GSAT vs. DXJ

Last updated Aug 6, 2026

GSAT (Globalstar, Inc.) is a stock, while DXJ (WisdomTree Japan Hedged Equity Fund) is Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Over the past 10 years, GSAT returned 16.58%/yr vs 18.82%/yr for DXJ. Their 0.22 correlation means their historical movements had little consistent relationship.

Performance

GSAT vs. DXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Globalstar, Inc. (GSAT) and WisdomTree Japan Hedged Equity Fund (DXJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSAT achieves a 36.71% return, which is significantly higher than DXJ's 23.09% return. Over the past 10 years, GSAT has underperformed DXJ with an annualized return of 16.58%, while DXJ has yielded a comparatively higher 18.82% annualized return.

GSAT

• 1D: -0.29%
• 1M: 4.05%
• 6M: 42.89%
• YTD: 36.71%
• 1Y: 234.20%
• 3Y*: 67.68%
• 5Y*: 32.16%
• 10Y*: 16.58%
• ALL TIME*: -5.50%

DXJ

• 1D: 1.24%
• 1M: -1.94%
• 6M: 10.87%
• YTD: 23.09%
• 1Y: 49.38%
• 3Y*: 31.64%
• 5Y*: 27.36%
• 10Y*: 18.82%
• ALL TIME*: 9.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DXJ WisdomTree Japan Hedged Equity Fund	$71.43M	$62.22M	$59.04M
GSAT Globalstar, Inc.	$104.08M	$86.18M	$106.60M

GSAT vs. DXJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSAT Globalstar, Inc.	36.71%	96.59%	6.70%	45.86%	14.66%	242.59%	-34.88%	-18.71%	-51.17%	-17.09%
DXJ WisdomTree Japan Hedged Equity Fund	23.09%	32.78%	29.83%	42.04%	5.96%	17.99%	3.94%	18.94%	-19.78%	22.81%

Correlation

The correlation between GSAT and DXJ is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.24
Correlation (5Y) Shows whether the relationship held over a longer period.	0.26
Correlation (10Y) Provides a long-term view across more market conditions.	0.22
Correlation (All Time) Calculated using the full available price history since Nov 2, 2006	0.22

Return for Risk

GSAT vs. DXJ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GSAT

GSAT Risk / Return Rank: 97
GSAT Sharpe Ratio Rank: 98
GSAT Sortino Ratio Rank: 96
GSAT Omega Ratio Rank: 96
GSAT Calmar Ratio Rank: 98
GSAT Martin Ratio Rank: 98

DXJ

DXJ Risk / Return Rank: 92
DXJ Sharpe Ratio Rank: 93
DXJ Sortino Ratio Rank: 91
DXJ Omega Ratio Rank: 92
DXJ Calmar Ratio Rank: 92
DXJ Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GSAT vs. DXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Globalstar, Inc. (GSAT) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GSAT	DXJ	Difference
Sharpe ratio: Return per unit of total volatility	3.46	2.73	+0.73
Sortino ratio: Return per unit of downside risk	3.63	3.53	+0.09
Omega ratio: Gain probability vs. loss probability	1.52	1.48	+0.04
Calmar ratio: Return relative to maximum drawdown	8.89	4.52	+4.37
Martin ratio: Return relative to average drawdown	22.29	16.74	+5.54

GSAT vs. DXJ - Sharpe Ratio Comparison

The current GSAT Sharpe Ratio is 3.46, which is comparable to the DXJ Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of GSAT and DXJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSAT vs. DXJ - Drawdown Comparison

The maximum GSAT drawdown since its inception was -99.14%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for GSAT and DXJ.

Drawdown Indicators

	GSAT	DXJ	Difference
Max Drawdown Largest peak-to-trough decline	-99.14%	-49.63%	-49.51%
Max Drawdown (1Y) Largest decline over 1 year	-26.53%	-10.98%	-15.55%
Max Drawdown (3Y) Largest decline over 3 years	-50.72%	-22.19%	-28.53%
Max Drawdown (5Y) Largest decline over 5 years	-67.54%	-22.19%	-45.35%
Max Drawdown (10Y) Largest decline over 10 years	-89.34%	-39.14%	-50.20%
Current Drawdown Current decline from peak	-68.25%	-1.94%	-66.31%
Average Drawdown Average peak-to-trough decline	-88.24%	-14.23%	-74.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.56%	2.96%	+7.60%

Volatility

GSAT vs. DXJ - Volatility Comparison

The current volatility for Globalstar, Inc. (GSAT) is 5.09%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 5.58%. This indicates that GSAT experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSAT	DXJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	5.58%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	33.73%	14.52%	+19.21%
Volatility (1Y) Calculated over the trailing 1-year period	68.27%	18.18%	+50.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.85%	19.11%	+57.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.57%	19.92%	+69.65%

Dividends

GSAT vs. DXJ - Dividend Comparison

GSAT has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 0.95%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DXJ WisdomTree Japan Hedged Equity Fund	0.95%	1.29%	3.48%	3.44%	3.02%	2.64%	2.53%	2.47%	2.92%	2.30%	1.98%	5.95%
GSAT Globalstar, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSAT and DXJ in my portfolio?

GSAT and DXJ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSAT or DXJ?

DXJ has higher volatility (5.58%) compared to GSAT (5.09%). In terms of maximum drawdown, GSAT dropped -99.14% vs DXJ's -49.63%.

Which has better risk-adjusted returns?

GSAT currently has the higher Sharpe Ratio (3.46 vs 2.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.