WisdomTree Japan Opportunities Fund
$59.01+0.22 (+0.37%)
- 0.58%
- $334M
- +44.6%
- 1.08%
- 0.1M sh
- $58.66
- low $41.14high $61.45
The ETF.net OPPJ Grade
B
Score 57 out of 100
- 11 of 18
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C44 out of 100Rank 10 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 12 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 8 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C48 out of 100Rank 11 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D29 out of 100Rank 17 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B62 out of 100Rank 10 of 18
Our read on OPPJ
BMost Japan funds just hand you the index. OPPJ builds around the reform story: Berkshire's trading-house stakes, buyback-heavy payers, cheap governance improvers, and a yen hedge that resets between 0% and 100% every month.
The Fund seeks to track the price and yield performance of the WisdomTree Japan Opportunities Index before fees and expenses. It uses passive indexing and generally representative sampling, investing at least 80% of assets in Index constituents or economically similar investments.
Why people hold it
- The Buffett tell, written into the rulebook: up to 45% of the index can sit in Japanese companies where Berkshire Hathaway owns more than 5% of the shares.sec.govwisdomtree.com
- The yen hedge is a dial, not a switch. Each month the index sets its hedge anywhere from 0% to 100% using signals like yen momentum and US versus Japan interest rate differentials.wisdomtree.comsec.gov
- Three more sleeves take 15-33% each: high shareholder yield (dividends plus buybacks), cheap governance improvers with growing earnings, and geopolitical or tech themes.sec.gov
- Active-sounding story, passive plumbing: a published rules-based index, at least 80% of assets in its constituents, and close tracking of the index it names. Pays quarterly.
Worth knowing
- You pay for the design. The 0.58% fee runs above the typical Japan fund and well above plain trackers like FLJP at 0.09% and BBJP at 0.19%.
- Concentrated by construction: the Berkshire sleeve alone can reach 45% of the index and the fund is non-diversified, so a few trading houses can steer results.sec.gov
- New engine in an old chassis. This was the WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) until July 2025, so returns before that date reflect a different small-cap strategy.wisdomtree.comsec.gov
OPPJ Holdings
- Stocks
- 69
- 52%
- 8053.T
Geography
- Japan100.00%
Developed 100% · Emerging 0%
OPPJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
OPPJ$14,464
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | OPPJ |
|---|---|
| Year to date | +27.6% |
| 1 month | −2.9% |
| 3 months | +1.0% |
| 1 year | +44.6% |
| 3 years | +30.5% |
| 5 years | +25.5% |
| 10 years | +18.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | OPPJ |
|---|---|---|
| 2026 YTD | +27.6% | |
| 2025 | +37.1% | |
| 2024 | +20.7% | |
| 2023 | +38.9% | |
| 2022 | +7.8% | |
| 2021 | +12.8% | |
| 2020 | −0.2% |
OPPJ in the news
OPPJ Dividends
- 1.08%
- $0.64
- $0.34 per share
- Quarterly
Distribution history
OPPJ Risk
- 11.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.97
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.56
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
OPPJ Cost
0.58%
OPPJ0.58%
- The middle half of Japan funds
- Median 0.54%
9 of the 18 Japan funds charge less.
Other funds in Japan
- BDBJPXtrackers MSCI Japan Hedged Equity ETFExpense ratio 0.45%1 year return +39.8%
- BDXJWisdomTree Japan Hedged Equity FundExpense ratio 0.48%1 year return +43.2%
- CMJSCMUFG Japan Small Cap Active ETFExpense ratio 0.75%1 year return +33.7%
- CFJPFirst Trust Japan AlphaDEX FundExpense ratio 0.80%1 year return +28.2%
- CJPYLazard Japanese Equity ETFExpense ratio 0.60%1 year return +31.2%