TJUN vs. GEM

Last updated Jun 24, 2026

TJUN (FT Vest Emerging Markets Buffer ETF - June) and GEM (Goldman Sachs ActiveBeta Emerging Markets Equity ETF) are both exchange-traded funds - TJUN is a Defined Outcome fund managed by First Trust, while GEM is a Emerging Markets Equities fund tracking the Goldman Sachs ActiveBeta Emerging Markets Equity Index. Over the past year, TJUN returned 13.53% vs 45.28% for GEM. Their correlation of 0.86 suggests significant overlap in exposure. TJUN charges 0.95%/yr vs 0.45%/yr for GEM.

Performance

TJUN vs. GEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Emerging Markets Buffer ETF - June (TJUN) and Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TJUN achieves a 1.65% return, which is significantly lower than GEM's 22.90% return.

TJUN

• 1D: -3.88%
• 1M: -3.12%
• YTD: 1.65%
• 6M: 2.01%
• 1Y: 13.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEM

• 1D: -5.43%
• 1M: 2.53%
• YTD: 22.90%
• 6M: 23.85%
• 1Y: 45.28%
• 3Y*: 22.41%
• 5Y*: 7.42%
• 10Y*: 9.90%

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

TJUN vs. GEM - Yearly Performance Comparison

	2026 (YTD)	2025
TJUN FT Vest Emerging Markets Buffer ETF - June	1.65%	11.79%
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF	22.90%	19.14%

Correlation

The correlation between TJUN and GEM is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.86

The correlation between TJUN and GEM has been stable across timeframes, ranging from 0.86 to 0.86 - a consistent structural relationship.

Return for Risk

TJUN vs. GEM — Risk / Return Rank

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

TJUN

TJUN Risk / Return Rank: 62
TJUN Sharpe Ratio Rank: 52
TJUN Sortino Ratio Rank: 48
TJUN Omega Ratio Rank: 69
TJUN Calmar Ratio Rank: 67
TJUN Martin Ratio Rank: 76

GEM

GEM Risk / Return Rank: 68
GEM Sharpe Ratio Rank: 68
GEM Sortino Ratio Rank: 60
GEM Omega Ratio Rank: 70
GEM Calmar Ratio Rank: 71
GEM Martin Ratio Rank: 71

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.

TJUN vs. GEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Emerging Markets Buffer ETF - June (TJUN) and Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM). 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.

	TJUN	GEM	Difference
Sharpe ratio: Return per unit of total volatility	1.63	2.05	-0.42
Sortino ratio: Return per unit of downside risk	2.16	2.64	-0.48
Omega ratio: Gain probability vs. loss probability	1.37	1.39	-0.02
Calmar ratio: Return relative to maximum drawdown	3.04	3.37	-0.33
Martin ratio: Return relative to average drawdown	13.10	12.44	+0.67

TJUN vs. GEM - Sharpe Ratio Comparison

The current TJUN Sharpe Ratio is 1.63, which is comparable to the GEM Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of TJUN and GEM, 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

TJUN vs. GEM - Drawdown Comparison

The maximum TJUN drawdown since its inception was -4.47%, smaller than the maximum GEM drawdown of -37.02%. Use the drawdown chart below to compare losses from any high point for TJUN and GEM.

Drawdown Indicators

	TJUN	GEM	Difference
Max Drawdown Largest peak-to-trough decline	-4.47%	-37.02%	+32.55%
Max Drawdown (1Y) Largest decline over 1 year	-4.47%	-13.50%	+9.03%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.02%	—
Current Drawdown Current decline from peak	-3.88%	-5.43%	+1.55%
Average Drawdown Average peak-to-trough decline	-0.58%	-11.97%	+11.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	3.65%	-2.61%

Volatility

TJUN vs. GEM - Volatility Comparison

The current volatility for FT Vest Emerging Markets Buffer ETF - June (TJUN) is 4.01%, while Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) has a volatility of 12.24%. This indicates that TJUN experiences smaller price fluctuations and is considered to be less risky than GEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TJUN	GEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.01%	12.24%	-8.23%
Volatility (6M) Calculated over the trailing 6-month period	6.42%	20.13%	-13.71%
Volatility (1Y) Calculated over the trailing 1-year period	8.33%	22.16%	-13.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.33%	18.34%	-10.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.33%	19.21%	-10.88%

TJUN vs. GEM - Expense Ratio Comparison

TJUN has a 0.95% expense ratio, which is higher than GEM's 0.45% expense ratio.

Dividends

TJUN vs. GEM - Dividend Comparison

TJUN has not paid dividends to shareholders, while GEM's dividend yield for the trailing twelve months is around 1.87%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF	1.87%	2.30%	2.58%	2.97%	2.96%	3.00%	1.63%	3.13%	2.08%	1.81%	1.98%	0.25%
TJUN FT Vest Emerging Markets Buffer ETF - June	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 TJUN and GEM in my portfolio?

TJUN and GEM have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TJUN or GEM?

GEM has higher volatility (12.24%) compared to TJUN (4.01%). In terms of maximum drawdown, TJUN dropped -4.47% vs GEM's -37.02%.

Which ETF is better, TJUN or GEM?

On 1-year performance, GEM leads with 45.28% vs 13.53% for TJUN. On fees, GEM is cheaper at 0.45% per year. On volatility, TJUN has been the lower-risk option at 4.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TJUN or GEM?

Over the 1-year period, GEM has performed better with a 45.28% return vs 13.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TJUN or GEM?

GEM is cheaper with a 0.45% expense ratio, compared with 0.95% for TJUN.

Which ETF pays a higher dividend yield, TJUN or GEM?

GEM has the higher dividend yield at 1.87%, compared with 0.00% for TJUN.

What is the main difference between TJUN and GEM?

TJUN is categorized as Defined Outcome, while GEM is Emerging Markets Equities. They also come from different issuers: First Trust and Goldman Sachs. Their fees differ too: 0.95% for TJUN and 0.45% for GEM.

Which has better risk-adjusted returns?

GEM currently has the higher Sharpe Ratio (2.05 vs 1.63), 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.