GSEU vs. GSJY
Compare and contrast key facts about Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) and Goldman Sachs ActiveBeta Japan Equity ETF (GSJY).
GSEU and GSJY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSEU is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta Europe Equity Index. It was launched on Mar 2, 2016. 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 GSEU 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: GSEU or GSJY.
Correlation
The correlation between GSEU and GSJY is 0.64, 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
GSEU vs. GSJY - Performance Comparison
Key characteristics
GSEU:
0.95
GSJY:
0.30
GSEU:
1.37
GSJY:
0.53
GSEU:
1.16
GSJY:
1.07
GSEU:
1.11
GSJY:
0.46
GSEU:
2.56
GSJY:
1.16
GSEU:
4.73%
GSJY:
4.65%
GSEU:
12.87%
GSJY:
17.76%
GSEU:
-35.71%
GSJY:
-32.53%
GSEU:
-1.54%
GSJY:
-3.52%
Returns By Period
In the year-to-date period, GSEU achieves a 9.61% return, which is significantly higher than GSJY's 2.56% return.
GSEU
9.61%
5.27%
-0.08%
10.15%
6.86%
N/A
GSJY
2.56%
3.27%
-1.90%
3.92%
5.94%
N/A
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GSEU vs. GSJY - Expense Ratio Comparison
Both GSEU and GSJY have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
GSEU vs. GSJY — Risk-Adjusted Performance Rank
GSEU
GSJY
GSEU vs. GSJY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) 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
GSEU vs. GSJY - Dividend Comparison
GSEU's dividend yield for the trailing twelve months is around 2.15%, more than GSJY's 1.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSEU Goldman Sachs ActiveBeta Europe Equity ETF | 2.15% | 2.35% | 3.41% | 3.34% | 2.71% | 1.32% | 3.69% | 3.40% | 2.51% | 2.74% |
GSJY Goldman Sachs ActiveBeta Japan Equity ETF | 1.60% | 1.64% | 2.12% | 2.13% | 1.73% | 1.12% | 2.79% | 3.28% | 1.70% | 2.09% |
Drawdowns
GSEU vs. GSJY - Drawdown Comparison
The maximum GSEU drawdown since its inception was -35.71%, which is greater than GSJY's maximum drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for GSEU and GSJY. For additional features, visit the drawdowns tool.
Volatility
GSEU vs. GSJY - Volatility Comparison
The current volatility for Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is 3.40%, while Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) has a volatility of 4.00%. This indicates that GSEU 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.