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Launched · SEC filings

WisdomTree Japan Opportunities Fund

OPPJNasdaqWisdomTreeB

$56.52−0.09 (−0.16%)

At close: Nov 2, 2026, 4:00 PM ET

B57/ 100

Rank 11 of 18 in Japan

B57/100Rank 11 of 18inJapan
Intraday session: down, 79 prints from 56.61 to 56.52. Range 56.07 to 57.00. Use the arrow keys to read each point.56.2056.4056.8057.0010 AM12 PM2 PM4 PM
Expense ratio
0.58%
Fund size
$326M
1Y total return
+33.2%
Yield · Last 12 months
1.12%
Holdings
69
Avg volume · 30D
48.6K sh
52W range
low $42.50high $61.45
Launched
Filings
SEC EDGAR

The ETF.net OPPJ Grade

B

Score 57 out of 100

Category
Japan⁠
Rank
11 of 18
Six-pillar profile for OPPJ. Scores out of 100: Cost 44, Risk 63, Mission 90, Tradability 44, Holdings 29, Durability 60. Strongest: Mission (90). Weakest: Holdings (29). Leans toward Mission.

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 100
    Rank 10 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A90 out of 100
    Rank 12 of 14

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B63 out of 100
    Rank 4 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 11 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 17 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 11 of 18

Our read on OPPJ

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jun 28, 2013

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

OPPJ$13,322
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. OPPJ $13,322. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for OPPJ. Periods over one year show the average yearly return.
PeriodOPPJ
Year to date+22.8%
1 month−4.7%
3 months+0.9%
1 year+33.2%
3 yearsper year+28.3%
5 yearsper year+24.4%
10 yearsper year+17.2%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for OPPJ
YearReturn barOPPJ
2026 YTD+22.8%
2025+37.1%
2024+20.7%
2023+38.9%
2022+7.8%
2021+12.8%
2020−0.2%

OPPJ in the news

OPPJ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.12%Last 12 months
Payout per share
$0.64Last 12 months
Last payment
$0.34 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 26 payments from 2017 to 2026 YTD. Jun 26, 2017 $0.54; Sep 26, 2017 $0.0005; Dec 26, 2017 $0.08; Jun 25, 2018 $0.76; Jun 24, 2019 $0.43; Sep 24, 2019 $0.005; Dec 23, 2019 $0.24; Jun 23, 2020 $0.67; Dec 21, 2020 $0.54; Jun 24, 2021 $0.47; Sep 24, 2021 $0.005; Dec 27, 2021 $0.40; Jun 24, 2022 $0.61; Dec 23, 2022 $0.56; Mar 27, 2023 $0.25; Jun 26, 2023 $0.22; Dec 22, 2023 $0.34; Mar 22, 2024 $0.25; Jun 25, 2024 $0.10; Sep 25, 2024 $0.02; Dec 26, 2024 $1.02; Jun 25, 2025 $0.58; Sep 25, 2025 $0.01; Dec 26, 2025 $0.24; Mar 26, 2026 $0.06; Jun 25, 2026 $0.34. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 25, 2026Jun 29, 2026$0.34
Mar 26, 2026Mar 30, 2026$0.06
Dec 26, 2025Dec 30, 2025$0.24
Sep 25, 2025Sep 29, 2025$0.01
Jun 25, 2025Jun 27, 2025$0.58
Dec 26, 2024Dec 30, 2024$1.02
Sep 25, 2024Sep 27, 2024$0.02
Jun 25, 2024Jun 27, 2024$0.10
Mar 22, 2024Mar 27, 2024$0.25
Dec 22, 2023Dec 28, 2023$0.34
Jun 26, 2023Jun 29, 2023$0.22
Mar 27, 2023Mar 30, 2023$0.25

See all 33 payments⁠

$10,000 in OPPJ 10 years ago paid $5,473 in dividends.⁠

OPPJ Risk

Risk pillarB63 out of 100Rank 4 of 18 in Japan
How much the fund’s monthly returns vary, scaled to a year.
12.5%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.72
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−16.5%
Trough Aug 2024
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.

How strongly the fund’s returns move with its asset-class index.
0.56
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

OPPJ Cost

Compare OPPJ and FLJP

Overpaying vs FLJP, tied cheapest in Japan

$9,555

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • OPPJ 0.58%

    $11,453

  • FLJP 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • OPPJ 0.58%
  • FLJP 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530OPPJ $11,453FLJP $1,898

Year by year

YearOPPJFLJPOverpaying
10$1,041$165$876
20$3,986$646$3,340
30$11,453$1,898$9,555

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