ρ +0.84beyond mkt +0.74holdout +0.88stable 100%robust
OPPJ WisdomTree Trust WisdomTree Japan Opportunities Fund
- Last close
- 53.86
- 504-day return
- +68.37%
- Median $/day
- $1.0M
- Relationships shown
- 12
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: OPPE move almost identically to OPPJ (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
OPPJ vs DXJ
Both indexed to 100 at 2026-05-11.
Moves with OPPJ
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.75beyond mkt +0.61holdout +0.82stable 100%robust
ρ +0.77beyond mkt +0.61holdout +0.86stable 100%robust
ρ +0.74beyond mkt +0.56holdout +0.79stable 100%robust
ρ +0.68beyond mkt +0.42holdout +0.74stable 100%robust
ρ +0.68beyond mkt +0.40holdout +0.76stable 100%robust
Moves against OPPJ
ρ -0.34beyond mkt +0.04holdout -0.44stable 100%robust
ρ -0.38beyond mkt -0.03holdout -0.35stable 100%robust
ρ -0.43beyond mkt -0.01holdout -0.56stable 100%robust
ρ -0.42beyond mkt -0.01holdout -0.60stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.45recent -0.11prior +0.34beyond mkt -0.00
Δ -0.44recent -0.33prior +0.11beyond mkt -0.02
Δ -0.44recent -0.37prior +0.07beyond mkt -0.03
Δ -0.44recent -0.34prior +0.10beyond mkt +0.06
Δ -0.43recent -0.12prior +0.32beyond mkt +0.01
Δ -0.43recent -0.34prior +0.08beyond mkt +0.02
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| DBEF Xtrackers MSCI EAFE Hedged Equity ETF | +0.40 | +0.68 | 8 | |
| EWJ iShares MSCI Japan ETF | +0.61 | +0.77 | 17 | |
| VPL Vanguard FTSE Pacific ETF | +0.42 | +0.68 | 13 | |
| HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF | +0.56 | +0.74 | 18 | |
| SCJ iShares MSCI Japan Small-Cap ETF | +0.61 | +0.75 | 22 | |
| DXJ WisdomTree Japan Hedged Equity Fund | +0.74 | +0.84 | 25 |