Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) Performance
GSJY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.7% since Dec 31, 2025
- 1 year
- +20.1% total return
- 5 years
- +9.6% a year
- 10 years
- +9.0% a year
- Since first price
- +9.2% a year since 2016
GSJY trailing returns vs SPY, QQQ, AGG
| Period | GSJY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.8% | −2.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.5% | +4.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.2% | +8.4% | +7.8% | +8.4% | −1.5% |
| YTD | +16.7% | +15.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.1% | +17.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +77.3%+21.0%/yr | +67.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +58.0%+9.6%/yr | +43.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +137.4%+9.0%/yr | +93.1% | — | — | — |
| Since inceptionMar 4, 2016 | +154.1%+9.2%/yr | +104.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GSJY vs SPY
From Mar 4, 2016: GSJY grew to $25,408, SPY to $45,087.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GSJY returns by calendar year
7 of 9 full years positive. Best 2025 (+26.2%), worst 2022 (−16.1%). 2026 is year to date.
GSJY annual returns table
| Year | GSJY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.7% | −14.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.2% | −15.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.9% | −11.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +19.2% | −9.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −16.1% | −27.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +0.4% | −11.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +13.7% | −27.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +18.3% | −5.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −11.6% | −20.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +25.5% | −3.4% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GSJY largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 15, 2021 | −32.5% | Oct 14, 2022 | Mar 6, 2024 | 1.1 years | 2.5 years |
| Jan 26, 2018 | −28.5% | Mar 16, 2020 | Nov 5, 2020 | 2.1 years | 2.8 years |
| Mar 19, 2025 | −15.0% | Apr 7, 2025 | May 5, 2025 | 19 days | 47 days |
| Feb 11, 2026 | −14.1% | Mar 20, 2026 | Jun 18, 2026 | 37 days | 4 months |
| Jul 16, 2024 | −11.6% | Aug 6, 2024 | Aug 23, 2024 | 21 days | 38 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GSJY risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2016 |
|---|---|---|---|---|
| Annualized return | +20.7% | +9.7% | +9.1% | +9.6% |
| Volatility (annualized) | 11.6% | 14.4% | 13.2% | 13.0% |
| Sharpe ratio | 1.32 | 0.47 | 0.56 | 0.61 |
| Sortino ratio | 2.11 | 0.70 | 0.84 | 0.93 |
| Best month | +7.4% | +11.7% | +11.7% | +11.7% |
| Worst month | −8.5% | −8.9% | −8.9% | −8.9% |
| Best 12 months | +41.4% | +41.4% | +41.4% | +41.4% |
| Worst 12 months | −0.1% | −28.5% | −28.5% | −28.5% |
| Positive months | 75% | 63% | 62% | 63% |
| Beta vs S&P 500 | 0.54 | 0.67 | 0.63 | — |
| Correlation with S&P 500 | 0.58 | 0.73 | 0.73 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GSJY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 116 | −28.5% | +12.2% | +41.4% | 73% |
| 3-year (a year) | 92 | −3.7% | +5.6% | +22.3% | 96% |
| 5-year (a year) | 68 | −1.1% | +6.9% | +9.9% | 97% |
| 10-year (a year) | 8 | +8.6% | +9.1% | +9.4% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
GSJY performance overview
Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) returned +20.1% over the past year and +9.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +9.2% a year, turning $10,000 into about $25,408. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.5%, from Sep 15, 2021 to Oct 14, 2022, and it took 1.4 years to get back to the old high. GSJY finished 7 of its 9 full calendar years with a gain; the best year was 2025 (+26.2%) and the worst 2022 (−16.1%). Volatility has been 13.0% a year.
Related: GSJY chart, GSJY holdings, GSJY dividends. See the GSJY overview for the latest quote and fund facts.
GSJY performance FAQ
What is the GSJY return over the past year?
GSJY returned +20.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.5%.
What is the average annual return of GSJY?
GSJY has returned +9.6% a year over 5 years, +9.0% a year over 10 years, +9.2% a year since March 4, 2016 (total return, distributions reinvested).
How much would $10,000 invested in GSJY be worth?
$10,000 invested in GSJY at its first recorded close on March 4, 2016 would be worth about $25,408 on October 23, 2026 with distributions reinvested.
What was the worst year for GSJY?
The worst calendar year was 2022, with a total return of −16.1%. The best was 2025 at +26.2%.
What is the biggest drawdown of GSJY?
The largest peak-to-trough decline was −32.5% between September 15, 2021 and October 14, 2022. It recovered to the old high on March 6, 2024, 1.4 years after the bottom.
How volatile is GSJY?
Over the past 3 years GSJY had an annualized volatility of 11.6% and a Sharpe ratio of 1.32 (excess return over 1–3 month T-bills per unit of risk).