FLJH vs. GSJY

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin FTSE Japan Hedged ETF (FLJH) and Goldman Sachs ActiveBeta Japan Equity ETF (GSJY).

FLJH and GSJY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLJH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Hedged to USD Net Tax Index. It was launched on Nov 2, 2017. 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 FLJH 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.

Performance

FLJH vs. GSJY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Japan Hedged ETF (FLJH) and Goldman Sachs ActiveBeta Japan Equity ETF (GSJY). The values are adjusted to include any dividend payments, if applicable.

FLJH vs. GSJY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLJH Franklin FTSE Japan Hedged ETF	9.29%	25.26%	25.89%	36.02%	-2.75%	12.68%	10.65%	20.34%	-14.66%	1.26%
GSJY Goldman Sachs ActiveBeta Japan Equity ETF	7.13%	26.22%	8.89%	19.18%	-16.15%	0.41%	13.81%	18.29%	-11.56%	2.83%

Returns By Period

In the year-to-date period, FLJH achieves a 9.29% return, which is significantly higher than GSJY's 7.13% return.

FLJH

• 1D: 2.72%
• 1M: -2.83%
• YTD: 9.29%
• 6M: 17.51%
• 1Y: 40.53%
• 3Y*: 28.77%
• 5Y*: 18.48%
• 10Y*: —

GSJY

• 1D: 2.57%
• 1M: -3.83%
• YTD: 7.13%
• 6M: 12.44%
• 1Y: 33.14%
• 3Y*: 17.98%
• 5Y*: 7.56%
• 10Y*: 9.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLJH vs. GSJY - Expense Ratio Comparison

FLJH has a 0.09% expense ratio, which is lower than GSJY's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

GSJY

Goldman Sachs ActiveBeta Japan Equity ETF

FLJH

Franklin FTSE Japan Hedged ETF

Return for Risk

FLJH vs. GSJY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLJH

FLJH Risk / Return Rank: 88
FLJH Sharpe Ratio Rank: 85
FLJH Sortino Ratio Rank: 87
FLJH Omega Ratio Rank: 87
FLJH Calmar Ratio Rank: 91
FLJH Martin Ratio Rank: 90

GSJY

GSJY Risk / Return Rank: 77
GSJY Sharpe Ratio Rank: 77
GSJY Sortino Ratio Rank: 79
GSJY Omega Ratio Rank: 76
GSJY Calmar Ratio Rank: 78
GSJY Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLJH vs. GSJY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan Hedged ETF (FLJH) 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.

	FLJH	GSJY	Difference
Sharpe ratio Return per unit of total volatility	1.77	1.50	+0.27
Sortino ratio Return per unit of downside risk	2.43	2.11	+0.31
Omega ratio Gain probability vs. loss probability	1.36	1.30	+0.06
Calmar ratio Return relative to maximum drawdown	3.32	2.30	+1.02
Martin ratio Return relative to average drawdown	12.34	8.67	+3.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLJH vs. GSJY - Sharpe Ratio Comparison

The current FLJH Sharpe Ratio is 1.77, which is comparable to the GSJY Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of FLJH and GSJY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLJH	GSJY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	1.50	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.00	0.42	+0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.52	+0.18

Correlation

The correlation between FLJH and GSJY is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FLJH vs. GSJY - Dividend Comparison

FLJH's dividend yield for the trailing twelve months is around 3.57%, more than GSJY's 1.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FLJH Franklin FTSE Japan Hedged ETF	3.57%	3.90%	5.06%	25.59%	26.67%	1.29%	0.00%	0.00%	5.92%	0.10%	0.00%
GSJY Goldman Sachs ActiveBeta Japan Equity ETF	1.85%	1.99%	1.64%	2.11%	2.13%	1.73%	1.22%	2.79%	3.28%	1.70%	2.09%

Drawdowns

FLJH vs. GSJY - Drawdown Comparison

The maximum FLJH drawdown since its inception was -31.51%, roughly equal to the maximum GSJY drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for FLJH and GSJY.

Drawdown Indicators

	FLJH	GSJY	Difference
Max Drawdown Largest peak-to-trough decline	-31.51%	-32.53%	+1.02%
Max Drawdown (1Y) Largest decline over 1 year	-11.83%	-14.08%	+2.25%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	-32.53%	+12.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.53%	—
Current Drawdown Current decline from peak	-5.01%	-7.92%	+2.91%
Average Drawdown Average peak-to-trough decline	-5.39%	-7.62%	+2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	3.73%	-0.54%

Volatility

FLJH vs. GSJY - Volatility Comparison

The current volatility for Franklin FTSE Japan Hedged ETF (FLJH) is 7.76%, while Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) has a volatility of 9.24%. This indicates that FLJH 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.

Volatility by Period

	FLJH	GSJY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.76%	9.24%	-1.48%
Volatility (6M) Calculated over the trailing 6-month period	14.50%	15.11%	-0.61%
Volatility (1Y) Calculated over the trailing 1-year period	23.00%	22.17%	+0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.50%	17.96%	+0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.90%	16.97%	+2.93%