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Is WisdomTree Japan Opportunities Fund (OPPJ) a Strong ETF Right Now?
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The WisdomTree Japan Opportunities Fund (OPPJ - Free Report) was launched on 06/28/2013, and is a smart beta exchange traded fund designed to offer broad exposure to the Asia-Pacific (Developed) ETFs category of the market.
What Are Smart Beta ETFs?
The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.
A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.
On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta.
Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.
While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results.
Fund Sponsor & Index
The fund is managed by Wisdomtree, and has been able to amass over $294.77 million, which makes it one of the average sized ETFs in the Asia-Pacific (Developed) ETFs. OPPJ seeks to match the performance of the WISDOMTREE JAPAN OPPORTUNITIES INDEX before fees and expenses.
The WisdomTree Japan Opportunities Index tracks the performance of Japanese companies.
Cost & Other Expenses
Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same.
Annual operating expenses for this ETF are 0.58%, making it on par with most peer products in the space.
It's 12-month trailing dividend yield comes in at 1.46%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
When you look at individual holdings, Marubeni Corpaccounts for about 10.14% of the fund's total assets, followed by Mitsui & Co Ltd and Mitsubishi Corp.
Its top 10 holdings account for approximately 51.19% of OPPJ's total assets under management.
Performance and Risk
So far this year, OPPJ has added roughly 29.67%, and it's up approximately 0% in the last one year (as of 06/22/2026). During this past 52-week period, the fund has traded between $35.34 and $61.09.
OPPJ has a beta of 0.24 and standard deviation of 0.00% for the trailing three-year period. With about 103 holdings, it effectively diversifies company-specific risk .
Alternatives
WisdomTree Japan Opportunities Fund is a reasonable option for investors seeking to outperform the Asia-Pacific (Developed) ETFs segment of the market. However, there are other ETFs in the space which investors could consider.
JPMorgan BetaBuilders Japan ETF (BBJP) tracks MORNINGSTAR JAPAN TRGT MRKT EXPOSURE ID and the iShares MSCI Japan ETF (EWJ) tracks MSCI Japan Index. JPMorgan BetaBuilders Japan ETF has $18.04 billion in assets, iShares MSCI Japan ETF has $23.08 billion. BBJP has an expense ratio of 0.19% and EWJ changes 0.49%.
Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Asia-Pacific (Developed) ETFs
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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Is WisdomTree Japan Opportunities Fund (OPPJ) a Strong ETF Right Now?
The WisdomTree Japan Opportunities Fund (OPPJ - Free Report) was launched on 06/28/2013, and is a smart beta exchange traded fund designed to offer broad exposure to the Asia-Pacific (Developed) ETFs category of the market.
What Are Smart Beta ETFs?
The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.
A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.
On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta.
Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.
While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results.
Fund Sponsor & Index
The fund is managed by Wisdomtree, and has been able to amass over $294.77 million, which makes it one of the average sized ETFs in the Asia-Pacific (Developed) ETFs. OPPJ seeks to match the performance of the WISDOMTREE JAPAN OPPORTUNITIES INDEX before fees and expenses.
The WisdomTree Japan Opportunities Index tracks the performance of Japanese companies.
Cost & Other Expenses
Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same.
Annual operating expenses for this ETF are 0.58%, making it on par with most peer products in the space.
It's 12-month trailing dividend yield comes in at 1.46%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
When you look at individual holdings, Marubeni Corpaccounts for about 10.14% of the fund's total assets, followed by Mitsui & Co Ltd and Mitsubishi Corp.
Its top 10 holdings account for approximately 51.19% of OPPJ's total assets under management.
Performance and Risk
So far this year, OPPJ has added roughly 29.67%, and it's up approximately 0% in the last one year (as of 06/22/2026). During this past 52-week period, the fund has traded between $35.34 and $61.09.
OPPJ has a beta of 0.24 and standard deviation of 0.00% for the trailing three-year period. With about 103 holdings, it effectively diversifies company-specific risk .
Alternatives
WisdomTree Japan Opportunities Fund is a reasonable option for investors seeking to outperform the Asia-Pacific (Developed) ETFs segment of the market. However, there are other ETFs in the space which investors could consider.
JPMorgan BetaBuilders Japan ETF (BBJP) tracks MORNINGSTAR JAPAN TRGT MRKT EXPOSURE ID and the iShares MSCI Japan ETF (EWJ) tracks MSCI Japan Index. JPMorgan BetaBuilders Japan ETF has $18.04 billion in assets, iShares MSCI Japan ETF has $23.08 billion. BBJP has an expense ratio of 0.19% and EWJ changes 0.49%.
Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Asia-Pacific (Developed) ETFs
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.