DXJS vs. GSJY
Compare and contrast key facts about WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) and Goldman Sachs ActiveBeta Japan Equity ETF (GSJY).
DXJS and GSJY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DXJS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged SmallCap Equity Index. It was launched on Jun 28, 2013. GSJY is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta Japan Equity Index. It was launched on Mar 2, 2016. Both DXJS and GSJY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXJS or GSJY.
Key characteristics
| DXJS | GSJY | |
|---|---|---|
| YTD Return | 16.06% | 8.89% |
| 1Y Return | 20.65% | 15.75% |
| 3Y Return (Ann) | 19.14% | 1.74% |
| 5Y Return (Ann) | 13.35% | 4.66% |
| Sharpe Ratio | 1.13 | 0.92 |
| Sortino Ratio | 1.48 | 1.32 |
| Omega Ratio | 1.21 | 1.17 |
| Calmar Ratio | 1.22 | 1.10 |
| Martin Ratio | 5.23 | 4.30 |
| Ulcer Index | 3.85% | 3.69% |
| Daily Std Dev | 17.91% | 17.22% |
| Max Drawdown | -39.29% | -32.53% |
| Current Drawdown | -3.40% | -5.93% |
Correlation
The correlation between DXJS and GSJY is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DXJS vs. GSJY - Performance Comparison
In the year-to-date period, DXJS achieves a 16.06% return, which is significantly higher than GSJY's 8.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DXJS vs. GSJY - Expense Ratio Comparison
DXJS has a 0.58% expense ratio, which is higher than GSJY's 0.25% expense ratio.
Risk-Adjusted Performance
DXJS vs. GSJY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) and Goldman Sachs ActiveBeta Japan Equity ETF (GSJY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DXJS vs. GSJY - Dividend Comparison
DXJS's dividend yield for the trailing twelve months is around 2.06%, more than GSJY's 1.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJS WisdomTree Japan Hedged SmallCap Equity Fund | 2.06% | 2.71% | 2.63% | 2.96% | 3.04% | 2.16% | 2.06% | 1.53% | 1.66% | 3.99% | 8.65% | 0.21% |
GSJY Goldman Sachs ActiveBeta Japan Equity ETF | 1.94% | 2.12% | 2.13% | 1.73% | 1.12% | 2.79% | 3.28% | 1.70% | 2.09% | 0.00% | 0.00% | 0.00% |
Drawdowns
DXJS vs. GSJY - Drawdown Comparison
The maximum DXJS drawdown since its inception was -39.29%, which is greater than GSJY's maximum drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for DXJS and GSJY. For additional features, visit the drawdowns tool.
Volatility
DXJS vs. GSJY - Volatility Comparison
The current volatility for WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) is 4.02%, while Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) has a volatility of 4.83%. This indicates that DXJS experiences smaller price fluctuations and is considered to be less risky than GSJY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.