ETF Evaluator:
WisdomTree GeoAlpha Opportunities Fund ()
Follow This ETF
(as of Aug 26)
Best Performing in Macro Trading Over the Last Year
| 24.0% | WisdomTree GeoAlpha Opportunities Fund (OPPG) |
| 23.3% | Macro Trading () |
| 22.7% | Unlimited HFGM Global Macro ETF (HFGM) |
| 0.0% | Virtus AlphaSimplex Global Macro ETF (ASGM) |
Risk
Index
Risk
Index
ETF Details
WisdomTree GeoAlpha Opportunities Fund Overview
WisdomTree GeoAlpha Opportunities Fund (OPPG) is a passively managed Alternative Macro Trading exchange-traded fund (ETF). WisdomTree launched the ETF in 2025.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree GeoAlpha Opportunities Index.
WisdomTree, Inc. (“WisdomTree”), the index provider and parent company of the fund’s investment adviser, WisdomTree Asset Management, Inc. (“WisdomTree Asset Management” or the “Adviser”), designed the index to provide exposure to global companies benefitting from shifts in geopolitical policy. To the extent the index is concentrated in the securities of companies assigned to a particular industry or group of industries. The fund is non-diversified.
About WisdomTree GeoAlpha Opportunities Fund (OPPG)
There are 5 members of the management team with an average tenure of 1.08 years: Marlene Walker-Smith (2025), David France (2025), Todd Frysinger (2025), Vlasta Sheremeta (2025) and Michael Stoll (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: WisdomTree GeoAlpha Opp GR USD index with a weighting of 100%. WisdomTree GeoAlpha Opportunities Fund has 67 securities in its portfolio. The top 10 holdings constitute 29.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WisdomTree GeoAlpha Opportunities Fund is part of the Alternative Strategies global asset class and is within the Alternative ETF group. WisdomTree GeoAlpha Opportunities Fund has 45.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 54.3% There is 45.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WisdomTree GeoAlpha Opportunities Fund has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $54 million average for the Macro Trading category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
OPPG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree GeoAlpha Opportunities Fund expense ratio is average compared to funds in the Macro Trading category. WisdomTree GeoAlpha Opportunities Fund has an expense ratio of 0.58%, which is 29% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree GeoAlpha Opportunities Fund has a portfolio turnover rate of 84%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 74% for the Macro Trading category.
Recently, in the month of July 2026, WisdomTree GeoAlpha Opportunities Fund returned 1.3%, which earned it a grade of A, as the Macro Trading category had an average return of 0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WisdomTree GeoAlpha Opportunities Fund has a trailing yield of 0.55%, which is below the 3.03% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WisdomTree GeoAlpha Opportunities Fund Grades
Year to date, the ETF has returned 9.6%, 1.0 percentage points worse than the category, which translates into a grade of C. The fund has returned 24.0% over the past year (grade of A).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about WisdomTree GeoAlpha Opportunities Fund, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
OPPG Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| OPPG Return (NAV) | 1.3% | 1.7% | 24.0% | na | na | na |
| OPPG Return (Price) | -0.3% | 3.4% | 24.6% | na | na | na |
| NAV +/- Price Return | 1.640% | -1.719% | -0.665% | na | na | na |
| Macro Trading Avg | 0.1% | -1.8% | 23.3% | na | na | na |
| OPPG Grade (NAV) | A | A | A | na | na | na |
| +/- Category (NAV) | 1.2% | 3.5% | 0.6% | na | na | na |
| OPPG Tax-Cost Ratio | na | na | 0.1% | na | na | na |
OPPG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| OPPG Return (NAV) | 9.6% | na | na | na | na | na | na | na | na | na | na |
| OPPG Return (Price) | 9.0% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.069% | na | na | na | na | na | na | na | na | na | na |
| Macro Trading Avg | 10.6% | na | na | na | na | na | na | na | na | na | na |
| OPPG Grade (NAV) | C | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -1.0% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.6% |
| Total Assets: | $ 2 Mil |
| Share Class Assets: | $ 2 Mil |
| Turnover: | 84.0% |
| Expense Ratio: | 0.58% |
| Index Fund: | Yes |
| Index Tracked: | WisdomTree GeoAlpha Opp GR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 1.1 years | |||
| Average Tenure: 1.1 years | |||
| Managers (Year): Walker-Smith Marlene (2025), France David (2025), Frysinger Todd (2025), Sheremeta Vlasta (2025), Stoll Michael (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 67 |
| % in Top 10 Holdings: | 29.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 45.4% |
Portfolio Allocation |
|
| Domestic Stock: | 54.3% |
| Foreign Stock: | 45.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.2% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | July 3, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.58% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.82% |
