WisdomTree Japan Opportunities Fund
$60.35−0.93 (−1.52%)
- Expense ratio
- 0.58%
- Fund size
- $339M
- 1Y return
- +46.5%
- Yield · Last 12 months
- 1.05%
- Volume · 30D
- 0.1M sh
- NAV per share
- $59.42
- 52W range
The ETF.net OPPJ Grade
Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 44Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 90Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 67Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 43Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 29Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 61Category rank
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
- —
- 55%
- 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$14,650
Returns run to the Sep 22, 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 | +33.0% |
| 1 month | +6.8% |
| 3 months | +0.9% |
| 1 year | +46.5% |
| 3 years | +31.6% |
| 5 years | +25.7% |
| 10 years | +18.8% |
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 | +33.0% | |
| 2025 | +37.1% | |
| 2024 | +20.7% | |
| 2023 | +38.9% | |
| 2022 | +7.8% | |
| 2021 | +12.8% | |
| 2020 | −0.2% |
OPPJ in the news
OPPJ Dividends
- 1.05%
- $0.65
- $0.34 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 29, 2026 | $0.34 |
| Mar 26, 2026 | Mar 30, 2026 | $0.06 |
| Dec 26, 2025 | Dec 30, 2025 | $0.24 |
| Sep 25, 2025 | Sep 29, 2025 | $0.01 |
| Jun 25, 2025 | Jun 27, 2025 | $0.58 |
| Dec 26, 2024 | Dec 30, 2024 | $1.02 |
| Sep 25, 2024 | Sep 27, 2024 | $0.02 |
| Jun 25, 2024 | Jun 27, 2024 | $0.10 |
| Mar 22, 2024 | Mar 27, 2024 | $0.25 |
| Dec 22, 2023 | Dec 28, 2023 | $0.34 |
| Jun 26, 2023 | Jun 29, 2023 | $0.22 |
| Mar 27, 2023 | Mar 30, 2023 | $0.25 |
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.
- 1.94
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.