJ performance overview
WisdomTree Japan Opportunities Fund (OPPJ) returned +33.9% over the past year and +16.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +14.9% a year, turning $10,000 into about $63,262. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −39.3%, from Jan 8, 2018 to Mar 16, 2020, and it took 12 months to get back to the old high. OPPJ finished 10 of its 12 full calendar years with a gain; the best year was 2023 (+39.0%) and the worst 2018 (−18.7%). Volatility has been 14.4% a year.
Related: OPPJ chart, OPPJ dividends. See the OPPJ overview for the latest quote and fund facts.
OPPJ performance FAQ
What is the OPPJ return over the past year?
OPPJ returned +33.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 32.2%.
What is the average annual return of OPPJ?
OPPJ has returned +24.1% a year over 5 years, +16.3% a year over 10 years, +14.9% a year since June 28, 2013 (total return, distributions reinvested).
How much would $10,000 invested in OPPJ be worth?
$10,000 invested in OPPJ at its first recorded close on June 28, 2013 would be worth about $63,262 on October 23, 2026 with distributions reinvested.
What was the worst year for OPPJ?
The worst calendar year was 2018, with a total return of −18.7%. The best was 2023 at +39.0%.
What is the biggest drawdown of OPPJ?
The largest peak-to-trough decline was −39.3% between January 8, 2018 and March 16, 2020. It recovered to the old high on March 15, 2021, 12 months after the bottom.
How volatile is OPPJ?
Over the past 3 years OPPJ had an annualized volatility of 11.8% and a Sharpe ratio of 1.99 (excess return over 1–3 month T-bills per unit of risk).